Abacus Finance has partnered with a wide range of banks and lenders. Fortunately, some lenders offer personal loans for non-residents in Australia. We know and understand that living in a foreign country has its own set of challenges. It can get expensive, and the cost of relocating is also not cheap.
However, not all can apply for non-resident loans in Australia. Lenders have eligibility criteria that you have to meet to be able to qualify for a non-resident loan.
Most banks and lenders might see you as a risk because there is a possibility that you may not be able to pay off your loan when your visa expires. Your visa can also get cancelled even before its expiry. This is why you will be required to meet additional eligibility requirements, and you may also have to pay a higher interest rate.