Orange Loans Review: Legit or Not?

Are you cash-strapped and looking for the best place to get a loan? Orange Loans can help you muddle through and make ends meet!

Are they legit, though? What types of loans do they offer? And what sets them apart from other loan agencies in Australia?

We address all of these questions in this brief Orange Loans review, so read on.

What this article covers:

• Is Orange Loans Safe?
• Why Choose Orange Loans
• Orange Loans Eligibility Requirements

Is Orange Loans Safe?

Firstly, let’s address the elephant in the room; is Orange Loans legit?

As you probably know, the financial sector in Australia is girdled with very stringent laws that make it virtually impossible for scammers to operate overtly and candidly.

That aside, there are many ways through which you can check whether or not a money lending agency is legit.

You can, for instance, check for an Australian Financial Services (AFS) license on the Australian Securities and Commission website (ASIC).

Another thing you can do is check the “Organisations and Business Names” register on the ASIC’s website to ensure that the agency is registered and fit for legal operation.

Last but not least, you can refer to the Better Business Bureau for reviews on different money lenders and loan agencies.

Why Choose Orange Loans

Here are a few reasons why Orange Loans offers the best quick loans in Australia compared to loans like Wallet Wizard, Cingo, and Perfect Payday:

• Quick Approval – With Orange Loans, you don’t have to wait weeks for your loan to be approved. We can pair you with a lender within only 24 hours.
• Transparent Fees – Interest rates can vary depending on the type of loan you request, but you can rest assured that there are no hidden or ongoing fees with our services.
• Repayment Flexibility – We’re pretty flexible with our repayment terms. You can repay your loan on a weekly, biweekly, or monthly basis, whichever works for you.
• Bad Credit Considered – Yes, we’re one of the few financial agencies in Australia that can help you get a loan even if you have a less-than-average credit score.
• Centrelink Payments – If you receive Centrelink payments, you can still apply for a loan with Orange Loans and get accepted if you meet the eligibility requirements.

Orange Loans Eligibility Requirements

To apply for a loan with Orange Loans, these general requirements below must be met:

• You must be an Australian resident.
• You must be over 18 years old.
• You must have an active bank account.
• You must provide some sort of ID.
• You must have a regular source of income.