If you’re in urgent need of funds, a cash loan could help you access money within the hour. These loans are designed for short-term borrowing, letting Australians apply for smaller amounts and receive funds much faster than with traditional personal loans.
While our lenders may run a credit check, their main concern is whether you can afford to repay the loan based on your current income and expenses. So, even if your credit score isn’t perfect, you may still be eligible – especially if you can show steady income and responsible banking activity.
With Savvy, you can apply for a loan in minutes and receive an instant decision, with the funds hitting your account in as little as one hour.
What can I do to receive my loan within 1 hour?
To give yourself the best chance of getting a loan paid out within an hour, it’s important to be prepared. Here are some tips:
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Don’t apply for an unrealistic amount
One hour cash loan lenders check your income and spending carefully. That means applying for too much money is going to complicate your application at best, or have it rejected at worst. Sit down and work out precisely what you can afford and stick to that.
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Provide your documents promptly
Gather the documentation you’re going to need ahead of time. Lenders will typically ask for digital copies of documents such as your driver’s licence or passport, Medicare card, a recent utility bill and your last 90 days’ worth of payslips.
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Apply during business hours
You can apply online at any time, but lenders will only process your application during business hours. To boost your chances of approval and get your funds within the hour, submit your application early in the day so there’s time for the lender to review your application, verify documents and transfer the funds to your account.
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Keep in touch with your lender
Lenders may need to clarify information on your bank statement or ask you some further questions regarding your application. Keep your phone switched on and check your emails, just in case the loan provider needs to speak with you.
Why apply for a small loan with Savvy?
Can I get cash within 1 hour on a weekend?
Yes – Savvy partners with small loan lenders that operate seven days a week, helping you stay on top of things if you have unexpected costs during the weekend. If you meet their lending criteria and apply during their business hours, your loan could be processed and funded within the hour – even on a Saturday or Sunday.
Keep in mind that while you can apply at any time of day or week, approvals and fund transfers only happen during the lender’s operating hours. You're more likely to receive same-day funding if you apply earlier in the day, so don’t leave it until late in the day if you need cash urgently.
Is it faster to get a cash loan or pay advance?
Both cash loans and pay advances provide quick access to funds. In many cases, a cash advance can provide money within minutes, while cash loans can be approved and funded in under an hour. However, the two work differently and suit different needs.
A pay advance lets you access part of your upcoming pay cheque early, often without a credit check. Funding is fast, but repayment is usually taken in full from your next pay. This means you’re not getting extra money – just early access to what you’ve already earned. If you’re already struggling, this can leave you short for the next pay period and increase the risk of overdraft fees or repeated borrowing.
Cash loans from licensed small loan lenders, meanwhile, give you access to extra cash and allow repayments to be spread out over multiple instalments. This can help make repayments more manageable if you need extra time to repay – though the loans still come with fees and/or interest, so it’s important to borrow responsibly.
Either option can help in a pinch, but it’s important to understand the costs and risks involved and to borrow only what you can afford to repay.
