In a jam? Get unstuck with an online cash loan from Savvy.
Need to borrow some money but don’t want to get slowed down? Here’s everything you need to know about applying for a $4,000 loan and sorting out your borrowing requirements without breaking your stride.
Today’s specialised cash loan providers offer a fast-tracked online system for applications, and you can do everything you need using your smartphone, tablet, or computer at any time of the day or night. Finding the ideal lender for your goals and situation is a lot easier when you use Savvy. Just answer a few quick questions, and we’ll do the rest. Our intelligent digital matching can find the right option faster – based on your profile and lender requirements.
The features and benefits of $4,000 loans
Get pre-approved for a small loan in 60 seconds! Most cash loan applications take just a couple of hours to process, and you can start your application 24 hours a day, seven days a week. Once your loan application gets approved, loan providers transfer funds directly to your nominated bank account – which can happen the same working day.
The fastest way to find a small personal loan is online. Today’s lenders operate specialist application portals. You can fill out an application form in a few minutes, submit supporting documentation quickly, and even sign contracts and agreements digitally – all using just a smartphone or computer.
You can repay a small loan as fast as over just three months or take up to two whole years. Borrowers can also choose weekly, monthly, or even fortnightly schedules to suit their income and set up a direct debit to ensure they never forget a payment.
Fees for cash loans are set in stone and based on the amount you borrow. The establishment fee is capped at a maximum of $400, and you’ll pay no more than 48% of the amount you borrowed over the span of your loan term in monthly fees. That all means the shorter the loan term, the less a cash loan costs.
There are no upfront costs associated with a small personal loan, so you’ll pay nothing until the end of the first week or month after you apply, depending on how you structure repayments. The setup fee gets divided equally across your repayments.
Cash loans are flexible. If you need or want to repay your loan early at any point during the term, there’s no penalty or fee for doing that. The same goes if you just want to make extra repayments along the way so that you can be free of your borrowing quicker.
Why apply for a small loan with Savvy?
Apply and qualify for a $4,000 loan, plus what lenders check
Lenders use your credit report primarily to check your current credit commitments and to make sure you’ve not had trouble paying a similar loan back in the past. Every small loan lender runs a credit check, but that doesn’t automatically disqualify you if you’ve got defaults or had issues in the past.
You can still apply for a $4,000 loan with bad credit because approval doesn’t depend on your overall score, like with most other forms of borrowing.
Find more answers in Savvy’s $4,000 loan FAQs section
Helpful small loan guides
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.