$50 to $5,000 paid out today!

247 Online Payday Loans

Fast 3 to 36 month online loans.


100% No obligation loan quote


Get your cash in 60 minutes once accepted*


We don’t credit check or charge any fees†

November 19, 2020

Online Payday Loans 24/7— Send in Your Application Anytime

247 Online payday loans  are accessible 24/7 and may be a lifesaver for people in need of some extra cash fast. Weekdays or weekends, day or night, these loans are available for you to send in an application any time. However, when you need to get access to cash fast, payday loans may not be the only choice available for you. You’ll find that personal loans will do the job as well. MagicLoan is here to help you look at all your possible options.

MagicLoan is a lender finding service. As such, we don’t offer any financial advice. You can, instead, seek out independent professional legal, taxation, financial and other expert advice so you can compare the information we discuss here in relation to your own financial circumstances.

Payday loans available 24/7

You have probably heard about a payday loan before. But there’s a chance that you might not really know what they are or what they involve. Not to worry— we’re here to fill you in on the details.

Payday loans are credit facilities that are offered by payday lenders with a loan amount of up to $2000. They are often available online and are known for their short repayment terms from a few weeks up to a few months. Payday loans are ideal for customers that don’t want to have to deal with long-term commitment and are usually designed to make it easier for borrowers to manage those emergencies when they need fast access to instant cash.

Note that the 24/7 tag for these types of loans pertains to the accessibility of the loan in terms of the application process. This means that it doesn’t matter the time of day or the day of the week, you can send us an online application. However, lenders do tend to have their own regular business hours and will only likely assess your application during these times. This means that while you can apply for a loan beyond their business hours, you may have to wait until the next working day to get an outcome.

All in all, a payday loan is a short-term, small loan that is generally offered online, designed to provide borrowers with quick access to cash.

247 payday loans

You can get cash in minutes with 247 payday loans. No credit check, no faxing of documents, just an easy way to find money when you need it most.

The customer service reps are very helpful and willing to go above and beyond for their customers, so you’ll be able to make your payments on time without any problems.

online payday loans

Internet payday loans are a quick and easy way to get cash when you need it. The best part about them? They’re available 24/7, which means that no matter what time of year or how busy your schedule gets, there will always be an option for getting some extra money in minutes.

The option to take out an online payday loan is available only in certain states and not all customers will qualify. Check with your local credit union or bank first before applying for this type of funding because there may be rates that are more competitive than those offered by some national lenders like Lending Club

Need a loan today? Apply online!
Bad Credit Payday Loans

What does MagicLoan do?

Now is probably the best time to let you get to know us better, MagicLoan is an Australian lender locating service.

We’re not a lender per se and we do not lend our own money but instead work with a panel of reputable lenders to find the most suitable loan for your circumstances. When Australians need access to extra funds, we are the bridge that connects them to lenders within our network that can offer them personal loans. To make the process convenient and hassle-free, we have streamlined the application process and we may even get you matched with the right lender in just 60 minutes!

Whilst you may be purposely looking for payday loans, what we really aim for at MagicLoan is to have you matched with lenders that will offer personal loans. Whilst there are similarities between the two, it’s important to be aware of their many differences. Read on and we’ll get you up to speed with everything you need to know. You might even find that an unsecured personal loan is just the ideal choice for you.

Personal loans vs payday loans— Getting to know the differences

Whilst it’s true that both of these loans can help you manage those financial emergencies, there are a number of differences between them. These are:

Loan amounts

Typically, payday loans are best for covering those little expenses that come up when you have no extra funds to cover them. In addition, payday loans will usually be capped at $2000.

In comparison, a personal loan can be as little as $300 but can also be as high as $10000. This means that for those situations where you need funds to cover a rather sizable spending, personal loans may be the more ideal option.

Repayment term

Payday loans or Same day bad credit loans are known for their short repayment term. In most cases, they need to be repaid within just a few weeks or months. Meanwhile, personal loans, have repayment terms of 12-24 months. This means that you’ll enjoy the benefits of being able to spread out the repayment figures so you’ll pay a more affordable monthly repayment. However, this also means that you will have to ensure a longer repayment term.

