Easter Loans
Make Easter a little sweeter. Get a loan with Savvy today.
- Borrow up to $5,000
- Outcome in 60 seconds
- Flexible repayments
- 100% online
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Indulging in chocolate eggs and long lunches is all part of the joy and splendour of Easter but buying gifts and preparing food can be costly. If you need a quick loan to get you through the holiday period, you can hop on over to Savvy.
We’re partnered with reputable lenders who offer fast Easter loans. Applying online is fuss-free and you’ll get an instant outcome on your loan application, leaving you more time to spoil yourself with chocolate eggs. Apply with Savvy and get an Easter loan today.
What is an Easter loan and how do I apply?
An Easter loan is a small loan taken out to cover the many costs associated with Easter and the long weekend. You can apply online with Savvy for loans ranging from $2,050 up to $5,000 and use it to cover the cost of chocolate Easter eggs, gifts, food for Good Friday lunch and travel to visit family and friends.
Applying for an Easter loan with Savvy is fast and 100% online, with formal approval available on the same day in most cases. Keep in mind that applying earlier in the day and having your documents at hand will better your chances of being approved quickly.
To start your application, tell us how a bit about yourself, your finances and how much you want to borrow. You can give us your contact details such as a mobile number and email address so we can get in touch with you, as well as some information about your current employment and your income.
You’ll need to provide proof of identification through our secure portal. This can come in the form of the following documents:
- A driver’s licence
- An Australian or foreign passport
- A Medicare card
- A utility bill or bank statement
- A government-issued proof of age card
- A birth certificate
Once these checks are done, you’ll receive an instant outcome on your application. If you’re approved, direct lenders will run a credit check on your application as part of the formal approval process and verify your income and expenses via a ‘read-only’ copy of your bank statements.
You’ll likely receive formal loan approval a short time after these checks should everything be successful. Your lender will email a loan contract for you to sign and return so your funds can be transferred into your nominated bank account. In most cases, this money will be available on the same day you apply, although this will depend on the speed of your application, your bank’s transfer time and whether your lender will require any further information.
How long do I have to repay an Easter loan and what are the costs?
Easter loans come with repayment term options of up to two years, with minimum periods of just 16 days. These loans don’t accrue interest in the same way as other loans, but do come with capped ongoing costs calculated based on your borrowing amount. Payday lenders also don’t charge break or early discharge fees, so if you decide to pay your loan earlier than expected, you won’t be penalised.
An establishment fee is charged when you take out an loan. This fee is capped at $400 for all loans, regardless of size. Rolling monthly fees are also charged, calculated based on your loan amount. Loans have their fees capped at 48% of your total loan amount over the course of a year.
However, there are ways to go about saving money on your loan. Opting to pay it off over a shorter term can save you important money on fees. See how repaying a $3,000 loan over a reduced period can reap bigger savings in the table below:
| Loan Amount | Term Period | Set-up Fee | Monthly Repayment | Monthly Fee | Total Cost |
|---|---|---|---|---|---|
|
$3,000 |
Nine months |
$400 |
$497.78 |
$120 |
$4,480 |
|
$3,000 |
One year |
$400 |
$403.33 |
$120 |
$4,840 |
|
$3,000 |
Two years |
$400 |
$261.67 |
$120 |
$6,280 |
Why apply for a small loan with Savvy?
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No matter the time of day or week, you can complete your small loan application with us online.
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Trusted lender panel
We're partnered with reputable Australian lenders to bring you greater peace of mind when applying for your small loan.
Frequently asked Easter loan questions
Small loans to suit your circumstances
Helpful small loan guides
Disclaimer:
The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.
For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.
Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
