$4,000 Loans

In a jam? Get unstuck with an online cash loan from Savvy.

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Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on September 12th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

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$500
$50,000


Paid in 60 mins if approved*
Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on September 12th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

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.

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The features and benefits of $4,000 loans

Rapid approvals

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.

100% online

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.

Repaying a small loan

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.

Fixed $4,000 loan fees

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.

Nothing to pay up front

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.

Zero early repayment fees

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

Find more answers in Savvy’s $4,000 loan FAQs section

How much do $4,000 loans cost?

That depends on how long you borrow a same-day cash loan over. Here’s how that works in the real world:

  • Six months: $5,360 ($893.33 per month)
  • Nine months: $5,840 ($648.89)
  • 12 months: $6,320 ($526.67)
  • 15 months: $6,800 ($453.33)
  • 18 months: $7,280 ($404.44)
Can I get a payday loan from my bank?

No. Most banks tend to offer personal loans for sums greater than $5,000, repayment terms are usually longer, and qualification typically relies on having a sound credit history and other strict qualification requirements.

Can I get a no credit check loan?

Despite what you sometimes read on the internet, there is no such thing as a loan without a credit check in Australia. In fact, cash loan lenders are required by law to examine your report when you apply – they just look for different things than, say, a mortgage lender or car loan provider would.

Can I buy a car with a cash loan?

You can do pretty much anything you need with a smaller loan. You don’t need to provide security, so your borrowing isn’t tied to a specific purchase or purpose. Many Australians use a $4,000 loan for a rental bond; people also use small loans to pay for medical bills and even to use cash loans to cover the cost of Christmas.

Are small loan lenders licenced?

Yes. All credit providers in this country must hold an Australian Credit Licence (ACL) issued by the Australian Securities and Investments Commission (ASIC).

Are there any other cash loan fees?

Different lenders may charge anything between $10 and $40 for late or missed repayments.

What if I need my small personal loan funds today?

Many cash loans get approved and funded extremely fast. If you need a loan urgently, it’s a great idea to apply in the morning, have all your documents to hand, and stay by the phone once your application is submitted in case the lender needs additional information.

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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.