Wallet Wizard Overview & Review
Wallet Wizard is a provider of easy and fast cash.
Wallet Wizard provides fast loans with relatively minimal paperwork required. They are registered with the Australian Securities and Investment Commission (ASIC) and are a member of the Credit Ombudsmen’s Service.
Wallet Wizard is part of the Credit Corp Financial Services group. They describe themselves as an innovative lender that utilises many years of experience in the financial services industry to deliver a range of products small loan products for customers from all over Australia.
Loans Offered by Wallet Wizard
Wallet Wizard offers what it calls ‘Smart Loans’ to people in a wide variety of circumstances to suit their individual situations. A small personal loan is classed as being between $500 and $5,000.
Repayments are matched to your financial situation and debited to match your pay cycle to make things even easier. Once you’re eligible for a smart loan you can apply to access your available credit via the ‘Member’s Area’ for a quick decision: and the money is released the same day, where possible.
Eligibility for a Loan
The basic eligibility criteria include being at least 18 years old, having 3 months online bank statements, and being a citizen or permanent resident of Australia.
Credit Checks
Wallet Wizard is a responsible lender, thus, they perform a credit check. They take all of your information into account when making a decision, so if your credit history is a little shaky, don’t despair. They will also consider making you a loan if you are in receipt of centrelink benefits or a discharged bankrupt.
Wallet Wizard Interest Rates
The interest rates from Wallet Wizard seem to vary according to the amount you ask for. Their Annual Percentage Rate, APR, for new loans as of October 2021 is 47.8%. While such are not the cheapest loan rates in the market they are by no means the most expensive.
Wallet Wizard Contact Details
Despite having their physical address listed in Sydney, Wallet Wizard is purely an online business. This means that you can’t easily visit them at their address. As such, everything is done online.
The Wallet Wizard office
Phone: 1300 WALLET (1300 925 538)
Postal Address: PO Box 4475, Sydney, NSW, 2001
Location: Level 15, 201 Kent Street, Sydney NSW 2000
Office Hours: 8am – 8pm Monday to Friday
8am – 12pm Saturday
Email: hello@walletwizard.com.au
Fax: 1300 130 757
Customers from all over Australia can use this service. As long as you live permanently in the country, have a mobile number and an email address, there appear to be no geographical restrictions.
Wallet Wizard Reviews
As this is a fairly long-established business, we can see what other people are saying about them online. In general terms, reviews of their services are complimentary of them. Their own site and Twitter feed show a selection of positive comments from borrowers.
A look at some independent, online reviews shows that the majority of people are happy with the service. The customer service and the speed are generally mentioned as their strongest points. The relatively few negative reviews tend to be about specific cases which were delayed or cancelled for certain reasons.
Ideal customers
Who is most likely to turn to Wallet Wizard for a loan? For a start, it is likely to be someone who needs money quickly. Their fast turnaround and relatively low level of requirements could suit someone who needs to find money to pay an urgent bill or for some other pressing reason. However, you need to provide 3 months of online bank statements, which might not suit everyone; and a credit rating check might not be favourable.
What to do if Wallet Wizard rejects your loan application?
There are alternatives if Wallet Wizard rejects your loan application. Perhaps you might not have thought about getting a Pawn Loan instead. Pawn Loans are a great way of getting a fast cash loan without having to worry about credit checks and payslips; there are no establishment fees or repayments required for the first 3 months.
U-Pawn is one of Sydney’s leading Pawnbrokers, specialising in pawning Cars | Motorcycles | Boats and Trucks. From time to time we also pawn Heavy Machinery | Recreational Vehicles | Caravans |Trailers | Farm Equipment and even Aircraft.
Need Cash Now? … We make it simple: $$
Quick Cash loans are available from $1,000 to $50,000 – (possibly more – just ask us).
Phone Us ☎️ 1300 205 558 or fill out our Online Enquiry Form and we’ll call you with a free no-obligation quote.
Better still, we can come to you to offer a free pawn-value appraisal.
It makes sense to pawn your goods when you need to raise cash quickly. Unlike traditional lenders and banks, we are not bureaucratic and a loan can be raised in cash within a few minutes.
We’re conveniently located in Parramatta, Sydney.
To find out more just phone us or enquire online. In most cases we can give a ballpark figure by viewing photographs of the goods you would like to pawn.
A pawn loan against your car might be a viable alternative to a loan from Wallet Wizard.
