No Credit Check Loans Guaranteed Australia is there such a thing?

Worried about your bad credit rating? Looking for Guaranteed loan approval Australia? Concerned your chances at getting approved for credit are low because of your poor credit history? Are you having second thoughts on future plans because you’re afraid you might not get access to the funds you need?

Have you stopped yourself from planning that holiday that you have always wanted to take because you’re worried that your credit record might lead to you getting rejected if you try and take out a personal loan to fund your holiday expenses?

But please be wary of no credit check loans guaranteed Australia as unfortunately nothing is guaranteed in life and certainly not when it comes to borrowing money.

If you’ve been trying to find lenders that can offer small loans to borrowers despite their less than perfect credit scores, MagicLoan may just be what you’re looking for. Where traditional credit unions, lenders and banks are likely to turn your application down because of the financial mistakes you have made in the past, the lenders we work with may be able to offer you loans of up to $10000.

We understand how hard it can be to get access to bad credit loans and many borrowers in this situation usually feel the weight of the world on their shoulders. Read on and find out how we are the best choice out there when access to bad credit loans is what you need. However Guaranteed loan approval Australia is not something we can offer.

If I can’t get a guaranteed loan approval Australia what lenders can help?

You’ll find that whilst there are certain advantages attached to dealing with certain lending providers, there will always be some downsides as well. When looking for loans for bad credit borrowers, there’s a very good chance you’ll come across adverts claiming they can offer guaranteed approval for bad credit borrowers or 100% guaranteed loan approval Australia.

While you are likely to gravitate towards these types of loan offers especially guaranteed loan approval Australia, that seem to guarantee that you will be provided the funds you need no matter what, it is actually a red flag. It is a sign that there may be something not quite right with the lender offering the product and due diligence is required.

Remember how people usually say that anything that seems too good to be true probably is? well guaranteed loan approval Australia definitely is

It is very much the same with guaranteed approval loans. Sure it does seem very reassuring when you hear lenders seemingly offer guaranteed loan approval Australia, these are the very types of loans you should avoid at all costs. Sending an application to MagicLoan instead is the simpler and safer choice!

Can I get access to personal loans despite my bad credit score?

If you’re worried that you’re the only one having to deal with issues concerning a bad credit score, you’re not alone. Many Australians do share the same predicament as you and just like you, they too share the same sentiment that they might not get approved for credit just because of their bad credit score.

Fortunately, we’re not like any traditional lender. MagicLoan specialises in helping borrowers find lenders that can offer them the type of credit they need no matter their credit score. This means helping you find lenders willing to offer bad credit loans.

When assessing your application, we don’t just focus on your credit score. Whilst credit checks are indeed part of the processes that they will likely carry out to assess your application, it is not the sole basis on whether they should approve it or not.

This means that they will consider a variety of other factors including your spending habits, your income as well as your current financial commitments. This makes it easier for us to ascertain whether or not you can afford the loan. Provided that we are able to get all this done, bad credit history doesn’t have to mean you not getting access to credit at all but what we do not offer is guaranteed loan approval Australia.

Stay away from no credit check guaranteed loan approval Australia 

At MagicLoan, we’re all about finding new and better ways we can help people get access to the extra funds they need as efficiently and as fast as possible . In the past, you would normally have to wait for weeks before you can find out whether or not your personal application was approved. Our team will be there to help you not just find potential loan providers who are willing to lend to bad credit borrowers but also make sure that these are legit providers we are partnering you with and not shady loan sharks offering guaranteed loan approval Australia.

Having been in the business for quite some time, you can trust us when we say there is no good that will come out of you seeking out lenders that specifically offer second chance loans guaranteed  approval or loans no credit check. What you should do instead is to look for lender locators that have been in the market for quite some time and know the ins and outs.

Instant guaranteed approval loans are very tempting but refer to us instead. We’re all about finding the right lender while also making sure that you are referring to legit providers and you know what to look for when choosing one— from checking if they hold a valid credit license, doing some much-needed due diligence and also assessing that they are offering you a reasonable loan amount, one that you will not have a hard time paying back later on.

Need access to bad credit loan?

While it can be quite unfortunate to end up with a bad credit rating, it’s something that is likely to happen to almost everybody at some point. But it is something you should not be beating yourself up over. You’ll be surprised how many other Australians are in the same predicament as you. More importantly, this isn’t reason enough to prevent you from applying for loans intended for bad credit borrowers but be mindful of anyone offering guaranteed loan approval Australia so they do not exist.

At MagicLoan, we couldn’t care less about the mistakes you’ve made in the past that’s now reflected on your credit report. That is in the past and we believe that as time changes, people and their circumstances change as well. There is just no reason that you should continue to suffer from the bad financial decisions you made then.

Along with our panel of direct lenders we have partnered with, we care more about the manner in which you have managed your funds and your debts at present. After all, how you have been faring at present will have more weight among lenders who are willing to offer a bad credit loan to you— and are a way for them to assess whether or not to approve your application, our lenders will not offer you guaranteed loan approval Australia.

Do I qualify for bad credit loans with MagicLoan?

Before you can send us an application, you must first meet the eligibility requirements we have set.

To qualify, you must be:

• No younger than 18 years old
• A citizen of Australia or at least a permanent resident
• Reachable via a working phone number or valid email address
• Receiving a regular income for the last 3 months into a bank account under your name

If you have met all of these requisites, then you are more than welcome to send us an application for a bad credit loan.

What personal information details do you need from me?

Even more good news for you is the fact that we have made our application process easier, quicker and streamlined. This means that we won’t need any unnecessary paper forms and documents from you. We’re all about getting things more convenient for you. All you need to do is make sure to show us the following:

• Proof of identification— just so we can verify you and get to know you
• The name of your place of work and its address
• Your myGov details, if you’re a Centrelink recipient
• Your online banking information to allow us to check not only your income but also your expenses
• Reasons you’re applying for a loan

After your application has been submitted, we will then work towards finding lenders offering bad credit loans & unsecured loans. What’s even better is that you won’t even have to wait that long to get paired up with a lender.

Bad credit loans— What are they?

Bad credit loans will be such a lifesaver especially when you’re in a tight financial spot. Do understand, however, that it’s important to identify legit and credible lenders offering bad credit loans from those that are advertising guaranteed loan approval Australia for bad credit.

We don’t want our borrowers to end up in a trap like a guaranteed approval loans (which don’t exist) which is why we only partner with lenders that offer real bad credit personal loans.

We know too well how stressful things can get when sending in a loan application. This is more so when you’re a borrower with bad credit history. It is for this reason that we have chosen to work with lenders that are known for their flexibility.

These lenders are also realistic and hence will not offer any guaranteed approval for the bad credit payday loans they offer. This is a sign that they are indeed legitimate and credible so you can feel assured when getting paired with one.

If you’ve been having a tough time getting approved for credit by going the traditional route, there’s a very good chance you are fed up and are just about to give up. Don’t just yet!

We will do our best to look for partner providers that will be more understanding of your plight when offering emergency loans to you. We aren’t like banks that will reject your application just for the fact that your credit score is less than perfect. The lenders in our network are known for being able to provide legit loans that are intended to meet the needs of real people.

While your credit score is an important matter to us, it isn’t the sole basis on how we decide whether to approve your loan or not. Those missed payments from a few years ago aren’t something we’re going to be hung up on.

What matters to us is the amount that you’re earning now and how well you’re able to manage your income these days with your expenses taken into consideration. Your past credit records are best left to where it is meant to be, your past. It shouldn’t keep you from getting access to much-needed finds now via bad credit loans.  

Very bad credit loans guaranteed approval Australia

Alarm bells!!! No lender in their right mind would lend anyone money with very bad credit or offer extremely bad credit loans as this would be financial suicide, all our lenders need to carry out their due diligence to ensure the customer can afford to pay back the loan, you may even hear the phrase second chance loans guaranteed approval Australia and as romantic as this sounds its not something we can help with. What we can offer is bad credit unsecured personal loans with very fast approval decision sometimes within minutes, bit this is only after our lenders have assessed your application.

How to apply with MagicLoan

Sending an application via MagicLoan is all online! You won’t need to leave the comfort of home just to send in an application to us. Below, we have detailed the following steps when sending in an online application.

Step 1. Submit your application online for credit loans Australia guaranteed approval

To start your online application, all you have to do is access the loan calculator at the top of the page and pick out the type of loan you’re interested in. After you’re happy with the terms of the loan, just click Apply to get started.

Step 2. We will send your credit loans application to our lenders guaranteed approval

You’ve done the work, now it’s our turn! We will be taking over from here. After we get your application, we will then have it submitted to the lenders in our network. Our team of specialists will see to it that we can find the best lenders to match you with. Once we have found an ideal match for the type of loan you need, we will then get you connected with them.

Step 3. Read the contract and review it

If we successfully get you matched with a lender, an electronic copy of the loan contract will then be sent to you. Make sure to read its content and review everything before approving it. Always pay close attention to what the terms and conditions say before approving the contract. Make sure that you understand the charges, and fees involved and what are the penalties in the event that you pay late. Only affix your e-signature when you’re happy with every single detail.

Step 4. Get your cash!

Expect the new lender to get your funds transferred straight to your nominated bank account. If you have an Osko or NPP enabled bank, you may get the funds in your account in just an hour. If not, then expect the payment to be transferred overnight or on the next business day. If the payments have been sent beyond business hours then it may take one day more to get transferred to your account.

Bad credit loans explained

Bad credit loans are intended for people whose credit ratings are less than stellar. Compared to traditional lenders and banks that are likely to turn down a loan application from a borrower with a less than perfect credit history, MagicLoan works with a network of online lenders that don’t consider credit score as the be all and end all when deciding whether or not to approve a loan application. Our lender partners will not punish you for past financial transgressions. Instead, their loans are tailored to meet the needs of real people. Despite being able to offer bad credit loans these differ from guaranteed loan approval Australia which you must be wary of.

Securing a short term loan when your credit is bad seems next to impossible. But there are lenders out there who would be willing to offer you one. While it is true that these types of loans can be such a lifesaver when times are tough, you shouldn’t forgo doing some much-needed due diligence to ensure that you’re dealing with reliable lenders and that they can offer the type of loan that is ideal for what you need.