Fees and rates

Credit contracts below $2000 are capped in Australia. This is in terms of the fees and the rates they are attached with. This means that lenders have the freedom to charge the maximum fees for these types of loans. Still, there are those lenders that will charge less.

Just remember that charges and fees for loans that are more than $2000 can vary considerably.

Can I get access to 24/7 payday loans despite my bad credit?

The increased presence of non-traditional creditors is good news for the lending community. In the past, traditional lenders and banks tend to be cautious about who they lend money to and are likely not to offer any loan contract to borrowers who are unemployed or have bad credit. Today, however, things are considerably different.

Whilst there are no guarantees for approval, it is very reassuring to find that there’s a rise in the number of online creditors who are more than happy to offer loans for bad credit borrowers.

Our partner lenders aren’t keen on focusing too much on the borrowing mistakes you made in the past. Instead, they will look into your current situation instead, to get an idea of where things stand as far as your finances go. They will more likely focus on your current income, your budget, and how much your day to day expenses are in comparison to the amount that you are earning.

Of course, considering how there will be a much higher risk for bad credit loans, most lenders are likely to balance this out by attaching much heftier rates and fees.

Can I sign up for no credit check payday loans or cash loans?

Whether you’re looking for emergency cash loans or personal loans, there are lenders that will choose to get your application assessed without carrying out a credit enquiry.

Different lenders carry out loan assessments differently. Whilst there are those that will carry out credit checks on every single loan application they receive, there are also those that will not. It depends on the specific policies that each lender implements.

This is the reason that MagicLoan is unable to offer any guarantee that the lender you will be paired with isn’t going to conduct a credit enquiry or not.

Even when a creditor will perform a credit evaluation, there’s more to their loan assessment than just your credit score. Our lender partners will also consider your expenses, current income and your present employment when making a decision. This ensures that they will have a clear grasp of what specific loan you can comfortably afford.

In summary, there are lenders that will offer 24/7 payday loans without a credit check. Most will perform a credit evaluation. At the end of the day, it is every lender’s discretion.

Easy lending access with 24/7 loans- payday

In today’s world where things are digitised, access to online financing has been made so much easier. These days, if you ever need to apply   for payday loans, you can do so 24/7. All you need is access to the internet and you will find that the lending world is going to be readily accessible for you.

However, you’ll find that directly going to Google to find the names of potential lenders can lead to considerably overwhelming results. After all, there are hundreds and hundreds of lenders out there. When you’re not sure which creditor to refer to, being bombarded with such an overwhelming number of options can be very confusing.

This is where our lender locating service at MagicLoan comes in. We aim to simplify the whole loan application process so it will be easier and more convenient for you. All you need to do is send us a single loan application and we will work towards finding the perfect lender for you. Depending on when you send in the application, we can get you paired with a potential lender in no time. More importantly, it is free to sign up.

MagicLoans eligibility requirements

Before sending us an application, see to it that the following requirements have been met:

  1. 18 years old or older;
  2. A permanent resident or citizen of Australia
  3. A working bank account with a banking history of at least 90 days.
  4. A working phone number and email address for communication purposes

Apply at MagicLoan — Important Information

If you think that MagicLoan is the right lender locating service for you, you can send out an application. We only need some key details and the whole process could be finished in just a few minutes. After all, the whole process is only going to require a few steps: 


To start the application, just access the loan slider right at the top. Input the specific loan amount you want to borrow and put in your preferred repayment term as well. Make sure to fill in any pertinent details that the form requires and then click submit.


After the application has been filled out, our intelligent system will then try to match you with a lender that will have a loan available for you. If you send in your application during business hours, it may only take an hour for you to get an outcome.

We’ll get in touch

Whether we can locate a lender that can assist you or not, we’ll let you know of the outcome. If we get you matched with a lender, they will then contact you so they can carry out the assessment process and decide whether they can offer you a loan or not.

Emergency loans— Get quick access if you need money or cash ASAP

If you find yourself in need of a small loan for an unexpected expense, you’ll want to refer to creditors that can assist you and get your funds to you fast.

Whilst payday creditors are known for getting outcomes quickly, you’ll find that the same is true with personal loan creditors as well.

If you need to locate a lender fast, MagicLoan can help you. Instead of spending hours looking around online for potential lenders and sending an application to each one, all you need is a single application for MagicLoan.

