K24 Short Term Loans

Take advantage of a quick and simple application process for a short term loan with K24.

K24 is no longer accepting applications

While you can no longer apply for a K24 loan, you can compare your other payday loan options using the comparison table below. If you have an existing K24 loan please visit the K24 website for details on how to pay out your loan.

While money makes the world goes round, it can also stop your world dead in its tracks if you run out of it. What would you to do if you were hit with an emergency expense and you still had a few weeks, or even a month, until payday? Would you be able to pay for it? Unfortunately, the answer for a lot of Australians would be no. And while there are a lot of different credit options out there, they can’t always be accessed by those with bad credit, or on a lower income, or by those who receive some sort of Centrelink benefits.

If you find yourself in this situation, you might want to consider a short term loan from K24. They provide loans to Australians who may not be approved by banks and other lenders. If you’re in need if a short term credit solution, then take a look and see if K24 might be for you.

Alternative short term loan options

Updated January 22nd, 2019
Name Product Maximum Loan Amount Term of Loan Cash Deposited In Costs Fortnightly Repayment (for $1500 Loan)
9-15 weeks
30 minutes - conditions apply
20% of loan amount + 4% of loan amount each month
A small loan up to $2,000 that you repay over 9-15 weeks. Loans approved and funded in as little as 30 minutes. Centrelink must not be your primary income
Up to 2 years
3 hours - conditions apply
Apply for up to $2,000 and be able to access your approved loan as a convenient line of credit.
62 days to 1 year
1 hour - conditions apply
20% of loan amount + 4% of loan amount each month
A loan up to $2,000 with terms up to 62 days to 1 year. Centrelink cannot be your primary source of income.
6-12 months
Same day - conditions apply
20% of loan amount establishment fee + 4% of loan amount monthly.
Credit24 offers this loan up to $2,000 and gives you 12 months to repay.
3-12 months
1 business day
Establishment fee from 10% of loan amount + monthly fee from 2%
A small loan between $500 and $2,000 that can be funded in 24 hours.
6 to 12 months
20% of loan amount + 4% of loan amount each month
A short-term loan from $500 that you can have up to 12 months to repay. All credit histories considered.

Compare up to 4 providers

How do K24 Short Term Loans work?

  • Loan amount terms. The first step in the process involves you selecting how much you want to borrow and for how long. The maximum you’ll be able to borrow the first time you take out a loan is $600, but you may be able to borrow more the next time you borrow. The repayment terms are for between 16-30 days.
  • Register and confirm your details. This step involves you providing your personal information so it can be scored by the K24 10,000 point data scoring system. You will also need to provide your bank account details so they are able to access a ‘read only’ copy of your account to determine your eligibility to receive a loan.
  • You will receive your loan amount. Once approved, you will receive your loan amount into your bank account within 24-48 hours. The time it takes will depend on the bank you are with.
  • Repayments. Your repayments will be direct debited out of your account from your account on the agreed-upon repayment dates. You also have the option of paying your loan early if you’re able to.


When you take out a short term loan with K24 the following fees will apply:

  • You will be charged 20% of the principal amount as a loan establishment fee.
  • You will be charged 4% of the principal amount as a monthly fee.
  • If your direct debit is dishonoured you will be charged $35.
  • If your loan is overdue by six days you will be charged $60.
  • If your loan is overdue by 15 days you will be charged a further $90.

Things to consider

Before you take out a short term loan you should consider your ability to make the repayments. As the fees are set out on the website you can work out how much your repayments will be and whether they will be manageable on your budget. You may also want to consider whether you need the loan, and whether you might benefit from accessing any other types of finance. These type of loans should not be considered a solution to longer term financial problems, but rather to cover short term needs. If you find yourself in need of these type of loans often you may need to speak to a financial advisor.


To be eligible for a short term loan from K24 you will need to meet the following criteria:

  • Be over the age of 18
  • Have a valid Australian Medicare number
  • Have a current valid residential address in Australia
  • Receive your primary income from a source outside of Centrelink payments

How to apply

To apply for a loan with K24 you can follow the secure link on this page to fill out their online application form. After you provide your bank account details and personal information you will receive a response within 15 minutes as to whether or not you’ve been approved.

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12 Responses

  1. Default Gravatar
    AnthonyAugust 11, 2015

    I’ve had loans from you before I want to borrow $900 when would I get the money today or tomorrow it seems your webpage is down at the moment when will it be up

    • finder Customer Care
      ElizabethAugust 11, 2015Staff

      Hi Anthony,

      Thanks for your question.

      You’ve come through to finder.com.au, a financial comparison service and not K24. If you’d like to apply with K24 you’ll need to get in contact with them directly or wait until their website comes back up – you can also compare your other loan options here.

      I hope this has helped.



  2. Default Gravatar
    GaganMarch 29, 2015

    Now am able to see my accont opened but where should i see my approved loan amount. please help


    • finder Customer Care
      ShirleyMarch 30, 2015Staff

      Hi Gagan,

      Thanks for your question.

      Please speak to a member of the customer service team at K24, they will able to fix this internally for you.


  3. Default Gravatar
    JordanaDecember 20, 2014

    Just enquiring about the progress of my loan.
    Regards Jordana

    • finder Customer Care
      ShirleyDecember 22, 2014Staff

      Hi Jordana,

      Thanks for your question.

      Please note that if you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. Please get in touch with K24 directly to enquire about the status of your loan.


  4. Default Gravatar
    MichekeNovember 24, 2014

    Why is so hard to get through on the phone with K24

    • finder Customer Care
      ShirleyNovember 24, 2014Staff

      Hi Micheke,

      Thanks for your question.

      Unfortunately we can not speak for K24, you may want to try contacting them through email instead.


  5. Default Gravatar
    frsnkOctober 31, 2014

    is a fee charged for an application even if it is unsuccessful

    • finder Customer Care
      ShirleyOctober 31, 2014Staff

      Hi Frank,

      Thanks for your question.

      No, the fee isn’t charged if you’re not successful in your application.


  6. Default Gravatar
    SandyOctober 9, 2014

    I’ve applied for a loan but having trouble finalising. Call me. Thank you.

    • finder Customer Care
      MattOctober 9, 2014Staff

      Hi There Sandy,

      Thanks for your comment – unfortunately you’ve come through to finder.com.au – a comparison service.

      Please contact the lender directly in regards to your application.


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