At MagicLoan, however, you can trust that the lenders we are in partnership with are known for offering real personal loans that will be ideal for borrowers with bad credit ratings.

Costs associated with personal loan or bad credit loans

At MagicLoan, we’re all about making promises we can actually keep. Since we are a lender locator and not an actual lender, we will not make any promise guaranteeing the approval of your loan application. We can, however, help you get connected with the right lenders that can potentially offer the most ideal bad credit loan for your present need, we could even help with short term loans with low interest rates

Still, we always advise our borrowers to take the time to read their respective loan contracts and to pay close attention to the details. This is essential since the document will likely include relevant details concerning the loan costs.

You can also access the MagicLoan loan calculator as it can be a handy tool that will help you learn more about the costs involved with personal loans.

Why should I apply at MagicLoan?

Customers across Australia take advantage of our lender locator platform to help them find the right lenders with the right loans every day some even offer online loans 247 for your convenience. We appreciate the feedback they provide us considering how much they appreciate the streamlined loan application process. Below are just some of the many reasons that it is worth sending a bad credit loan application to us:

• Our loan application process is quick and easy and can be easily completed within a few minutes.
• You can send in your application without having to leave the comforts of home as it is 100% online.
• There is no paperwork for you to fill out and no documents that need sending. The supporting documents we require can be sent to us in digital format.
• After we get your application, we can get you connected with the right lenders fast.

Regardless of how your loan application turns out, trust that we will get the outcome delivered fast. This means you will not be left wondering for weeks to find out exactly how you have fared.

Quick and streamlined service that does not beat around the bush— this is the service you can expect from MagicLoan.

Ready to send in your application?

If you’re hoping to get as much help and guidance as you can in going through the whole process of finding the best loan providers that can afford quick approval to borrowers with bad credit and can answer your questions such as what is a 1 hour loan?, then we are the best choice there is!

Just to make sure you’re caught up in the most important details, you can send in your online application to us anytime if you are at least 18 years old, you’re an Australian citizen, you have a working phone number or a valid email address and you have a source of income.

Also, always remember to steer clear from lenders that offer guaranteed approval. Just send in your application to us and we will make sure to find the most suitable provider for the type of loan you need, regardless of your bad credit history.  

Never let unexpected money issues to stress you out or even prevent you from pushing through with your plans. Apply with MagicLoan today and we’ll do the best we can to locate a lender for you. 

Acquiring a Loan Despite Having a Bad Credit Score

Bad credit loans are usually required once you have a bad record with your past payments, it can put a limitation on your life future transactions since most businesses are checking your capacity to pay based on your payment history. Here in Magic Loan, we understand that having a bad credit score in the past might be a result of an unavoidable situation over which you have no control. We will not use your credit score to further aggravate your unlucky situation as we practice human compassion. That’s the perfect time that a bad credit loan can be of great help. We allow borrowers to have a $10,000 credit loans maximum without any hassles.

Loan Types

A bad credit loan has 3 types. Below are the loan type and the corresponding amount range intended for each type.      Loan                  Type Amount                      Term     Small                  $300 – $2,000                       12 months     Medium              $2,100 – $4,600            13 – 24 months     Large                  $5,000 – $10,000           13 – 24 months  

Application Procedure

1. Fill-up the online application. For faster transactions, Magic Loans provide an online application form to make it convenient and easier for borrowers to submit a payday loan application. Give your correct data as these details will be used and to avoid future conflict. 
2. Evaluation. After submitting your online application, you will get the result in an hour.
3. Read and sign the agreement/contract. If your loan application is approved, we will send you a contract that you need to read and sign. Ensure that you have fully understood the agreement found in the contract. Once done, you need to send back the contract to us
4. Get your money. Upon receiving the contract with your sign, we will send you the money through instant transfer direct to your account. You will receive it as fast as 60 seconds.

Bad Credit Loans Eligibility

For you to be qualified for a bad credit loans, you should comply with the following:

• Ages 18 years old and above
• A permanent resident or Australian citizen
• Has a regular income in months
• Must provide a phone number including an email address
• Has an online banking set-up for online money transfer.

Personal Requirements

There is personal information that Magic Loan requires from the borrowers in processing their bad credit loan application that they need to submit online. Here they are:

• Your details such as name, address, birthday, etc.
• Your contact information such as your phone number including your email address.
• The purpose of your loan
•  Your myGov details when you have Centrelink benefits
•  Employment records and online banking details

FAQs on Bad Credit Loans

If you want to know more about bad credit loans, we have compiled the Frequently Asked Questions (FAQ) below that can also help and guide you in answering your questions.

 

What does it imply in case you have bad credit?

Bad credit means you have a bad credit score. A credit score is a number from 0 to 1200 that is calculated by the credit bureau.  Each score has a piece of credit information that contains previous credit or loan applications, repayment records, present debts, and defaults. Therefore, a bad credit score is due to delayed or non-payment, bankruptcy, defaults, etc. In Australia, 550 is the average credit score. So, it means that a below 500 credit score is already viewed as bad credit.

How would I know my credit score?

You can request a free yearly copy of your credit report to check and know your credit score rate in the following credit reporting bureaus:

• Ilion (previously known as Dun & Bradstreet)
• Equifax (originally named Veda)
• Experian

What is a bad credit loan?

Negative as it sounds, but a bad credit loan is a positive one. A bad credit loan is a loan for those who have a bad credit score. This means that the lender will assess you on your current financial status and not from your bad credit score in the past months or years.

Who can apply for a bad credit loan?

Here at Magic Loan, we allow all Aussies to apply for an instant cash loan. We provide quick and hassle-free cash loans to anyone whether they have a good financial status or a bad credit score.

Is there a credit check when you apply for a bad credit loan?

Yes. We perform a credit check on all eligible applicants and contact them to comply with the responsible lending obligations implemented by ASIC. This is only one of the procedures that we perform in our fair evaluation and review process. We only check and focus more on the spending habits and present financial status of the borrower. 

How long will it take to get the money from the loan?

Getting a loan at Magic Loan is fast and easy. The majority of approved best applicants were able to get money within the day right after they apply. But this will depend on other factors such as the day you applied. During business hours, a loan application can only take an hour, and once approved, you can take your money in a minute via instant transfer.

Uses of Bad Credit Loan – Get Help

You can use your loan for whatever purpose you may have. On the other hand, if you don’t have any idea on where to use it, below are the things to where you can use your bad credit loan:

• Vehicle maintenance
• Leasing bond
• Furniture or goods purchases
• Healthcare fees
• Travel expenses
• Emergency expenses
• Debt payments
• Property restoration

Ways to Improve Your Bad Credit Score Status

 It will require some time to boost your credit score. Fortunately, there are some ways and tips on how to achieve it.

• Pay your bills on time or before their due date
• Pay all of your credit balances
• Reduce your balances on your credit cards in months
• Control the number of your loan applications
• Always look at your credit report and search for errors to resolve them instantly

Speak to Us!

Magic Loan is happy to answer all of your questions regarding bad credit loans. You can contact us through our customer support department during business hours, Monday to Friday for a prompt reply to your inquiries, concerns, etc. Also, feel free to check our website http://magicloan.com.au for more information.

Loans for Centrelink Customers

If you are a Centrelink recipient, you can potentially take out Centrelink loans and borrow a maximum of $10,000 and that amount will be directly deposited into your bank account. Repayment terms can vary from 16 days up to a year.

At first glance, a payday loan might look like an easy and quick fix for whatever emergency financial woes you are dealing with. However, it does come at a cost with high fees being attached. Read on to find out more about it and what to expect if you should decide to take out instant cash loans on Centrelink.

Need access to extra funds and you’re currently receiving Centrelink payments? It’s your lucky day. We work with a variety of lenders who happen to look at Centrelink benefits as just another source of income that qualifies for Centrelink loans. This means that the lenders in our network may allow you to choose from the three types of loans that are available for those borrowers that are currently on Centrelink.

This includes:

 A small unsecured loan of $300-$2000
 A medium secured loan of $2001-$4600
 A large secured loan of $5000-$10000

This means that whatever type of loan you need, we at MagicLoan may just find you the right lenders and quote that can get your loan request approved and get your funds deposited direct to your bank account. Consider us your new financing best friend as we offer Jobseeker support, Family Tax A & B, Disability income, Youth allowance, and Carers income among others.

Centrelink Loans or Pension Loans— What exactly are they?

Centrelink loans are an option that people on Centrelink benefits can go for if they ever find themselves in need of credit. In some cases, some people call this loan an age pension cash loan. It is a personal loan and it is generally available from $300-$10000 in most cases.

How do Centrelink loans work— A step by step guide to people

Interested in how the loan application process works? Here are some easy to follow steps for you.

Check your eligibility

You need to be of proper age before you can take out a loan and in this case, you should be no younger than 18. In addition, you will need to be receiving regular income for at least the last 3 months. Your income should be received through your bank account. It is important that you are an Australian citizen and you will need to have a valid email address or a working phone so reaching out to you regarding the status of your application will be easy.

Apply online for instant cash

It’s easy to apply for an instant cash loan. Just go through our secure and streamlined application process so we can then get your application sent to the lenders within our network who happen to offer the types of loans, you are interested in and qualified for.

Attach an asset to secure the loan if taking out a larger amount

If you intend to take out a large loan amount— say $2000 or more, you may be required to secure it with an asset, this will not be classed as Centrelink loans.

Get loan approval within 60 minutes

Once your loan gets approved, the lender will get in touch with you via phone, email, or SMS. The funds will then be directly deposited to the bank account you have nominated in your application within the next 24 hours.

Loans for Centrelink recipients

Worried about your almost empty wallet? You can easily change that by taking out one of the supersized loans offered by some of the leading lenders in Australia. We will search from our trusted panel of lenders to find the most competitive Centrelink loans same day!

What is a Centrelink loan?

A Centrelink loan for jobseekers comes with a variety of names. Many refer to them as loans intended for Centrelink recipients, salary loan, payday advance, small-dollar loan, payroll loan, cash advance loan, or short term loan. No matter what the loan term though, it is a small loan that is unsecured and paid within a short term. The loan also doesn’t exclusively mean getting repaid by being linked to the payday of the borrower.

Centrelink Loan

Centrelink loans are one way to get the money you need, without taking out a loan from a traditional bank

A lot of people have questions about this type of financial assistance so we’re going over what they do and why it might be worth looking into.

