Need cash quickly but don’t have employment verification? Savvy has you covered.
Fact checked
Fact checked
If you’re in a tough situation and need cash fast, Savvy can connect you to lenders directly who can approve loans as soon as one hour after you apply with no employment verification. Whether you need a new fridge urgently or your car has broken down, we can help you access instant cash to get through your rough patch. You can get approved for a small loan from $2,050 up to $5,000 with no employment verification necessary, so start the process today.
Yes – you can get approved for a cash loan with no employment verification. Savvy can help you get instant finance approval if you need money now, with loan money in your bank account on the same day you apply in most cases.
Employment verification isn’t necessary as long as you’re able to prove you’ve had a consistent income for at least three months and you’re able to meet your repayments. This income can include Centrelink benefits and other government pensions, so you aren’t automatically excluded from applying if you’re a pensioner or unemployed.
Verification of your income comes by giving your lender read-only access to your bank account via your internet banking login details, so your income can be picked up by an automatic checking process. This means your employer doesn’t need to know you’ve applied for a loan and they won’t be contacted in any way.
The small loan application process is a very simple one to follow. Familiarise yourself with these steps and you can have your application fully approved in as little as just one hour, ensuring your online cash loan is very quick:
It’s important to note, though, that there may be some situations where delays are required in the small loan application process. Most commonly, this comes in the form of your lender asking for further clarification or documents relating to your application. This may mean that it takes slightly longer to approve the deal but, in the scheme of things, this is only minor.
As long as you’re over 18, an Australian resident and able to meet your repayments, you’ll be able to qualify for a loan. You may have to meet minimum income requirements also, typically of at least $300 to $400 per week from stable sources.
To qualify for your same-day loan, you’ll need to provide the following information:
Online direct lenders are far more interested in your ability to pay back the loan in the future, rather than what’s happened in the past, which is why your credit history and employment verification are less important for a short-term cash loan. Customers who are unemployed or otherwise can’t provide employment verification can still get approved for a loan as long as they can prove they’re able to afford the repayments.
Part of the beauty of small loans is that they’re highly flexible and able to be used for just about any purpose you may need. Some of the reasons you might need to take out a cash loan include:
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.
