MyCashFinance Fast Loan

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Want to know if you can get up to $10,000 in five minutes? MyCashFinance offers you quick online pre-approval for large loans.

If you’re in need of a larger loan, or even a small loan of $1,600 you might expect a lengthy application process and a few days delay to receive your loan. With MyCashFinance you can apply and find out if you’ve been pre-approved in five minutes. Once you complete and submit your loan application, you can receive your loan on the same business day. Find out if you’re eligible and what features are on offer.


Maximum loan amount

Same day

Turnaround time

conditions apply

Up to 12 months

Term of loan

How can I get a Fast Loan from MyCashFinance?

The first step is checking you meet the eligibility criteria, which you can do below. If you don’t meet the minimum criteria, MyCashFinance gives you the option of applying with someone who does. Once you fill out the online form you’ll find out within five minutes if you’ve been pre-approved.

You’ll then need to send documentation so that you can be completely approved for the loan. You’ll be offered a loan amount and terms to suit your needs and budget, then once your contract is signed the loan can be processed.

Compare Other Short Term Loans

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

Updated September 19th, 2019
Name Product Maximum Loan Amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
62 days to 9 months
1 hour - conditions apply
10% of loan amount + 2% of loan amount each month
Finder Exclusive: 50% discount on the establishment fee (now 10% of loan amount) and monthly fee (now 2% of loan amount)
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
9-12 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 9-12 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.
22 - 52 weeks
Same day - conditions apply
Up to $2,000 - 20% establishment fee + 4% monthly.

Above $2,000 - $400 + from 8.7% to 48% APR
Borrow from $1,000 to $5,000 with same-day funding and no early repayment fees.
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.
up to 6 months
Same day - conditions apply
20% of borrowed amount + 4% of borrowed amount each month
Borrow what you need with loans starting from $500 and approval in minutes.
up to 12 months
Within 48 hours
20% establishment fee + 4% monthly fee
Cash Converters offers this loan from $400 that gives you up to 12 months to repay.
3 to 12 months
1 business day
10% of loan amount + 2% of loan amount each month
A small loan up to $2,000 from a lender backed by NAB. Transparent eligibility criteria and competitive costs.

Compare up to 4 providers

I want to get a Fast Loan. What features are on offer?

Before you apply for a Fast Loan it helps to know the features and benefits that are available to make sure it will suit your needs. Here is what you can expect with this loan:

  • Know if you’re eligible quickly. The pre-approval form means you’ll have a good idea if you’re approved within five minutes. According to MyCashFinance, if you’re pre-approved you’ll have an 89% chance of being completely approved.
  • Loan amount. You can borrow between $1,600 and $10,000. The amount you’re approved for will depend on how much you can afford and the market value of your assets.
  • Flexible repayments. You can make repayments weekly, fortnightly or monthly over a period of 12 months. Your repayments will be automatically direct debited from your bank account on the scheduled dates.
  • Save interest. Make extra repayments at any time and pay off your loan early to save on interest and fees.

What will I pay?

This depends on how much you borrow and what your repayment terms are. When you receive your loan contract your repayments will be set out for you to agree to before you sign.

Are you eligible to apply?

In order to be eligible you need to:

  • Own an asset. This can be a motor vehicle or a property, either of which can be financed.
  • Earn at least $500 per Week. Your income can come from wages, business income or Centrelink payments, although you will not be approved if you receive Newstart, Youth Allowance or Austudy. The income requirement does not apply if the loan will be for business purposes.
  • If you don’t meet the above requirements, you can apply with someone who does.

How you can apply for a Fast Loan from MyCashFinance

The first step to applying is filling out the pre-approval form, which will take you less than a minute. If you’re pre-approved you will continue onto the full application where you will need to submit further documents by fax or email.

You’ll be kept updated on the progress of your application, and if you’re approved you’ll be sent a contract. Once you sign the contract your loan will be transferred to your nominated bank account.

MyCashFinance offers a convenient, fast loan option that’s worth considering. Before you submit your application, compare your options and make sure you apply for the best loan available to you.

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