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$3,000
Maximum loan amount
Next Business Day
Turnaround time
4-12 months
Term of loan
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Product Name | ClearCash Loan |
---|---|
Minimum loan amount | $500 |
Maximum loan amount | $3,000 |
Loan term | 4-12 months |
Turnaround time | Next Business Day |
Costs | 47.8% APR |
Requirements | You must have a steady income - Centrelink accepted but 50% or more of your income must come from employment & be over 18. |
Available to Centrelink Borrowers? | Yes |
If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here: https://www.finder.com.au/coronavirus-financial-help
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:
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.
Borrowers are required to make repayments weekly, fortnightly or monthly, which are debited directly from the nominated account. Borrowers will also be charged an APR of 47.8% APR. As an ongoing line of credit, it will remain open until it's repaid and the borrower asks for it to be closed.
While we don't compare this loan directly, here are some other loans that are similar.
People can apply for one of these loans online but must check if they meet the eligibility requirements and have the necessary information to complete the application.
Applicants are still eligible if:
Applicants need to provide the following information as part of their application:
If customers would like to get in contact with ClearCash to discuss their account or a new cash loan, they can find their phone number located in the top right hand corner of its official website.