Category

Personal Loan

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.