The Australian government provides financial assistance to those who need it through Centrelink Loans. Qualified applicants can a $1,500 Centrelink loan  without any interest charges or late fees if they are claiming Centrelink benefits

Can you offer fair loans for Centrelink customers?

Of course, all our lenders are regulated and offer loans based on your circumstances, ie if you can’t afford the loan they will not lend you them money, however if you are a Centrelink beneficiary and your credit score is ok they will offer reasonable rates. They will not offer guaranteed approval loans for bad credit applications Centrelink as no one can offer a small online loan guaranteed.

One thing some of lenders can offer also if you are on Centrelink benefits

• Loans for pensioners on Centrelink
• Weekend loans for Centrelink
• Centrelink car loans
• $50 loan instant Australia Centrelink

 

Emergency Cash Loans

We all know the feeling of not having enough money in your bank account, and that’s why we created Emergency Cash Loans which is essentially the same as Centrelink loans. With an easy application process (in as little time possible), you can get funds deposited directly into your or someone else’s account within 24 hours.

Our service gives people who are struggling with their finances access to emergency lending solutions so they don’t have long gaps between pay days because it only takes minutes before approval is granted when applying online today.

What if you needed money and didn’t have any options? The emergency cash loan is a lifesaver, especially for those who are in an urgent situation. It can be used towards anything from unexpected medical bills to personal debts like credit cards or student loans; we offer flexible repayment plans as well.

What are payday loans?

These loans are generally taken out by borrowers to help them make ends meet until they will get their next paycheque. It is also referred to as a short term loan. Loans to payday are most useful for those people that need quick access to small sums of money and want to get the amount paid off within a short time. As the loan name implies, the amount will need to get paid off on your next payday.

Centrelink income loans

In need of a Centrelink loan but worried that receiving Centrelink benefits as your main source of income might get you rejected? Just send in your application today via MagicLoan and expect a quick decision. The lenders within our network will accept Centrelink as your main source of income when reviewing your application.

Financial challenges are something that almost everybody encounters at some point in their lives. This is especially true for those leading an average lifestyle. It could be due to emergencies where unforeseen expenses arise and one doesn’t have enough saved up in his bank account to cover the expected costs.

This could come in different forms too, such as a sudden job loss, an emergency car repair, or even an emergency medical condition. While most people would readily turn to friends and family in the hopes that somebody within this circle who is in a better financial standing can bail them out, there may be instances when they cannot offer the financial support you require for situations like these, the most ideal route to relieve you of such a financial dilemma is to take out a short term cash loan.

Centrelink loan application

If you’re not confident about qualifying for a loan or a credit, it doesn’t hurt to contact any potential lender to ask ahead of time what their specific loan requisites are. This is a good chance for you to determine whether or not you have a full grasp of the fees and other costs attached to the amount you intend to borrow. You can also use this chance to assess whether these costs are actually worth it.

A potential lender is also able to evaluate your current situation before you send in a credit application. What’s even better is that they can give suggestions and advice so you’re not just better prepared for the application process but that your chances of getting approved for Centrelink loans will be considerably higher as well.

It’s also important to not skip the terms and conditions and to make sure that you have a good grasp of what they stipulate. With this, you know exactly what you’re getting into before signing up for any type of cash advance.

Additional information on Centrelink payments and loans

Centrelink loans should be considered as a means to get access to funds for people with low income and are currently receiving benefits from Centrelink. Your qualification for this type of loan will rely heavily on whether or not a lender considers it as a regular form of income. If you have bad credit and you need access to cash and are on Centrelink, you may want to consider going this route too.

These loans are also an option for people that need Centrelink loans and are currently receiving Centrelink payments. Centrelink loans or pension loans are ideal for low-income borrowers.  You may be eligible to take out a payday loan even if you want to one on Centrelink payments.

The type of loan you’ll be offered will depend on whether or not your lender of choice happens to consider Centrelink as a regular income. Consider applying for this loan too in comparison when you need access to fast cash and your credit is bad if you are getting Centrelink benefits.

The Centrelink Master Program or Centrelink is overseen by the Department of Human Services or DHS. It aims to extend financial assistance to Australians from a variety of financial situations. They offer benefits that are aimed at assisting those recipients in the lower-income bracket to make things easier for them when experiencing transitional periods in life.

These benefits are especially aimed at the unemployed, financially struggling families as well as the unemployed. Even indigenous Aussie and disabled people are also under the program.

There are always going to be situations when you will need extra cash, especially if you’re earning barely enough, to begin with. Individuals in these situations, especially those that are relying mainly on Centrelink benefits may find things even doubly difficult.

People like these who are earning a significantly lower-income that need instant cash will usually find it hard to get approved for credit. If you happen to find yourself in the same situation, what’s the best thing you can do?

Centrelink FAQs

How do I reach Centrelink

You can get in touch with Centrelink by visiting any of their social branches or via social, phone or email.

Why is my Centrelink online account suspended?

There are a number of reasons that your online Centrelink application is suspended. For instance, you may have failed to comply with their terms of use, you are ineligible, or if you engaged in any unauthorised transactions. However, if you believe that your account was incorrectly suspended, make sure to contact Centrelink as soon as possible.

Is it possible to take out an online loan when I’m on Centrelink?

There are lenders that are more than happy to approve loan applications of borrowers on Centrelink. However, before approving the credit application, they will first take into consideration the benefits you are getting and what specific total of your income will be considered in qualifying for the loan.

If you’re on Centrelink benefits and unemployed, always consider alternatives before taking out a loan. In most cases, taking out a small amount isn’t always the ideal solution for your financial woes.

You can always connect with the DHS to see if you can potentially take an advance on the Centrelink benefits you are receiving. Checking out the MoneySmart website by ASIC is also advised to give you a better idea of how credit works as well as other pointers to help you make informed decisions.

How can MagicLoan help?

MagicLoan is a lender locator that functions by getting the borrower’s information matched with potential lenders. All you have to do is send in an application and things one application will give you access to a variety of lenders offering a wide range of lending products and services to applicants.

However, going for bad credit loans isn’t always a good choice. Short term loans will cost you more and will likely not be ideal for your current financial state. This is the reason that MagicLoan recommends that you consider other alternatives such as the ones discussed above.

Small Online Loans

Small loans are one of the types of a short term loan up to 2,000. Small loans are generally for people who have bad credit with a repayment term of 12 months and are often processed quickly. Magic Loan helps to find lenders who are willing to provide small loans of up to 2,000 dollars in a short term. 

Do Lenders Offer Small Loans With Bad Credit?

Although in the past lenders avoided loan applicants with bad credit but not anymore, now the answer is yes, lenders often offer small loans to individuals with bad credit. They tend to consider bad credit consumers’ applications by being more understanding of your situation. 

Lenders now look at the long term benefit instead of being focused on the bad credit situation. They will look at the credit history of an applicant but they would also consider your income and expenses, using the balance to determine if you would be able to make prompt repayment of your small loans.  Consequently, if you have a secured financial record, with bad credit, you may still get approval for small loans despite your past credit mistakes. 

You should note that not all lenders are the same, your chances of getting approved for a small loan depends on the lender. 

Small Loans For Bad Credit; How To Improve Your Credit Score. 

To avoid depending on bad credit loans, you need to improve your credit score, which may take more time. Your credit score shows the record of your debit history. Thus, if you have made some borrowing mistakes in the past, it would reflect on your credit report for about seven years. 

However, if you can continue to make improvements in your credit management habits, though it may take a long time, it would improve your credit report as well. 

Take note of these steps to improve your credit score; 

• Pay your bills when due and pay them in full. 
• Let your credit card debts be at the lowest.
• Only take credit when you need it.
• Ensure you are checking your credit report consistently to detect and avoid incorrect listings and other errors.

Bad credit startup business loans guaranteed approval Australia

With our bad credit startup business loans, you can get the funds to start your own venture. We offer guaranteed approval for Australia-based entrepreneurs.

No matter what your financial situation is, a bad credit startup business loan can help. We have Australia-wide approval for people with low self-esteem and insufficient income who want to start their own small company or just improve themselves in general.

Small loans

When it comes to small loans, we have a wealth of knowledge. We offer competitive interest rates and flexible repayment options that can help you get out of difficult situations without having to take on more debt than necessary, all while maintaining your credit rating.

Fortunately, there are several lenders who offer small loans. These can help you get the cash without having a huge amount of paperwork or being pre-approved for one of those new credit cards with an annual fee.

Can I Get Small Loans Without A Job?

Some lenders may be willing to offer small loans to unemployed individuals, but there is a condition attached. 

For your small loan to be approved, you may need to present proof of earning a certain scheduled amount of income regularly in any form. Although it may not be considered as salary or wages, it could be a type of benefit payment or even rent payment received regularly.  If you can’t provide this, you would not be considered eligible for a small loan after submitting your loan application, because lenders need to be certain that you can repay the money they lend to you. 

For some lenders even if you can prove regular income while unemployed, they may still not approve your small loan application. Lenders consider small loan applications from unemployed individuals as high risk and may be unwilling to offer any product of small loans, however there are a few that offer loans for the unemployed

 

Can I Get Small Personal Loans On The Same Day Of Application?

At Magic Loan, we work with a good number of lenders who offer same day loans. To get your small personal loans approved on the same day you applied may not be possible, but you can however take a few steps to increase your chances of getting approved quickly enough. 

Firstly, you must ensure that you apply during business hours. By doing this, you may get the chance to be paired as fast as 60mins after application with a lender.  You can also make sure that you supply all the details required of you during the application promptly so that your application processing can go smoothly.  After your application is approved, you’ll be transferred your loan in cash. Interbank transfers often vary in time hence you may not be able to immediately access your money. 

If your loan application processing runs without a hitch then you may be able to access same-day small loans. But, since different factors are involved, it is better to consider a 24hours waiting period.  

What are the expenses I can cover with a small personal loan in Australia?

Small quick loans can cover most any form of personal expenses. You only have to provide a legitimate reason for applying for a small loan. Then, your small loan application will be accessed and you will be able to get a response. Some of the major reasons for getting a small loan include; 

• Maintenance for cars, service, and repairs
• Household renovations, decoration, and repairs
• Travel and vacation loans
• To consolidate debts
• Utility bills
• Medical including vet bills
• Rental bond

Lenders that offer the best small personal loan in Australia

Magic Loan may not be able to say which lenders offer the best small loan quickly. We work with a large network of great lenders, but the best lender for you may not be the best for another individual. 

