PAYDAY LOANS
Get $2,000–$5,000 instantly with Cashify!*
Need cash in a hurry or have an unexpected expense? Whatever you need it for, Cashify is here to help with $2,000–$5,000 payday loan transferred instantly into your account!* Read More
Looking for Payday Loans?
Need cash in a hurry or have an unexpected expense? Whatever you need it for, Cashify is here to help with a $2,000–$5,000 payday loan transferred instantly into your account!* Read More
Payday Loans snapshot
Fixed rate
48% p.a.
Loan terms
3-24 months
Instant cash transfers*
Unsecured loan from $2,000 to $5,000
Ideal for urgent weekend loans, debt consolidation, household appliances, technology updates, travel, car upgrades, caravan loans and more
Easy online application
Flexible repayment options
Borrow from a trusted Australian owned and operated lender
Personal Loans snapshot
Fixed rate
48% p.a.
Loan terms
3-24 months
Instant cash transfers*
Unsecured loan from $2,000 to $5,000
Ideal for emergency expenses, debt consolidation, household appliances, technology updates, travel, car upgrades and more
Easy online application
Flexible repayment options
Borrow from a trusted Australian owned and operated lender
No hidden fees or charges
At Cashify, we know the importance of being honest and upfront with our rates. It’s all here, with no nasty surprises…
| Loan Amount | $2,001 to $5,000 |
| Loan Type | Unsecured |
| Loan Term | 3 – 24 months |
| Loan Rate | 48% p.a. |
| Repayment Options | Weekly, Fortnightly or Monthly |
| Establishment Fee | $370 |
| Other Fees That May Apply | Dishonour Fee: $15 |
| Timings | Receive the money in your bank account instantly* if you sign the approved contract between 9am–9pm on business days |
No hidden fees or charges
At Cashify, we know the importance of being honest and upfront with our rates. It’s all here, with no nasty surprises…
| Loan Amount | $2,000 to $5,000 |
| Loan Type | Unsecured |
| Loan Term | 3 – 24 months |
| Loan Rate | 48% p.a. |
| Repayment Options | Weekly, Fortnightly or Monthly |
| Establishment Fee | $370 |
| Other Fees That May Apply | Dishonour Fee: $15 |
Frequently asked questions about Payday Loans Australia
Getting an instant Personal Loan can be simple! Below are some of the more common questions answered, however if you still have a question, check out the FAQs page or send us a message.
What’s the application process?
To apply for a Cashify loan, simply fill out the easy application form here. Our application forms are 100% online and we are unable to take applications over the phone or email.
The application form will require personal information, including proof of ID, employment, income and bank statements to verify your financial situation.
Once you complete the application form, you will receive an email to confirm we’ve received your application and it is being reviewed by our loan assessor. You will receive an email once a decision has been made.
Once your loan has been approved and you have signed a digital copy of the contract, we’ll transfer the full amount of your loan as cash into your nominated bank account.
Am I eligible for Payday Loans?
To apply for a Cashify loan, you must:
- Be 18 years or over
- Be an Australian citizen or permanent resident
- Be currently employed (see details below)
For a Personal Loan from $2,001 – $5,000, you must also:
- Be currently employed Full Time, Part Time, Self-Employed or Casual
- Centrelink must not be your main source of income
Cashify is a responsible lender and we only lend what we believe you can comfortably afford to repay. All applications are subject to eligibility criteria including credit approval. Other terms and conditions may apply.
What can I use the money for?
Almost everything! You can use your loan for any occasion. The most common reasons for a loan are debt consolidation, home improvements with renovation loans, getting a short term holiday loan, planning a wedding, or for medical or family emergencies. Whatever you need it for, Cashify can help!
How quickly can I receive the money?
Once your Cashify loan is approved, the money will be transferred to your bank account instantly* if you sign the approved contract between 9am to 9pm on business days. Otherwise the loan will be processed on the next business day. Depending on your bank’s clearance times, you could receive the money in your account within minutes.
What information do you require?
Cashify requires some personal information from you when you are applying for your loan. This will help us confirm your identity, understand your financial position and ensure you can afford to repay your loan comfortably.
