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CashnGo Loans

Bria Horne
Bria Horne
Last updated:  

A guide to CashnGo's instant loans.

CashnGo provides short-term loans through ATM-like machines at various locations across NSW. New customers can access up to $600 and existing customers may be eligible for up to $950.

$2,000

Maximum loan amount

60 mins

Turnaround time

conditions apply

1 - 3 months

Term of loan

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⚠️ Warning about Borrowing

payday-warningDo 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 independent financial counsellor
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
  • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

The Government's MoneySmart website 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.

How does a loan from CashnGo work?

Prospective applicants can apply for a CashnGo Loans at one of its NSW locations. First-time customers who are currently employed may be eligible for up to $600; applicants who receive Centrelink benefits can apply for up to $300 and existing CashnGo customers can apply for up to $950.

Applicants have to provide various details, including a bank account from which CashnGo will direct debit their repayments. The maximum loan length is 8 weeks. Customers are required to pay an establishment fee of 20% and a monthly fee of 4%.

Compare other payday loans

Whilst we don't compare CashnGo Instant loan directly, here are some other loans that are similar.

Data indicated here is updated regularly
Name Product Maximum loan amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Sunshine Short Term Loans
Sunshine Short Term Loans
$2,000
9-14 weeks
30 minutes - conditions apply
$35
20% of loan amount + 4% of loan amount each month
$396
A small loan up to $2,000 that you repay over 9-14 weeks. Loans approved and funded in as little as 30 minutes.
Go to site
More Info
Nimble Short Term Loan
Nimble Short Term Loan
$2,000
62 days to 9 months
1 hour - conditions apply
$15
20% of loan amount + 4% of loan amount each month
$372
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
Go to site
More Info
Safe Financial Small Loan
Safe Financial Small Loan
$5,000
22 - 52 weeks
Same day - conditions apply
$35
Up to $2,000 - 20% establishment fee + 4% monthly.

Above $2,000 - $400 + loan management fee of up to $399 + from 8.7% to 48% APR
$396
Borrow from $1,000 to $5,000 with same-day funding and no early repayment fees.
Go to site
More Info
Fair Go Finance Small Loan
Fair Go Finance Small Loan
$2,000
3-12 months
1 business day
$35
Establishment fee 20% of loan amount + monthly fee 4%
$354
A small loan between $500 and $2,000 that can be funded in 24 hours.
Go to site
More Info
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Compare up to 4 providers

What features does a CashnGo Loans come with?

The following features come with a loan from CashnGo:

  • Loan amounts available. Customers can apply for between $100 to $2,000 and later up to $2,000 once the first loan has been paid off in full.
  • Automatic repayments. Repayments will be automatically deducted out of a nominated bank account on the day they are due. Applicants would be advised to make sure there are sufficient funds in their account before their repayment date.
  • Bad credit history and Centrelink applicants considered. CashnGo performs credit checks but will not necessarily refuse loans to applicants with bad credit records. Customers are also eligible to borrow up to $300 if they receive Centrelink benefits.

What are the risks of payday loans?

  • Unaffordable repayments. Consider the size of the regular repayments and ensure the loan is able to be repaid during the loan term. If not, extra fees apply to extend it. Be careful, since repayment periods for these kinds of loans tend to be shorter than regular loans.
  • Multiple applications. Every loan application shows up on credit reports. While lenders might not consider credit history, several applications within a short period can have a negative impact on your credit score moving forward.
  • Check rates and fees. Establishment and monthly fees are capped, so be wary of lenders quoting prices beyond the legal maximum amounts. Be crystal clear on what will be charged for late payments or a default on the loan. The total cost of the loan matters here - lenders can charge interest rates on top of everything else.
  • Long-term repercussions and legal issues. Once the loan agreement is signed, the customer is bound to its conditions until the loan and any associated rates and fees have been paid. Typically these loans are unsecured, which means that the lender can initiate legal proceedings against the customer if they can't repay.

How much will the loan cost?

Consider the following fees and charges before submitting an application:

  • Establishment fee: Successful applicants will pay a 20% establishment fee.
  • Monthly fee: This loan also includes a 4% monthly fee.
  • Late payment fees. Daily fees of $6 accrue for up to 43 days if loan customers miss their repayments. Approved applicants should get in touch with CashnGo ahead of a missed payment if they think they won't be able to make a repayment.

How to apply

To apply with CashnGo, customers need to head to a CashnGo kiosk. To find branch and kiosk locations, visit CashnGo's website. Applicants will need to meet the following eligibility criteria in order to apply:

  • Be over the age of 18
  • Earn a regular income
  • Have the ability to meet their repayments

The following documentation and information will also be required upon application. Applicants will need:

  • Their contact information
  • Details regarding their employment
  • Their income and expenses
  • A recent bank statement (from the last 60 days) that shows their BSB and account number
  • A valid photo ID
  • Two recent payslips

Frequently asked questions

How much can I borrow?

Customers can borrow up to $300 if they receive Centrelink payments as income, up to $600 if they are employed and up to $950 if they are a returning customer.

I have bad credit. Can I still apply?

CashnGo does conduct checks on their applicant's credit history, but prospective applicants may still be eligible with a bad credit history.

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22 Comments

    Default Gravatar
    Nivea
    August 22, 2019

    Really need a loan to buy furniture, got myself and 5 dependants

    Reply
      Default Gravatar
      Nikki
      August 23, 2019

      Hi Nivea,

      Thanks for getting in touch! To get started on the application for a loan with CashnGo, you need to head to a CashnGo kiosk. To find branch and kiosk locations, visit CashnGo’s website. As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps and best of luck on your application.