However, if you’re looking to get a quick small loan, submitting a small loan application to  Magic Loan would be the most convenient option for you. We will ensure that you are paired with a lender as fast as possible to get you the quick small loan of your choice.  Our lenders have Australia Credit Licences which means that you would get fair treatment. Because, basically we want our users to enjoy the best experience, so if you’re looking to get a quick small loan, apply today. 

How can I access low-interest small personal loans? 

After your small loan application has been assessed and approved, then your loan contract would show your interest rate. Your interest rate would determine the amount required to pay in addition to the principal amount of your small loan, hence a lower rate to your interest is to your advantage. 

Thus, if you would prefer to get a low-interest rate, here are a few things you must do; 

Firstly, by proving that you have managed your previous loans effectively, this means you have a sound credit history and would encourage lenders to offer you lower rates since you have proved that you make your repayments promptly. 

Secondly, you may choose to secure a small loan with your asset. Securing your loan with your car, your property will make lenders more comfortable to borrow you money, knowing that if you fail to make repayments, they can recover their money from your property hence reducing risks on their side and be able to offer your competitive rates. 

However, Magic Loan cannot guarantee that these options would give you lower rates. Your lender and their policies would determine your interest rates. 

Do any lenders offer easy small loans?

Lenders differ in their strictness in terms, this means that some lenders that don’t have strict terms may be willing to provide easy small loans quickly to individuals that are in unfavorable circumstances. This includes, for example, borrowers who have bad credit, individuals who receive benefit payments, and low-income earners. 

However, all loan applications are to be assessed, including people in these circumstances. So, even with lenders who are more considerate of your situation, approval is not certain. You must meet the lender’s requirements to be eligible before you can get any of their small loan products. 

Are instant small loans possible? 

The answer is yes, instant small loans are possible. Although there are a lot of lenders who are willing to offer instant small loans but first you must understand what an instant small loan means.

You will not get your small loan in cash immediately after you apply, because, in Australia, all loan applications are subjected to a mandatory assessment. This loan application assessment allows lenders to determine your eligibility for credit and enables them to offer loan contracts that meet the borrower’s needs after checking through your financial situation.  With this process, it shows it would require some time. 

Instant loans are considered as the loans that you receive a response very quickly that it looks like no time was spent at all, that is there’s no waste of time in your application processing and assessment. Instant loans take no time and are efficient. 

Small payday loans

Lenders who are into payday loans are very fast, offering cash loans of 300 dollars to 2,000 with one-year terms of repayments. Their business thrives on giving fast outcomes to small loan applications. Payday loans are provided to enable you to get by before your next payday, since it involves a small cash amount, and a short term repayment time, you can get the cash you need for your immediate needs and repay your debts quickly. Magic Loans work with lenders who are specialized in personal loans and also lenders who deal with small loans. Thus, if you apply, you get paired with potential lenders that offer you the needed cash loan. 

Can I find small loans, with no credit check? 

People who have poor credit history are concerned with no credit check when they search for small loans. Hence, this set of people may be more inclined to consider applying for payday loans with no credit check. Some lenders however require a credit check as part of their loan applications assessment policies.

Magic Loan can only find you a lender, we cannot guarantee that you would be provided with a small loan without a credit check. Please note that we are committed to working with lenders that are interested in looking beyond your credit rating. That is, lenders are more interested in how you manage money presently. Lenders specifically take into consideration your banking history, your regular income, and your expenses before they give you an outcome. 

All Magic Loans partners are professionals and would consider all necessary factors to determine your eligibility for payday loans in Australia. 

Find Small Loans Lenders With Magic Loans

Small loans are generally cash loans with short terms, you may consider a small loan if you encounter an unexpected expense that disrupts your budget. Magic Loans finds and pairs you with a credit provider or lender. You may be receiving Centrelink or have a bad credit history, we may still be able to find you a lender. Also, Magic Loans can find lenders that offer medium, large personal loans that amount to 10,000 dollars. 

Payday loans are the best option for individuals looking for loans under 2,000 dollars. 

Is Magic Loans for me?

Magic Loans work to help anyone pair with a licensed lender. Simply put, all over Australia, Magic Loans has helped people find suitable lenders. The table below illustrates the type of loans from our network of lenders and their range. 

Small loans	Amount	Approved
Small loans for Centrelink consumers	300 AUD ($)	✓
Quick small loans	1200 AUD ($)	✓
Small cash loans with bad credit	2,000 AUD ($)	✓

Disclaimer; Kindly note that these examples illustrated above are just samples not certain that you may be offered a loan. 

Small Personal Loans Australia: Find lenders with Magic Loans. 

Magic loans make loan applications easier by helping out Australians trying to search for small quick finance throughout Australia.  We help to find licensed and professional lenders who offer small personal loans to bad credit individuals and provide Centrelink customers with unsecured loans. In short, Magic Loans can find you, lenders that will provide you secured personal loans from 2,100 dollars to 10,000 dollars, we find you, lenders, when you need them most. 

Reasons To Apply

Many reasons could come unexpectedly in your life and you would need cash to get through, like sudden damage to your property that needs urgent repair, medical bills, an accident, and so on. Let Magic Loans help you cover up for the difference by getting you a quick small loan from a lender. 

How Magic Loans Work

In short, once you apply, we get to work by finding you a lender. 

With microloans which are up to 2,000 dollars with a term of 12 months repayment time, you can access the cash now and spread payments over 12 months.   Note that you don’t need any paperwork to apply. Also, Magic Loan may be able to get you a lender that offers instant loan application outcomes.  After approval, your lender will contact you to show you the repayment terms. 

How Magic Loans Finds Lenders Offering Small Loans Quickly

Magic Loans lender-finder service can help to fast track applications for a small loan. Here are the steps; 

1. Fill our loan application form online
2. We’ll check through our network of lenders to find you and an available credit provider
3. If it is successful, your lender will access your loan application and contact you to make an offer
4. You proceed to start dealing with your lender from there

Magic Loans is the fastest means of getting a lender. 

Where Can I Get Small Loans? 

You may apply for small loans in banks but you would need a solid credit history to be eligible for a personal loan from any bank. 

You may also apply through a short term lender. Short-term lenders generally have flexible criteria for assessment and they process loan applications faster. Depending on the lender and your situation, you may be able to access small loans the same day, after you agree to the loan contract.  By using Magic Loans to find a lender, you bypass the stress of finding a lender. After you apply, you’ll be paired with an available lender in our network and these lenders will then process your application based on their terms. 

If you want more information, you could apply for a medium potentially. 

How Can I Get Approved For A Small Loan?

As a credit provider, they are required to lend consumers money responsibly. Lenders would have to look at your normal budget, to consider your ability to repay even though you borrow a small amount.  Keep in mind that Magic Loans is not a credit provider. Consequently, the lenders are responsible for accepting or declining your small loan application. Also, each lender has different small loan application assessment procedures and criteria.

Is It Hard To Get A Small Loan?

Small personal loans are generally unsecured loans, hence being of greater risks to the lender. Using your property as security may help you to get your small loan application approved as you are taking out a loan against your assets.  Because attaching security reduces the risk on the part of the lender.  Since lenders are different, so are their criteria and assessment for loan application décline and approval. In case your loan application is declined, you may consider getting in touch with them. 

Micro Loans Are In High Demand 

Microloans are also a form of small personal loans and they are becoming well known in Australia. The very high demand is not a surprise, consumers are applying online and getting a fast outcome. 

Who Is Eligible For Apply?  

To apply for small personal loans, you must be above 18years, be a citizen of Australia, or a permanent resident in Australia. You would need a valid address and mobile phone number.  Lastly, you must have been a regular recipient of any form of income for 90days before or more than into your bank account.  Please note that, even if you qualify for an online application, it does not guarantee that your loan will be approved. 

Can Magic Loans Help Me Find Small Loans With No Credit Check?

If you are concerned that your bad credit may affect then you need to look for loans that do not require credit checks. Lenders who offer no credit check loans conduct their assessment based on your income and expenses and not your credit history. Magic Loans as a lender finder can not say whether a lender will do a credit check. However, we guarantee to pair you with lenders who may be willing to look into your current money management. Meaning, with or without a credit check, such lenders may be able to look past poor credit history. 

Can Costumer Find Small Loan Lenders On Centrelink? 

One can be able to assist people who are recipients of Centrelink benefits to borrow short term small personal loans. Loans offered to customers of Centrelink are small cash loans that can be repaid from Centrelink benefits. Magic Loans will find you lenders that will take Centrelink payments as a regular income. 

Does Magic Loans With Lenders Who Offer Quick Loans? 

At Magic Loans, we can find lenders who are willing to instantly process your loan application that it seems like there’s no waiting time. Once you approve the loan contract, fast small loans are instantly transferred into your account. Usually, you should be able to access your cash loans in 24hours in your bank account, waiting 24hours is advised due to inter-bank transfers. 

Can We Find Lenders That Offer Small Loans For Bad Credit In Australia?

Magic Loans work with some lenders who offer small loans to borrowers who have bad credit. Both Magic Loans and these lenders are interested in giving second chances.  Thus, if you have been declined for credit in the past, you should consider using Magic Loans for your next small loan application. We work with certain lenders who may be able to approve your loan application despite the bad credit. 

Do Magic Loans Offer Small Car Loans?

Magic Loans does not offer car loans. But, consulting with our lenders’ network, we may be able to find you some lenders who are willing. Thus, you simply need to submit an application and let our automated system take over. Within 60minutes you would be paired with a lender. 

You may find some lenders who are willing to offer you car loans from 5,000 dollars to 30,000 dollars with two to five years repayment terms. 

Small Business Startup Loans

Small business startup loans in Australia may be the best option for people looking to start a new business venture. 

You can borrow the money needed for you to start your business and as your business expands, you can make repayments until you are debt-free. To lenders, offering small loans to start a new business is high risk because there’s no means of determining if your business will succeed. For this reason, lenders may require that you pay a higher interest rate or you secure the loan with your asset.

What are the possible costs?

