Can you get guaranteed payday loans no matter what Australia wide?
No lender can offer guaranteed approval for cash loans in Australia, however we offer fast loans with an approval status within hours. Once approved you’ll get paid that same day, guaranteed. Applying takes just a few minutes.
How much do you need to borrow?
Easy Secure Application
We guarantee that your information is kept 100% confidential, with our secure application process.
Fast Results
We guarantee that if your application is submitted before 2pm AEST, our team can get you an approval decision within hours.
Same Day Payments
If approved we will deposit the money into your bank account the same evening, if your application was made before 2pm AEST.
How it works
1. Decide on the loan amount you would like
Consider the amount that you need to borrow and can afford.
2. Complete our easy online application
Click “Apply Now” to submit our simple online application form
3. Check your email inbox
Follow a few steps to activate your account with the code an password we send out to you
4. Get approved
Within hours you’ll find out if you have been approved. You can also login and check at any time
5. Get your money
Once you’re approved, we will electronically deposit the money directly into your bank account that evening if your application was made before 2pm AEST
It really is that easy!
Looking for guaranteed payday loans no matter what – Australia?
Are you searching for a fast loan with a simple online application? Also, do you want cash paid into your bank account on the same day? Cash Today loans could be just what you’ve been looking for.
Firstly, apply before 2 pm AEST. Secondly, get your approved decision for your loan within hours. Thirdly, we guarantee that we will process the bank transfer into your account that same evening (subject to approval).
We do require all applicants to meet our lending criteria. So while we can’t guarantee your loan will be approved, we can guarantee our fast response. In addition, we send you a decision on your application in just hours. Then we offer same-day payments once approved.
Do you guarantee I’ll be approved for a loan?
Cash Today does not guarantee that you will be approved for your loan. In fact, you should be wary of any lenders that make this promise.
All Australian credit providers are required to offer finance based on strict lending criteria.
We will need to see that you are:
- An adult (18 years +)
- Living in Australia
- You have regular income being paid into your bank account
- You can afford your repayments
There are other considerations in whether we will approve your application. See our FAQ’s to find out more about getting approved.
If you are unsure whether an offer for finance is legitimate you can review the requirements for lending for all credit providers.
Guaranteed payday loans no matter what Australia wide. What does this mean from Cash Today? A guarantee that we will work fast on our end. Our aim is to get the cash to you the same day, once you’ve been approved.
The Cash Today difference
Cash Today has a long track record of offering assistance to thousands of satisfied customers since 2006. You can count on Cash Today. The great service you need to deliver your cash when you need it fast. Also, applying is incredibly simple!
It takes just a few minutes for you to complete our online application form on your phone, tablet, or computer. In addition, we won’t ask you to fill out complicated paperwork or lengthy forms!
Furthermore, you’ll be provided with all the information that you need about the repayments and fees for your loan. Because we want to make it easy for you to make an informed decision that is right for you.
There’s a good reason that Cash Today has been the lender of choice for hundreds of return customers every year. We offer real service from real people.
Lastly, we understand that you are more than just your credit rating. Cash Today has options to help you get money today, whether you have bad credit, prefer a no credit check application, or are receiving Centrelink payments.
Emergency loans
Sometimes life throws you a curveball. You simply can’t plan for some things. So if you are dealing with an emergency expense that you weren’t expecting, we may be able to help.
Or, has an opportunity been presented to you, and you just can’t let it pass you by? A fast and easy online loan from Cash Today could get you the money you need, right when you need it.
At a glance
Simple loan rates & fees
See our simple rates and fees below, and then view more information about rates & fees to work out repayments and total costs for different amounts and terms .
Small loans
Up to $2000
| Small loans (SAAC) | |
| Loan amounts | $500 – $2,000 |
| Loan term | 1 – 12 months |
| Establishment fee | 20% |
| Monthly fee | 4% |
| Interest rate | N/A |
Medium loans
Up to $5,000
| Medium loans (MAAC) | |
| Loan amounts | $2,001 – $5,000 |
| Loan term | 3 – 24 months |
| Establishment fee | $400 |
| Monthly fee | $0-$18 |
| Interest rate | 19% – 48% |
Second chance loans
$500 with no credit check
| Second chance loans (SAAC) | |
| Loan amounts | $500 |
| Loan term | 1 – 12 months |
| Establishment fee | 20% |
| Monthly fee | 4% |
| Interest rate | N/A |
Larger loans
Up to $80,000
| Large loans (personal) | |
| Loan amounts | $5,001 – $80,000 |
| Loan term | 3 – 7 years |
| Establishment fee | $310-$1035 |
| Monthly fee | $0 |
| Interest rate | 7.24% – 19.99% |
*Please note that the figures shown are indicative only and may not include all fees and charges. All applications are subject to assessment.
Applying
Find out how likely you are to qualify for our lower rate loans.
Healthier financial history = access to lower loan rates
- Our competitive personal loan rates are between 7.24% – 19.99% p.a. and our urgent loans are between 19% and 48% p.a.