We may get you matched with a lender who has the right loan products for you in just an hour. From there, the creditor is going to contact you to proceed with assessing your application. They will then let you know of the outcome. 

Once you get approved, the funds will be transferred to you by the lender after you sign the loan contract. Whilst there are several factors that will play on when exactly you will get the loan funds, you may be able to get access to your cash on the very same day you have sent out your application

Do I get access to instant cash for 24/7 instant payday loans?

Unfortunately, regardless of the type of loan you wish to apply for, whether it is payday or personal loans, there will always be processing times.

Whilst it’s true that lenders tend to advertise instant loans, remember that this isn’t literal. The ‘instant’ phrase here has to do with the fact that your cash loan will get assessed so fast it might actually feel as if it has been processed and approved instantly.

The reason is that in Australia, every loan is subject to assessment in order for lenders to comply with the necessary obligations they are required to observe. Lenders are expected to take the necessary steps in properly verifying where customers’ stand financially to decide whether the loan that will be offered to them is going to be well within their means to repay or not.  

Sometimes, you might come across lenders that will offer a guaranteed approval to any loan application. Steer clear from their path. There’s a reason that proper lending practices exist and that is to keep you protected at all times. This also ensures that you will not end up getting access to loans that you don’t even have the means to pay back.


Short Term Payday Loans

Can I get weekend payouts for a payday loan?

Whilst there are payday lenders that will advertise their services to offer 24/7 payday loans, getting the funds paid out on a weekend may not always happen.

This is because even when you get a weekend application assessed and then approved, you have to remember that you will be subject to interbank transfer times.

Whilst your lender may get your funds transferred right after the loan has been approved, banks will generally not really get the transfer done on weekends. This is because they tend to stick to their respective business hours when carrying out processes kike these. In most cases, you will generally have to wait until the next working day to get your funds.

Are 24/7 online payday loans ideal for me?

At MagicLoan, we cannot really say which type of loan is going to be ideal for you. The best payday loan is one that’s appropriate for your specific objectives, need, preferences and circumstances.

Whilst payday loans can be a choice you can consider whenever you need fast access to cash, their rather very short repayment period and the limited amounts they will allow you to borrow may make them less than ideal an option to everyone.

At MagicLoan, our goal is to get you matched with the right lenders offering personal loans. Personal loans, unlike payday loans, tend to be available at a much larger amount. They also come with significantly longer terms.

If you really want to find the right loan product that is best for you, it is essential that you first take a look at all the pros and the cons of each of the loans available for you. Consider your present circumstances and then make the decision based on which one you think is going to be most ideal for you.  

Should you decide that a personal loan will be the most ideal option for you, MagicLoan’s lender finding service will make the whole thing easier and more convenient for you. You can send us your application today!

How do I carry our comparisons for 24/7 payday loans?

Before signing up for any loan, you need to get your homework done. Always remember that in the end, finding the right loan is your responsibility. To help make it easier for you to carry out these comparisons, take note of the following factors:

  • Repayment terms: With payday lenders, you will only get a repayment period of a few weeks. Personal loans, on the other hand, will allow you to repay the loan back for a longer period. Consider your present circumstances and decide which one works best for you.
  • Fees and rates: The fees and interest rates of the loans will determine how much you are going to repay, along with the principal amount. You want to find lenders that offer you the most competitive fees and rates.
  • Assessment process: There are creditors that may not carry out any credit enquiry when deciding whether or not to approve your loan application.
  • Reviews: Find out what kinds of experiences other borrowers had when referring to these lenders in the past. This will give you a good idea of how well or not these lenders treat their customers.  

Alternatives to payday loans— Why choose MagicLoan?

MagicLoans lender finding service makes it so much easier, more convenient and hassle-free to find a potential creditor that can offer you access to the extra funds you need. You get to experience a breezy application process and an equally fast outcome. It wouldn’t even take you a full day to send in an application and get a result. Whilst these are significant benefits you can expect, you’ll find that there are a ton of other upsides that you can expect if you’re going to refer to MagicLoan’s lender finding services. Among these are:

Data security

To ensure that your personal and financial details shared with us will remain secure and safe at all times, we have tapped tech giants McAfee and Comodo. Their job is to keep our system protected at all times so you can trust that all of your information will be sound and safe.