Magic Loans lender-finder is totally at no cost, whether you can match with a lender or not, you may also decide to cancel at any time. After you submitted an online application with Magic Loans, we would scan through our large network of lenders to find you an available loan provider that suits your needs. Since each lender is of a separate entity, the cost of your small loan cannot be guaranteed by Magic Loans. 

The cost of your small loan is ultimately determined by your lender and the amount that you borrow. However, some lenders may also charge a monthly fee or establishment fee. 

Transparent Terms

Your lender will be open with the loan terms in your contact. Although the fees differ according to each lender and the type of loans whether it’s an unsecured small loan or secured large loans. 

Because Magic Loans are only a lender finder, we cannot say how much the charges on your loan would be. In your loan contract, lenders would disclose all charges. Also, you may look into the page that outlines the cost of your loan on the lender’s page. If you have further questions about your loan terms, you should contact the lender directly.  Micro Loans, fast outcomes shouldn’t be a problem Don’t bother about online charges, physical meetings, and phone calls. These are additional benefits of an online application when you submit your loan application to Magic Loans, that is it is more convenient to apply with Magic Loans. 

You can apply to any internet-connected device, Magic Loans will also be able to access digital information that we may need.  We may need confirmation for some personal details and Centrelink benefits recipients’ login details for MyGov. Also, lenders would be able to view your read-only format bank statements. Your information is secured with our partners’ security software.  Magic Loans partnership with you ends when and if you have been paired with an available lender. Then your lender proceeds to assess your loan application. After approval, you would get a digital version of your loan contract. 

Note that, you don’t need to approve any loan contract you are offered. If the terms and conditions you are offered are not suitable for your needs, you can simply decline. No charges are attached to your decline of a loan contract.  Repayments are on the terms of the client and the loan provider. Repayments are automatically generated by both lenders and our clients set up a direct debit. 

What is the smallest amount of loan I can get?

On our site, the lowest amount of loan you can apply for is 300 dollars. This loan amount can pay for an urgent bill or any other unexpected minor expense. However, if you’re looking to get a smaller amount less than 300 dollars, Magic Loans is not the site where you should look.  Although, you may be lucky that some lenders can offer as low as 100 dollars for a small loan. You must ensure that before you apply online with such lenders you have an understanding of loan terms and conditions. 

Lenders That Understand

Magic Loans understand that some unexpected incidents may occur and need to be contained urgently. It may be an emergency in health, divorce, or an accident. We work with credit providers who have flexible conditions and are reasonable. You should make sure that you contact your lender if you wish to change your repayment structure. You should contact them within 24hours before your next payment is due. 

We Welcome Your Feedback To Us On Our Services

Don’t hesitate to criticize us constructively in case you have any concerns with Magic Loans services or lenders. If you have any questions or issues please inform Magic Loans by contacting us at @hello.magicloans.com.au. Our staff record the details of your complaints in our Complaints Register in case we can’t resolve your concerns within 24hours. If we need to get more information from you, we would contact you. Also, magic Loans may require that you file a complaint form. We will notify you of receiving your complaints within a 48hours period of business days. 

Support From Magic Loans

Magic Loans have a very professional, resourceful, and customer-friendly support staff that is available online during the working hours of every business day. 

Data Privacy 

Magic Loans operates by the Privacy Act of 1988 and treats all records of clients’ confidentiality. Therefore, only our lenders would be able to access your personal information while they are assessing your loan application. Also, Magic Loans is powered by Comodo and McAfee, which guarantees that your data is encrypted and secure. 

We Are Not A Direct Loan Provider

Magic Loans is not a lender but helps borrowers to find lenders. Thus Magic Loans does not directly find any loan. All applications are referred to a third party lender who has the right to decline or approve your loan applications. Where necessary, lenders are required to inform you of the charges attached to your type of loan. Also, you need to make sure you carefully read through loan offers and contracts before you sign your approval. 

You may be able to get bond loans, travel loans, and payday loans from our lender’s network. 

Responsible Lenders 

Magic Loans guarantees that you will be matched with a responsible lender. These lenses are going to take their lending responsibilities seriously, meaning that they would take all necessary and relevant steps to determine your financial situation and objectives.  Your credit provider will never offer you a loan contract that is not suitable for your situation. That is, you will not get a loan offer that is unaffordable to you.  If you need more information, get a full online copy of the guidelines. 

The Ultimate Guide To Online Repayments

You will be able to make your own decisions when you apply with Magic Loans. Although small loans generally have 12 months fixed repayments term, you get to choose if you would make monthly, fortnightly, or weekly payments. This decision can be based on your income schedule, it depends on your choice. 

Repayments become simpler from there, by establishing an automatic repayment from your online banking account when you set up a direct debit. No hassles, just ensure that the amount is in your account on the dates that your payments are due. 

Are You Ready To Apply?

As much as small loans have many benefits they also have their disadvantages. They might be expensive for your situation and may not cancel your debt issues.  Note that you have other available options apart from microloans to help you manage your bills. If your issue is about paying your utility bills, your utility provider may be willing to work out other available options with you.  If you receive government benefits, Centrelink may consider you for an advance. You can find more Magic Loans on Facebook, Twitter, and Pinterest.  

Are you in need of a loan?

In this time, where everything is fast and even times just available at a click, the most convenient option for most of our needs is right available online. This goes the same way in acquiring short term loans.

With that in mind, magicloan.com.au is your reliable go-to partner. We have made your acquiring of an instant cash loan convenient for you.

Who is Magic Loan?

Magic loan is one of Australia’s fastest-growing online brokers. Here in Australia, we will be your lending partner that will ensure you get the help you need in order for you to get your short term loan. You can avail of up to $10,000.00 with a payment scheme ranging from 6 to 24 months. We have friendly loan specialists who cater to hundreds of Australians each day to see to it that they get the best loan offer that they can avail of.

Above all this commitment of providing Australians a good experience in lending short term loans, we are also committed as brokers to be responsible. With this, we comply with all the important and necessary state and federal legislation and regularities. You can trust that you get from us the best outcome. Let us provide you with more information on how you can enjoy the best short term loans in the country.

What are short term loans?

Short term loans are defined as, short term loans. These are small loans whose payment scheme runs from 6 months to 24 months and the loan amount granted can be up to $10,000.00. Those whose loans are granted pay through installments in-line with the day they are paid. If you are in a situation where you are in need of quick cash with loan amounts from $300 to $10,000 just go to MagicLoan. You will need not worry anymore whether there’s an emergency or anything financial you would need to settle.

Can I get a short term loan if I have bad credit?

MagicLoan is more focused on how your current finances stand. This way we can see how you can pay the loan you’re currently applying for. A lot of Aussies cringe when they come across the term “credit check” and this is in reference to bad credit they had in the past. As long as you have a solid financial history, there would not be a problem to it.

We at MagicLoan work, not just with good credit standing but as well as those with bad credit as well as we believe that a bad credit score does not provide the lendee’s story.

Can I get a short term loan with no credit check?

A lot of lenders available online now will entice you and tell you that they will not perform credit checks. And if you come across these too good to be true offers then it most probably is. In order for your short term loan to be processed right from the first time, deal with a broker that adheres to the code of responsible lending. This is the commitment of MagicLoan through conducting credit checks on short term loan applications.

Can I get a short term loan if I’m on Centrelink?

Yes because we believe that it should be for all Australians to have equal opportunities and with this we encourage all eligible Aussies to submit their application. If your loan repayments fits with your Centrelink income then your chance of getting approved is good. Our team takes care of understanding your financial situation and assessing it to match you with a loan. Although this does not mean that you are guaranteed to get a loan, we see to it that you get a fair and just assessment.

How do I repay my loan?

With MagicLoan, lendees payments are set up with direct debit. Your repayments are debited out of your account automatically. The dates set up are outlined in your contract and are set up to match your pay cycle. This way, your repayments are a thing that you need not worry about. We also have a customer portal that lets you make payments and if ever an issue about it arises, you can contact MagicLoan for assistance.

 

Do you do short-term business loans?

MagicLoan does not offer short term business loans.

The short term loans we offer are fit for personal use. However, for short term business loans, these are quick loans that are supplied by lenders to businesses in order for them to use it on unexpected costs such as in the case of emergency repairs. With an approved short term loan, you can use the money if an opportunity arises that can be a good investment. Our short term loans can start at a minimum of $5,000. Because the loans that we provide are short term loans, this needs to be to an actual person and not a business entity. Other lenders may be able to provide you with this service if the target is for your business.

Who can apply for short term loans?

There is a list of criteria that an applicant needs to meet, to qualify for eligibility, kindly see the list below:

•         18 years old or above;
•         An Australian Citizen or Permanent Resident;
•        Currently, be receiving a regular income into a personal bank account for the last 3 months;
•         With an active Australian mobile number and email address;
•         Have internet banking set up.

If you meet this criteria, then you’re eligible to apply for a short term loan!

What information do I need to provide?

Our application process is quick and easy! Which means there is no needed documents and paper forms, fill out required important personal and financial details as seen below:

100 points of ID (name, D.O.B., etc.)

•         Contact Information
•         Loan Purpose
•         Internet Banking details
•         Your MyGov account details [if you receive Centrelink benefits]
•         Employment details and employer contact information

There is no need for you to worry about providing your banking information. Our team from MagicLoan will obtain a read-only copy of your bank statements in order to identify and get an idea of your spending habits, income and existing financial commitments so we can tell whether or not you have the capacity to pay a personal loan.

How do I apply for short term loans?

Sending to MagicLoan your application is like opening your social media app, it’s that simple and 100% online. All you need is your basic information then you can start anytime. Below you can see a step by step information on how you can go about this:

Step one: Apply online for term loans-short

To start, open our loan calculator then input the amount you wish to apply for. Identify as well the repayment duration you’d like to set up for your short term loan, this is the number of months that the loan you applied for would be paid back by you. Once the loan terms are in place just click the Apply button and you’d be set. Easy.

Step two: We’ll assess you application to the best lender

The next step would be on us, you have done your part. The moment we receive your application, our team will go through the information within the application you submitted and assess the details. All you would need to do is sit back and wait while the assessment is in process.

Step three: Review and sign your contract for term loans

Once the team from MagicLoan finishes the assessment of your application, we will match you with an emergency cash loan. You will receive from the team and electronic copy of a loan contract designed for you then all you need to do is go over it and sign. We strongly advise that you read the terms and conditions thoroughly in order for you to know of any fees and charges if ever you won’t be able to make payments on time. When everything is to your satisfaction, send it back in with your electronic signature.

