Apply for instant cash loans online. Boost your available funds quickly, easily and pay fixed fees.
Fact checked
Fact checked
Want a fair, fast and more straightforward way to access money when you need it? At Savvy, we understand that some problems and opportunities just can’t wait. When you need an instant solution, applying for a cash loan online is convenient and practical. What’s more, borrowing a smaller amount means applications are faster, and qualification requirements are more straightforward. You can get an answer and get funded without jumping through too many hoops.
Instant cash loans are a lot simpler than many other forms of personal finance. The lenders that we work with at Savvy are all licenced and have a simple set of rules to work with, so you can apply online and typically receive an instant outcome. More Australians can access instant cash loans because lenders assess your ability to repay, rather than scrutinising your credit history.
When it comes to what you pay, online instant cash loans are clear as day. They don’t have complicated interest rates like personal loans, so it’s easy to compare cash loans and budget for repayments. Here’s how cash loans work:
So, how does that look in the real world? Let’s say you need to borrow $2,500. Costs are based solely on that amount plus how long you take to repay (with repayments made on a fortnightly basis):
| Loan: | Term: | Setup fee: | Monthly fee: | Repayments: | Total cost: |
|---|---|---|---|---|---|
|
$2,500 |
3 months |
$400 |
$100 |
$457.14 |
$3,200 |
|
$2,500 |
6 Months |
$400 |
$100 |
$269.23 |
$3,500 |
|
$2,500 |
9 Months |
$400 |
$100 |
$190 |
$3,800 |
|
$2,500 |
12 Months |
$400 |
$100 |
$157.69 |
$4,100 |
Savvy’s job is to find lenders with flexible qualification requirements that match your situation. When you need cash fast, but still want the best deal, Savvy instantly examines some of the best instant cash loans out there and directs you straight to the lender’s website without delay.
We can do through our fast, digital methods for assessing your financial situation and matching those details to the ideal lender and product from an extensive panel of loan providers. We only need to ask you a few simple questions to do that – so we can keep things simple, efficient and minimise the time it takes for you to get your funds.
Cash loans are specifically designed for the digital age and there are many lenders and options out there. Savvy offers one of the fastest ways to find an online borrowing solution, the easiest way to qualify for an instant cash loan, and provides a far better option than spending hours on the web with no certainty you’ll succeed.
No matter the time of day or week, you can complete your small loan application with us online.
You can receive an outcome in 60 seconds and, if successful, have your money sent in just one hour.
We're partnered with reputable Australian lenders to bring you greater peace of mind when applying for your small loan.
Anyone who is 18 or over and a resident or citizen of Australia can apply for a cash loan. You need a regular form of income and to demonstrate you can repay your loan without hardship. Just visit Savvy, tell us a few quick details and our sophisticated software will find your ideal lender in seconds.
Your lender will ask you to fill out a quick application form online. You can save and return to this at any time, so it’s a good idea to get started as soon as possible if you need cash loan funds fast. Once your application is complete, the lender will assess that and either ask you for further information or give you a decision quickly.
Lenders will need ID in the form of a driver’s licence or passport, for instance. If you work full-time, have at least 90 days’ worth of payslips to hand. If you receive benefits, download a Centrelink Income Statement via your MyGov account. Cash loan providers will ask to see your bank statements to verify your income has been steady for a few months. You can either grant read-only access via the web or upload copies via the lender’s application portal.
Once your cash loan is approved, the lender will send you an agreement, which you should read carefully and sign and return electronically. After the loan provider has reviewed that, they’ll arrange to transfer funds directly to the bank account you specified on your application. Depending on your bank and the lender, that can happen on either the same or next business day.
Disclaimer:
The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.
For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.
Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
