Viva Payday Loan

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Customers can apply for an online payday loan from anywhere in Australia and get a quote in minutes.

While payday loans are not long term financial solutions, when there are no other options available, they can help to get people through different kinds of financial situations. However, choosing the right lender can be a challenge. While it is always advisable to do your own research when it comes to comparing loans, prospective payday loan applicants can also turn to a loan matching service such as Viva Payday Loan to do the legwork for them.


Maximum loan amount

Same Day

Turnaround time

16 days to 1 year

Term of loan


Product NameViva Payday Loan
Minimum Loan Amount$200
Maximum Loan Amount$2,000
Initial Maximium Loan Amount$1,000
Arrears Fee$35
Loan Term16 days to 1 year
Turnaround timeSame Day
Costs20% of borrowed amount + 4% of borrowed amount each month
RequirementsYou must be employed full or part time (receiving holiday and sick pay), You've been employed for at least 3 months.
Available to Centrelink Borrowers?Yes

How do loans from Viva Payday Loan work?

Applicants have to meet some basic eligibility criteria to apply for a loan through Viva Payday Loan. They just need to decide how much they want to borrow and submit their application online. Whether they are successful or not, customers can usually expect to find out Viva's decision within minutes.

After Viva Payday Loan matches an application with a suitable lender customers will receive the details of the loan through the contract, which they have to accept to move forward. Once this happens, the lender will transfer the approved funds into their bank account electronically.

Compare Other Short Term Loans

Whilst we don't compare Viva Payday Loan directly, here are some other loans that are similar.

Updated February 23rd, 2020
Name Product Maximum Loan Amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Nimble Short Term Loan
62 days to 3 months
1 hour - conditions apply
15% of loan amount + 3% of loan amount each month
Finder Exclusive: 25% discount on the establishment fee (now 15%) and monthly fee (now 3%)
A loan up to $2,000 with terms up to 62 days to 3 months. Centrelink cannot be your primary source of income.
Sunshine Short Term Loans
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
Wallet Wizard Smart Loan (Up to 2K)
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.
Safe Financial Small Loan
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.
Fair Go Finance Small Loan
3-12 months
1 business day
Establishment fee from 20% of loan amount + monthly fee from 4%
A small loan between $500 and $2,000 that can be funded in 24 hours.
Speckle Small Loan
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

Features of a loan from Viva Payday Loan

People who are thinking about getting a payday loan from Viva should take some time to review the following:

  • Quick process

    Submitting an application takes around five to 10 minutes, and applicants can expect to find out about its status within two minutes. Once they accept the loan’s contract, the lender can transfer the approved funds in as little as 15 minutes.

  • Use money for any purpose

    What customers choose to do with the proceeds of the loan is up to them. Borrowers use funds for medical emergencies, paying bills, making down payments, taking vacations and getting by temporary setbacks.

  • Bad credit applicants accepted

    Poor or bad creditworthiness has a detrimental effect on a person's ability to get credit. However, in the case of financial emergencies, people with poor credit may be able to turn to Viva to get a payday loan even if their credit history isn’t perfect. In order to be eligible, applicants will be required to have a steady job and display an ability to repay the amount they wish to borrow.

  • No collateral

    Viva loans are unsecured, there's no need to provide any form of collateral.

  • Minimal groundwork

    By applying with Viva Payday Loan customers don’t have to carry out extensive research to find a suitable lender. However, making your own comparisons is still advisable.

Fees and charges

The Viva Payday Loan website gives customers a fair indication of what their loan might end up costing through its quick estimate calculator. This calculator lets applicants choose varying loan amounts and loan terms, indicating to them how much they'll have to pay as interest.

Payday loan typical fees and charges

Because Viva work with a range of lender's, it's difficult to say exactly what someone can expect to pay. Luckily, payday loans tend to follow a similar fee structure.

The interest that payday lenders in Australia charge cannot exceed 4% per month for loans of less then $2,000, but they can charge one-off loan establishment fees of 20%.

Example 1 :

If Sally borrows $200 for 31 days and the lender charges a $40 establishment fee, she'll end up repaying around $248.*

Example 2:

If Ryan borrows $500 for a month and the lender charges a $100 establishment fee, he'll have to repay around $620.*

People who don’t pay their loan off by its scheduled due date may be subject to additional fees and charges, details of which they can find in their loan contract.

*Please note that these examples are fictional.

How to apply for a payday loan from Viva Payday Loan?

Prospective applicants can click on the “Go to Site” button to apply for a payday loan through Viva, but first they should make sure that they meet the following eligibility criteria. Applicants must:

  • Be at least 18 years old
  • Be an Australian citizen, a legal resident or have a valid immigration status
  • Have a verifiable source of steady income, and not more than 50% of the total should come from Centrelink benefits
  • Have an Australian bank account that allows direct debits and credits (cases of tourists are subject to exception)


Borrowers should keep the following handy to complete the application:

  • A valid photo identification document such as a driver’s license, passport, voter ID, state license or proof of age card
  • Their Medicare card number
  • Document to verify their address which can include a utility bill, a rent deed or a house registration certificate
  • Bank statements for the last three months

Prospective payday loan applicants should make sure that they compare their options before applying to increase their chances of getting the right loan for their needs.

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