Apply for little cash loans from $2,050 through Savvy today and receive an instant outcome.
Fact checked
Fact checked
If you're seeking a modest financial boost, perhaps to address minor expenses or supplement your household budget, you might consider exploring little cash loans online. At Savvy, we're partnered with trusted and flexible lenders, meaning you not only gain access to instant outcomes but also the possibility of formal approval and potential funding as soon as the same day you apply. Take advantage of the streamlined application process and apply for a little loan from just $2,050 through us today.
Little cash loans, also known as small or payday loans, are quick fixes for when you need money urgently. They're designed for short-term needs, like unexpected bills or gaps in your finances between paycheques. You can borrow a small amount and pay it back over a specific period, which could be as short as 16 days or up to two years in some cases. For instance, if you wanted to have it paid off in the next month, you could select a 30-day term. You get to choose how often you make payments: weekly, fortnightly, or monthly.
It's important to understand the costs associated with cash loans. These depend on how much you borrow and how long it takes you to pay it back, but there are two main fees to consider: the monthly fee, which is capped at 48% of your loan amount over a year, and the establishment fee, capped at $400. Knowing these fees helps you make informed decisions about your repayments.
You can borrow amounts ranging from $2,050 to $5,000 with a little cash loan through Savvy, provided you meet the lender's eligibility criteria. This flexible range caters to various financial needs, allowing individuals to choose an amount tailored specifically to their requirements. Keep in mind that each applicant's borrowing capacity is influenced by factors such as credit score, income, existing liabilities, savings, and other relevant financial considerations. As a result, the amount you can borrow may differ based on your unique financial circumstances.
Your borrowing amount depends on what you can comfortably repay. Your income, sourced from stable jobs with consistent pay and hours and/or eligible and sufficient Centrelink payments, plays a crucial role in determining approval. For example, if you're looking to secure a loan with fortnightly repayments of $600 but only earn $500 per fortnight, approval is unlikely to be possible.
When applying for a little cash or micro loan through Savvy, the process is straightforward and user-friendly. Our online application form takes just a few minutes to complete, where you provide essential information about yourself, your income, employment and more. After submitting your application, you'll receive an instant outcome within 60 seconds. If approved, your matched lender will conduct a formal assessment of the application, which may include additional documentation in some cases.
Upon successful completion of the required checks, your lender will grant formal approval and send through loan documents detailing all the terms and conditions, including the repayment schedule, term, fees, and more. Once you review and sign the documents, return them to your lender, and the funds can be advanced to your nominated account. This can be completed as soon as the same day you apply, depending on how quickly your application can be processed. Subsequently, you'll commence repaying the loan on the chosen schedule (weekly, fortnightly, or monthly, depending on your preference).
No matter the time of day or week, you can complete your small loan application with us online.
You can receive an outcome in 60 seconds and, if successful, have your money sent in just one hour.
We're partnered with reputable Australian lenders to bring you greater peace of mind when applying for your small loan.
Disclaimer:
The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.
For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.
Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
