Need Money Now Australia

Need money now? 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 by connecting you with an Australian lender who can provide the cash boost you need.

Whether you need some urgent repairs around the house or to get your car back on the road, you can use a fast and easy cash loan for just about anything. Through Savvy, you’ll be matched with a reputable lender suited to your profile and receive an instant outcome in 60 seconds and cash as soon as the same day. Apply with Savvy today to get started!

How can I get money when I need it now in Australia?

One of the fastest and easiest ways to access the cash you need in Australia is by applying for a small loan through Savvy. These loans are designed to be flexible and available to a wide range of people, with amounts up to $5,000 able to be borrowed and repaid over as many as two years.

When it comes to getting your loan through Savvy, our online application process is straightforward, offering instant outcomes from our marketplace of trusted lenders and, in many cases, the money you need as soon as 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 and you can use them to cover your urgent costs.

How quickly can I receive my cash loan funds?

When you apply with Savvy, you’ll receive an instant outcome in just 60 seconds. If approved, your application can be formally assessed, approved and funded as soon as the same day you apply.

However, whether you receive these funds on the same day will depend on several factors. These include:

• The time of day or week: applying earlier in the day and 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.
• The complexity of your profile: lenders may take more time to assess profiles that present more risk. For example, if you’ve defaulted on a similar loan in the last few years but are in a better place financially now, your lender will want to be extra careful to ensure you’re in a position to take on a new loan.
• The speed of your bank: 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.
• Your lender’s internal processes: it may simply come down to how quickly your lender is able to assess your application. Different lenders have different processes in place, while the number of applications on their plates at the time may also mean yours takes longer to formally assess.

What information do I need to provide to get money now?

You’ll need to share some details and documents with your lender, which can be done securely online. The initial Savvy application form will require you to fill out the following information:

If your initial application is conditionally approved, your lender will proceed and conduct checks of your finances and credit file before ultimately deciding whether to formally approve you. You’ll also need to provide some documentation, which we'll get into in a little while.

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.

Cash loan cost table