Fast Cash Loans No Credit Check Australia

Are you in need of fast cash? Get approved quick by applying through Savvy.
Apply in less than 10 minutes.

Last updated on July 8th, 2022 at 10:30 am by Cate Cook

Need cash fast? Explore your options today with Savvy

Life can be unpredictable, and sometimes an unexpected opportunity or expense can pop up and catch you off-guard. This is when a fast cash loan can come to the rescue to help you overcome a speedbump.  You may have an existing bad credit history or are looking for a no credit check loan, which not many reputable lenders would offer in Australia.  Savvy can help you get approved for your fast cash loan today and have the cash in your bank account on the same day.

Can I get approved for a fast cash loan with no credit check?

There’s no such thing as a legitimate fast cash loan with no credit check in Australia.  This is because lenders are obliged by responsible lending regulations to ensure their customers can comfortably handle loan repayments before approving their applications, which is why a credit check is necessary.

However, you can still get an online fast loan from $300 up to $5,000, depending on your ability to repay the loan, even if you have a bad credit history.  Savvy’s lenders are far more understanding about past mistakes and are focused on whether you can afford your instant cash loan in the present, rather than dwelling on the past.

How quickly can I get approved for a cash loan?

Getting your cash loan approved fast is easy with Savvy.  You’ll get an instant outcome when you apply and receive formal approval within just one hour of submitting your application.  If your lender requires further information, you’ll be contacted by phone or email and asked to provide specific documents or details.  This can delay the approval of your loan slightly but it’s a very normal step in the process, as they may just need one or two more details to paint a full picture of your financial situation.  You must have an Australian bank account to receive your loan and you must be at least 18 years old.  Overall, in terms of qualification, it’s easy to get the cash you need.

How do I apply for a fast cash loan?

There are just three simple steps to having that same day cash loan in your pocket before you know it, which are:

  1. Get the ID documents and details you’ll need ready in advance. Follow the prompts and the application process should take less than 10 minutes. Once you’ve submitted your application, you’ll receive an instant outcome. 
  2. The lender will then look at your application and contact you if further documents are required. Once this check is complete, you can be formally approved and you’ll receive your loan documents to sign online.  Follow the instructions to sign your loan documents after you’ve read them to check all details are correct.  This is an important document as it will tell you what your repayments will be and when they are due.  You’ll have the choice as to when you make your repayments: either weekly, fortnightly or monthly.
  3. Once you’ve returned your loan contract, the funds will be transferred to you and, in most cases, will be accessible on the same day you apply.  It’s quick and simple to apply with Savvy and our partnered lenders are standing by to help you get your money right now.

What information will I need to apply for my fast cash loan?

To apply for your cash loan, you’ll need to have the following information handy:

  • 100 points of ID – including a document with your signature and a photo. This can be your passport and driver’s licence, or if you don’t have a passport available, your driver’s licence, Medicare card and a credit or debit card will be acceptable
  • your bank account details – you’ll need to provide the lender with digital access to your bank statements so they can check your income and be assured you’re able to pay back your loan
  • MyGov details – if you’re a Centrelink customer or receive any pensions which form part of your income, you’ll need to provide your MyGov details so your payments can be verified

More questions about fast cash loans

What will my fast payday loan cost?

The establishment fee that can be charged when repaying your cash from a payday loan are capped at 20% of the loan amount if you’re borrowing under $2,000, or $400 if your loan request is above that.  Monthly fees are a maximum of 4% of the loan up to a maximum of 48% per year for a loan over $2,000.  You won’t need any money for fees upfront; they’re paid back over your loan period on top of your original loan sum. 

For example, if you’re after a $600 loan to be paid back over four months, the establishment fee would be $120 and the monthly fee would be $24.  This means you’d repay a total of $816 over those four months, with nine fortnightly payments of $90.67.

How long will I have to pay back my fast cash loan?

The time you’ll have to repay your emergency cash loan is:

  • up to a year for loans from $300 to $2,000
  • up to two years for loans from $2,001 to $5,000


Of course, you could save yourself hundreds on monthly fees if you pay back your loan sooner, so it’s worth paying back your loan as quickly as you can to reduce the cost.

Can I get approved for a fast cash loan if I’m unemployed?

Yes – being unemployed won’t stop you from getting approved for a loan today, as long as you’ve had a consistent income for three months.  This income can include Centrelink benefits or a disability pension. Some lenders may not approve applicants with 100% of their income from government benefits, but we work with financiers who can.  When a quick credit check is carried out, the main thing the lender is looking for is that you can repay your loan.

What can I use my fast cash loan for?

You can use your cash loan for emergency situations such as car repairs, appliance replacement and urgent house repairs.  Emergency medical or veterinary bills can also pop up out of the blue, meaning it’s tough to get through until the next pay day.  There are very few limits as to what you can use your loan for, although if you have a history of payments to gambling sites you will not be approved for a payday loan, and you can’t use instant loans to pay for gambling debts either.