Ovessa loans are super flexible with payment terms up to 10 years or as short as you need them. We offer penalty-free early repayment and a choice of weekly, fortnightly or monthly standard repayment terms. We also offer our unique “payment pause” for up to 12 months (by mutual agreement) that can help you deal with the ups-and-downs of your finances during your fertility treatments.

Ovessa typically loans between $5,000 and $50,000. Each application is individually reviewed based on your requirements and your ability to repay.

Ovessa family and fertility loans are specifically designed around the needs of people looking to undertake fertility treatments or dealing with the increased expense of a new baby. Our loans are loaded with features such as competitive interest rates, no penalty for early repayment and loan exits, longer loan term lengths (meaning smaller monthly payments) and loan repayment pauses for up to 12 months which you can use during maternity leave.

It’s simple! Click on the “Apply Now” button at the top of our web page and begin our fully online application process. Once completed we will review and advise you if you are successful within 2 working days of your application.

In order to complete our online application you will need to have access to your Australian government issued ID (preferably your drivers licence), a mobile phone number, a valid email address, an Australian bank account, 36 months of residential and employment history, your after tax income (plus any additional income source), the amounts that you have outstanding on any other loans or credit cards, and an idea of your average living expenses (including such things as Electricity, Gas, Rates, Telephone, Clothing and other living costs) and other outstanding loan amounts.

Within the application we will ask you questions about your employment, income and expenses in order to understand your ability to service loan repayments to Ovessa. We will also consult with a credit rating agency to access your credit score.

Absolutely! If you wish to apply for an Ovessa loan together we will take into consideration both of your incomes (and, of course, expenses) during our assessment process.

As part of our credit review process we are obliged to ensure that we know who we are lending to. Ovessa collects only the information that we need to verify your identity and credit worthiness. Ovessa uses this information as well as a number of different reputable Australian credit and personal identification companies to ensure it is you we are lending to. Ovessa, its employees, partners and contractors are bound by the regulations provided by ASIC and APRA.

As part of Ovessa’s credit check process we undertake a credit score review. We do this to ensure the suitability of our loan to your financial needs and status. Ovessa utilises the Experian credit score system to help assess our ability to lend to you. More information about the Experian credit assessment system can be found on the Experian website (https://www.experian.com.au/experian-credit-scores). We are unable to directly provide to you your personal credit score but there are a number of credit ratings agencies that can provide you with your free personal credit score.

Yes. Being self employed or in part-time employment does not automatically exclude you from borrowing from Ovessa. Like all applicants we will assess your ability to repay using our models and based on your credit history, current outstanding debts, income and living expenses.