Apply for a $500 Online Loan Today!

$500 no credit check loans from Cash Today

 Fees & charges for
$500 loans

The fees associated with a $500 loan are a 20% establishment fee and a 4% per month fee based on the loan amount and duration of the loan term.

Second chance loans (SAAC)
Loan amounts $500
Loan term 1 – 12 months
Establishment fee 20%
Monthly fee 4%
Interest rate N/A


What You’ll Need to Qualify:

  • Stable Income: To ensure you can comfortably afford repayments, we’ll consider your income stability.
  • Affordable Repayments: We’ll analyze your current income and expenses to see if the loan amount fits comfortably within your budget.
  • Healthy Bank Statements: Your recent bank statements (typically 90 days) will help us assess your financial situation and ensure there are no disqualifying factors.

Disqualifying conditions

If you display one or more of the following loan disqualifying conditions you are not currently eligible for a Cash Today loan. 

  • Opened a personal loan in the last 90 days
  • Already has two or more payday loans under $2000
  • Bank statements in the last 90 days display transactions for online gambling
  • Bank statements show payments made to collection companies, payment arrears, or dishonours in the last 90 days
  • Bank statements show wage advances such as Wagetap, Wagepay, MyPayFast, Beforepay, in the last 90 days
  • Bankruptcy

Apply for a loan in just a few minutes, and get a fast approval decision.

How it works:

Step 1: Fill out the quick application form, selecting $500 for the loan amount.
Please note – if you select a loan amount higher than $500, a credit check will be completed.

Step 2: Authorise the 90-day online bank statement collection

Step 3: Get your loan approval decision

IMPORTANT: $500 loans are temporarily unavailable, please check back at a later date. We apologise for any inconvenience.