$350 - $1500
- Online Loan Application
- Previous Customers Only
- No long waits
Loans maybe available to customers in full and part time employment. Loans maybe available for customers on centrelink.
A cash loan or payday loan is slightly different to a personal loan. The intention of this type of loan is to get money into your bank account fast*, which means that you can meet payments sooner rather than later. All you need to do is ensure that you the money in your bank account the next time your pay day rolls around and you can make your repayments on your loan.
Applying for a cash advance is simple. All you need to do is fill in a short application form giving some of your vital information (i.e. name, address, phone number, purpose and the amount you need to borrow). If you have been accepted (subject to an assessment of suitability and affordability)* for a loan then you will need to fill in a bit more information (i.e. where the money needs to go) accept the terms and conditions and the cash loan will be in
your bank account normally takes 1 to 3 days depending on bank processing times. Now compare this to applying for a personal loan where the application process can take a number of weeks and you will easily see how quick a personal loan is to apply for.
The main difference between a cash loan and a personal loan is the amount of money that you are able to apply for. A standard loan often provides a lot more money, although of course you will be spending a lot of time waiting for it. A cash advance is designed to provide you with money when you need it the most, hence the amount of money that you can borrow is considerably smaller, although most cash advance companies will be able to lend up to $1,500 in cash within 1 to 3 days depending on bank processing times.
* (responsible lenders are required to make reasonable enquiries to the financial situation of the customer, reasonable enquiries as to the customer’s requirements and objectives (loan purpose) and reasonable steps to verify the financial situation. 90 day’s bank statements are usually required and can be supplied electronically)