Bridge Payday Loan Australia offer five minute approval and helpful loans when you’re trying to solve financial problems
Bridge Payday Loan Australia offers a nationwide matching service for borrowers and lenders. The company advertises fast approvals and quick funding as standard features of their loans. They emphasise the value of these loans for managing difficult financial situations and quick access to cash when required.
Loans are made available on the classic payday loan basis to be repaid within a given pay cycle, for instance, fortnightly. Some of Bridge Payday Loan Australia’s lenders will also offer extended payment periods depending on the loan amount and other related issues, and these will be offered at the lender’s discretion.
Comparison of Payday Loans
Whilst we don't compare loans from Bridge Payday Loans, the table below contains a range of payday loans we do compare
Types of personal loans from Bridge Payday Loans Australia
Bridge Payday Loan Australia loans offer standard payday loans. These loans are suitable for a wide range of financial management issues. Typical uses include paying bills, rent, groceries, managing the impacts of unexpected expenses, and as general fixes for short term money problems.
Bridge Payday Loan Australia offers its loans specifically to help people who are caught short. They engage in responsible lending, emphasising the value of the loans as financial assistance for those who need it. Bridge Payday Loan Australia’s ‘We’re here to help’ approach shows borrowers there are a multitude of way to deal with financial issues, and one of them is a payday loan.
Features and benefits of a Bridge Payday Loan Australia personal loan
Bridge Payday Loan Australia offers only standard payday loans, but with multiple additional features which will interest borrowers regarding repayment and loan renewal scenarios.
Automatic repayment deductions on the due date. As the description suggests, the loan operates on an automatic basis after the due date if not paid in full at that time. Depending on the lender’s instructions, this simply maintains the loan process. This is a fairly common process if a loan isn’t repaid on time but lenders are happy to allow the loan to proceed on this basis.
Loan renewal. This is an option to renew the loan and pay relevant fees and charges determined by the lender. Another useful no-fuss option for borrowers and lenders, the loan continues on the same basis, with a fee structure to cover loan renewal.
Loan renewal and part payment of the principal. A variation on a simple renewal, this allows borrowers to modify the size of the loan. This can be a practical way of managing loans. This is an option to help you manage your money, and is a good way of controlling outlays for borrowers.
How to apply for a personal loan from Bridge Payday Loan Australia
To apply for a loan, simply compare your options above and you’ll go to an online application form. Complete the relevant parts of the form, and provide all the information required and submit your form. Remember you can always ask if you’re not sure what information is required. Bridge Payday Loan will respond to your application as soon as possible with further instructions. On approval, the lender will send you loan documents setting out interest rates, the term of the loan, and other relevant information.
Bridge Payday Loan Australia has fewer eligibility requirements than other lenders. Applicants must be over 18 years of age, must have a regular source of income and an active bank account.There are no specific exclusions for people receiving Centrelink benefits, pensioners, or self employed people.
Bridge Payday Loan Australia has developed an efficient lending process which minimises bureaucratic processes and matches borrowers with lenders quickly. This is a realistic, practical way for borrowers to obtain access to cash advances at short notice.The company also provides a useful contact option for borrowers to explore their options and get advice regarding lending processes.
Bridge Payday Australia does not guarantee acceptance of applications, and instead base approvals on individual applications. Interest rates vary between lenders, as do the terms of loans. A loan application may be approved by some lenders but declined by others, based on the ability to repay different amounts over different times.
Bridge Payday Loan Australia explains the borrowing process for applicants. Borrowers are given information regarding the application and loans processes. Online advice provided by Bridge Payday Loan Australia also includes the required notices to borrowers regarding responsible lending, clearly advising borrowers of the need to borrow according to their means.