 Step four: Get your cash!

Once we receive the signed copy of your loan contract, a fund transfer will be made to your account. If your bank is NPP-enabled, your cash will reflect on your account in just a minute*. This is done if your contract is signed before the close of business.

*If approved, we mostly transfer the funds into the bank account you provided immediately. This can take as little as 60 seconds depending on your bank. You can read more on this instant banking feature here.

What can a short term loan cover?

Short term loans can be used for a number of purposes that’s why there are a number of things to be considered when you get yourself a short term loan as there are so many lenders providing you with so many different packages, this can get pretty overwhelming. Here at MagicLoan, we make sure you can see all details and that you know everything you would need to know.

 Since these short term loans are personal loans, this is connected to any personal expenses you might want to direct the funds to. You can view below the list of uses that some of our MagicLoan customers have used their loan for:

                   MagicLoan                   Loan Term            Loan Amount

•         Car Registration Loans     6 months              $500
•         Rental Bond Loan             9 months            $1,500
•         Holiday Loan                   13 months            $3,000
•         Wedding Loans                24 months           $5,000

Why choose MagicLoan?

Despite the fact that there are so many available online lenders, MagicLoan should be your go-to for short term loans. In times of financial need, it is understandable you would like to go to a reliable and trustworthy broker that gives you fast outcomes and even faster payouts. Below are a few reasons why MagicLoan is the short term loan broker that you can go to:

MagicLoan’s application process is quick and immediate. Applications may be approved or rejected in just a minute.

Looking for a personal loan even with bad credit? MagicLoan conducts credit check but you can still apply as we may still be able to help you with your short term loan despite having bad credit. MagicLoan understands that bad credit from the past does not define you and believes in giving second chances.

Ready to apply?

If you have reached this far in reading the details of MagicLoan we hope that this helps in providing your informed decision whether you would like to take on a short term loan. For further information that you would like to get cleared about you can check our FAQ page or send us a message here.

MagicLoan has provided solutions to many a number of Aussie applicants who are satisfied with our services. Thus making us one of the best short term brokers in the country.

Wait no more and click the Apply button right at top and experience that financial aid and security that MagicLoan can provide you with.

No Credit Check Loans Guaranteed Australia at MagicLoan

Worried about your bad credit rating? Concerned your chances at getting approved for credit are low because of your poor credit history? Are you having second thoughts on future plans because you’re afraid you might not get access to the funds you need?

Have you stopped yourself from planning that holiday that you have always wanted to take because you’re worried that your credit record might lead to you getting rejected if you try and take out a personal loan to fund your holiday expenses?

Then worry no further, you’re in luck! no credit check loans guaranteed Australia could just be the financing solution that you are looking for.

If you’ve been trying to find lenders that can offer small loans to borrowers despite their less than perfect credit scores, MagicLoan may just be what you’re looking for. Where traditional credit unions, lenders and banks are likely to turn your application down because of the financial mistakes you have made in the past, the lenders we work with may be able to offer you loans of up to $10000.

We understand how hard it can be to get access to bad credit loans and many borrowers in this situation usually feel the weight of the world on their shoulders. Read on and find out how we are the best choice out there when access to bad credit loans is what you need.

Which company is the best choice for guaranteed loan approval Australia

You’ll find that whilst there are certain advantages attached to dealing with certain lending providers, there will always be some downsides as well. When looking for loans for bad credit borrowers, there’s a very good chance you’ll come across adverts claiming they can offer guaranteed approval for bad credit borrowers or 100% guaranteed loan approval.

While you are likely to gravitate towards these types of loan offers that seem to guarantee that you will be provided the funds you need no matter what, it is actually a red flag. It is a sign that there may be something not quite right with the lender offering the product and due diligence is required.

Remember how people usually say that anything that seems too good to be true probably is?

It is very much the same with guaranteed approval loans. Sure it does seem very reassuring when you hear lenders seemingly offer guaranteed loan approvals, these are the very types of loans you should avoid at all costs. Sending an application to MagicLoan instead is the simpler and safer choice!

Can I get access to personal loans despite my bad credit score?

If you’re worried that you’re the only one having to deal with issues concerning a bad credit score, you’re not alone. Many Australians do share the same predicament as you and just like you, they too share the same sentiment that they might not get approved for credit just because of their bad credit score.

Fortunately, we’re not like any traditional lender. MagicLoan specialises in helping borrowers find lenders that can offer them the type of credit they need no matter their credit score. This means helping you find lenders willing to offer bad credit loans.

When assessing your application, we don’t just focus on your credit score. Whilst credit checks are indeed part of the processes that they will likely carry out to assess your application, it is not the sole basis on whether they should approve it or not.

This means that they will consider a variety of other factors including your spending habits, your income as well as your current financial commitments. This makes it easier for us to ascertain whether or not you can afford the loan. Provided that we are able to get all this done, bad credit history doesn’t have to mean you not getting access to credit at all.

Stay away from no credit check loans guaranteed Australia approval

At MagicLoan, we’re all about finding new and better ways we can help people get access to the extra funds they need as efficiently and as fast as possible . In the past, you would normally have to wait for weeks before you can find out whether or not your personal application was approved. Our team will be there to help you not just find potential loan providers who are willing to lend to bad credit borrowers but also make sure that these are legit providers we are partnering you with.

Having been in the business for quite some time, you can trust us when we say there is no good that will come out of you seeking out lenders that specifically offer second chance loans guaranteed  approval. What you should do instead is to look for lender locators that have been in the market for quite some time and know the ins and outs.

Instant guaranteed approval loans are very tempting but refer to us instead. We’re all about finding the right lender while also making sure that you are referring to legit providers and you know what to look for when choosing one— from checking if they hold a valid credit license, doing some much-needed due diligence and also assessing that they are offering you a reasonable loan amount, one that you will not have a hard time paying back later on.

 

Need access to bad credit loan?

While it can be quite unfortunate to end up with a bad credit rating, it’s something that is likely to happen to almost everybody at some point. But it is something you should not be beating yourself up over. You’ll be surprised how many other Australians are in the same predicament as you. More importantly, this isn’t reason enough to prevent you from applying for loans intended for bad credit borrowers.

At MagicLoan, we couldn’t care less about the mistakes you’ve made in the past that’s now reflected on your credit report. That is in the past and we believe that as time changes, people and their circumstances change as well. There is just no reason that you should continue to suffer from the bad financial decisions you made then.

Along with our panel of direct lenders we have partnered with, we care more about the manner in which you have managed your funds and your debts at present. After all, how you have been faring at present will have more weight among lenders who are willing to offer a bad credit loan to you— and are a way for them to assess whether or not to approve your application.

Do I qualify for bad credit loans with MagicLoan?

Before you can send us an application, you must first meet the eligibility requirements we have set.

To qualify, you must be:

• No younger than 18 years old
• A citizen of Australia or at least a permanent resident
• Reachable via a working phone number or valid email address
• Receiving a regular income for the last 3 months into a bank account under your name

If you have met all of these requisites, then you are more than welcome to send us an application for a bad credit loan.

What personal information details do you need me much?

Even more good news for you is the fact that we have made our application process easier, quicker and streamlined. This means that we won’t need any unnecessary paper forms and documents from you. We’re all about getting things more convenient for you. All you need to do is make sure to show us the following:

• Proof of identification— just so we can verify you and get to know you
• The name of your place of work and its address
• Your myGov details, if you’re a Centrelink recipient
• Your online banking information to allow us to check not only your income but also your expenses
• Reasons you’re applying for a loan

After your application has been submitted, we will then work towards finding lenders offering bad credit loans & unsecured loans. What’s even better is that you won’t even have to wait that long to get paired up with a lender.

Bad credit loans— What are they?

Bad credit loans will be such a lifesaver especially when you’re in a tight financial spot. Do understand, however, that it’s important to identify legit and credible lenders offering bad credit loans from those that are advertising guaranteed approval for bad credit loans.

We don’t want our borrowers to end up in a trap like a guaranteed approval loan which is why we only partner with lenders that offer real bad credit personal loans.

We know too well how stressful things can get when sending in a loan application. This is more so when you’re a borrower with bad credit history. It is for this reason that we have chosen to work with lenders that are known for their flexibility.

These lenders are also realistic and hence will not offer any guaranteed approval for the bad credit payday loans they offer. This is a sign that they are indeed legitimate and credible so you can feel assured when getting paired with one.

If you’ve been having a tough time getting approved for credit by going the traditional route, there’s a very good chance you are fed up and are just about to give up. Don’t just yet!

We will do our best to look for partner providers that will be more understanding of your plight when offering emergency loans to you. We aren’t like banks that will reject your application just for the fact that your credit score is less than perfect. The lenders in our network are known for being able to provide legit loans that are intended to meet the needs of real people.

While your credit score is an important matter to us, it isn’t the sole basis on how we decide whether to approve your loan or not. Those missed payments from a few years ago aren’t something we’re going to be hung up on.

What matters to us is the amount that you’re earning now and how well you’re able to manage your income these days with your expenses taken into consideration. Your past credit records are best left to where it is meant to be, your past. It shouldn’t keep you from getting access to much-needed finds now via bad credit loans.  

How to apply with MagicLoan

Sending an application via MagicLoan is all online! You won’t need to leave the comfort of home just to send in an application to us. Below, we have detailed the following steps when sending in an online application.

Step 1. Submit your application online for credit loans Australia guaranteed approval

To start your online application, all you have to do is access the loan calculator at the top of the page and pick out the type of loan you’re interested in. After you’re happy with the terms of the loan, just click Apply to get started.

Step 2. We will send your credit loans application to our lenders guaranteed approval

You’ve done the work, now it’s our turn! We will be taking over from here. After we get your application, we will then have it submitted to the lenders in our network. Our team of specialists will see to it that we can find the best lenders to match you with. Once we have found an ideal match for the type of loan you need, we will then get you connected with them.

Step 3. Read the contract and review it

If we successfully get you matched with a lender, an electronic copy of the loan contract will then be sent to you. Make sure to read its content and review everything before approving it. Always pay close attention to what the terms and conditions say before approving the contract. Make sure that you understand the charges, and fees involved and what are the penalties in the event that you pay late. Only affix your e-signature when you’re happy with every single detail.

