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Cashfirst Personal Loans

Financing solutions for you, even if your credit history is less than perfect.


Cash First Loans

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Important Information

Cashfirst is able to approve loans of up to $15,000 for a period as long as 5 years. Cashfirst is a lender that offers personal loans, and specialises in lending to people who may not have been approved by the banks. While payday lenders may be able to offer you loans that can tide you over until your next payday Cashfirst can help you if you are in need of a personal loan, but are being held back by negative marks on your credit file, then you might want to consider Cashfirst.

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. Find out more here:

⚠️ 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.

Data indicated here is updated regularly
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Cashfirst Unsecured Personal Loan
Cashfirst Unsecured Personal Loan
16.99% (fixed)
Up to 5 years
$50 (loan establishment fee)
Apply online for a loan today - all borrower types are considered. Min income $20k per year.
Cashfirst Secured Personal Loan
From 15.95% (variable)
Up to 5 years
$150 ($3.40 PPSR Fee)
A secured car loan offer with options for bad credit borrowers

Compare up to 4 providers

How do Cashfirst personal loans work?

Cashfirst offer personal loans of up to $15,000. They refer to themselves as being different from banks and other large lenders as they have more flexible eligibility criteria. Here is how their lending process works:

  • Application. Follow the secure link on this page to Cashfirst’s online application form.
  • Credit proposal. Your application will be reviewed, and if you meet the criteria then you will be provided with a credit proposal. This process will usually take 60 seconds.
  • Acceptance. Following the receipt of your application you may receive an email asking you for additional documentation. Once approved you will receive a credit proposal (contract).
  • Approval. You will need to return the signed contract and then the loan funds will be disbursed.
  • Transfer of funds. You will receive your money directly into your account.

Types of personal loans offered by Cashfirst

Cashfirst offer a personal loan that can be used for different purposes. You will be able to borrow between $1,000 and $15,000 with term up to 5 years. The loan amount can be used to finance anything you want, from home repairs to consolidating debt.

If you're looking to borrow more, you can consider Cashfirst's Bad Credit Secured Car Loan, where you're able to borrow up to $15,000 to purchase a car, or if you have a vehicle less than seven years old to use as security.

Features of Cashfirst Personal Loans

  • Loan amount and terms. You are able to borrow between $1,000 and $15,000 for Up to 5 years The actual amount you are approved for may differ depending on your financial situation, but you are able to select your own repayment period.
  • Turnaround time. When you will apply you will receive a response within 60 seconds and the money may be in your account within 24 hours, depending on who you bank with.
  • Repayments. You can make payments via Direct Debit, BPAY or over the phone using a debit or credit card, and you can pay off your loan early if you’re able to.
  • Loan top-up options. If you have a good payment history you can be approved for a ‘top-up’ on your loan, and the additional funds can be in your account within 24 hours.
  • Fees and rates. There is an application fee of $50 and interest rates start from 16.99% p.a.

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.

About Cashfirst

Cashfirst is a part of the Thorn Group, and as such are a part of 75 years experience in financial and commercial services. They are a Sydney-based lending company who approve loans to people Australia-wide.


Cashfirst offers more flexible lending criteria than other banks and lenders, and as such may be able to lend to you even if you have negative marks on your credit file. To be approved for a loan you will need to be over the age of 18, be employed and earn over $20,000 p.a.

How to apply

If you’d like to apply for a Cashfirst loan you can follow the secure link on this page and fill out an online application form. When you apply you will need to provide the following documents:

  • An image of your drivers license with current address showing, your passport, or your proof of age card.
  • Your Medicare card.
  • A current bank account statement showing your account name and 90 days of your transaction history.
  • Two recent payslips

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26 Responses

  1. Default Gravatar
    chantelleJune 2, 2017

    Ïcan i get a loan off 300

    • Avatarfinder Customer Care
      MayJune 2, 2017Staff

      Hi Chantelle,

      Thank you for your inquiry.

      If you are looking for a small personal loan, you may compare your options on this page. Please review the criteria and contact the lender directly to discuss your options/eligibility.


  2. Default Gravatar
    LeeMarch 19, 2017

    I want to get a newer car

    • Avatarfinder Customer Care
      MayMarch 20, 2017Staff

      Hi Lee,

      Thanks for getting in touch.

