Category

Personal Loan

Where Can I Get Instant Cash For A Startup?

By | Pawn Loan, Personal Loan

All business startups need capital to launch, along with cash flow to keep the business running until it’s profitable.

Maybe you’ve come up with a fantastic idea but have no cash to get started? Or, you’ve managed to get your business up and running but are now short on cash flow.

You don’t want your great new idea to fizzle out simply because of a lack of funds to see it through to the next phase.

So, if you’ve been asking yourself the question, “where can I get instant cash for a startup?”, this post will provide the answer. There are always options. It’s just simply being aware of those options.

Get a Quick Cash Loan

A quick cash loan, also referred to as a fast cash loan, is really just a small Personal Loan provided by a private lender.

There are two key reasons why you want to approach a private lender for a quick cash loan and not a bank. Firstly, banks don’t offer smaller Personal Loans. Generally, they often have a minimum of $5k. The second reason is that you generally won’t get money quickly when you seek finance from a bank.

With private lenders, it’s a totally different story. If you apply early enough in the day, there’s a good chance your loan application will be assessed and approved that same day, with the cash in your nominated account by the end of the day or the very next business day.

You can also borrow much smaller sums from private lenders. Maybe you only need $500 or $1,000 to cover your needs. No point getting into debt with a bank for $5K when you only want a fraction of that amount.

There are many ways to use quick cash loans too. You could put some of the money towards advertising and marketing your products or services, or even creating an online presence and having a website built. Or, you might simply want to have the cash on hand to keep you afloat while increasing business turnover.

One of the biggest killers of new Australian startup businesses is a lack of capital or poor money management. This is where a quick cash loan can really save the day and your enterprise.

A Pawn Loan Is Another Excellent Option

While Personal Loans are unsecured loans, you could also opt for a Pawn Loan if you have something of value that you could leave with the lender as collateral. Maybe you have a private vehicle or a company car.

The way Pawn Loans work with private lenders is you can basically borrow up to 60% of the market value of your vehicle, business equipment or valuables such as expensive jewellery and watches. A vehicle isn’t restricted to cars either. It could be a van, truck, motorbike, caravan, boat and so on. So long as you own it outright and can produce rego papers, you’ll be able to negotiate a Pawn Loan. The only other stipulation with vehicles is they must be less than 10 years old and have driven less than 150,000km.

Just like with the quick cash loan option, there are a number of ways to use Pawn Loans for startup businesses.

As an example, you might have a client order to fill but don’t have the funds available to get it done. You know you’ll be receiving a healthy payment from the client once you’ve fulfilled the order, so in the interim, you could get a Pawn Loan against the value of your car, get the cash you need, fulfil the order, get paid and then pay off your Pawn Loan.

The end result will be a satisfied customer and a tidy profit for your business.

Pawn Loans really are a good option to keep in mind for business owners and entrepreneurs.

The Wrap

So, the answer to the question of, “where can I get start up finance?”, is to seek a Personal Loan or a Pawn Loan from a private lender such as Cashify Loans. We provide fast service and competitive terms on both our Personal Loans and Pawn Loans. Come to us first and get your business cash flow on track today.

101 Guide On Different Loan Options Available In Australia

By | Pawn Loan, Personal Loan

Australians are fortunate when it comes to the world of finance. There are a multitude of options available to business owners and everyday Aussies when you want to borrow money for a specific purpose, or even simply to bolster your cash flow.

In fact, there are so many loan options in Australia that it can get confusing. What kind of loans are available? Which is the best loan option for a specific purpose? Should you approach a bank for a Personal Loan or try a private lender? Is there a way of comparing the loan options available?

These are all fair questions and in this post, we’ll provide answers to those questions so you have a better idea of what’s available and which might be the best finance option for your needs.

Banks vs Private Lenders

Is one of the banks a better option for finance than a private lender or vice versa?

There is no definitive answer because both banks and private lenders have something positive to offer when it comes to a variety of loans. Your personal circumstances, how quickly you need the money, what type of loan you are chasing and how much money you need all come into the equation.