Step 4. Get your cash!

Expect the new lender to get your funds transferred straight to your nominated bank account. If you have an Osko or NPP enabled bank, you may get the funds in your account in just an hour. If not, then expect the payment to be transferred overnight or on the next business day. If the payments have been sent beyond business hours then it may take one day more to get transferred to your account.

Bad credit loans explained

Bad credit loans are intended for people whose credit ratings are less than stellar. Compared to traditional lenders and banks that are likely to turn down a loan application from a borrower with a less than perfect credit history, MagicLoan works with a network of online lenders that don’t consider credit score as the be all and end all when deciding whether or not to approve a loan application. Our lender partners will not punish you for past financial transgressions. Instead, their loans are tailored to meet the needs of real people.

Securing a loan when your credit is bad seems next to impossible. But there are lenders out there who would be willing to offer you one. While it is true that these types of loans can be such a lifesaver when times are tough, you shouldn’t forgo doing some much-needed due diligence to ensure that you’re dealing with reliable lenders and that they can offer the type of loan that is ideal for what you need.

At MagicLoan, however, you can trust that the lenders we are in partnership with are known for offering real personal loans that will be ideal for borrowers with bad credit ratings.

Costs associated with personal loan or bad credit loans

At MagicLoan, we’re all about making promises we can actually keep. Since we are a lender locator and not an actual lender, we will not make any promise guaranteeing the approval of your loan application. We can, however, help you get connected with the right lenders that can potentially offer the most ideal bad credit loan for your present need, we could even help with short term loans with low interest rates

Still, we always advise our borrowers to take the time to read their respective loan contracts and to pay close attention to the details. This is essential since the document will likely include relevant details concerning the loan costs.

You can also access the MagicLoan loan calculator as it can be a handy tool that will help you learn more about the costs involved with personal loans.

Why should I apply at MagicLoan?

Customers across Australia take advantage of our lender locator platform to help them find the right lenders with the right loans every day. We appreciate the feedback they provide us considering how much they appreciate the streamlined loan application process. Below are just some of the many reasons that it is worth sending a bad credit loan application to us:

• Our loan application process is quick and easy and can be easily completed within a few minutes.
• You can send in your application without having to leave the comforts of home as it is 100% online.
• There is no paperwork for you to fill out and no documents that need sending. The supporting documents we require can be sent to us in digital format.
• After we get your application, we can get you connected with the right lenders fast.

Regardless of how your loan application turns out, trust that we will get the outcome delivered fast. This means you will not be left wondering for weeks to find out exactly how you have fared.

Quick and streamlined service that does not beat around the bush— this is the service you can expect from MagicLoan.

Ready to send in your application?

If you’re hoping to get as much help and guidance as you can in going through the whole process of finding the best loan providers that can afford quick approval to borrowers with bad credit, then we are the best choice there is!

Just to make sure you’re caught up in the most important details, you can send in your online application to us anytime if you are at least 18 years old, you’re an Australian citizen, you have a working phone number or a valid email address and you have a source of income.

Also, always remember to steer clear from lenders that offer guaranteed approval. Just send in your application to us and we will make sure to find the most suitable provider for the type of loan you need, regardless of your bad credit history.  

Never let unexpected money issues to stress you out or even prevent you from pushing through with your plans. Apply with MagicLoan today and we’ll do the best we can to locate a lender for you. 

Are you unemployed and looking for a loan?

Loans for unemployed are for those who are recipients of Centrelink’s regular income. Those who benefit from Centrelink may be able to get a loan between 300 dollars and 10,000 dollars. These loans may be secured or unsecured and repayments are often between 12 months to 24 months according to the loan terms or type of loan. 

Are you a recipient of Centrelink’s regular income and you need a quick loan to cover emergency expenses? Loans available to people whose income is from Centrelink could be very close to you!. They provide loans that help you take care of unexpected and urgent costs like repairs, medical bills, vet bills, and even for travel and holidays. 

Fast Cash Loans For Unemployed

Fast cash loans translate literally into fast cash loans exactly as it is called. As an unemployed Australian, you are either receiving part or all of your income from Centrelink. If such is your situation, unexpected bills are a great inconvenience for you. Whatever your cause of urgent expenses, it would not be as easy to deal with as for someone who receives Centrelink income like those with savings. 

Although Centrelink recipients may get a Centrelink cash advance, if you need more, fast cash loans or loans for unemployed are a good option for unemployed individuals. 

Where Can I Get Fast Cash Loans For Unemployed?

Magic Loans provides short term loans to unemployed people. You can get fast cash loans for individuals receiving Centrelink payments as fast cash loans. 

Receiving income from Centrelink could be very tough when you have more expenses, spending your income on the day to day can be hard, adding emergency bills could be a greater challenge. Damages that need immediate repairs could throw day to day spending off balance. 

As a Centrelink recipient, if you need to quickly fix this kind of emergency, one of the available options is to get our fast cash loans for unemployed individuals. Magic Loans can offer fast cash loans from 300 dollars up to 10,000 dollars to individuals on Centrelink. You may need to access fast cash loans to get out of that tight situation!. 

Loans for the unemployed on benefits

Yes this is something something some of direct lenders can offer, in certain circumstances they can take into account your Centrelink benefits and offer loans for unemployed bad credit and on Centrelink, so there is always a way to help whatever situation you find yourself in. MagicLoan has the right panel of lenders to help.

So, how do I apply with Magic Loans?

1. Check your loans eligibility

Before applying, you need to confirm your eligibility. Not that you would need a sparkling financial record to apply with us, you are only to provide information that is relevant to your application assessment. Keep in mind that you must; 

• Be a citizen of Australia or a permanent resident
• Be 18years old and above
• Must have been receiving a regular income into your bank account for at least 90 days before applying
• Have personal contact information such as a personal mobile phone and a valid email address.

2. Apply for a loan

After you have confirmed that you are qualified to apply, you may proceed to apply for fast cash loans for unemployed individuals. On the top of our website page, you would find the Apply Now button and our loan calculator next to it. The loan calculator is to give you an idea of your loan repayments. By putting in the desired amount, your suitable repayment time, you’d be able to see what the cost of your loan of choice would be. 

Application takes a few minutes once you click the Apply Now button to get started. You will provide basic information about you, also include the reason for taking a loan. You will all also provide your internet banking credentials, details of employment, if you are a Centrelink recipient, you will provide MyGov details. Note that, we are not to assess every detail but to confirm your financial status. After you have filled in this information, click submit and that’s it!.

3. Assessment 

Our part is to assess your fast cash loan application and give you a prompt outcome. Ensure that you don’t apply after business hours unless you don’t mind waiting till the next business day for your application to be assessed. Once your loan is approved, accessing your loan in your bank account depends on inter-bank transfer speed. 

With these few steps, you could access your needed funds. 

Why should I need to  apply with Magic Loans?

Magic Loans is one of the best online lenders. Below are a few reasons why our customers believe we are great;

• 100% 247 Online Loan Service; With Magic Loans, convenience is vital, you don’t need to meet anyone physically, applications, assessment, and receiving your loans are done completely online.
• Fast Loan Applications; Magic Loans operates with no paperwork. You can complete our application forms in a few minutes, not dealing with the stress of paperwork, we save you time and effort. 
• Fast Outcomes; If you apply within our business hours, we can provide you an outcome in 60 minutes. In such a case that your loan is approved after we have conducted an assessment, your cash could be in your bank account as fast too, but this depends on your bank speed. 
• Secured process; We are very serious about privacy and security, therefore we are careful with your personal information. Our needed information only includes the relevant information to your loan application, and the information is secured with advanced bank technology. Visit the privacy and security page on our website.
• Exceptional Customer Service; We are always ready to offer support and help out our customers in answering all their questions. You may visit the contact page, complete the form or call us on 1300….
• We cater for loans for unemployed

If you are looking for an ever-ready and supportive lender that offers unemployed people fast cash loans, choose Magic Loans. 

Unemployed Bad Credit Loans

Unemployed? Have a Bad Credit Score. No Problem. You can get financial assistance from our MagicLoan if you qualify, and we offer the best rates for your circumstances with no hidden fees getting you closer to loans for unemployed.

MagicLoan is the best option for your unemployed credit needs. Our company has helped many people with bad scores get back on their feet, and we can do it again.

Our loans are tailored specifically to people with low or no roots in their past and don’t want this history affecting future endeavours such as applying at a bank account-based business venture where they’ll need funding due diligence before moving forward.

Can I apply with bad credit for loans for unemployed with fast cash? 

Yes, if you have bad credit, you can still apply to receive fast cash loans as an unemployed individual with Magic Loans. 

Some lenders out there will be turned off immediately by a bad credit score. Magic Loans, as a neo-lender, does not deal with bad credit in the same way. We believe that bad credit doesn’t mean an individual is bad at handling money. Therefore, we look into your relationship with money for the past 90days by requesting your bank statements. We take this step to get a better idea of your ability to repay your loan than just considering your credit score. 

As a professional lending practice, we conduct credit checks despite knowing that bad credit is not the end for your fast cash loan application. Credit checks are not the only assessment procedure, additional evidence from providing information about your financial situation that can assure us you would be able to repay your loan will help your fast cash loan application. 

With Magic Loans, we don’t judge you for having bad credit. You can apply today if you are looking for loans for Centrelink recipients! 

What Is The Cost Of Personal Loans For Unemployed People?

We offer quick loans in three categories according to the amount you want to borrow. Firstly, we offer loans that range from 300 dollars to 2,000 dollars as unsecured personal loans, secondly, we have loans from 2,001 dollars to 4,600 dollars as medium personal loans, lastly, we have large secured personal loans ranging from 5,000 dollars to 10,000 dollars. Here are other details that are important for all these loan categories; 

Loan type	Security options	Loan amount	Loan terms
Small loan	Unsecured	300 dollars to 2,000 dollars	Fixed 12 months
Medium loan	Secured	2,001 dollars to 4,600 dollars	From 13 months to 24 months
Large loan	Secured	5,000 dollars to 10,000 dollars	From 13 months to 24 months

 

You can visit our cost page to get further information on fees and interest rates on our costs page. To get additional information on loan costs, use the MoneySmart personal loan calculator. 

