Quick Cash Loans
Need money fast?
Want between $1000 to $80,000 today?
Require a speedy application process?
Get a quick cash loan today, with same day funding on approved applications.
How much do you need to borrow?
Our competitive personal loan rates are between 7.24% – 19.99%*
1: Speedy Application
Applying for quick cash is easy and convenient. In less than 5 minutes you can apply for a Cash Today amount of up to $80.000.
2: Fast Response
Our team can approve your loan quickly. You’ll get a decision within hours of submitting an application.
3: Same Day Quick Cash
Once approved, we deposit the money into your bank account the same day for applications made before 2pm AEST.
4: Secure application
100% confidential, secure online process, for complete piece on mind.
Fast Loan Approval
Find out your best loan rate from our panel of over 60+ banks and lenders.
Check your eligibility today, with no impact on your credit score.
State of the art loan matching technology. Get the right loan for you, faster than ever.
Secure online bank statement verification for even faster approvals.
Accept your loan offer, and you could have funds in under an hour.
Quick Cash Online Loans by Cash Today
Have you been wondering how you can get quick cash in Australia? Alternatively, have you been searching for quick cash loans online? Then look no further.
There are plenty of reasons why you might need access to extra funds and need it today. Firstly, you may have received a bill that is more costly than you had budgeted for. Secondly, something unexpected could have resulted in an extra cost that you need to cover. Thirdly, a time-sensitive opportunity may have presented itself, and you want to take advantage of this.
Cash Today has been one of Australia’s leading lenders since 2006. In addition, we have payday loan options for both smaller short term loans up to $1000, SAAC loans up to $2000, MAAC loans up to $5000, or personal loans up to $80,000.
What is a quick cash loan?
You might need quick money for the weekend if you’re running a little short and your next payday is too far away. Perhaps you received an unforeseen bill that you couldn’t have planned for or a bill that was more costly than you had budgeted for. It could even be as simple as a last-minute spontaneous holiday, product purchase, or fun experience that you would like to take part in. For example, a tour, class, course, trip, seminar, workshop, getaway, item on special, or equipment upgrade.
So, whatever your reasons for needing money fast, a quick loan could help in a number of ways. Initially, you may be looking for a better alternative to charging an expense on your credit card, as you want to avoid paying high interest rates. Additionally, you could prefer to keep your financial details private and require an alternative to borrowing from family or friends. Finally, you could need a less stressful option than going without on essential items until your next pay cycle in order to cover the cost. In these situations, you might choose to consider a short term payday advance loan from Cash Today.
View our FAQ page.
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 .
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% |
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% |
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 |
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 |
*Please note that the figures shown are indicative only and may not include all fees and charges. All applications are subject to assessment.
Competitive Rate Personal Loans
Get the best rate loans from Cash Today
Emergency loans
Take the stress out of paying for unexpected expenses, with same day loans up to $5,000
Second Chance Loans
$500 no credit check loans to improve your credit score
Responsible Payday Loan Alternatives
Avoid the pitfalls of risky short term loans
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
A credit check will be done as part of the final stages of the application process, unless you are applying for one of our no-credit-check loans.
Please note, you can check your eligibility for a loan as well as view the best loan rates accessible to you before deciding if you would like to apply, and there is no record on your credit history with this process.
If you check your eligibility and you do qualify for a loan, and you feel the loan terms and rates would suit your needs and be affordable, you can then proceed with the application and accept the offer.
A credit check is one of the ways that makes it possible for us to match you with the lowest rate loan that you are able to qualify for.
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 a medium loan amount or 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 and personal service. 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.
Have you been looking for quick approval loans online? Do you need to borrow between $1000 and $80,000?
Sometimes you need a loan quickly, plus you need cash paid to you today, and Cash Today can help!
Moreover, submitting your application is easy and takes just minutes. If you want a fast loan approved today, without piles of paperwork, and you need money now, an easy loan could be just what you have been searching for.
Our approval process is designed to work fast to get you a quick decision, usually in minutes or hours as opposed to days. This means that borrowing is easier than you think. A great choice to consider when you want quick loans, need cash paid today and don’t want difficult and long forms to fill out.
Quick Cash Loan Process – What do we need from you?
In order to approve your application, we will require that you meet our lending requirements for our quick approval loans.
Eligibility
Application requirements:
1: You are an Australian resident
2: You are an adult, over the age of 18 years old
We will ask for a copy of your driver’s licence and a utility bill showing your current address to confirm this.
Income
We need to see that you are able to easily repay the loan amount.
Cash Today would never wish to approve loans where repayments would put you under financial stress. Because of this, we check that you will be able to make your repayments with ease.
We will verify your regular income, via your online banking platform.
Income considered for your application may include payments from your employer, business income, or government benefits such as Centrelink payments.
This is completed through a quick and completely confidential online process where we request permission to view read-only digital bank statements to assess the bank details required. This means you don’t need to scan or upload PDF files to attach to your application.
Credit rating
The last step is generally to perform a credit check. A great credit rating makes it easier for us to approve loan applications.
In some cases, you might prefer a no-credit-check loan. We do offer loans without credit checks in some cases, as long as you meet our other lending criteria.
FAQ: Quick Cash Loans from Cash Today
Do you offer loans for quick cash with no credit check?
Let’s say that you are looking for quick cash with no credit check? If so, and you have concerns that your credit rating could get in the way of being approved, we can reassure you that Cash Today makes our approval decisions looking at more than just a credit score.
Also, we opt to look at regular income and affordability of repayments, plus we can approve for smaller amounts without looking at your credit rating.
