Frequently Asked Questions
- Never Heard Of a Pay Day Loan?
- What is a payday loan?
- How do I get a loan?
- How do I manage my account?
- How do I repay my Pay Day loan?
- How much cash can I borrow?
- What fees are involved?
- Is there a minimum net income I need to qualify?
- What if I am self employed?
- What documents do I need to create an account?
- How soon do I receive my cash advance?
- If I have bad credit, or filed for bankruptcy before, can I still get a loan?
- What are our office hours?
Never Heard Of a Pay Day Loan?
This page should help you understand the way it works.
This page should help you understand the way it works.
What is a payday loan?
A pay day loan or cash advance is a short term unsecured personal loan. You do not need to tell us what it is for or provide any collateral. Your salary is paid into your bank account on a periodic basis so we know you can pay us back. They are meant to be settled in full on your next pay day. You can use the money for whatever you like. This type of loan is a short term solution to any cash flow problem, such as a holiday, gift, party, whatever. Pay day loans are not designed for a long term financial solution.
A pay day loan or cash advance is a short term unsecured personal loan. You do not need to tell us what it is for or provide any collateral. Your salary is paid into your bank account on a periodic basis so we know you can pay us back. They are meant to be settled in full on your next pay day. You can use the money for whatever you like. This type of loan is a short term solution to any cash flow problem, such as a holiday, gift, party, whatever. Pay day loans are not designed for a long term financial solution.
How do I get a loan?
Simple. You just fill in the online application form. Your application will then be approved and all we need is a copy of your bank statement and a recent payslip. This can be sent by either email of a free fax service.
Simple. You just fill in the online application form. Your application will then be approved and all we need is a copy of your bank statement and a recent payslip. This can be sent by either email of a free fax service.
How do I manage my account?
Easy. Upon approval of your first loan you will receive an online account. This will allow you to arrange any further cash advance again in the future without even contacting us. Your account is self managed and simple to use.
Easy. Upon approval of your first loan you will receive an online account. This will allow you to arrange any further cash advance again in the future without even contacting us. Your account is self managed and simple to use.
How do I repay my Pay Day loan?
We do all the work for you. Your account will be automatically debited on the day you choose. The full amount is debited along with any applicable fees or charges. Once your loan has been settled it is then possible for you to get another loan, even on the very same day.
We do all the work for you. Your account will be automatically debited on the day you choose. The full amount is debited along with any applicable fees or charges. Once your loan has been settled it is then possible for you to get another loan, even on the very same day.
How much cash can I borrow?
You can borrow up to $600, depending on your net income. Your first loan has a limit of $300. This protects each of us while we build a trusting relationship. Once one cash advance is settled another is available if you need it. Amounts are available in $100 increments.
You can borrow up to $600, depending on your net income. Your first loan has a limit of $300. This protects each of us while we build a trusting relationship. Once one cash advance is settled another is available if you need it. Amounts are available in $100 increments.
What fees are involved?
There is a loan admin fee of $1 for each loan. $26 is then charged for each $100 you need to borrow.
There is a loan admin fee of $1 for each loan. $26 is then charged for each $100 you need to borrow.
Is there a minimum net income I need to qualify?
Yes. You need to earn a minimum of $1334 to be able to apply.
Yes. You need to earn a minimum of $1334 to be able to apply.
What if I am self employed?
Sorry, only those receiving a wage or salary paid directly into their bank account can apply.
Sorry, only those receiving a wage or salary paid directly into their bank account can apply.
What documents do I need to create an account?
All we need to process your application is your most recent pay slip and bank statement.
All we need to process your application is your most recent pay slip and bank statement.
How soon do I receive my cash advance?
Once your account has been created, you can receive your loan on the very same day with most Australian financial institutions. The speed depends on your banks policies and can take up to two days. You can set up an account without getting your first loan. This way when you need the money, your account is already set to go. Future loans applied for online can arrive in your bank account in minutes.
Once your account has been created, you can receive your loan on the very same day with most Australian financial institutions. The speed depends on your banks policies and can take up to two days. You can set up an account without getting your first loan. This way when you need the money, your account is already set to go. Future loans applied for online can arrive in your bank account in minutes.
If I have bad credit, or filed for bankruptcy before, can I still get a loan?
Sure. We are not here to judge you and as long as you meet the criteria mentioned, you can get a loan. This style of loan is not recommended for a long term financial solution. Some minor credit checks may be applied to new clients.
Sure. We are not here to judge you and as long as you meet the criteria mentioned, you can get a loan. This style of loan is not recommended for a long term financial solution. Some minor credit checks may be applied to new clients.
What are our office hours?
Our office is open from 8:30am to 4:30pm on weekdays
Online applications can be submitted 24 hours per day seven days per week, 365 days per year.
Our office is open from 8:30am to 4:30pm on weekdays
Online applications can be submitted 24 hours per day seven days per week, 365 days per year.