For example, if you’re looking to borrow a million dollars to purchase your dream home, seeking out a mortgage with competitive rates with one of the banks would likely be the obvious choice. On the other hand, if you only wanted to borrow a small amount of money, banks generally don’t offer small loan options. In this instance, the private lender will prove to be your best friend.

Both have their advantages and both will always play a role when it comes to lending money to Australians for all sorts of purposes.

Let’s now take a look at the different types of loans and their features.

Personal Loans

Personal Loans are one of the most common and popular forms of finance in Australia. One reason for this is you can use a Personal Loan for practically anything.

When you apply for a personal loan you’ll be given a list of options regarding what you will use the money for. While car loans and home loans are restricted to cars and homes exclusively, personal loans offer a variety of choices.

Banks will offer Personal Loans ranging from about $5,000 up to $50,000 or more, which is a handy range that covers most people’s needs. One downside with this though, is that people don’t always need to borrow a minimum of $5K.

A perfect example might be a small emergency, where just a few hundred dollars, or maybe a few thousand dollars, is enough to get you out of a tight spot. Banks don’t offer Personal Loans in these smaller denominations but private lenders do. Private lenders will allow you to borrow much smaller amounts of money, to be repaid over a shorter term. It’s really the perfect solution when you need some quick cash that’s not in the high four or five figures.

Mortgage Loans

Mortgage Loans are the type of loans that so many Australians require at some point in their adult life. There can be some confusion about the term ‘Mortgage Loans’ though, as there are actually two types.

The first is where you ask your bank for a Home Loan so you can purchase a property and pay it off. This is one of the most common loans in the country, with many Aussies chasing the Great Australian Dream – home ownership. Next to Personal Loans, a Home Loan is one of the most sought after loans there is.

When it comes to Mortgage Loans, the other option is where you take out a smaller loan against the value of your property for other purposes, a common one being home renovations and remodelling. In reality, a Mortgage Loan can be used for many purposes, but renovating is certainly one of the most common.

Now while banks do offer this type of loan, private lenders often offer far more reasonable terms when it comes to Mortgage Loans. Most private lenders offer Mortgage Loan amounts of between $5,000 and $100,000, which is more than enough for most homeowner’s needs. You can even use your Mortgage Loan to build that backyard swimming pool you’ve been dreaming of.

Pawn Loans

A Pawn Loan is one of the more interesting types of lending. We’re not talking about getting a small loan from a pawnshop, but rather loans of more substantial amounts from private lenders that offer a Pawn Loan option.

If you’re unaware of what a Pawn Loan actually is, it means offering something of value as security against the loan. A perfect example of a Pawn Loan from a private lender is to leave your car with them as collateral against the loan. When you repay the loan in full, you get your vehicle back in the same pristine condition that you left it.

The really great thing about Pawn Loans is it doesn’t matter if you have a bad credit record or even no credit score. You can still get a Pawn Loan. You can even get one of these loans if you’re unemployed, casually employed or self employed. You just have to be certain you have the means of repaying the loan so you can get your car or other valuable item back.

With Pawn Loans you can loan against:

  • Cars
  • Motorcycles
  • Caravans
  • Boats
  • Jewellery, watches & valuables
  • Business equipment
  • Company vehicles
  • And more…

Pawn Loans For Businesses

Whether it’s a start-up or an established business, many commercial ventures will need extra capital and cash flow for a variety of reasons. One of the most common would be for business expansion. Another reason might be to fulfil a very large order.

Whatever the requirements, businesses have a number of options at their disposal. Banks offer Business Loans as well as lines of credit and overdraft facilities to help with consistent cash flow. Some Business Loans are secured loans with lower interest rates while others are unsecured.

Pawn Loans are also available for businesses, where company vehicles or business equipment can be used as collateral against the loan. Loan amounts can range from $2,000-$500,000, sometimes even higher, depending on what the business has to use as security. These are short-term loans designed to instantly give business cash flow a boost right when it’s needed the most.

