While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 4 out of 5 stars

Hi im Mrs Brenda Velasquez I have full application for Shauna lee so she can receive your clearloans she also a honest person to pay a fortnight payment I be the guarantor to make sure she pays the pa... See more

Company replied

Rated 3 out of 5 stars

Everything was great, until I spoke to my mum (guarantor) who advised that the person she had spoken to over the phone was incredibly rude. Also seems to be a lot pf back and forth and over the phone... See more

Company replied

Rated 3 out of 5 stars

There was so much to do and my guarantor was not happy she had to make an online because yous refuse to take fax or email. Alit of people dont use online banking which makes it hard yous needed so muc... See more

Company replied

Rated 4 out of 5 stars

This is the second time in 2 years I’ve used clearloans. This time I had to submit the same personal details several times due to computer issues on their end. Mind you it is Xmas and everyone would b... See more

Company details

  1. Non-Bank Financial Service
  2. Financial Consultant

About ClearLoans

Information provided by various external sources

ClearLoans - Comparison Rate 43%

Decisions made by real people

ClearLoans doesn't just let computers decide if you can have a guarantor loan. The most important thing is that you have a friend or family member who trusts you enough to guarantee to make repayments if you don't, and that you can afford to repay the loan.

No Fees or Charges

ClearLoans doesn't charge fees for applying for a loan, paying your loan off early or making a late payment. The only thing you pay is the interest agreed before the loan is paid out.

A cheaper way to borrow

Our guarantor loans are around 30th of the interest rate of a payday loan and are regularly featured by price comparison sites as one of the cheapest options for anyone borrowing $3,000 - $15,000 with a low credit score.

Paying off your guarantor loan

We've thought of as many ways as possible for you to repay your guarantor loan. Regular payments are made by Direct Debit, but you can also pay by card over the phone during office hours. Interest is calculated daily so you only pay for the time you have the loan. If you pay the loan off early, you pay less than the agreed amount, even if you pay just $1 off early, you stop paying interest on that money immediately.

About ClearLoans


Contact info

3.2

Average

TrustScore 3 out of 5

941 reviews

5-star
4-star
3-star
2-star
1-star

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 4 out of 5 stars

Pretty much everything was great

Pretty much everything was great, just that it was kind of hard to understand the girl I had to speak to on the phone. Only because English must be her second language and there was a bit of a barrier. But she was lovely to speak to. And confirming my centrelink income and identification was a bit tedious. But overall fantastic experience.

October 8, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi,

Thanks for your review, we appreciate all feedback so that we can continue to make sure our customers have an excellent experience!

I'm glad to hear that you were able to provide your information for us to be confident that we were lending responsibly, and most importantly we're happy to have been able to help you out.

Kind regards,

James@ClearLoans

Rated 5 out of 5 stars

Excellent customer service

Excellent customer service, quick & thorough. Didn’t leave a thing out.
Thanks Clear Loans

September 28, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Olivia,

Thanks for your great review, we're glad to hear that you had an excellent experience!

Kind regards,

James@ClearLoans

Rated 5 out of 5 stars

I've had many issues in the past with…

I've had many issues in the past with loan applications, however this service was efficient and thorough. I got an answer and my loan payment within 24 hours. Geraldine was particularly friendly, helpful and kept me informed throughout the whole process.
I would definitely use, and have already reccommended, the service to friends and family. Thank you for a great and hassle free experience, you have certainly changed my opinion of applying for a loan online as opposed to with a bank!
Great customer service 👌 regards Leanne.

September 26, 2019
Unprompted review
Rated 4 out of 5 stars

So far I have applied for the loan just…

So far I have applied for the loan just over a week ago the only thing they where waiting for was my garentor statement. Which we have tried submitting a grand total if 28 times each time it would not submit everytime I have tried calling they sent me the same link over and over im still waiting for a resolution but nothing yet.it Is now day 8 I have also sent .numourous emails about it. And have gotten no where.
After 9 days we finally managed to get the statement sent off. Once received it was a fast process. I received funds after 3 days as it was the weekend. Helpful staff towards the end.

September 24, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Becky,

Thank you for getting in touch, as we value every customer and work hard to make sure everyone has a great experience.

Our online application steps are designed to be user-friendly, fast and most importantly ensure that every customer can easily provide any necessary documents for us to be confident that we're lending responsibly.

I'm sorry to hear of the potential issues your guarantor is having and we've reached out to them to lending a helping hand, so please ask them to stay in contact with us so we can help you both proceed with the loan application.

Kind regards,

James@ClearLoans

Rated 2 out of 5 stars

Poor

I thought the money will be available within one business day after guarantor signed up but it took more than 5days to process because all of our details were wiped out during your system update so i have to start all over again. Plus the customer service representative doesn't even know, as in zero idea what afterpay and zippay is I have to explain it thoroughly which is annoying they have no idea what sort of mode of payment are we using here in australia.

September 23, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Gus,

Thank you for your review, as we value all feedback about the loans we offer to help consider people who have been told no by other lenders because of their credit score.

We've designed our application process to be as easy as possible, as we naturally understand that customers are keen to receive their loans quickly. Even with any extra questions or checks that are absolutely necessary to ensure we're lending responsibly, our staff are equally keen to help customers provide information easily to complete the application process.

I'm glad to see that our staff helped you complete your application and that we were able to pay out your loan.