Available 24/7

You can apply for a loan via MagicLoan because our website is available 24 hours a day, 7 days a week. Whether you’re at home, at work or on the go, you can send in an application any time. All you need is a device that will let you access the internet. Do remember that sending an application beyond our business hour may mean that your assessment will have to be delayed and your outcome may be generated on the next working day.

Trustworthy lenders

We have partnered with reputable and licenced lenders that offer personal loans. They are all compliant with responsible credit practices so expect that they’ll always do what they can to offer the best to our users.

Reasonable repayment terms

When you decide to apply at MagicLoan, you can put in the repayment period that you find most ideal to your current situation. Depending on the amount that you are taking out, the repayment period can be within 12-24 months. You also have the option to pay monthly, fortnightly or weekly this makes it easier to choose the best arrangement concerning your present circumstances.

Transparency matters to us

We have designed our process so you know exactly what’s going to happen for every step of the process. Every lender within our network believes in the same principle as well. This is why when you are offered a loan, every detail of the loan agreement will be fleshed out. This ensures that you will know exactly what is involved— there will be no hidden charges.

What if I cannot afford my repayments?

If you ever find yourself in a tight financial situation where you find it hard to repay the loan— you may have lost your job or got into an accident— consider signing up for financial hardship. Your lender should offer this.

Lenders are generally equipped to tackle situations like these. They should be able to help you secure an arrangement that will make it possible for you to address the situation. The application should go as follows:

  • Inform your lender of your situation and what specific hardship you are experiencing.
  • Provide the necessary supporting documents including proof of termination from your job or medical certificates.
  • Wait for the lender to consider your situation, evaluate your documents and assess the application.
  • Once approved, your lender may alter your repayments or will even get it put on hold to give you enough time to get your finances back in order.

Get in touch with us today!

If you have any questions, concerns and queries, just direct them to hello@magicloan.com.au. Our friendly customer service team will make sure that you get a thorough and prompt response. Do note that our emails are only monitored during business hours. If you email us outside our regular working hours, expect that there may be delays to the response and you will likely get an answer on the next working day.

Also, bear in mind that MagicLoan is only going to answer questions that are related to our business and the lender locating services we offer. Any questions pertaining to your loan will need to be directed to your lender 

Send your application today!

Send your application with MagicLoan today!

Want to know more about MagicLoan? Get the latest news and updates from our social media platforms.

MagicLoan.com.au (Credit Representative Number - 535991) which is an Introducer Appointed Representative of Marketplace Finance Pty Ltd (Credit Representative Number: 487316).  

MagicLoan is not a lender and does not make credit decisions. MagicLoan matches customer applications with lenders in our network based on the information provided, in exchange for a commission paid by the lender for advertising services provided. There is no guarantee that you will be accepted by a lender or that you will be offered terms suitable for your financial needs. Not all lenders will be able to provide amounts up to $5000. The time required to process and transfer the loan varies by the lender. This website does not directly endorse any particular product or service. Any information on this site should serve as opinion only. As a condition of extending credit, some lenders you may be matched with may run a credit check from a credit reference agency. Late or missed payments may be subject to increased fees and/or interest rates.

1. Subject to application being approved by the lender. Not all lenders are able to provide up to $5000

2. Subject to lenders requirements and approval. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures. 

Consumer Advisory: MagicLoan is a loan matching service. This site will submit the information you provide to a direct lender. Upon loan approval, a direct lender may require further information from you which will be collected after we transfer you to their website or they may contact you via phone or email.

All applications will be subject to credit checks and affordability assessments in line with responsible lending. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. Not all lending partners offer up to $5,000 loans, and not all applicants will be approved for their requested loan amounts. Loan repayment periods vary by lender also. Lenders may use collection services for non-payment of loans.

Not all borrowers will qualify for a loan, the operator of this website does not engage in any direct consumer lending, we simply provide a FREE loan matching service to the public. To operate this service we receive a commission from the lender we refer you to.

Auto Decisioning allows lenders to make a decision on your loan application without the need for human interaction, for more information please contact your lender or see their privacy policy.