So long as you can prove complete ownership of the vehicles or equipment you wish to use to secure your loan and can provide 100 points of ID, you’ll be good to go for a Business Pawn Loan.

Fast Cash Loans and Emergency Loans

If you need finance fast, then a bank isn’t really going to be a viable option if you’re dealing with an emergency. Banks can take a considerable amount of time to process and approve loan applications, time you might not have.

For fast cash loans and same day loans you’re best off approaching a private lender.

Lenders in the private finance sector focus on speedy results. It’s one of the key advantages they have over the banks. Applications can be done online for a fast cash Personal Loan and the process only takes a few minutes. There is also hardly any documentation required and often the application will be processed and approved on the same day; meaning you get your cash by the end of that day or the next business day.

You can borrow anywhere from a few hundred dollars to a few thousand dollars, depending on the lender. Interest rates are fair and repayment terms are short so you’re not stuck repaying a debt for a lengthy period of time.

Quick cash loans from a private lender are your best bet when faced with an emergency or any scenario where you need money fast.

The Wrap

There are loads of options for finance available to every Australian individual and business, with both banks and private lenders offering some great deals, depending on your circumstances and requirements.

Cashify is your premier private lender for small, fast Personal Loans, Mortgage Loans and a fantastic range of Pawn Loans. No matter what you need the money for, make us your first choice the next time you need finance.

Can I Get A Personal Loan As A Student?

By | Personal Loan

Students need money just like everyone else. Money for study, living expenses, travel and more. As a student, if you are struggling for cash flow to pay for your course, or simply just to survive, where can you get some extra cash to see you through?

Aside from finding a part-time job, another option would be a small personal loan. Can you get a personal loan when you’re a student though, and even if you can, are their restrictions on what the money can be used for?

In this post, you’ll discover what your options are regarding personal loans and whether it’s a practical solution for your circumstances.

Personal Loan & Education

Anyone looking to undertake any form of study will need money to pay for their tuition and other related expenses. Often the need to borrow money and education go hand in hand, which is why schemes such as the HECS scheme exist for university students.

Lending institutions will often have specialised personal loans designed for people seeking further education and training. Private lenders are one sector of the finance industry that has really stepped up to the plate to help people out with personal loans for furthering their training goals.

If you’ve been asking the question, ‘can I use a personal loan for education?’, with a personal loan from a private lender you most definitely can. Lenders will vary in what they offer, but many have options for education loans, as well as general personal loans and even pawn loans.

You have options as a student when you shop for loans in the private lending sector.

Are There Restrictions On What You Can Use the Money For?

Once again, this can vary depending on which lender you apply for a loan with, but as a general rule, there are many ways to use personal loans. Even loans that are designed for educational purposes and pursuits will allow you to spend the cash on whatever you need. All you have to do is honour the terms and conditions of the loan and pay it back in full over the determined length of time.

So, what can you use a personal loan for?

Let’s quickly list some possibilities:

  • Paying your course/education fees
  • Buying a laptop
  • Purchasing textbooks
  • Course-related materials
  • Travelling expenses
  • Living expenses
  • And more…

As you can see, there is loads of flexibility attached to an education personal loan. You are not very restricted in using the money for whatever you require.

What About Loan Eligibility? Is There Strict Criteria?

In order to apply for a personal loan of this type, you need to have some form of employment. If you’re a student, you’re not expected to be working full time in order to apply. A part-time job is fine. So long as you earn enough and have enough money left over after expenses to be able to repay the loan, you should be fine to apply and likely be approved.

You will need to be 18 and above to apply for finance and you must also be an Australian citizen or permanent resident. Along with this criteria, so long as you can prove your ID, you’ll be good to go.

How Much Can You Borrow?

One really positive aspect of seeking loans from private lenders is they’ll allow you to borrow amounts much smaller than the minimums the banks offer. Generally speaking, if you got a personal loan from a bank, it’ll be at least $5,000 and upwards.

