Quick Cash
You could get approved for a personal loan in 20 minutes. If you’re looking for instant cash, there are many companies that specialise in providing quick cash loans for your urgent needs.
If you need money fast, instant cash can help.
Lenders understand that sometimes you may have limited options to borrow a small amount of money to deal with an unexpected expense.
There are solutions out there to help you meet your immediate cash needs.
Quick Cash Loans
If you need cash from $100 – $2,000 an instant cash short term loan service could suit your needs. You can apply online with a lender.
You will need to provide the following information handy when you are completing your application form online.
- Identification: Either a driver’s license or passport, or other acceptable ID cards and documents that can verify your identity.
- Bank statement: We need a statement from your bank showing your transactions for at least 30 days before the date of your application.
- Any bill addressed to you: We need any bill that was recently sent to you to your current address.
- Income verification: Please see below for more details. Income verification Before you can be approved for a quick cash loan, we need proof of your income from any source:
If you are receiving benefits, you’ll need to provider a Centrelink Statement of Income, showing your income for the next month. You can get this over the counter from Centrelink or you can ask them to fax it to the lender you apply with.
It’s common that lenders will only accept Centrelink Income Statements that are dated within the 3 days before your instant cash application.
If you are receiving any other income, you’ll need to send your latest pay slip or other evidence confirming your income.
Important information
Please read the following information about the instant cash loans that you are considering applying for:
Instant cash loans can be between $100 and $2,000, with a repayment term mandated by the government. These loans are only a short term cash service, and is not meant to be a long-term financial solution for you, so repayment terms cannot be longer than 3 months.
Once your application has been processed and approved, you will need to sign a consumer credit contract that will be prepared by the lender. You will then receive a cash payment right away. If you prefer, you’ll get the deposit the directly into your bank account.
The total amount of the quick cash loan and fees that you have to repay will be shown in your consumer credit contract. You can repay the quick cash loan by making weekly, fortnightly or monthly instalments to pay off your quick cash loan and associated fees. Early repayment is also welcome. Payments will be automatically deducted from your personal bank account. There is no application fee.
Warning
Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems
Check your options before you borrow:
- For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independant financial counsellor
- Talk to your electricity, gas, phone or water provider to work out a payment plan
- If you are on government benefits, ask for an advance payment from Centrelink: 13 17 94.
Go to www.moneysmart.gov.au – monesmart shows you how small amount loans work and suggests other options that may help you.
*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009