Cash Advance Loans
When you need cash fast, trust the experts in cash advance loans with your needs.
- Borrow up to $5,000
- Outcome in 60 seconds
- Flexible repayments
- 100% online
Fact checked
Fact checked
Personal loan when you need it
There’s nothing worse than finding yourself strapped for cash, unsure what you’ll do next. It feels stressful and might see you running around in circles. One solution is a cash advance loan. These loans can come to the rescue when you need cash to cover urgent and unexpected expenses. That’s because getting a loan is simple and straightforward. In many cases, applicants get cash on the same day. Read on for more information on how to apply.
Fast, secure, and compassionate
Savvy are one of Australia’s leading experts in cash advance lending, helping dozens of Australians take care of urgent expenses such as medical bills, immediate travel, or replacements for critical equipment such as computers or phones with amounts ranging up to $5,000. You can apply fast on our secure servers or talk to one of our understanding consultants. When you need a cash advance, Savvy has your back.
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.
Getting started with cash advance loans
Why are you applying for a cash advance?
This is the first question to ask before making a cash advance loan application. Is the item or purchase you need urgent? Can you defer the payment until payday or a more suitable time? If you absolutely cannot live without whatever you need, a cash advance may be right for you.
Are you eligible?
All applicants must be over the age of 18, be an Australian citizen or permanent resident, received income in the last 90 days from any source, and have an active email address and mobile phone number. If you tick all those boxes, you can apply.
Can you afford the repayments?
Savvy is a responsible lender and makes every effort to ensure your finances can handle the repayments of a cash advance loan. However, you should check if you can afford the repayments of a cash advance loan before application.
Have you read all the terms and conditions?
If you have been approved for a cash advance loan, we will extend a cash advance loan contract. The onus is on you to read through the contract and figure out if the terms and conditions are suitable for you. If you do not feel comfortable with some of the terms, our consultants can help explain them to you. If you think you can live up to the conditions of the loan, then you’re ready to receive the funds into your account.
Apply and get approved
Apply online using our secure application system. Want to talk to a consultant? Call us and we’ll help you through the process. Once approved, await transfer of the funds into your account within the day – or sooner. Conditions may apply.
Got questions about cash advance loans?
Learn more about cash advance loans
100% finance for bad credit business loans?
A cash advance is for anything that needs instant payment and is important to you. This might be car repairs; car registration; new furniture or a bond payment; replacement of appliances such as fridges or washing machines; unexpected utility bills; wedding costs; urgent travel expenses; medical bills; funeral expenses – whatever you need covered, a cash advance can help you through a tough time.
How to better manage your repayments?
Though you might feel relief once your emergency is sorted with a cash advance loan, the hard part comes when repayments are due. You can help manage your repayments by using a direct debit facility, which takes out the amounts each period without you having to think about it. However, it’s on you to make sure your account is not in overdraft. This can result in more fees.
Mistakes to avoid when applying for cash advance loans
When applying for a cash advance loan, there are many traps people fall into. One of the mistakes is applying for many cash advance loans at once as the purchase you intend to make is urgent. This can hurt your prospects for approval, as it shows up on your credit history as a negative. You should apply only once you’re ready and have a definite budget. Borrowing more than necessary also means paying back more in interest.
How to get ahead of your repayments
If you are struggling, a cash advance loan can be a lifesaver when unexpected bills pop up. As we mentioned, using a direct debit account is the best way to get ahead of repayments. However reducing spending can also make sure you have the money in your account. This might be cutting back on subscription services such as streaming or Pay TV; quitting memberships like the gym; avoiding eating out; buying groceries in bulk; stop spending on your credit card, which only increases your interest payments overall.
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.
