fbpx

Apply for a $500 loan today

Qualify for a $500 loan today and use the funds for anything you need. Fees get capped, repayments are flexible.

Written by , updated on August 21st, 2024       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

$2100
|
|
|
|
|
$500
$50,000


Paid in 60 mins if approved*
Written by , updated on August 21st, 2024       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

What can I use a $500 loan for?

Start a business

Many Australians use cash loans to get a business idea off the ground. You can get a $500 cash loan to start a side gig, buy equipment to launch a startup with a small loan or even fund an eCommerce website.

Complete a training course

You may need to produce some upfront funds when aiming to complete a training course. This may be required as part of your employment, something you’ll have to do to qualify for your desired employment into the future or it simply may be a course you wish to complete for your own personal benefit. Whether it be a barista course or first-aid, $500 is a versatile amount that can cover you when you can’t quite afford your training.

Pay unexpected bills

All of us have those weeks or days when expenses all come at once – and it’s usually right in between paydays. Pet owners have vet bills, electricity and gas costs skyrocket in winter, vehicles break down and more. When the unexpected happens, a small loan can provide some breathing space and you can pay it back as soon as you get back on an even financial keel.

Cover a rental bond

Moving house can be expensive, but you can use a shorter-term loan for a rental bond and spread the cost over a few pay dates. Many borrowers also incorporate costs like steam cleaning and movers into a single cash loan.

Purchase a vehicle

You can use a $500 loan for a car deposit or even to buy a second-hand vehicle. Some borrowers use cash loans to lessen the impact of annual registration costs, and then repay the expense gradually over a few pay cycles.

We'd love to chat, how can we help?

By clicking "Submit", you agree to be contacted by a Savvy Agency Owner and to receive communications from Savvy which you can unsubscribe from at any time. Read our Privacy Policy.