Cashfirst Personal Loans

Information verified correct on October 27th, 2016

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

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.

Rates last updated October 27th, 2016
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
Cashfirst Unsecured Personal Loan
Apply online for a loan today - all borrower types are considered. Min income $20k per year.
From 16.99% (fixed) 17.35% $1,000 5 years $50 (loan establishment fee) More
Cashfirst Secured Personal Loan
A secured car loan offer with options for bad credit borrowers
From 15.95% (variable) 17.04% $5,000 5 years $150 ($3.40 PPSR Fee) More

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, and can offer a quicker turnaround time. 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 dispursed.
  • 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 terms ranging from 13-60 months. 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 $25,000 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 between 13-60 months 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.

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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20 Responses to Cashfirst Personal Loans

  1. Default Gravatar
    Lenore | September 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
      William | September 25, 2016

      Am I eligible for this lone

    • Staff
      Elizabeth | September 26, 2016

      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,


    • Staff
      Anndy | September 5, 2016

      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.


  2. Default Gravatar
    Lenore | September 4, 2016

    Do you do monthly payments

    • Staff
      Anndy | September 5, 2016

      Hi Lenore,

      Thanks for your question.

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


  3. Default Gravatar
    Tracey | September 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

    • Staff
      Elizabeth | September 29, 2015

      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.



  4. Default Gravatar
    Arnel | May 5, 2015

    Why I cannot approve in my loan application??

    • Staff
      Elizabeth | May 5, 2015

      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.



  5. Default Gravatar
    jamie | March 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.

    • Staff
      Shirley | March 31, 2015

      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’.


  6. Default Gravatar
    leah | March 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?

    • Staff
      Shirley | March 16, 2015

      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.


  7. Default Gravatar
    Rebecca | March 4, 2015

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

    • Staff
      Shirley | March 4, 2015

      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.


  8. Default Gravatar
    RodMcF | December 23, 2014

    Considering payday advance of 900. Have 6 payments remaining of $19.58 per fortnight with Saffrock (C Convertors) old loan. Part time work of 300 – 400 week. Disability pension of 890 per fortnight. Eligible? What docs needed?

    • Staff
      Shirley | December 23, 2014

      Hi Rod,

      Thanks for your question.

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

      You’ll need an image of your drivers license with current address showing and your passport. A current bank account statement showing your account name and 90 days of your transaction history and two recent payslips.


  9. Default Gravatar
    Lesley | August 22, 2014


    I have at least a year before my bankruptcy comes of my credit file can I still apply

    • Staff
      Elizabeth | August 25, 2014

      Hi Lesley,

      Thanks for your question.

      You’re still able to apply as Cashfirst looks at applications on a case-by-case basis. Their website states “We have greater flexibility in terms of who we can approve and a lending criteria that’s easier to meet. When banks won’t approve you we are here to help.” They will look at your current financial situation and your ability to repay the loan to determine your eligibility.

      Hope this has helped.



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