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Cash in 1 Hour with No Credit Checks

Can you get cash fast with past credit problems? You can with a cash loan. Apply online and receive money within the hour.

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.

$2100
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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.

If you need cash in 1 hour, there are still options available to you, even if you don’t have a great credit score. The good news is that your past borrowing history doesn’t need to affect your chances of getting a loan and applications are quick and easy when you apply via Savvy. So, how does a 1-hour cash loan work, who qualifies and can you get one with no credit check? Find the answers to your questions and read about how you can get same-day money.

Can I get cash in 1 hour with no credit checks?

No – there are no reputable lenders who can offer a loan of any type to any customer that doesn’t require a credit check. However, when it comes to needing a cash loan in 60 minutes, Australians can use cash loans. These products are designed specifically for borrowing smaller amounts over shorter periods than traditional personal loans.

Lenders do run a credit check, but it’s not the same as when you apply for a standard personal loan, for instance. When you do that, loan providers are looking for late payments, defaults, other financial misdemeanours and, most importantly, a good credit score. With a cash loan, they’re primarily checking your existing borrowing and trying to ascertain if you can afford to repay the loan you’ve applied for.

You can complete a cash loan application 100% online and have the money sent to you within the hour. Just enter a few details with Savvy: we’ll then identify your ideal lender in seconds digitally and connect you to their application portal. Savvy works by connecting borrowers with lenders that offer products that meets their needs but also, crucially, those who provide favourable qualification requirements that match their circumstances

Because of responsible lending guidelines, cash loan lenders can use sophisticated software for assessing online applications almost instantly, leading to faster loan approvals and quicker settlement.

How much can I borrow with a 1-hour cash loan and what will it cost?

You can borrow anything between $2,050 and $5,000 with a cash loan and take between sixteen days and two years to repay. The way fast cash loans work is by breaking down fees into a straightforward format that’s easy to understand and a cinch to calculate when you’re budgeting. Everything is based on a portion of what you borrow.

When you take out a cash loan online in Australia, you pay an establishment fee. Lenders never charge more than $400, so you'll pay the same amount whether your loan is $2,500 or $5,000.

Each time you make a cash loan repayment, you'll pay a monthly fee. This maxes out at 48% of your loan amount over 12 months, so what you pay will depend on the size of your loan and the length of your term.

Why apply for a small loan with Savvy?

How can I speed up my 1-hour cash loan application?

All your instant no credit check loan questions answered

Can I get a 1-hour cash loan on Centrelink?

Yes – as long as you receive regular income, your Centrelink cash loan application will be considered. Lenders like to see you get at least half your income from sources other than Centrelink, though. Whether or not you’ll be approved will depend on how much you’re applying for, your financial situation and what your lender is confident you can manage.

Can I get cash in 1 hour if I’m bankrupt?

As long as you’ve been discharged for at least 18 months, a past bankruptcy shouldn’t affect you getting your chances of getting a fast, easy cash loan online. You’ll be assessed in the same way as every other applicant, based on your current and ongoing ability to repay the loan.

Can I get a cash loan if I’ve never borrowed before?

Yes! As long as you’re over 18 and a resident or citizen of Australia, you can apply for a cash loan. Your lack of borrowing may affect how much you’re approved for, but you can still look to cash loans for a fast financial fix. Just enquire via Savvy, and our proprietary software will select a lender that fits your borrower profile – even if you have zero credit history.

What do I need to pay upfront with a cash loan?

You don’t need to pay anything up front. With a cash loan, your establishment or setup fee is added to your loan, so you pay a portion of it each time you make a repayment. There’s also no deposit or security for a cash loan.

What will I pay each week or month with a cash loan?

Let’s say you borrow $2,500 over ten months. Your setup fee will be $400, which breaks down into ten $40 amounts. You’ll pay $250 of the loan principal each month, plus your repayment fee, which would be $100. So, each repayment will be $250 + $100 + $40 = $390. Over ten months that means you’ll pay a total of $3,900.

Can my bank affect whether I receive my cash loan in 1 hour?

Yes – different banks process transfers in different ways. Some are capable of much faster transfers than others. As such, the amount of time your bank takes to process your cash loan will have a direct impact on whether you receive it in 1 hour.

How do I prove my income if I don’t have a job?

If you get Centrelink payments, you can download an income statement via your MyGov account. If you’re self-employed, the lender may ask for other documents like business accounts and tax returns, but you can also use your bank statements to prove regular, ongoing income.

Why does a one hour lender check my credit report?

Cash loan lenders aren’t really interested in historical entries like defaults and late repayments, which stay on your report for a number of years. They check to see you’re not already overly committed to borrowing and that you’ve not had problems with similar cash loans. Most lenders won’t approve your application if you already have more than one or two cash loans on the go either.

What happens when my one hour cash loan gets approved?

When your application gets approved, things move pretty quickly. The lender will send an agreement for you to read and sign electronically. Be careful to check all the details about your loan, then return the contract as soon as you can. Once the lender receives that, they’ll send money directly to your nominated bank account.

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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.

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