I have a job and I need a loan. Can I apply?
Yes you can, if you are aged above eighteen years and are a permanent resident of Australia. Any individual satisfying this criterion can apply for the loan if they have a regular job and a fixed monthly pay that gets credited to their active bank account.
Will my bad credit history affect my chances of getting the loan?
No, we do not consider the borrower's credit background as a factor for deciding on whether the loan should be sanctioned or not. Whatever be the reason for your poor credit, your loan application will be considered just like that of anybody else's. However, it will have a bearing on the interest rate and terms agreed for repayment of the loan.
Do I have to pledge any property to get this loan?
No, these loans are unsecured loans. This means, you are not required to pledge any property or submit collaterals to avail the loans. You could be living on rent or with your parents and can still apply for the loan.
How soon can I get the loan money in my account?
As soon as your application is approved and the terms are agreeable to you, you will be asked to sign an agreement. Once the agreement is signed by both parties, you will be receiving a credit of your approved loan amount into your bank within a couple of hours or even minutes time.
Can I issue a post dated cheque for loan repayment?
Yes you can. You can issue a post dated cheque for the date that has been agreed between both parties and the lender will present your cheque in the bank on the same day. All you need to ensure is that your bank account should carry enough balance to avoid any instances of payment default.
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.