On the other hand, private lenders tend to start their minimum loan amounts in the hundreds of dollars and usually you can borrow as much as $5k-$15k, depending on the lender.

For many students, just $1,000 might be enough money to make a huge difference. There’s no point borrowing way more than you need, as you’ll only have more to pay back more, including extra interest.

Personal loans are unsecured loans, so there’s no need for any collateral to apply for one.

The Wrap

Cashify Loans offers some of the best terms on personal loans in the business for students. With transparent and simple terms and conditions, combined with low-interest rates, make Cashify your first choice when shopping for a personal loan for education.

7 Money Management Tips To See You Through Hard Times

By | Personal Loan

Taking control of your personal finances can be tough without having some sort of plan. We aren’t born being experts on how to manage finance and money matters in the home and our personal lives. We all need guidance, to learn and discover the techniques that lead to effective money management.

Here are a few pointers to get you started so you can have your finances under control and working for you, not against you.

#1 – A Budget Should be Your First Step

Your household or personal budget is like your financial road map. It also serves as a constant reminder regarding what expenses are important and which ones are optional or luxuries. If you find that you need to limit your spending for a while, a quick look at your budget will soon tell you exactly what you can cut back on. Budgets are usually divided into two sections, with necessary expenses in one column and optional expenses in the other. It’s the best way to manage money.

#2 – Have a Savings Plan

There are not many situations more stressful than encountering an emergency and not having available funds to cover it. An example might be your car breaking down. You need it to get to and from work, yet you have no backup cash to pay for the mechanic. Saving a portion of your income every week isn’t just useful for emergencies. It gets you into the habit of better personal finance management, as well as building up a nest egg. This gives you both peace of mind in emergencies, as well as having money put away for future business opportunities or investments.

#3 – Consult with an Expert

This might be an accountant or some other type of financial advisory service. They can help you formulate a budget based on your income and may even work with you on ways to either increase your income or develop secondary sources of income. Financial experts are trained money managers, so it can be well worth consulting with one if your goal is to truly master your finances. 

#4 – Take Advantage of a Small Personal Loan

Sometimes when your personal cash flow is tight, all you need is a little boost to get you through until things improve. Or, you might have a great idea for a small business but don’t have the capital to launch it.

A small Personal Loan from a fast cash lender can be the answer. Knowing how to manage money effectively is all about learning, being disciplined, and having cash flow at your disposal.

The process of applying for a small Personal Loan is very fast and stress-free. Usually, you’ll have the money in your account the same day or the very next day. It’s the perfect option when you only want to borrow a few hundred or a few thousand dollars.

#5 – Nail Down Where You Waste Money

Everyone wastes money at least some of the time. None of us are immune to this. If you feel your finances are struggling through poor spending habits, then you’ll want to take note of what you’re spending your money on every day. It might be a good idea to write this down, then you’ll soon see where you’re frittering money away.

#6 – Restrict Your Use Of Credit Cards

Credit cards have notoriously high-interest rates, so the less you spend on them, the better. Ultimately it’s wise not to have any credit cards at all, but since many things online require the use of a credit card, having at least one is often necessary. If you can pay out the balance in full each month, at least then you’ll avoid paying any interest.

#7 – Learn, Learn and Then Learn Some More

The more you educate yourself on proper money management, the sooner you’ll have your money working for you. With the internet, you gain 24/7 access to free information, learning modules, online courses, and much more. Never before has it been so easy to find a wealth of helpful information on financial matters. It’s everywhere online.

Another option is to get some personal tips from someone you know who is very adept at money management.

When your finances are under control, your life is more in control. Talk to Cashify today about improving your financial situation with a Personal Loan or a Pawn Loan. We’re here to help.

A Guide To Getting A Personal Loan In 2020

By | Personal Loan

If you’re shopping for a Personal Loan, Australia is a nation where you’re spoilt for choice. The great thing about a Personal Loan is you can generally use the money for just about any purpose. These loans are so popular and versatile that nearly all lenders – large and small – offer this type of finance.