A quick cash loan can be a great option if you find yourself in a financial bind and need access to funds quickly. However, it’s important to understand the terms and conditions of these types of loans before applying.
How about quick cash loans with bad credit?
At times you need cash quick, but you may worry you won’t get approved because you have a bad credit rating. At Cash Today, we know that sometimes circumstances outside of your control can result in a bad credit rating. We also understand that sometimes you don’t want a check appearing on your credit record.
So, you’ll be glad to hear that Cash Today can provide payday advance loans on smaller loan amounts if you meet the other lending criteria, even if your credit score isn’t the best. And we can offer approval for loans as long as you meet our criteria for regular income and repayment affordability.
If you’re looking for quick cash loans with bad credit, there are a few things you should know. First, while it is possible to get these types of loans through a traditional lender such as your band, they typically come with much higher interest rates than traditional loans. This is because lenders perceive borrowers with bad credit as being a greater risk.
Second, you may have to put up collateral in order to secure the loan. This could be in the form of your car or home equity.
Finally, quick cash loans with bad credit typically have shorter repayment terms than traditional loans. This means that you’ll need to pay back the loan much sooner than with other loan types.
With a Cash Today bad credit loan, assuming that you meet our other lending criteria and we can see that repayments will be affordable for you, you can access fixed flat fees with no interest charged, and no collateral required.
Can you provide quick cash loans for Centrelink customers?
It is possible that you have found in the past that some lenders do not accept Centrelink payments as an income source when you’ve applied.
Cash Today does accept Centrelink income as valid when used in conjunction with paid employment income when we are considering your eligibility for amounts of $1000.
For example, let’s say that you receive government benefits as well as work part-time. Also, you are concerned that the income from your job wouldn’t be high enough to get approved for a loan. Rest assured, Cash Today will take into account your Centrelink payments as well as income provided from your employment when we are making our approval decision.
So, if we determine that you are able to afford the repayments, plus you meet the other criteria required by us as a responsible lender, you could be approved for a quick cash loan online with same day payment.
Quick cash loans today?
Need money fast? Are you wondering “where can I get a loan until payday?” Cash Today offers a simple and quick online application process that you can complete in minutes. So you’ll get an approval decision within hours.
If you’re looking to apply for a loan, there are a few things you need to know. Here’s what you need to do to get started.
1. Know how much you need to borrow. This will help you determine which type of loan is right for you.
2. Shop around. Compare rates and terms from multiple lenders to find the best deal.
3. Read the fine print. Make sure you understand all the terms and conditions of your loan before you sign anything.
4. Be prepared to repay your loan on time.
Furthermore, if you do apply for a Cash Today loan, once approved the funds will be released to your chosen bank account that same evening – as long as we’ve received your application before 2pm AEST.
Guaranteed payday loans no matter what in Australia?
We are proud of our reputation as a reliable lender. If you’ve been approved for a Cash Today payday loan we can guarantee that you will be paid your money fast.
If you made your application before 2 pm AEST, the money will be electronically deposited into your account that same evening.
How to get quick cash?
When you need cash fast, there are 3 easy steps to getting an online payday loan in just minutes.
1: View our rates & fees page to view the transparent fees charged for the loan amount you want, see example loan costs, and decide if the repayments are affordable for you.
2: Click here to apply, and complete the simple online application form in just minutes.
3: Find out your approval decision, and once approved you’ll receive your loan amount payment via instant funds transfer that same day.
Quick personal loan advantages
Fast short-term loans offer a number of advantages over other types of lending products. Here are some of the most notable benefits:
Convenience – Payday loans are incredibly convenient. You can apply for a loan online, and you can receive your funds quickly. There’s no need to jump through hoops or wait weeks for your loan to be processed.
Flexibility – Payday loans offer more flexibility than other types of loans. You can choose how much you want to borrow and for how long. There’s no need to worry about collateral or a repayment schedule that doesn’t work for you.
What are the alternatives to a cash loan?
Before you apply for a loan, it’s a good idea to carefully consider your options. Centrelink customers or those receiving government benefits may be eligible for an advance on their payments.
Tweaking your budget to cut down expenses for the short term could free up some extra cash. Also, you could borrow money from friends or family to cover expenses, and then repay them with your next paycheque.
You can explore more alternatives to lending here. You can also view more options and alternatives to taking out a loan at moneysmart.gov.au
Alternatively, quick cash loans are a great option for those who need money fast. They are typically smaller loans that can be approved quickly, making them perfect for unexpected expenses or emergency situations. Quick cash loans can be used for anything from car repairs to medical bills, and they can be a lifesaver when you’re in a pinch.
There are a few things to consider before you apply for a quick cash loan, however. Make sure you understand the terms and conditions of the loan and be sure you can repay it on time.
If you need quick cash, a quick cash loan may be the perfect solution. Just be sure to do your research and understand the terms before you apply.
Ready to apply? Click here.
Katie F
“Quick, easy and affordable repayments. I am a repeat customer of cash today over many years. I use Cash Today to help out with last minute emergencies and I find the whole process from start to finish is seamless!”
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dstem
“Great service. It was nice to communicate with an actual person instead of it all just being automated. I was able to clear up something quickly. It was refreshing to receive real customer service.“
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Mark Wissman
“The best in the market! Highly recommend! Easy to use, friendly and fast service! These guys will take into account if you have bad credit or difficulty in your life. They do understand and will give you a go! I highly recommend!“
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Thomas Y
“I would definitely recommend CashToday to all my friends. I didn’t have the funds to pay my bills and they were stacking up fast. With a loan taken out through CashToday I was able to pay my bills on time without the late fees; they were such a big help!“
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