      If you’re looking for a lender that offers a car loan, you can find them on this page. Please review the criteria, details of the loan product and contact the lender directly to discuss your loan options and eligibility.


  3. Default Gravatar
    GarryDecember 17, 2016

    Have a low credit rating due the number of loans applied for i have no defaults ,no credit cards and very little assets but i have a full time position a position i have held for six plus years and i am asking can you help with a personal loan of 5000 payable each week for 12 months thanks

    • Avatarfinder Customer Care
      MayDecember 17, 2016Staff

      Hi Garry,

      Thank you for your inquiry.

      Please note that all credit applications are actually recorded, as a result, you may incur several enquiries on your credit file which can negatively affect your chances of approval. You may like to read this page for more information about credit file enquiries.

      Nonetheless, on this page, you can compare the personal loans that may be available to you. Please contact the lender and discuss your loan options with them directly.

      Hope this helps.


  4. Default Gravatar
    LenoreSeptember 4, 2016

    Can I apply for a $3000 loan if I’m on the pension. Or will I need to have an income

    • Default Gravatar
      WilliamSeptember 25, 2016

      Am I eligible for this lone

    • Avatarfinder Customer Care
      ElizabethSeptember 26, 2016Staff

      Hi William,

      To be eligible for a Cashfirst loan you will need to be over the age of 18, be employed and earn over $20,000 p.a.

      Hope this helps,


    • Avatarfinder Customer Care
      DeeSeptember 5, 2016Staff

      Hi Lenmack,

      Thanks for your question.

      Cash First accepts personal loan applications from pensioners as long as you are also employed and not be receiving Newstart or DSP.

      If you are not eligible for Cashfirst Personal Loans, you can compare other loan options on this page.


  5. Default Gravatar
    LenoreSeptember 4, 2016

    Do you do monthly payments

    • Avatarfinder Customer Care
      DeeSeptember 5, 2016Staff

      Hi Lenore,

      Thanks for your question.

      Yes, Cashfirst Personal Loans have terms of up to 60 months and allow for monthly repayments.


  6. Default Gravatar
    TraceySeptember 28, 2015

    I am on a dsp pension and only earn $755 per fortnight do u think a small loan of 2,500 with fair go finance

    • Avatarfinder Customer Care
      ElizabethSeptember 29, 2015Staff

      Hi Tracey,

      Thanks for your question.

      If your only income is from DSP Fair Go Finance is unable to approve you for a loan. If you find you aren’t eligible you can compare your other loan options on this page.

      I hope this has helped.



  7. Default Gravatar
    ArnelMay 5, 2015

    Why I cannot approve in my loan application??

    • Avatarfinder Customer Care
      ElizabethMay 5, 2015Staff

      Hi Arnel,

      Thanks for your question.

      You’ve come through to, you’ll need to get in contact with Cashfirst directly to discuss your application and approval.

      I hope this has helped.



  8. Default Gravatar
    jamieMarch 30, 2015

    i live in QLD and my medicare card is in VIC but i have never used it in my adult life, do i really need this card for proof of id ,as i have old license and current passport.

    • Avatarfinder Customer Care
      ShirleyMarch 31, 2015Staff

      Hi Jamie,

      Thanks for your question.

      CashFirst may accept other forms of suitable identification. If you would like to discuss your eligibility or options, please get in touch with CashFirst directly by clicking on ‘Go to site’.


  9. Default Gravatar
    leahMarch 14, 2015

    i am on maternity leave coming back to work first wk of april, do i still need to produce two recent payslips? i am working full time before going on maternity leave, will i still qualify?

    • Avatarfinder Customer Care
      ShirleyMarch 16, 2015Staff

      Hi Leah,

      Thanks for your question.

      You’ll need to upload 90 days of bank transactions from the bank your pay goes into. As part of their screening process, Cashfirst looks at your past cash flow patterns, not future in order to determine your eligibility.

      It may be best to wait until you’ve returned from maternity leave to apply.


  10. Default Gravatar
    RebeccaMarch 4, 2015

    Can I get loan from u while only having income from my disability pension

    • Avatarfinder Customer Care
      ShirleyMarch 4, 2015Staff

      Hi Rebecca,

      Thanks for your question.

      Unfortunately DSP applicants are not eligible. Instead, you may be interested in our no credit check personal loans page.


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