Jacaranda Finance Review

Yes, Jacaranda conducts credit checks. However, they believe past mistakes shouldn't entirely define one's financial future. While a credit check is performed, decisions aren't solely based on credit scores but consider an individual's current financial situation.

Daniel Wessels has been steering Jacaranda Finance as its CEO since 2014. His entrepreneurial journey has been marked by significant contributions to the FinTech sector in Australia and internationally.

All car loan brokers have access to the same interest rate, whether that be for Wisr's secured or unsecured loan products. If you decide to apply through Driva, we can also match the rate you would receive from Wisr by going directly, regardless of the loan term. This means that if you're seeing a different comparison rate for Wisr elsewhere, it could be because other brokers are showing generic comparison rates that will be increased later in the process because of an older vehicle, your living situation, or credit score.

If you still think our comparison rate is higher than you’re seeing them elsewhere, we’re confident we’ll be able to beat it. Email us at contact@driva.com.au.

In Australia, a credit score ranging between 660 and 700 is generally considered acceptable. However, securing a loan might require a score above 800 with some lenders to avoid potential issues. Some lenders also accept lower credit scores, but may charge higher interest rates on their loans instead.

Learn: what other lenders look for when pricing your loan

Jacaranda Finance's personal loans are adaptable, with amounts up to $15,000 and tenures of 12-36 months. They're designed to cater to diverse needs, from home renovations to medical expenses. Interest rates are competitive, ranging between 18.95% and 27.00%.