Personal Loans Made Easy – Apply Online
Apply for a loan in minutes
Same-day approvals
Cash paid fast
At Cash Today we can match you with a lender for a fast personal loan. Apply for amounts over $5,000 and up to $80,000.
Cash Today efficiently connects loan applicants with suitable lenders through a straightforward online application. Using advanced algorithms, our system ensures a quick and tailored matching process, increasing the likelihood of loan approval based on the applicant’s specific needs and financial situation.
Weddings & events
Celebrations & functions
Medical expenses
Procedures & extras
Purchases
Furniture, electronics, white goods
Travel & leisure
Exciting experiences
Moving expenses
Bond, vehicle hire, services
Veterinarian bills
Treatment & overnight care
Emergency loans
Unexpected expenses
Approved loans are paid by instant bank transfer into your designated bank account, often the same day, depending on your bank.
What is a personal loan
A personal loan in Australia is a financial product provided by banks, credit unions, or online lenders that allows individuals to borrow a lump sum of money for various purposes, such as consolidating debts, funding a major purchase, or covering unexpected expenses.
Unlike specific-purpose loans like home loans or car loans, personal loans are unsecured, meaning they typically don’t require collateral. Borrowers repay the loan over a fixed term through regular instalments, which include both principal and interest.
The interest rates on personal loans can vary based on factors such as the borrower’s creditworthiness and the lender’s policies. Personal loans offer Australians a flexible financing option to meet their diverse financial needs, providing access to funds for endeavours ranging from home renovations to travel adventures.
Benefits of Choosing Personal Loans from Cash Today
Cash Today operates as a facilitator in the personal loan landscape, connecting individuals seeking financial assistance with a network of reputable lenders.
The process begins with a simple online application, where applicants provide necessary details about their financial situation and loan requirements.
Using advanced algorithms, Cash Today efficiently matches these applicants with lenders most suited to their needs, considering factors such as loan amount, repayment terms, and the applicant’s credit profile.
This streamlined matching process not only expedites the loan application but can also enhance the likelihood of approval by connecting borrowers with lenders who align with their financial circumstances.
By acting as a bridge between borrowers and lenders, Cash Today aims to simplify the loan-seeking journey, providing a pathway for individuals to access the funds they require with greater ease and efficiency.
How it works:
Fees & charges >>
Required documents >>
Approval >>
Getting paid >>
Repaying the loan >>
Fees & charges
The interest rate depends on the lender, the loan amount and your financial situation. You’ll see the exact rate and total cost in your loan offer before you accept.
Required
- Proof of Australian residency (utility bill) and regular income
- Driver’s licence or other identification (over 18 years of age)
- A read-only 90-day bank statement (via online bank verification)
- Credit check
- Repayment affordability can be established
- No direct debit dishonour transactions in bank statements
Getting paid
Your approval status is shown within 60 seconds, and the decision confirmed within hours. If approved, money is sent to your bank account by instant bank transfer, often the same day.
Repaying the loan
Personal loans for amounts between $5000 – $10,000, might be repaid over a duration of 3-7 years.
Ensure that you feel confident that you will be able to make your repayments before applying for a loan.
Frequently asked questions
Can I get a same day personal loan?
Approved personal loans are paid by instant bank transfer, often the same day, depending on your bank. You’ll see your approval status within 60 seconds of applying, and the lender confirms its decision within hours. It can take longer if the lender asks for extra documents, so check your email and send anything requested quickly.
Can I get a personal loan with no credit check?
No. Loans over $2,000 always involve a credit check, because the lender has to be satisfied you can afford the repayments. If you need $2,000 or less, our smaller loans don’t need a credit check.
Will applying affect my credit score?
Applying through Cash Today doesn’t put a hard enquiry on your credit file until you’re matched with a lender likely to approve you. An automatic check of your bank statements runs first, with no documents to upload. That means fewer declined applications showing on your credit file.
How much can I borrow?
Personal loans through Cash Today range from $5,001 to $80,000. For smaller amounts, choose your loan amount and we’ll match you with the right type of loan.
How long do I have to repay a personal loan?
Personal loans are repaid over 1 to 7 years. Loans of $5,000 to $10,000 are usually repaid over 3 to 7 years. Only borrow what you’re confident you can repay.
What do lenders check?
You’ll need to be over 18, an Australian resident with a regular income, and have ID such as a driver’s licence. Lenders look at 90 days of your bank statements through a secure read-only connection, run a credit check, and confirm you can afford the repayments. Dishonoured payments count against you, including a scheduled transfer between your own accounts that fails, which surprises many applicants. See what affects your chances of approval.
Why use Cash Today instead of applying to a lender directly?
One application is matched with the lender on our 60+ lender panel most likely to approve you, based on each lender’s own approval criteria. You avoid applying to lenders one by one, and the declined applications that would otherwise show on your credit file. Cash Today holds Australian Credit Licence 387137 and has been helping Australians find credit since 2006.
Before applying, please ensure that you have read the warning about borrowing, and understand our terms and conditions.