There are some things you’ll want to consider before committing to a loan with a particular lender, so in this guide, we’ll offer some tips on how to secure the right loan for you and get quick cash into your bank account.

How Much are You Looking to Borrow?

The banks tend to put a minimum on their loans, usually around the $5,000 mark. If you are wanting a lesser amount and a smaller commitment, you’ll need an alternative to the banks. This is where an independent lender can help you out.

If you search for fast cash loans or same day loans you’ll find a selection of lenders that offer smaller, affordable personal loans starting at around the $500 mark.

For recipients wanting to borrow large sums of money, you’ll likely target the banking sector, but if you’re chasing a small Personal Loan, then a fast cash lender is the best option.

Compare Interest Rates

Some lenders will have high monthly interest rates but no loan establishment fee. Other financiers might offer the opposite, where interest rates are reasonable, but charge a high fee upon loan approval. In addition, some lenders will also offer you flexible interest rates based upon your credit history – i.e. the better your credit rating, the lower your interest rate will be. To be sure, it is always best to check the lender’s website or simply ask for their interest rate if unsure.

Do You Meet the Lending Criteria?

With most Personal Loans being unsecured, all lenders will have criteria that applicants need to match up to. If you can’t meet all the criteria, there is a good chance your application for finance won’t be approved.

Some of the standard criteria will include the following:

  • Must be at least 18 years or over
  • Earn an income (not solely Centrelink)
  • Be able to prove your income
  • Proof of identity
  • Be a permanent resident or Australian citizen

There may be more criteria to satisfy, depending on the financial institution or the loan amount you’re after.

How Fast Do You Need the Money?

Banks can take forever to make a decision when it comes to getting finance. There are regular requests for more documents and other paperwork, phone calls, possibly requests to visit the branch and speak to someone face-to-face. Sometimes it can take a month to get a decision one way or the other.

If a bank loan is really what you want and you’re not after instant money, then applying for a loan with a bank is fine. It may not be the ideal route for everyone though.

In the case of an emergency or some other urgent need, quick cash is what you’ll want. Smaller lenders offer same day loans and fast cash loans, where the application and approval process is lightning fast. This puts the cash in your bank account almost instantly upon signing the contract.

Consider the Terms of the Loan

How long you get to pay off a Personal Loan can depend on several factors, such as the amount you wish to borrow, the terms the lender offers, and how long you would like to pay it off. Keep in mind that the longer you take, the more interest you’ll pay over the life of the loan. On the plus side, longer terms lower your weekly or fortnightly repayments, making them more manageable and easier to budget for.

Larger loans from a bank might give you the option of between 1 and 7 years to pay out the loan, whereas with private lenders offering smaller loans, the terms could be somewhere from 3 months to 24 months to repay the borrowed amount.

The Wrap

Once you have a fair idea of how much you wish to borrow, how quickly you need the money, and how long you’d like to have to pay off a loan, the easier it will be to seek out the right lender for you. It’s always wise to consider your options and requirements first and not rush into a financial commitment. Talk to the team at Cashify and discover how we can help you with a Personal Loan that suits your needs.

Benefits & Features of a Cashify Personal Loan

By | Personal Loan

A Personal Loan is a type of cash loan that can fund any personal expense. From wedding expenses to home renovations, Personal Loans relieve you of the stress of running short on budget. The borrowers have the freedom to spend the amount of loan as they like. Unlike some other types of loans, Personal Loans from lenders like Cashify are fast and easy-to-apply for.

