Money Now

Need to borrow money now? Find your ideal lender and apply for a cash loan online quickly and easily.

Money Now

Looking for a faster way to get your hands on money right now? Whether you need a loan for vet’s bills, buy a car, borrow for a holiday or even if you just want to cover the cost of Christmas, cash loans can help you bridge the gap. Find your ideal lender via Savvy, get everything done quickly via the web, and get funds in the bank right when you need them with a cash loan.

How can I apply for money when I need it now?

The fastest way to borrow money in Australia is typically by using a fast cash loan. Lenders operate almost exclusively online, so you can apply from a smartphone from anywhere and get a fast decision – usually in just a few minutes.

You can borrow anything between $300 and $5,000 with a cash loan. Most traditional personal loans cover larger amounts and take longer to arrange. Cash loans allow you access to far smaller sums when you just need to get out of a jam quickly, then take care of things with your next paycheque or over a couple or few pay cycles. That means loans for car repairs, unexpected medical bills or even rental bonds are fast to access.

Savvy works by quickly scanning dozens of cash loan lenders based on a few of your details. We’ll find you the best option according to your means, what you need to borrow and how long you’d like to take repaying the loan. The process for applying looks like this:

  • You tell us a few quick facts about yourself.
  • We instantly compare the best options from a panel of lender partners and connect you to the lender directly.
  • You’ll fill out their quick form and upload your documents via their portal.
  • The lender will make a decision within minutes.
  • They’ll send you an agreement and transfer funds to your bank account, usually within the same day and sometimes within the hour.

When I need money right now, how can I speed things up?

It’s a good question, and primarily, you should just be prepared for the process lenders need to go through to get you approved. That’s all pretty simple, so here’s a quick guide as to what you can expect:


Apply for your cash loan early:

If you need money now, applying early in the day gives the lender all the time they need to go through your details and documents, then get you approved for a cash loan fast. It’s also a great idea to look for lenders that mention fast approvals and same-day settlements, because not all loan providers operate exactly the same way. 

Have your documents ready:

Get all your paperwork together as soon as you can and make sure you’ve got good internet access. Lenders ask for the following items:

  • A copy of your driver’s licence or passport, to prove your ID.
  • Some loan providers will need to see your Medicare card for establishing your residency status. You can also use a citizenship certificate.
  • You’ll be asked for a copy of a recent utility or phone bill, to prove your address.
  • Lenders also ask for copies of payslips spanning the past ninety days.


You’ll need internet banking so lenders can use secure read-only access to check your spending and confirm your income.

Keep things realistic:

The fastest way to delay your application is by applying for too much money. Loan providers perform stringent checks on your income and spending, so if you do that, you’ll almost certainly be rejected.

Take some time to work out a budget and what you can comfortably afford, because that’s exactly how the lender will assess your application.

Stay in touch:

Remember, if there’s any confusion with your documents, bank statements, or application form, the lender will get in touch via either email or the phone. Don’t go offline or off-radar once you submit your application, stay close to the phone and check your email here and there until you get approved.

Your frequently asked cash loan questions answered

Who can apply to access money now, how much can you borrow and how quickly do you need to repay? Check out our FAQs

Am I eligible to access money now?

As a general rule of thumb, if you have some form of regular income and can afford to repay your cash loan without hardship, you’ll likely get approved for one. You can get a cash loan with bad credit, access emergency funds if you’re on Centrelink and if you’re self-employed. You’ll also need to be at least 18 years of age and a resident or citizen of Australia.

Can I top up a cash loan?

No. Cash loans offer a lot of flexibility, but that doesn’t extend to topping up a loan midterm. It’s a trade-off – these loans are quick to arrange because the structure is very defined, so lenders can’t let you extend your borrowing. To do that, more often than not, you’d need to pay down your existing loan and then take out another one. The good news is, there are no extra fees for repaying a cash loan early.

I need money now. How fast is a cash loan?

Applicants for cash loans typically get approved the same day or within a couple of hours. When you need money now, most applications can be evaluated without the need for too much documentation, phone calls, and a long wait.

How quickly do I need to repay a cash loan?

That’s largely up to you. Loans up to $2,000 can be repaid over anything between just sixteen days and a whole year. For amounts between $2,001 and $5,000, you can select up to two years to pay the money back.

Will my cash loan lender perform a credit check?

Yes – Australian laws mean lenders are required to make sure you can repay a loan without hardship. However, they don’t check your credit report in the same way other lenders do – they’re primarily looking to make sure you don’t already have too many cash loans or recent defaults. It’s worth noting that every time a lender checks your report, they leave an impression other credit providers can see. That’s why it’s essential not to make too many applications in a short time.

What happens if I make a late cash loan payment?

All lenders outline various fixed penalties for making a late repayment. They range from $10 to $30 in most cases but can vary. It’s best to only borrow within your means and try to be on time with a cash loan each month or week. The good news is that these products have consumer protection built-in. A lender can never charge you more than a total of 200% of the amount you initially borrowed in late fees across the term of any single loan.

How do cash loan fees work?

Cash loans are covered by very clear rules, so they’re a good choice if you like to know exactly what you’ll be paying from start to finish. Every fee is capped, and there’s no interest rate. All your loan charges are based on how much you borrow. With a cash loan, you’ll pay a maximum of 20% of the loan amount in setup fees – capped at $400. Borrowers also pay 4% of the original loan amount each time they make a repayment and there are zero fees for early repayment.

How do I know what my lender is charging?

Once you’re approved for a cash loan, the lender sends a detailed contract. This lists all the fees and states your obligations clearly under the agreement. Remember that you’re not committed until you’ve read, understood, signed and returned that document (usually electronically). It’s important to be sure you’re happy with all the terms before you decide to proceed. If you have any questions, you can contact the lender via their website or the phone.

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