Need cash immediately? Get an emergency loan with Savvy.
Fact checked
Fact checked
Life’s full of surprises and sometimes they hit your back pocket. Whether an urgent bill pops up out of the blue or your car needs fixing, you can turn to Savvy in an emergency to help you get a loan to give your budget a boost.
We partner with flexible Australian lenders who specialise in rapid turnarounds and instant decisions on applications. Get yourself out of a bind and apply with Savvy today.
If you find yourself in an emergency, getting the wheels in motion on your urgent cash loan is as easy as applying with Savvy. Our 24/7 application process is quick and straightforward, which you can complete online using your smartphone or computer.
Lenders will require you to meet a series of eligibility conditions before applying for an emergency loan. Ensure you double-check these with your particular lender, as they can occasionally vary. Eligibility requirements will generally include:
After you choose your loan amount (between $2,050 and $5,000) and how you intend to spend it, you can start your application, which shouldn’t take too long to finish. Some of the information you’ll be asked to supply include:
You’ll receive a decision immediately after you submit your initial application, after which your lender can start cross-checking the information you’ve provided (assuming the outcome is positive). They’ll review your income and expenses and conduct a quick credit check. If this runs smoothly, lenders should be able to offer you formal approval on your emergency loan.
In most cases, you’ll receive your money on the same day you apply, which is handy if you need emergency cash. You can have peace of mind that your loan funds will be in your account very soon after your approval and available for you to use.
Lenders will release your funds once you sign and return your loan contract. While your money will be paid out quickly, getting it on the same day you apply will depend on how fast your bank processes payments. Different financial institutions have different transfer times, with some taking up to one or two days to process transfers.
In some cases, lenders may require additional information or documents to complete your application. However, this is unlikely to delay the processing of your loan application by much.
If you find yourself strapped for cash on a Saturday or Sunday, there are some lenders who offer weekend loan approvals and funding. However, getting your loan funds on the weekend will still depend on your lender’s business hours, as no formal applications can be conducted when they aren’t open.
It can be frustrating when life doesn’t go as planned and you’re forced to stump up for costs you weren’t expecting. Fortunately, you can use a payday loan for a variety of emergency costs, including:
Home repairs
If a pipe in your bathroom has sprung a leak or a cricket ball has ended up through your front window, you won’t have to scrape around for money for it to be fixed if you take out a loan.
Vehicle maintenance
When your car breaks down, the cost of getting back on the road can be eye-watering. You can apply for a cash loan 24/7 and pay off the cost of getting your car fixed over time.
Medical procedures
Whether you need to get some urgent dental work done or undergo some emergency surgery, you can use a payday loan to cover the costs.
New appliances
Fridges, washing machines and other electrical household appliances are very much a part of our everyday life, so if your white goods are on the blink and need replacing, you can apply for cash today to replace them.
Vet bills
An emergency trip to the vet to treat your beloved pet can be an expensive one. Take out a small loan and don’t fret about the bill. You can stop worrying about the cost and get back to focusing on your four-legged friend.
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.
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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