How It Works | Zoomi Money

At Zoomi Money, we're dedicated to helping individuals navigate the complex world of short-term online loans. Our platform is designed to connect borrowers with a network of lenders who can provide the financial assistance they need. But how does it work? Let's take a closer look at the process.

Step 1: Application

The process begins with a simple online application. Borrowers can fill out our quick and easy application form, providing some basic information about themselves and the loan they're seeking. This information is used to assess their eligibility for a loan and to match them with potential lenders.

Step 2: Bank Statement Upload 

​

Once you’ve completed your application, you may be asked to upload your last 90 days of bank statements via the secure bank feed site (this is a read-only screenshot and we do not have access to your bank). Please make sure you log in using your desktop banking details (not your shortened mobile app codes)

Step 3: Lender Matching

Once we've received your application and copy of your recent bank statements, we'll reach out to our panel of lenders to try to find a suitable lender for you. In the event that we can connect you with a lender, they will contact you directly (please make sure you respond to SMS's and emails). In the event that we cannot connect you with a lender at this time, you are welcome to reapply at a later date. 

Step 4: Lender Assessment

Once a lender has been matched, they'll conduct their own assessment of the borrower's creditworthiness. This may involve verifying the borrower's income, employment, and credit history.

Step 5: Approval and Funding

If the lender approves the loan, the funds will be deposited directly into the borrower's bank account. The timing of the funding will depend on the lender and the borrower's bank, but many loans are funded on the same day or next business day.

Our Efforts to Find a Lender

Zoomi Money is Australia's newest loan finder. We understand that every individual's financial situation is unique, and we'll do our best to find them a lender who can provide the financial assistance they need. Our network of lenders offers a range of loan options, from small loans to larger amounts.

Why Choose Zoomi Money?

At Zoomi Money, we're dedicated to providing a simple and efficient way for borrowers to access short-term online loans. Our platform is designed to be user-friendly and easy to navigate, and we hope to provide you with a fast response. 

Frequently Asked Questions

How long does the application process take?: The application process typically takes just a few minutes to complete.
What information do I need to provide?: You'll need to provide some basic information about yourself and the loan you're seeking.
How long does it take to get approved?: Approval times vary depending on the lender, but many applications are approved within minutes.

Get Started with Zoomi Money Today

If you're in need of a short-term online loan, Zoomi Money is here to help. Apply now and we'll attempt to match you with a lender who can provide the financial assistance you need.