Identification
Provide ONE of the below forms of identification:
- Australian Driver Licence Number
- Australian Passport Number
- Australian Medicare Number
Residential Details
Provide details of your current address
Employment & Income Details
Provide proof of your current employment, including:
For Full Time, Part Time and Casual Employment, you must provide a copy of:
- Two of your most recent consecutive computer-generated payslips
- Bank Authentification via a Secure Portal, or most recent bank statements covering the last 3 months
For Self Employed or Contractors, you must provide a copy of:
- Most recent Notice of Assessment
- Bank Authentification via a Secure Portal, or most recent Business and Personal Bank Statements covering the last 3 months
Expenses Details
Provide details of any extra income, Government Assistance and current liabilities, loans and expenses
Referee Details
Provide details of a friend or relative in case we can’t get in contact with you
Instant cash transfers,
Receive the money in your bank account instantly* if you sign the approved contract between 9am to 9pm on business days.
Top reasons why people apply for a loan
Top reasons why people apply for a loan
Cashify offer a range of unsecured personal small loans for just about everything! Whatever you need the cash for, Cashify can help… From debt consolidation to home renovations, or purchasing a new car to dental work or even a holiday!
Click below to find out more about what short term loans we provide.
Payday Loans Don’t Have to Mean Exorbitant Interest Rates
Let’s face it, payday loans have had a bad rap in recent years, and for good reason. Some unscrupulous lenders allowed customers to borrow money way beyond their means and charged them exorbitant interest rates for the pleasure of doing so. They encouraged them to take out more and more loans until eventually they had no way to pay back the money owed as their payments didn’t even cover the interest!
But taking out a payday loan doesn’t have to be a slippery road to continual debt when they are issued and used responsibly.
Payday loans in Australia were originally introduced to provide a small sum of money that would be borrowed for a short period of time – really just to ‘tide you over’ until your next paycheck arrived. You would then pay back the money you borrowed from your next pay check. It, therefore, stands to reason that payday loans provided money that was needed urgently but for a short period of time.
However, these short-term loans didn’t come for free, they were usually accompanied by a sky-high interest rate. If you didn’t know, interest rates are generally higher when you borrow small amounts of money compared to those applied when borrowing larger sums, and so the interest charged on a payday loan can be quite significant.
So unless you need a small amount of money for a short period of time and you’re going to pay it back and not borrow more, for many people, a better option would be to take out a personal loan. This is especially true if you want to finance a major purchase or need money to pay off existing loans for debt consolidation.
In any event, if you do need to apply for payday loans online, be sure to do your research carefully. Australian payday loans are now regulated. You cannot borrow more than $2000 per loan and administration fees are carefully controlled. So make sure that you’re not paying more than a 20% establishment or administration fee and a monthly loan fee of 4%. You may also want to check that the initial interest rate you’re given will stay the same throughout the duration of the loan and that it won’t increase if interest rates go up or for any other reason.
A Great Alternative to Payday Loans in Australia
If you do need money quickly, you may want to consider taking out a personal loan with us here at Cashify Loans. We offer personal loans which can be paid back over just 3 months. This can give you more breathing space to sort out your finances. We can provide a great alternative to instant approval payday loans that can see the money being deposited in your bank account within 24 hours. Of course, you’ll need to meet our criteria. As a responsible lender, we have a duty of care to do our utmost to ensure that taking out payday loans in Australia won’t cause you financial hardship in the future.
To apply for a payday loan online, you’ll need to complete our online application form and prove you’re eligible for a loan. You’ll need to be over 18, a citizen or resident of Australia and have regular employment. We’ll carry out a number of checks to ensure you are who you say you are and to verify your income. You may find that we cannot offer you the full loan amount requested if your income and outgoings mean that making the repayments may prove difficult.
Once your loan has been approved and you’ve agreed to our terms and conditions, you’ll receive the money in your bank account within 24 hours. And then, you can use the money in whatever way you please.
Of course, sometimes we have to turn people down for instant payday loans in Australia but if that happens to you, we’ll let you know as quickly as we can. We’ll tell you why we can’t lend you money at this time and give you advice on how you can improve your financial situation so that you can borrow money at a future date. The last thing we want to do is to make your financial situation worse by adding further debt that you may find difficult to pay back.
Make an Application Now if Your Want the Best Payday Loans in Australia
Applying is very straightforward. Simply follow the instruction and complete the application form. As an Aussie-owned and operated lender, we aim to provide the best payday loans Australia has available, without all the negative connotations and bad press. You can see all our charges and fees clearly displayed on our site and you can rest assured that once we’ve agreed on a fixed interest rate, it won’t change throughout the term of the cash loan. And, if you can pay back your loan early, we won’t charge you an exit fee.
Apply today and you could have the money you need within 24 hours! How’s that for service?
If you have any questions, check our FAQs or send us a message
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