You can apply for a cash loan online when you need money now and get funds in your bank by the end of the day.
When Australians need money fast, cash loans are one of the quickest and easiest options, with lenders providing an inclusive, convenient online service. Cash loan approval is based on your ability to repay, not on how well you've managed borrowing in the past. You can do everything you need from a smartphone or computer, get a decision within the hour, and receive your money before the end of the day. Find out more about how cash loans work, and how you can get money now when you need it, here.
When you need money now, the best and fastest way to find a lender with qualification requirements and terms that suit your needs is to enquire via Savvy. We'll ask you for a few simple details, like how much you need to borrow, how long you'd ideally like to repay and information about your job, income and expenses. From there, we digitally scan our lender panel to find your ideal fit.
Once that's done, Savvy directs you straight to that lender's web portal, where you can fill out a quick application, upload documents and even sign your loan agreement. It's a great idea to dig out the documents you need as soon as you're ready to apply for a loan – but get started as soon as you find your lender. Don't forget, you can pause, save, and return to a cash loan application at any time, so it's good to get things underway as soon as possible if you'd like to receive your funds the same day.
Upon approval, the lender sends a contract for you to sign digitally and return. This is your chance to check every single detail about the product. Once you’ve sent it back, the lender will release funds via electronic transfer, so everything happens very quickly. Many borrowers receive funds on the same day and sometimes within the hour.
Cash loan fees are easy to calculate. In fact, one of the most straightforward aspects of a cash loan are the fees. There's no tricky interest rate like with other types of personal loan. Instead, cash loan lenders stick to charges that are based entirely on what you borrow.
When it comes to repaying a cash loan, your options are very flexible, and it makes everything just as simple as the fees. Cash loans can be repaid over a minimum of 16 days and a maximum of two years. You can set repayments to match your pay frequency, choosing between monthly, fortnightly, or weekly.
This can be in the form of a driver's licence or passport. If you don't have either of those, you can use a government ID card or a citizenship certificate.
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.