Fast Cash Loans

Information verified correct on April 30th, 2017

Did you need cash in your account today? Lenders can offer fast processing of your application so it’s there when you need it.

We’re not always prepared when the unexpected happens. Your car might need to be repaired by tomorrow but your bank account is too low to cover it, or you might have a bill to pay even though you won’t have the money until next week. Luckily, there are fast cash solutions, and they might be available to you even if you have bad credit.

Sunshine Short Term Offer

Sunshine Short Term Offer

This is a short term loan offer with a fast and easy online application for bad credit borrowers who are employed. You can apply today to get approved for up to $2,000.

  • Loan Amount: $2,000
  • Loan Term: 9 weeks
  • Turnaround Time: 30 Minutes - conditions apply
  • Total Cost of Borrowing $100: 20% of borrowed amount + 4% of borrowed amount each month
  • Bad credit borrowers OK
  • Quick and easy Approval
  • No Credit Checks - Must be employed

    Fast cash loan options you can apply for

    Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Product Description
    Sunshine Short Term Loans
    9 weeks
    30 Minutes - conditions apply
    20% of loan amount + 4% of loan amount each month
    Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Family Business since 1999.
    Nimble Short Term Loan
    62 days to 1 year
    1 hour - conditions apply*
    20% of loan amount + 4% of loan amount each month
    Apply for a short term loan and you could borrow up to $2,000
    Ferratum Cash Loans
    Up to 6 mths
    Same Day if approved
    20% of borrowed amount + 4% of borrowed amount each month
    A small loan from Ferratum lets you borrow up to $1,900 without a credit check
    Cash Train Loans
    10 weeks or 3 months
    1 Business Day
    20% of principal amount (establishment fee) + 4% monthly charge
    Apply for a Cash Train loan and get up to $2,000 sent straight to your bank account. Fast online application

    Compare up to 4 providers

    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.

    What are your options for fast cash?

    Finding finance doesn’t have to be difficult. There is a range of different options for you to choose from:

    • Short term loans. This is one of the most common options for fast cash – it’s a short term loan that’s designed to be repaid when you receive your pay. The maximum term is usually 16 days up to six months, depending on how much you borrow, which is normally between $100 and $2,000.
    • Cash advance. While this is typically used to refer to a credit card cash advance, it can also be used to refer to a fast cash loan. It’s usually for a smaller amount or for shorter terms.
    • Overdraft. If you have a transaction account and a good history with your bank, you can have an overdraft set up to access up to a certain limit. You can usually get access to the funds on the same day.
    • Same day personal loan. Some banks offer same-day personal loans to existing customers and let you borrow in excess of $5,000.

    The 5 steps to getting a cash loan

    There are a range of fast cash options for you to choose from and apply for and many of them offer same-day turnaround. Here’s what to do to get the money you need:

    1. Find a loan you’re eligible for. They key to being approved for a loan is applying for one that you meet the minimum eligibility criteria for. Check you meet the minimum age, income, employment and residency requirements set by the lender before clicking ‘Go to Site’.
    2. See what you need to apply. Once you know you can apply, the next step is finding out how. You’ll usually need to send through personal, financial and employment details as well as documents to prove those details are correct. You may need to hand over your Internet banking details or 90 days’ worth of your banking history.
    3. Submit your online application. Most lenders’ application process, including the submission of documents, is entirely online. You may be able to submit some documents manually, but this may result in a longer review process.
    4. Wait 60 seconds for approval. Most lenders will be able to tell you if you’ve been approved or not within a minute or two. If you are approved, you can agree to your loan contract digitally or by SMS.
    5. Receive your loan and budget your repayments. If you accept your loan contract before the lender’s cut-off time, which is usually around 2pm on a business day, you can receive your loan amount on the same day. Now you need to make sure you budget your repayments and repay your loan in full and on time.

    What features come with a fast cash loan?

    Applying for a fast cash loan brings with it not only a fast turnaround, but a few other features that you can benefit from:

    • Convenient application. Apply conveniently online in just a few minutes and receive a response almost immediately. The majority of lenders won’t require you to fax any documents.
    • Direct debit repayments. If you’re worried about remembering to make your repayments, look for a lender that automatically direct debits your repayments from your bank account on the agreed upon dates.
    • Prepaid debit cards. Some lenders offer additional features with their loans, such as prepaid debit cards. You can load these cards with your own funds and also receive instant loans onto them.
    • Loan amount and terms. You can usually borrow up to $2,000, and even up to $5,000 or $10,000 with some lenders. Loan terms are generally based on the frequency at which you get paid and can be from 16 days up to a few months.

    How much do cash loans cost?

    Loans that are offered by non-traditional lenders, which excludes banks, building societies, credit unions and other Authorised Deposit-taking Institutions (ADIs) are restricted as to how much they can charge you in fees and interest. Here is a breakdown of the loan restrictions:

    Loan typeDescriptionFeesInterest
    Small amount loan
    • Loans less than $2,000
    • Terms of between 16 days and 1 year
    • Establishment fee: 20% of principal
    • Monthly fee: 4% of principal
    Medium amount loan
    • Loans of between $2,001 and $5,000
    • Terms between 16 days and two years
    • Establishment fee: $400
    Maximum 48% p.a. that does not include the establishment fee
    Large loan
    • Loans over $5,000 OR
    • Loans with terms longer than 2 years
    N/AMaximum rate of 48% p.a. that includes all fees and charges

    Are you eligible for a fast cash loan?

    • Age. You will need to be over the age of 18 to apply.
    • Residency. You’ll generally need to be a permanent Australian resident or citizen.
    • Employment and income. You do not necessarily need to be employed to be eligible for a loan but you usually need to earn a regular income.
    • Centrelink. You can be eligible for a loan if you receive Centrelink payments, but there may be restrictions as to what percentage the amount you borrow can take up of your Centrelink income. For instance, you can apply with Ferratum, but more than 50% of your total income or 20% of your repayments can't come from Centrelink.

    How you can apply

    Before clicking ‘Go to Site’ for the lender you want to apply with, make sure you meet their eligibility criteria. You can find this on the review page. The loan application requirements will depend on the lender you apply with, but generally you will need:

    • Personal details. Your name, contact information and proof of your identity.
    • Financials. Your income, debts, assets and 90 days’ worth of your bank statements. Your Internet banking details may be required.
    • Employment. The name and contact details of your employer as well as the details of your employment.
    • Centrelink benefits. If you receive Centrelink benefits, you will need to list the type of payment you receive, how much you receive and how often.
    • Loan details. How much you are looking to borrow and for what purpose.

    How quickly do you need your loan? There are fast cash loan options on this page that you can compare and apply for. Make sure you check the eligibility criteria before submitting your application and only apply for the amount you need.

    Was this content helpful to you? No  Yes

    Related Posts

    Ask a Question

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
    Rates and fees mentioned in comments are correct at the time of publication.
    By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

    2 Responses to Fast Cash Loans

    1. Default Gravatar
      matimba | July 28, 2016

      can i get help with a loan for business start up funds unemployed?

      • Staff
        Elizabeth | July 29, 2016

        Hi Matimba,

        You can compare your unemployed loans options on this page but these loans are usually intended to cover short-term cash shortfalls. You may want to contact the lenders directly to explain your situation. We also have a business lending guide you can take a look at on this page.

        I hope this helps,


    Ask a question