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Max Cash is no longer in operation. This information is for historical records only.
$10,000
Maximum loan amount
Next Business Day
Turnaround time
6-12 months
Term of loan
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Product Name | Max Cash Loans |
---|---|
Minimum loan amount | $1,600 |
Maximum loan amount | $10,000 |
Loan term | 6-12 months |
Turnaround time | Next Business Day |
Costs | Fees and charges will be set out and based on your credit score and worthiness. |
Available to Centrelink Borrowers? | No |
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.
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.
Whilst we don't compare this loan directly, here are some other loans that are similar.
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.
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:
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.
Please bear in mind that it is always a good idea to compare short term loans before applying.