It's easier to apply for a loan through Zagga - the online application and assessment process is simple, transparent and fast.
Provided all required documentation is provided upfront and in a timely manner, we can process your application and provide you with an answer promptly.
The more information you supply, the quicker our response will be.
Understand the trends shaping the lendng environment to date, and the impact on all market participants.
Risk-based interest rates
We don't believe in one size fits all and we don't believe in all borrowers paying the same rate. Because of this, interest rates differ from borrower to borrower, and loan to loan depending on a credit score.
The Zagga Credit Assessment Score is an alpha + numeric grading system that we assign to borrowers based on the loan specifics and the information they have provided – the better the credit history, the better the credit score and the better the interest rate on the loan. If the credit history is not perfect, or the loan to security value ratio (LVR) on the loan is higher, the credit score will reflect this, resulting in a higher interest rate to meet the higher risk.
This is just one way we bring transparency and equity to lending.
The Zagga borrowing process
Click the Join button below to access Zagga’s marketplace platform and open the door to a new class of investment possibilities.