Avoid the hassle of messy paperwork and apply for a small cash loan today through Savvy.
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Fact checked
Perhaps the most difficult and time-consuming aspect of the loan process is gathering up the required documentation. You may not know where they all are, which can cause delays in the processing of your application. There are, however, easy loans with no bank statements which you can apply for.
Small loans are a highly flexible source of funding, which can be obtained right here through Savvy. Our simple application form will take you straight to your lender’s page, where you can have your loan approved and funds sent through entirely online. Start the process now and have the money from your instant loan without a bank statement in Australia by day’s end.
You don’t need to supply physical copies of any documents involved in the financing process, with the application conducted via online portals from start to finish.
You’ll be able to choose the amount you need to borrow, with loans available as small as $2,050 and larger finance deals up to $5,000 on offer to be utilised in any way you need.
You can shape your loan repayments to suit your individual needs, with short terms available from 16 days or longer-term loans up to two years in length open to borrowers.
This type of personal finance is wholly unsecured, meaning your lender won’t ask for any assets like your car or other valuable property to act as collateral for the loan.
You can find out whether your loan application was successful as soon as 60 seconds after submission, enabling you to proceed with your application without any further delays.
Because small loans come with fixed fees, your repayments will remain consistent across your loan agreement, enabling you to budget more effectively around them.
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.
You should only ever apply to borrow an amount you can comfortably afford to repay. Your lender won’t approve your application if they’re not sure whether you’ll be able to comfortably repay your loan, so you should take stock of your disposable income (your available funds after expenses) to determine what monthly contribution you can feasibly afford to take on. By doing so, you can minimise the chances of loan rejection.
Although you can still be approved for financing if you already have another personal loan on the go, having your slate as clear of debts as possible will help advance your loan application. This is because your monthly disposable income will increase, providing you with greater breathing room for your repayments and instilling greater confidence in your lender that you’ll be able to manage your repayments without any trouble.
Instant loans don’t require extensive documentation: digital copies of personal ID, bank statements, proof of address and contact information. However, taking care to have all of these ready, and ensuring they’re correct and up to date, will save on potential back-and-forths with your lender. Having your loan delayed because of mistakes with your documents is an entirely avoidable occurrence, so you should take the time to get everything right from the outset.
Applying as early in the day as possible will reduce your application’s chances of moving into a second day. If you apply at 9:00am on a Monday, for instance, the chances of swift funding are considerably higher than what you’d see on the same loan submitted at 8:00pm on a Saturday. Getting in early will help ensure your application moves to the front of the queue and can be fully approved and processed quickly.
The application process for small loans is uncomplicated and a simple one to follow for any type of borrower, but that doesn’t mean you should enter your application blindly.
With loan funding taking as little as one hour (or less, in some cases), it’s important to be across each of these steps and understand how they work before you take the plunge.
Familiarise yourself with the application process so you can set yourself up for swift approval and funding today.
Filling out our instant personal loan application will take minutes and instantly match you with your lender, from whom you’ll receive an outcome.
Once you’ve been pre-approved for financing, you can send through all the required documentation so they can confirm who you are.
You’ll receive a contract to sign and return electronically, and from there you’ll have access to the funds you need straight from your account.
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.