Read on to find out everything you need to know about a Cashify Personal Loan:

Cashify Personal Loan Features

  • Loan Type: Unsecured Loan for personal expenses
  • Loan Amount: $500 to $10,000
  • Debt Maturity: Cashify offers flexibility in the term of a Personal Loan. Generally, the term is 3 to 12 months long.
  • Establishment Fee: Cashify Personal Loans that are under $2,000, have an establishment fee equal to 20% of the loan amount. For loans over $2,000, the establishment fee is $370.
  • Monthly Fee: The monthly fee of Cashify Personal Loan is 4% of the loan amount. The monthly administrative fee of the loan is $10.
  • Cashify Personal Loan is one of the most flexible repayment loans. It offers weekly and fortnightly repayments of the loan.

Benefits of Cashify Personal Loan

If you need extra money to meet sudden expenses, you should consider a Personal Loan. From unexpected travel costs to consolidating debt, whatever the reason, a Personal Loan may assist with your financial situation. Find out below, what makes Cashify Personal Loans a great option for personal financing:

No Need for Collateral
Cashify Personal Loans are unsecured loans, which means you do not need to provide any security to Cashify. This type of loan does not require any collateral, like a car, to secure the loan. Lack of collateral is one of the top benefits of Cashify Personal Loans.

Cash Transfer in 30 Minutes
Cashify not only offers flexible repayments, but it also offers quick cash Australia-wide. Once you have signed the contract, Cashify transfers the amount into your bank account in 30 minutes. The contract has to be signed between 9am–9pm on a business day for this offer.

Easy Application
Cashify offer easy, hassle free Personal Loan applications through their online form. You do not have to visit face-to-face to apply for the loan. You can apply online for the loan easily from the comfort of your own home.

The Flexibility of End Use

Cashify put no restrictions on how you spend the loan. Unlike Home Loans or Car Loans, Cashify Personal Loans give you the freedom to use the money in any way you want.

Cashify is a Personal Loan provider that offers you with quick cash in Australia for your financial needs. When used wisely, a Cashify Personal Loan can provide for the shortage in your budget. So, reach out Cashify right now for flexible repayment loans.

How a Personal Loan Can Be a Good Option

By | Personal Loan

Are you looking for quick cash?

Do you want to avoid borrowing from the big banks?

Do you need some help in covering some unexpected costs?

If you have answered ‘yes’ to any of the questions above, then you have come to the right place. Whether you need quick money for your dream wedding, much-needed holiday, vehicle or house repairs, there’s a great solution for you – Personal Loans. Loan providers offer same-day cash with a Personal Loan which can be used for most needs. By applying for a Personal Loan, you don’t need to save for months or even years before you can buy the latest TV or upgrade your car.

Personal Loans in Australia are extremely easy to apply for compared to conventional loans. While it is important for you to consider all options to solve your money problems, Personal Loans can be very beneficial in many circumstances. Here’s why a Personal Loan could be a good option for you.

They are Versatile

Unlike Car Loans or Student Loans, Personal Loans can be used to fulfil a variety of purposes. From planning your dream wedding to paying for medical emergencies and even car repairs, a Personal Loan is there to solve your monetary needs.

They Offer Decent Rates

Compared to credit cards and loans taken from other financial institutions, Personal Loans typically carry a lower interest rate. Credit cards can be better for a very short-term solution, but in the long run, a Personal Loan can be the cheaper option.

There are Many Personal Loan Providers

It may be easy to find a Personal Loan provider, however it is important you do your research into finding a reliable lender. In addition to traditional lenders such as banks and other financial institutions, many Personal Loans can be sourced from an online loan provider which makes the application process much more convenient. By applying online for a Personal Loan with a lender like Cashify, you can get $1,000s transferred into your bank account within just 30 minutes of signing your approved contract between 9am–9pm AEST on business days.

Repayments Remain the Same

The repayments of Personal Loans remain the same throughout the duration of your loan and are usually either weekly or fortnightly depending on your agreement. Since the interest rates on Personal Loans are fixed, you are required to pay the same amount every repayment cycle. Not only does this make it easy to budget for, but it also gives you a clear goal with no surprises.

