Instant Cash Loans
Cover the unexpected with fast, quick, and easy instant loans.
- Borrow up to $5,000
- Outcome in 60 seconds
- Flexible repayments
- 100% online
Fact checked
Fact checked
Smooth out the unexpected
We all have bills that come out of the blue or urgent expenses we need to cover. One of our instant loans helps you get the cash you need without filling out endless forms, submitting pay slips, or getting reams of documentation together. We can approve short-term instant loans to cover you in times of need ranging from $2,050 to $5,000.
Instant loans made easy
When we say instant loans, we mean instant loans. Our 100% secure online application system means we process your request as fast as possible. Once you complete our express online application and are approved, you’ll get the funds transferred to your account on the same day in most cases.
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.
How to navigate your instant loan application
Eligibility Criteria
You need to be over the age of 18, an Australian citizen or permanent resident, been receiving regular income for at least 90 days into a bank account and have an active email and/or mobile number.
Give Us Some Information
We don’t need bank statements or payslips; but estimates of your current earnings, assets, and liabilities will help us decide if an instant loan is right for you. We will also need information such as your Drivers Licence number.
Apply Once
Don’t apply more than once! Applying multiple times can hurt your credit history.
Await Approval
Apply for an instant loan using our secure online portal. Get confirmation of approval instantly, with cash transferred within the hour (in some cases.) Check your phone or email for acceptance.
Get Your Funds
We’ll forward the approved funds to your nominated bank account.
Get your instant loan questions answered
Your guide to instant loans
Ways to fix your credit history?
Your credit history is the first port of call for many lenders to determine if you’re eligible for credit – be it a mobile phone plan all the way up to a mortgage. However, a credit history captures data on your applications and defaults for up to seven years. Making many applications, such as “quick” payday loans can damage your credit history. You can check your credit history once per year for free using one of the credit reporting companies. This will show you any mistakes, which you must fix. Paying back loans on time and in full is a sure-fire way to help rebuild your credit history.
How do you choose the right personal loan?
Choosing the right personal loan isn’t just a matter of getting the amount you want; you should do your research into different types of personal loans so you aren’t paying unnecessary principal or interest. A long-term personal loan may last up to five years and are used to buy large assets such as cars or renovations. Small instant loans may last from a few weeks to 24 months, and are suitable for urgent purchases – medical bills, car repairs, and so forth. A small loan may be better than a large personal loan, as the short-term nature of the loan matches the short-term expense.
How to better manage your instant loan?
Many of us fret when we have an urgent expense and scramble to get money fast. One of the worst things you can do is put in multiple applications for instant loans. This can hurt your chances of approval. You should also opt for direct debit repayments, so you never miss one. In the meantime, you should look to reduce unnecessary expenses or luxuries to ensure your bank account always has the requisite funds. If you take on an extra shift at work or get a bonus, you should use it to pay more of your loan off – provided there are no additional fees involved.
What to look for in your loan agreement?
Not all loan agreements are boilerplate – they can vary from one lender to another. You should always look for fees and charges. Fees and charges will be present in all kinds of loans. However, some loans may charge additional fees when making additional payments; or even a dishonour fee. You should also look at the repayment schedule carefully; as payments could be deducted before holidays or weekends, which could inconvenience your finances. You should also look at whether repayment insurance is included or not. If you have doubts, ask a friend or a financial professional to look at the agreement to answer any questions.
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.
