Need Money Now Australia
Need money now? Get a quick cash loan with Savvy today.
- Borrow up to $5,000
- Outcome in 60 seconds
- Flexible repayments
- 100% online
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Life isn’t always smooth sailing, so when you hit choppy waters with your finances and unexpected bills pop up, Savvy can lend a hand. We help make getting out of a tricky situation simpler by connecting you to an Australian lender who can get you the money you need now.
Whether you have to do some urgent repairs around the house or get your car back on the road, you can use a cash loan for just about anything. Our online processes are fast-tracked, so you’ll get a quick turnaround on your application. Apply with Savvy to get the process started now.
How do I get the money I need now in Australia?
Applying for a loan with Savvy is one of the best ways to get a quick cash loan if you need money now. Our online application is straightforward, offering instant outcomes and, in most cases, you can get the money you need on the same day you’re approved.
Once you’re offered formal approval on a quick cash advance, your lender will send your loan contract across for you to sign. Once these have been signed and returned, your funds will be released to your nominated bank account.
Whether you receive these funds on the same day will depend on several factors, however. Applying earlier in the day or week will improve your chances of getting a same-day payout. Lenders in Australia don’t approve and fund applications outside of business hours, so getting your application in early will help prevent it from becoming a multi-day process.
Bank transfer speeds vary depending on who you bank with. Most banks take a few hours to process payments, which is faster during business hours and slower overnight and on weekends. Usually, if your funds are released before the end of business during the week, they should be accessible in your bank account that day.
What information do I need to provide to get money now?
If you need cash now, you’ll need to share some details and documents with your lender, which can be done securely online. It takes about ten minutes to complete an initial application with Savvy and receive an instant outcome on a loan. If this is an instant approval, your lender will proceed with the application and conduct checks of your finances and credit file before ultimately deciding whether to formally approve you.
After you choose your loan amount and why you need it, you’ll need to share some details with your lender to be considered for instant approval. These include:
Personal details |
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Contact details |
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Employment details |
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Income |
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You’ll need to confirm your identity by providing some digital copies of your ID, which can be securely uploaded to your lender’s portal. Your lender will usually request a copy of your Australian driver’s licence or passport and a proof-of-age or Medicare card.
While the eligibility criteria for a small loan are generally the same from lender to lender, it’s worth double-checking these with your lender to save you time. Generally, the requirements you need to meet will include:
Age |
You must be at least 18 years old to apply for a quick cash advance. |
Residency |
You’ll need to be a permanent Australian resident or citizen. Temporary Australian residents are unlikely to be considered for a loan. |
Income |
You need to have been earning a stable income for at least three months. |
Debts |
If you’re already repaying a short-term cash loan, it’s unlikely you’ll be approved for another. |
Contact |
To get cash today, you need a working mobile phone number and email address. |
Banking |
You must have access to your bank accounts via internet banking so lenders can review 90 days’ worth of statements. |
How long can I take to repay my loan?
You can take up to two years to pay back your loan, depending on how much money you borrow. The length of time you take to repay your loan correlates directly to the value of your repayments and how much you pay in fees.
When you take out a quick loan, you’ll get some flexible options on how long you need to repay it. You can take as few as 16 days up to a maximum of two years to pay off your loan debt.
Loans come with some fixed fees, namely an establishment fee and rolling monthly fees. Choosing a shorter term means you’ll pay less in monthly fees over the life of your loan. Monthly fees are capped at 48% over 12 months. For example, if you took out a $5,000 loan over 18 months instead of 24, you would save $1,200 overall in monthly fees.
Why apply for a small loan with Savvy?
Apply online, 24/7
No matter the time of day or week, you can complete your small loan application with us online.
Instant outcomes and same-day money
You can receive an outcome in 60 seconds and, if successful, have your money sent in just one hour.
Trusted lender panel
We're partnered with reputable Australian lenders to bring you greater peace of mind when applying for your small loan.
Answers to common questions about needing money now
Small loans to suit your circumstances
Helpful small loan guides
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.