- The loan rate that you are offered will be dependent on your individual circumstances, loan amount, and the type of loan
- For example, a secured car loan is likely to have lower rates than an unsecured loan with a vague purpose
Great
Good chance of approved for a loan. Likely to qualify for a loan with lowest rates.
Characteristics:
- Credit score: Good (above 600)
- Stable employment or income with clear repayment affordability
- Low Debt-to-Income Ratio (well below 36%)
- Positive Savings History
- Minimal existing loans
- No disqualifying conditions.
OK
May be approved for smaller loan amounts, loan rates may be higher.
Characteristics:
- Credit score: Ok (above 400)
- Recent job changes/ gaps in employment but clear repayment affordability
- Debt-to-Income Ratio approaching 36%
- No new loans in the last 90 days
- No disqualifying conditions.
May not be suitable
Unlikely to approved for a loan over $1,000 or qualify for lower loan rates.
Characteristics:
- Credit score: Low (less than 400) or none
- May have a high debt-to-income ratio (DTI) above 36% or significant outstanding debts
- May have a history of unemployment or frequent job changes
- No disqualifying conditions.
Automatically declined
Will not be approved for a loan.
Characteristics:
- Displays one or more disqualifying conditions.
- Unable to afford repayments
- No regular income
- Risky debt-to-income ratio (DTI) above 60%
Consider improving your financial health and applying at a later date.
Am I eligible for a loan?
If you want to understand whether you are able to be approved for a loan, there are a few things to consider.
Loan requirements
- Proof of Australian residency (utility bill) and regular income
- Driver’s license 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
Credit check
Credit history
A history of responsible borrowing shows that you’ve paid your bills on time and haven’t maxed out any credit cards.
Credit score
A good credit score is a strong indicator of your creditworthiness and could mean that you are eligible for loans with lower interest rates than another applicant with a less favourable credit score.
Debt-to-income ratio (DTI)
If you have a low debt-to-income ratio (DTI) this is the best position to be in for getting approved for a loan. A great debt-to-income ratio is 3.6 (36%) or less.
The higher your debt-to-income ratio, the less likely you are to be approved. That’s because you will be making repayments on your existing debt, and have less available funds to comfortably make repayments on a new loan. A debt-to-income ratio of 6.0 (60%) or higher is considered risky for lenders.
How to calculate your debt-to-income ratio
Debt-to-income ratio = Total debt divided by total annual gross income
This can be expressed as a number or a percentage.
Resource:
Debt-to-income ratio calculator
Loan amount and purpose
The amount you’re borrowing and what you’ll be using it for can also affect your approval odds.
Generally, smaller loans for specific purposes (like a car repair) are easier to get approved for than large loans with a vague purpose.
Collateral
Some loans, especially larger loans such as home renovation loans or car loans, require collateral. This is an asset the lender can seize if you default on the loan.
Having collateral can improve your chances of getting approved, especially if your credit score isn’t perfect. In some cases it can also qualify you for lower loan rates.
Income and employment
If you have stable full time employemt with income that would allow you to comfortably repay a loan, this makes you most likely to be approved for a loan.
It is still possible to be approved for a loan with part-time employment if your regular expenses are lower and affordability can be established.
Other forms of supplementary income are also considered such as government benefits.
Your total income amount, your employment history, and any other sources of income will be taken into consideration when making an approval decision on a loan application.
Responsible lending
Understanding your individual circumstances
At Cash Today, we understand that unexpected expenses can arise. While we’re here to help you access the cash you need quickly, we’re committed to responsible lending practices. This means we take the time to assess your individual circumstances before offering a loan.
Prioritising your financial well-being
We prioritise your financial well-being and want to ensure you can comfortably manage repayments. We also offer clear and transparent loan terms so you understand the full cost upfront. If alternative solutions like payment extensions or budgeting tools can better address your situation, we’ll be happy to point you in those directions.
Lower rates reward good track records
If you can demonstrate a strong financial track record you are more likely to get approved for personal loans and qualify for lower loan rates. If your income compared to your ongoing expenses shows that you have the ability to comfortably afford higher loan repayments you may be able to get approved for higher loan amounts.
Preventing financial stress
In the event that your financial history reflects more unstable income, a poor credit rating, or a high debt-to-income ratio, your application may be declined if it is determined that repaying the loan would not be affordable and result in further financial hardship for you.
You may only be approved for smaller loan amounts with lower repayments, and you may not qualify for lower rate loans and need to carefully decide whether you are willing and able to accept paying higher rates for the loan.
Protecting your future
It’s important to note that even if you can comfortably afford repayments, your application might not be approved. This is because we assess your financial history to ensure responsible lending. We want to avoid situations where the loan could negatively impact your long-term financial health. This includes missed payments that could damage your credit score and make it harder to access future loans.
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
You should consider seeking alternative options for financial assistance, or delay applying until your 90 day financial history reflects that you are eligible to apply as well as able to comfortably afford repayments.
