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Apply for a bill loan through Savvy today and receive an instant outcome.
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Savvy Editorial TeamFact checked
Author
Savvy Editorial TeamFact checked
Managing your household bills can sometimes be overwhelming. Bill loans through Savvy offer a quick solution to help you ease your financial burden, whether you need it for your internet, phone, electricity, gas or any other bills eating into your budget. Apply for your bill loan through us for up to $5,000 today and receive approval and funding as soon as the same day. Don't let your expenses pile up; apply with Savvy today!
You can secure a fast emergency loan to cover your household bills through Savvy. These loans are specifically designed for quick application, approval, and fund transfer, making them ideal for addressing urgent or unexpected financial needs related to your bills.
The application process through Savvy is simplified and user-friendly. Follow these simple steps to apply for a speedy bill loan:
When it comes to covering bills, Savvy offers a versatile borrowing range, allowing you to secure any amount between $2,050 and $5,000 with your small loan, subject to meeting the required lender eligibility criteria. This flexible spectrum accommodates diverse financial needs, enabling you to choose an amount aligned with your specific bill requirements.
Factors such as credit score, income, existing liabilities, savings, and other relevant financial considerations influence your borrowing capacity. Keep in mind that the amount you can borrow may vary based on your unique financial situation. Additionally, your income must come from one or more jobs with stable pay and hours and/or eligible Centrelink payments.
Acquiring funds for your bills is a seamless process, with the potential for formal approval and fund release on the same day, potentially within one hour of application. Approval is contingent on your application meeting all necessary lender criteria and successfully passing required assessments.
It's important to recognise that the speed of your application's approval can be influenced by various factors:
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.
Yes – you can access a bill loan with bad credit, assuming your profile is approved by your lender. Traditional lenders may prioritise credit scores, but lenders offering bill loans consider various factors, including your current financial circumstances. This makes bill loans accessible even if you have bad credit.
Yes – settling your bill loan early is an option. Lenders offering loans and other quick payday advances understand that borrowers may wish to pay off their loans ahead of schedule. Doing so doesn't incur additional penalties, allowing you to save on monthly fees.
Yes – you can allocate the funds from your bill loan for various purposes beyond paying bills. If you have leftover funds and want to address other financial needs, such as buying a new laptop, you have the flexibility to decide. However, it's important to note that certain restrictions apply to the use of these funds, such as settling other small loans or engaging in activities like gambling.
Your bill loan costs consist of the establishment fee (capped at $400) and monthly fees (capped at 48% of your loan’s total value per year). The specific amount you pay will be influenced by factors like:
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.
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