You Can Get the Exact Amount You Need

If you are looking for a specific amount to meet your financial needs, a Personal Loan is a great option for you! Whether it’s a small $500 or a larger amount like $10,000, lenders let you apply for the exact amount you require. By only borrowing what you need, this will ensure that you aren’t overspending and attracting higher fees.

If you don’t have an emergency fund or savings stored away for life’s moments like a wedding, holiday or home updates, a Personal Loan may be the perfect choice for you! Cashify offers you a very convenient and fast way to get cash in your account today. Apply now for an instant Personal Loan with Cashify today.

5 Advantages of Applying For a Personal Loan Online

By | Personal Loan

Looking for a way out of a financial emergency but don’t want to borrow money from friends or family? The answer could be a Personal Loan. You could borrow thousands today which could pull you out of a financial emergency almost instantly!

Whether you’re trying to get funds for your wedding, a holiday or even a vehicle, a Personal Loan has the potential to help you muster up cash instantaneously. Technology toady makes it super easy, safe and convenient to get a Personal Loan online. There are many Personal Loan providers in Australia that offer the luxury of an online application, making the process much easier for you.

Here are a few benefits of applying for a Personal Loan online.

No Collateral Required

One of the biggest benefits of applying for an online Personal Loan in Australia is that you do not require any collateral as security on the loan. Since there’s no collateral, you don’t risk losing any of your valuable assets if you fail or miss a repayment.

Easy to Access

It is super easy to apply for a Personal Loan online; you just need a laptop or mobile, decent internet connection and a few documents. You can apply through a simple form on the website which prompts you to fill out your personal details, upload a photo of your ID, bank statements, payslips etc. Once you have completed your form, the lender will digitally review your documents and application.

If you meet the criteria, you will automatically become eligible for a Personal Loan. This process doesn’t take more than a few moments. While most banks and big financial institutions can be very strict when it comes to lending, private lenders review applications on a case-by-case basis and consider each on a more personal level.

Easy to Track Loan Status

When it comes to banks and other financial institutions, it can be difficult to track the status of your loan. However, an online Personal Loan is super-convenient and easy to track. You will be updated on the status of your loan via email and SMS. Throughout the loan period, you will also receive repayment reminders and notifications if a repayment has been missed. You can also request information from your lender such as your outstanding balance, interest, etc.

Lower Interest Rates

When borrowing, it is always advisable to pick an institution or lender providing lower rates. While banks and other institutions have more or less the same standard rates, with online Personal Loan providers, you often have the flexibility with rates reflective of your personal situation. Depending on the purpose and duration of the loan, online loan providers can offer some great rates, helping you save money in the long run.

Faster

The best thing about getting a Personal Loan online is that you can have the money in your account quickly from anywhere at any time of day. Simply sign your loan contract online between 9am–9pm on business days and you could have the cash in your bank account within 30 minutes!

Conclusion

You don’t have to save for years to make that dream purchase anymore. Now, you can apply for a same-day Personal Loan with Cashify and the cash is yours! Cashify offer a world of benefits, including minimal documentation and super-fast processing. With Cashify, you won’t have to worry about a thing!

What Can I Use A Personal Loan For?

By | Personal Loan

Personal Loans are versatile and can be used for a variety of financial needs, from life’s big moments to unexpected surprises. Some loans are specifically designed for one particular financial need. For example, a Student Loan helps you pay your education fees and a Car Loan is designed to help you purchase a new or used car. Most Personal Loans can be used for just about anything. The lender might need to know what you plan to do with the loan. However, as long as you want it for a safe and legal reason, you can spend it as you like.

Below are the top reasons Australians choose to get a Personal Loan:

1. Holiday Loans

Holidays can sometimes stretch the budget, especially if you are planning a honeymoon, a family trip overseas or a luxury cruise. This is where Holiday Loans in Australia can help upgrade your trip into a memorable one. Remember, you do still need to pay back the loan, so it’s important to only borrow as much as you need.

