With energy prices rising, switch to a cheaper plan
Compare Prices Now

Max Cash Loans

Borrow up to $10,000, even if you have bad credit. Interest rates depend on credit score, and are likely to be high.

Max Cash is no longer in operation. This information is for historical records only. Max Cash offers loans from $1,600 up to $10,000 with short terms from 6-12 months. Loan funds could be used for a variety of purposes, like paying bills or rental bonds, consolidating debts, buying a car, renovating your home, or paying medical expenses. Interest rates and fees will be set out in the loan contract and will be based on your credit score and creditworthiness. This means that while bad credit borrowers can apply, you’re likely to receive higher interest rates.

No reviews yet. Write a review


Maximum loan amount

Next Business Day

Turnaround time

6-12 months

Term of loan

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameMax Cash Loans
Minimum loan amount$1,600
Maximum loan amount$10,000
Loan term6-12 months
Turnaround timeNext Business Day
CostsFees and charges will be set out and based on your credit score and worthiness.
Available to Centrelink Borrowers?No
  • Max Cash is no longer in operation. The information on this page has been kept for the benefit of those who are interested.

Are you struggling financially?

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.

⚠️ 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 do Max Cash Loans work?

You have to start by completing an online application, and you can apply for any amount in between $1,600 and $10,000. The online application takes around five minutes to complete, and once you submit the application, you receive a response almost immediately. If Max Cash approves your loan, it will discuss suitable repayment options with you and present you with a loan contract in accordance. The loan term can vary between six and 12 months.

Go through the terms and conditions in the loan contract and sign the documents digitally if you find them acceptable. Once you accept the contract, Max Cash transfers the approved funds into your bank account.

After receiving your funds you have to start making repayments as per the repayment plan until you repay the loan completely.

Other cash loans you can apply for.

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

1 - 5 of 5
Name Product Maximum loan amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Sunshine Short Term Loans
9-14 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 9-14 weeks. Loans approved and funded in as little as 30 minutes. Centrelink must not be your primary income
Nimble Small Loan
62 days to 9 months
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 9 months. Centrelink cannot be your primary source of income.
Safe Financial Small Loan
22 - 52 weeks
Same day - conditions apply
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
Borrow from $1,000 to $5,000 with same-day funding and no early repayment fees.
Fair Go Finance Small Loan
1 to 12 months
24 to 48 hours
Establishment Fee of $18 – $400
A small loan between $300 and $2,000 that can be funded in 24 hours.
Jacaranda Finance Personal Loan
9 to 24 months
Under 1 hour - conditions apply
$249 - $990 depending on credit
Borrow up to $15,000 and get access to your funds in as little as 1 hour.

Compare up to 4 providers

Features of a loan from Max Cash

Max Cash Loans come with various features, and knowing of them ahead of time can only help, so here’s what you can expect.
  • Quick and easy application process. The online application process to get a Max Cash loan is easy and takes little time. Compared to more conventional lenders, Max Cash does not require you to complete multiple forms and you don’t have to sit through in-person interviews.
  • Flexibility in loan amount. A number of payday loan providers have low maximums when it comes to how much you can borrow, but with Max Cash you can look forward to borrowing up to $10,000. The minimum you can borrow is $1,600.
  • Loan term flexibility. The loan term can have a significant effect on your repayment size, and since these loans come with loan terms between 6-12 months, you can select a loan term to suit your budget.
  • Bad credit considered. While many mainstream lenders don’t consider applications from individuals who have poor credit, this is not the case with Max Cash. You can apply for this loan with bad credit as long as you meet the eligibility criteria and have the ability to repay your loan.

What are the risks of payday loans?

  • Unaffordable repayments. Payday loans are an expensive way to borrow money and should only be used as a last resort. Check the size of each repayment and ensure you will be able to pay it on time. Unaffordable repayments can lead to late fees that will only make things worse.
  • High rates and fees. Rates and fees on payday loans are high but there are rules in place so be sure to check your lender is not charging you more than ASIC allows. Also, look at what you would be charged if you are late on a payment or if you default on the loan altogether.
  • Unreputable lenders. All Australian lenders should be accredited by ASIC. Check for a credit licence on the ASIC Register and ensure that the lender is easily contactable.
  • Impact on credit score. Every loan application shows up on credit reports. While lenders might not consider credit history, applying for lots of loans within a short period can have a negative impact on your credit score in the future.

What borrowing will cost

As with loans provided by other lenders, Max Cash Loans attract certain fees and charges. Max Cash follows a transparent fee policy, giving you a clear breakdown of all associated fees and charges upfront as part of the loan’s contract. There are no other hidden fees and charges you have to worry about.

Make sure you go through the offer document carefully before you sign it and check if you find all the fees and charges acceptable. You have the option of not accepting the loan contract if you don't find the terms and fees acceptable, and in this scenario you don’t have any obligations towards the loan or Max Cash.

How to apply for a loan from Max Cash

You have to visit the Max Cash website and complete an online application. There is certain eligibility criteria in place, and so borrowers need to be:

  • Over 18 years of age
  • Permanent Australian residents
  • Earning a steady source of income

The first step of the application process requires you to enter the desired loan amount, the purpose of the loan, what you plan to use as security, and your credit history. If you get through the pre-approval stage, you have to provide the following details.

  • Personal details like your name, date of birth, and driver’s license number
  • Your contact details
  • Employment-related information
  • Details about your income and expenses

Please bear in mind that it is always a good idea to compare short term loans before applying.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site