Kind regards,

James@ClearLoans

Rated 5 out of 5 stars

I really needed a car and with bad…

I really needed a car and with bad credit clear loans was able to help me achieve that! Thank you clear loans

September 20, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Matia,

Thanks for your great review, we love hearing stories like this as it shows why we're passionate about helping people who may have been declined elsewhere because of computerised credit scores rather than making a human decision based on trust.

We hope you enjoy your new car!

Kind regards,

James@ClearLoans

Rated 1 out of 5 stars

So so bad and I'm not happy cuz they…

So so bad and I'm not happy cuz they said is completely online but they wanted me to call them all the time and I did asked my guaranter more then 3 time after each time they made up new issues. Was so ridicules experience and haven't seen like this before for small amounts. I'm not happy at all

September 20, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Ibrahim,

I'm sorry to hear about what's happened, but I wanted to clear some things up for you as we value every customer and work hard to make sure everyone has a great experience.

Our online application steps are designed to be user-friendly, fast and most importantly ensure that every customer can easily provide any necessary documents for us to be confident that we're lending responsibly. I understand you're not happy, but I can't see that your guarantor has contacted us to indicate any issues with their side of the application, and we've even tried to reach them ourselves to lend a helping hand if they are having any trouble.

Please ask your guarantor to contact us back when they're free, as your application is still open and we're committed to considering applications from people who may have been declined elsewhere because of their credit score.

Kind regards,

James@ClearLoans

Rated 4 out of 5 stars

I have dealt with this company and each…

I have dealt with this company and each time I called I had this unhelpful person who made me feel like if you change the dates for the payment, we will take money from your guarantor. I only had changed it once in 1.5 years when my rego was due just so things are easier for me. Today I spoke to a person named Agnes and she was so helpful and understanding. If the company had more people like her, it would be great. The person I spoke to today before Agnes, was talking over me and was not listening to me. The rating I gave is for Agnes. Thank you for all your help, may God bless you.

September 16, 2019
Unprompted review
Rated 1 out of 5 stars

Not happy

Not happy. Done what they asked over the phone. Submitted all the extra documents but haven't heard back at all? I done it last night and still haven't received anything? Very disappointed. I needed a new phone with this loan. My current phone's battery has collapsed and I need a phone for work purposes!! Severely Disappointed

September 12, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Chris,

Thanks for getting in touch.

We understand that everyone is keen to get their loans paid out, which is why our staff are focused on delivering a great customer experience to help complete applications as quickly and smoothly as possible.

We know it can sometimes seem frustrating if we ever ask for additional information, but this is only ever requested when absolutely necessary to ensure that the loan is suitable for you, and that we're lending responsibly.

I can see that you have contacted us by email since leaving this review, so please look out for our direct response with more information to help you continue with your application.

Kind regards,

James@ClearLoans

Rated 1 out of 5 stars

The worst loans company

The worst loans company. Ridiculously high interested, and absolutely no compassion when a payment cannot be made in time even when you try to contact to reschedule a payment, inflexible when it comes to payment periods which is set at monthly, cannot be changed to weekly or fortnightly to make budgeting easier. Their loans process is highly difficult, spend hours trying to get through on the phone as they have no other means to be contacted but email which never seems to be checked, asked many times for documents which had already been sent again many times.
Beware!! Stay away!! You will regret it!!

September 12, 2019
Unprompted review
Rated 5 out of 5 stars

Best overall of 99.9% experience…

Best overall of 99.9% experience guaranteed! Thank you very much ClearLoans, really appreciate for your consideration and trustworthiness!! Definitely would go for same choice, once contract is done!

September 5, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi Dank,

Thanks for your review and we're glad to have been able to help you out!

James@ClearLoans

Rated 4 out of 5 stars

A detailed process but understandable.

A detailed loan process but understandable and appreciated for the approval given my bad credit history from a difficult time in my past. Much Appreciated

September 5, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Hi David,

Thanks for your feedback. We're committed to lending responsibly based on trust, and are happy we are able to help people who have been declined elsewhere just because of their credit score.

We're glad to have you on board!

Kind regards,

James@ClearLoans

Rated 5 out of 5 stars

No complaints at all

To be honest I was very cautious to begin with as I thought it may be too good to be true and I had seen some reviews that made me wonder...However these reservations were unnecessary as CLEARLOANS have been nothing but fantastic...Yes they have a high interest rate but all risk lenders do they are very thorough in their application screening but I found all the customer service team pleasant to deal with the money was in my guarantors bank account in the time promised so thank you for giving me a chance I strongly recommend CLEARLOANS. if I.ever need another loan quickly I will use them again any day.

September 5, 2019
Unprompted review
Rated 3 out of 5 stars

I started on the phone at 9.30am and…

I started on the phone at 9.30am and finished at 4.00pm all up was bit disorganized but all in all I'm a happy customer

September 3, 2019
Unprompted review
ClearLoans logo

Reply from ClearLoans

Dear Nigel,

Thank you for your review and I am pleased to hear that we were able to help. We appreciate your feedback about your experience!

We understand that everyone wants to receive their loan funds as quickly as possible, which is why we're determined to make the application process as quick and simple as possible, however, sometimes we do need to perform extra checks or ask questions, although these are always with good intentions and to ensure we're lending responsibly, as our customers come first!

Kind regards,

Anni@ClearLoans

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look