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Instant Cash Loans Online

Apply for instant cash loans online. Boost your available funds quickly, easily and pay fixed fees.

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.

Want a fair, fast and more straightforward way to access money when you need it? At Savvy, we understand that some problems and opportunities just can’t wait. When you need an instant solution, applying for a cash loan online is convenient and practical. What’s more, borrowing a smaller amount means applications are faster, and qualification requirements are more straightforward. You can get an answer and get funded without jumping through too many hoops.

How does an online instant cash loan work?

Instant cash loans are a lot simpler than many other forms of personal finance. The lenders that we work with at Savvy are all licenced and have a simple set of rules to work with, so you can apply online and typically receive an instant outcome. More Australians can access instant cash loans because lenders assess your ability to repay, rather than scrutinising your credit history.

When it comes to what you pay, online instant cash loans are clear as day. They don’t have complicated interest rates like personal loans, so it’s easy to compare cash loans and budget for repayments. Here’s how cash loans work:

  • Establishment fees: capped at a maximum of $400.
  • Monthly fees: capped at 48% of your loan amount per year.

So, how does that look in the real world? Let’s say you need to borrow $2,500. Costs are based solely on that amount plus how long you take to repay (with repayments made on a fortnightly basis):

Loan: Term: Setup fee: Monthly fee: Repayments: Total cost:
$2,500
3 months
$400
$100
$457.14
$3,200
$2,500
6 Months
$400
$100
$269.23
$3,500
$2,500
9 Months
$400
$100
$190
$3,800
$2,500
12 Months
$400
$100
$157.69
$4,100

How do I get an instant cash loan that suits my profile?

Savvy’s job is to find lenders with flexible qualification requirements that match your situation. When you need cash fast, but still want the best deal, Savvy instantly examines some of the best instant cash loans out there and directs you straight to the lender’s website without delay.

We can do through our fast, digital methods for assessing your financial situation and matching those details to the ideal lender and product from an extensive panel of loan providers. We only need to ask you a few simple questions to do that – so we can keep things simple, efficient and minimise the time it takes for you to get your funds.

Cash loans are specifically designed for the digital age and there are many lenders and options out there. Savvy offers one of the fastest ways to find an online borrowing solution, the easiest way to qualify for an instant cash loan, and provides a far better option than spending hours on the web with no certainty you’ll succeed.

Why apply for a small loan with Savvy?

Explained: how to apply for an instant cash loan online

Questions about instant cash loans online? Find some answers here

How much can I borrow with instant cash loans online?

You can borrow anything between $2,050and $5,000 using an instant cash loan, subject to the lender’s approval process. The amount you can borrow is dependent on your financial situation and what the lender believes you’re capable of comfortably servicing.

How long will the whole process take?

Because qualification requirements are pretty defined, application forms are short and you can get through one in minutes. When you apply for a cash loan via Savvy, you can receive pre-approval in 60 seconds and overall approval and transferred funds within the same business day.

Can I apply for instant cash loans online with bad credit?

You can. Cash loan lenders base decisions on your ability to repay your loan. That means, if you need a bad credit cash loan or even a cash loan on Centrelink, you’ll likely qualify if you can afford repayments relatively comfortably.

Can I pay off an instant cash loan early?

Cash loan lenders charge zero fees for early repayment. So, if you find your cash flow improves during your loan term, you can contact your provider, and they’ll arrange for you to pay off the entire outstanding amount without any further repayment fees.

How do I repay instant cash loans?

One of the best things about applying for an instant cash loan online is you get flexible repayments. You can choose from weekly, fortnightly, or monthly repayments to match how you receive your income and borrow up to $5,000 and take between 16 days and two years to repay your loan.

Will my lender check my credit report?

All lenders look at your borrowing history. There’s no such thing as a no credit check loan, so it’s important not to surf around lots of different websites and shop for a cash loan by making applications. Every time you do, it leaves a mark on your credit report that lenders can see – and doing that a few different times will get your application rejected.

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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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