      Best,
      Nikki

      Reply
    Default Gravatar
    Ralph
    October 13, 2018

    Online application, where it asks what bank you bank with it doesn’t have Illawarra credit union listed. Does that mean I can’t go any further with my loan application?

    Reply
      Avatarfinder Customer Care
      Charisse
      October 13, 2018

      Hi Ralph,

      There is no specific information on their website saying that an applicant cannot proceed with their loan application if their bank is not on the list. It’s possible though, that an applicant will not be able to apply online if their bank is not on their online system because in that case, CashnGo won’t be able to verify the applicant’s bank account details.

      As an alternative, you can apply in-branch or at one of their kiosks. Before applying, please make sure that you meet all their eligibility requirements and read their loan terms to see if it suits your needs.

      It would also be better for you to contact CashnGo directly at 13 13 11 for further assistance.

      I hope this helps.

      Cheers,
      Charisse

      Reply
    Default Gravatar
    Ash
    October 9, 2018

    Are you answering phone calls today?

    Reply
      Avatarfinder Customer Care
      John
      October 9, 2018

      Hi Ash,

      Thank you for leaving a question.

      You may call Cash n Go via this number: +61 13 13 11. Operation hours is from 8am – 7pm Mon-Fri and Sat from 8am-12pm. Hope this helps!

      Cheers,
      Reggie

      Reply
    Default Gravatar
    Michael
    August 24, 2018

    Can I apply online now?

    Reply
      Avatarfinder Customer Care
      Jhez
      August 24, 2018

      Hello Michael,

      Thank you for your comment.

      Yes, so long as you meet the eligibility criteria and the requirements, you can apply online via Cash N Go website. You can also apply in-branch or at one of its kiosks.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

      Reply
    Default Gravatar
    Sharone
    July 30, 2018

    How can I apply?

    Reply
      Default Gravatar
      Nikki
      July 30, 2018

      Hi Sharone!

      Thanks for leaving a question on our page.

      It’s great to hear that you’re interested to apply at CashnGo. Before you send in an application, take note of the eligibility requirements and have all the necessary documents outlined above. Once all has been checked off, simply visit their website to apply. You may also apply in-branch or at one of their kiosks as stated above.

      Hope this was helpful! For any clarifications, feel free to message us again.

      Best regards,
      Nikki

      Reply
    Default Gravatar
    Steven
    April 19, 2018

    How do i use this app

    Reply
      Default Gravatar
      Joel
      April 19, 2018

      Hi Steven,

      Thanks for leaving a question on finder.

      Cash N Go does not have a native iOS or Mobile app. If you are looking to apply for a loan with them, we have outlined the ways in our guide above. If you still want to compare and weigh your options, you can go HERE.

      Cheers,
      Joel

      Reply
    Default Gravatar
    Simone
    April 18, 2018

    Where can I apply online for Cash N Go?

    Reply
      Avatarfinder Customer Care
      Jhez
      April 18, 2018

      Hello Simone,

      Thank you for your comment.

      Before submitting an application for Cash N Go, you need to meet the eligibility criteria indicated above. You can apply online via their website. You can also apply in-branch or at one of its kiosks. Kindly refer to the steps above. I hope this helps.

      Regards,
      Jhezelyn

      Reply
    Default Gravatar
    Paula
    April 20, 2017

    Hi there I’m wondering when my current loan would be finalised or how many payments are left I’m wanting to reapply for a larger amount over a 12 month period if able to Could I please be contacted regarding this and if I could get someone to help that would be excellent I’m just not sure of how to get those details thanks so much appreciate all the help.

    Reply
      Avatarfinder Customer Care
      Harold
      April 24, 2017

      Hi Paula,

      Thank you for your inquiry.

      Typically, Cash N Go direct debits your account on the scheduled repayment dates. Regarding your contract information to determine when would be your last payment and how much the amount left to be paid. You can always check these information with your provider. As the have the direct access to your contract details and they will be able to provide you the options that is suitable for you based on the current circumstances.

      I hope this information has helped.

      Cheers,
      Harold

      Reply
      Default Gravatar
      Anthony
      April 12, 2018

      Help me sign up doesn’t show where I can sign up.

      Reply
      Default Gravatar
      Joel
      April 12, 2018

      Hi Anthony,

      Thanks for leaving a question on finder.

      If you’re ready to apply with Cash N Go, you can submit your application online, visit a branch or head to a Cash N Go kiosk. To find branch and kiosk locations, visit Cash N Go’s website. You’ll need to meet the following eligibility criteria in order to apply:

      -Be over the age of 18
      -Earn a regular income
      -Have the ability to meet your repayments

      If you answered “yes” to each of the above, get the below documents and information ready so you can submit your application:

      -Your contact information
      -Details regarding your employment
      -Your income and expenses
      -A recent bank statement (from the last 60 days) that shows your BSB and account number
      -A valid photo ID
      -Two recent payslips

      Hope it helps.

      Cheers,
      Joel

      Reply
    Default Gravatar
    Melissa
    January 4, 2017

    Can I have two cash and go loans at once?

    Reply
      Avatarfinder Customer Care
      May
      January 4, 2017

      Hi Melissa,

      Thanks for your question.

      With Cash N Go, you will need to have your first loan repaid before you can apply for another one. After that, you can apply for between $50 to $1,000.

      Cheers,
      May

      Reply
    Default Gravatar
    WOZZA
    March 10, 2016

    I still can’t log into my cashing ACCOUNT send a password reset plz

    Reply
      Avatarfinder Customer Care
      Elizabeth
      March 10, 2016

      Hi Wozza,

      You’ve come through to finder.com.au, a financial comparison service and not Cash N Go. You can head to their website to contact them directly and receive a password reset.

      Thanks,

      Elizabeth

      Reply
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