2. Wedding Loans

Weddings are expensive and can add unnecessary stress to an otherwise happy moment. Wedding Loans can be used to hire a reception venue, order the bride’s dream dress or purchase wedding rings. They can also help cover other expenses like photography, flowers and the wedding cake. If you do not want your savings account to run dry, consider a Wedding Loan, so you don’t have to compromise on your dream wedding. It is always wise to use your savings primarily and just top it up with a loan when required to keep your interest fees low.

3. Medical Loans

Medical bills and expenses are one of the most common reasons everyday Australians need a Personal Loan. A variety of medical treatments like emergency dental, sports injury, fertility treatments and other surgeries can cost you thousands. Additional expenses like medications and aftercare can further increase the expenses. You can finance all of these expenses with Medical Loans in Australia so you can focus on your health and recovery.

4. Home Renovation Loans

Personal Loans are also a great option for remodelling your home. Home Renovation Loans help you redesign your living space exactly how you like, without compromising on style. Home improvements like installation of solar panels, renovating your kitchen or patio, or even putting on a new roof can be all covered using a Personal Loan. Why not consider boosting your renovation budget and achieve your dream home.

5. Emergency Loans

A very popular form of Personal Loan is a same-day Emergency Loan, which covers unexpected expenses like repairs, funerals, emergency family visits and vet bills. Emergency Loans allow you to have cash in your account within just 30 minutes of signing your contract, so you can urgently transfer the money where you need it.

Personal Loans are a great way to finance different types of expenses. Cashify can help you cover costs from life’s happy moments to those surprise emergency situations. Apply now for a Cashify Personal Loan and you could get the money in your bank account within 30 minutes of signing your contract.

Top 6 Things to Consider Before Applying for a Personal Loan

By | Personal Loan

Do you need cash in a hurry? Perhaps you have an emergency health bill due, your trusty car has broken down, or you may just need some extra money for a family holiday, or to help plan your dream wedding. There are many ways to get fast loans, but you need to take the time to research what is involved. This article shares 6 tips you should know before applying for a quick Personal Loan.

1) Do you really need a Personal Loan?

There are many reasons why you might need access to hassle-free cash quickly. Firstly, consider jotting down those reasons and thinking them through before approaching the loan firm. Is your reason for quick cash urgent? If you need to pay off a bill, try contacting your provider first to see if you can work out a payment plan. Or if you’re on Centrelink, you may be able to receive an advance. Personal Loans can be a great way to keep on top of your finances, get you out of financial trouble and help make big ticket purchases. However, you should always remember to seek responsible financial advice.

2) Prepare your financial documents

Make sure you are prepared. Ensure you have all the necessary documents like identification, as well as your recent employment and financial records available. This will enable you to submit your documents easily and receive your cash quickly.

3) Understand your credit rating

Talking through your credit rating with your lender, is very important. If you do have a subpar credit rating, it is best to find out the reason why and see if it can be rectified easily. If you have a bad credit rating, you may want to consider another loan option such as a Pawn Loan, which does not require any credit or employment checks.

4) Research which lender is right for you

It’s important to look for a lender that suits your financial needs. Check the types of loans these lenders provide and see what type of paperwork they require. Research feedback and reviews from previous customers so you know exactly who you are lending from. Also check where they are based. It can be beneficial to borrow from an Aussie lender as they can be easier to contact and more trustworthy.

5) Borrow no more than what you need

It is essential to know exactly how much you need to borrow. To avoid challenges down the road, only borrow exactly how much you genuinely need. Personal Loans are designed to be the best option for those needing cash for an immediate cause.

6) How long will you have to pay back the Personal Loan?

Discuss with your loan provider the loan terms and conditions that best suits your situation so that you can keep up with repayments. It is important to determine whether your income will sufficiently cover your repayments while also covering day-to-day costs. If you need to, choose a loan with a longer repayment period and smaller instalments.

By following these six steps, finding a quick Personal Loan will be a lot less stressful and you’ll be able to achieve a great solution to your financial problems. Browse our website or get in touch today to find out more information about our Personal Loans.