How do repayments for fast cash loans for unemployed people work to some lender?

As our fast Instant cash loan application is easy so is our repayment structure. Before we send you a loan contract, we will set a day to organize a direct debit. This will be a recurring payment which can be weekly, fortnightly, or monthly. We advise that this day is in line with your payday so that the amount you need to repay is available in your bank account.

Repayments are automatic, just ensure that the money is in your account, repayments of fast cash loans for unemployed individuals indeed stress-free! In addition to the benefit of automatic repayments is that, once your loan has been repaid including cost and interests, payments also stop automatically. You have the opportunity to repay off your loan early at no extra charge! 

So, if you don’t have enough money in your bank account to make a repayment on the scheduled date, automatic repayments will fail and you would be charged for this. If before the day of repayment, you won’t be able to provide the needed amount, get in touch with us as soon as you can. At Magic Loans, we try our best to provide a repayment plan that works best for everyone. 

Boost Your Cash Savings In Five Easy Steps

Being financially secured by building savings may require some skills and it can be a slow process. Different steps help you maintain a good saving culture and control your spending. Here are some steps to achieve this; 

1. Create an emergency fund; Start saving some money for emergency purposes and should be used solely for such because taking from your emergency funds may be easy to do. List what would be an emergency to you, like illness, damages, theft, repairs, accidents, and so on. It would be easier for you to continue saving money for these purposes than to be taking out cash. 
2. Assess your spendings; You need to be conscious of yourself when you are saving. Whether you are trying to increase your savings or you are just setting up your emergency funds, you need to be able to caution yourself. Since you own the money, you have to be honest with yourself as much as possible. You may want to request a bank statement for your bank account, check through to see what you are spending on and how much you are spending. This would help you to know the costs that are excesses and how you can cut them down. 
3. Cut off all unnecessary costs; Since you can assess your spendings, you will be able to know what your unnecessary expenses are. Cutting down your spendings is one of the best ways to improve your savings, not just by increasing your income. When you cut down on your spendings by removing every unnecessary expense, you would be able to get the hang of constantly saving. Although unnecessary expenses are different for everyone but typically they include; excessive shopping, buying takeaway packs, or even too much coffee. 
4. Set Realistic Goals; Before you can attain a height you need to know what the height is. You need to know what you want before you can reach it, set saving goals for yourself that you know that you can easily access. Consistency is key! It is not the amount that you are putting away that matters but how often you save. You can set a goal with a time frame, which you can work with to help you increase your savings. 
5. Open A High-Interest Savings Account; You should get in touch with your bank to get advice on the best available options for a savings account. Opening some savings accounts are important to helping you grow your savings with high interest, provided you don’t withdraw your money. 

 

Get Started!

We are available to help you out if you are an unemployed individual looking for fast cash loans! We offer different types of loans even to those who have not been able to access finance in the past. By applying today, we can know if a loan from Magic Loans is what you have been looking for! 

If you need further tips on money management, look into MoneySmart. Interested in knowing more? Magic Loans has every detail on bad credit loans with low-interest rates. 

Need cash fast?

Emergencies can be quite expensive. Whether it is an unexpected car repair, health emergency or some emergency home fixing that needs to be done as soon as possible, emergencies can be quite costly and will usually come when you least expect them. Worse, you will likely not have enough funds saved up to cover the costs. If you ever find yourself having a hard time sourcing the emergency cash loan you need, MagicLoan’s might just save the day.

Our same day loans are aimed to offer solutions to borrowers dealing with financial needs that pop out when they’re least expected. These loans are 100% online, quick and paperless— everything that anybody in need of cash fast will want for a loan. Read on to learn more about this loan and how you can sign up.

Who are we?

We thought it best to let you know more about us first before we delve into the nitty-gritty of same day cash loans. We are MagicLoans, an established and award-winning lender locator that has been assisting Aussies— offering them affordable and reliable loan services.

At MaigcLoan, we are very much aware of the stigma that has long since been attached to our type of business. This is why we have committed ourselves towards turning that around in the hopes that the public will start to regard us in a much better light.

We are a trustworthy, reliable and legitimate lender locator that aims to give you a helping hand towards taking the next steps forward. Transparency, top- notch customer service and honesty are our driving force to prove to you that we are second to none among lender locators out there.

What are same day loans?

Same day loans are a type of bad credit loan that is not only applied for and processed on the same day but is approved within the same time-frame as well.

MagicLoan has a team of specialists that can get your application running in no time! Our service is 100% online and you won’t even have to deal with appointments, long lines and paperwork.

We have streamlined the whole application process and our team of specialists ensures that there will be beating around the bush just to ensure that the cash you need will be extended to you with no unnecessary frills and delays.

Same day cash

We offer same day cash for your emergency cash needs. We can provide a wide range of financial services to help with any situation and we always work to find the most suitable loan for your circumstances.

A lot of people want cash, and fast ideally on the same day to help with any financial need that arises. That’s why our team works a panel of reputable lenders who will do their upmost to get your cash on the same day

If you’re in a tight spot, we can also help. We offer same day cash advances that will get your finances back on track fast.

Can I apply for a loan the same day?

Our same day loan, as the name implies, are intended for borrowers that need their funds fast. Applying for any of these credit instruments ensures that it will be delivered fast. MagicLoan offers access of up to $10000 and the funds could be in your account in just 1 hour from its approval.

Do bear in mind that this can be affected by the different transfer times of your bank as well as your specific circumstances.

How fast can I get access to same day loans?

If you send in your application within our business hours in AEST, our loan specialists may be able to get you match with a lender that will offer cash loans that will get approved on the same day.

Some applicants may get an approval or rejection for their application from MagicLoan’s partner lenders within just 1 hour of completing and sending their application, this is because we have access to 247 online loans.

Can I get access to bad credit same day loan?

Yes! At MagicLoan, we believe that a bad credit history shouldn’t keep you from getting access to same  day cash loans. We know that your past missteps reflected on your credit history don’t tell us the whole  story.

This is why we work with lenders that are known for not only focusing solely on your credit score when deciding whether or not to grant you a loan. Our lender partners have been known to offer loans to Aussies from all walks of life and with all types of financial circumstances.

What makes us really stand out from the rest is our partnership with lenders that will instead focus on the current state of your finances when assessing whether you can afford to pay a loan or not.

 

Do you offer no credit check loans?

No. We are committed to observing responsible lending practice. This means that credit checks will be conducted as part of loan application assessments. Part of this commitment is ensuring that even same day loan applications will undergo necessary credit checks service as well.

To get started, we will first obtain a read-only copy of your financial statements. This will help us get a a better idea and other options of how things stand as far as your spending goes in relation to the income you are earning and what other finances all commitments you are involved with right now.

If we can see that you are getting a regular income, at least for the last 90 days, and you are able to successfully keep up with whatever repayments you are responsible for, you can still secure loan approval.

Even when your credit history screams less than perfect ratings, there is no reason you shouldn’t consider sending an application to MagicLoan. We believe that your credit score is not and should not be the sole determinant of whether or not you should be approved for a loan.

How can I access immediate loans?

If you send in your application for our same day loan at MagicLoan, we can potentially get you an outcome in just 1 hour. This happens to be the fastest turnaround time any provider in the country can offer.  This is why if you need an instant cash injection, MagicLoan may just be your best bet for any loan service.

Once you are approved for a loan, you can expect the cash to get transferred to your bank account within an hour. However, note that this is all dependent on the transfer times that your bank adheres to and if they do support instant transfers or not.

Can I get access to emergency loans on the very same day I send my application?

You most certainly can! There’s no telling when an emergency strikes. It would really help lift a heavy burden off your shoulder when you know there is an easy and quick way to access the extra funds you need. When your finances are strained and you need a cash injection fast, you’ll find that there are a number of ways that you can access it. Same day loans are one of the most convenient ways you can do so.

MagicLoan specialises in helping borrowers that could get access to lenders that offer same day loan. We work with a variety of lenders that are known to offer quick loans to borrowers that need access to extra funds ASAP. If you have a financial emergency and you’re short on funds, our personal loans at MagicLoan may just be the solution for you. Our specialists will do what they can to get you paired with

the right lenders with the appropriate credit instruments and get you an outcome within 1 hour. Also, if  your bank account is NPP-enabled, access to your cash would be possible within just 1 minute from its approval.

Do you offer payday loans?

At MagicLoan, payday loans aren’t among the credit instruments we have available. Traditionally, payday loans pertain to short-term loans borrowers will generally have to repay on their next payday. Payday loans are also known for their unreasonably hefty rate of interest and fees. However, they are also considered illegal in the country. This is why at MagicLoan, we instead offer Small Amount Credit  Contracts or SACCs. Our personal loans come with a repayment term of 6-24 months, and will vary depending on how much you decide to borrow.

Are same day loans available for pensioners?

Yes. Many of the lenders we have partnered with at MagicLoan consider pension payments as a regular form of income in months. However, we do not offer any guarantees of approval when you do decide to apply for one. Our team of specialists will first need to assess your current financial situation and will leave it to our lender partners to determine whether they can offer you a loan or not.

Can Centrelink recipients take out any of your same day loans?

Inclusion is a big thing for us which is why we always aim to serve any eligible Australian in getting access to instant funds they need. This is why if you qualify for the loans that any of our lender partners offer then we highly encourage you to send in your application. The lenders we are partnered with happen to count Centrelink benefits as a regular form of income.

Provided that the repayments for the loan amount you intend to borrow are going to be a comfortable fit with the amount you are getting from Centrelink, then you should see a good chance of getting a green light for a loan.

Our specialists will ensure that your application is assessed fast and will try to get it matched with a lender that offers a loan that is appropriate for your current financial situation.  However, note that this does not mean that approval is guaranteed. What we can guarantee, however, is that assessment of your loan is always going to be fair and square.

Who is qualified to apply for a same day loan?

We have our own loan eligibility criteria before you will be considered qualified for the loans we offer.
To be considered for a loan, make sure that:

 You’re no younger than 18
 You’re a citizen or permanent resident of Australia
 You can show proof of income received by your personal bank account for at least the last 90
days
 You have internet banking set up
 You have a working phone number and email address

If you have easily met all of these requisites then you are more than welcome to apply for same day loans!

What details do you require from me?

Even more good news for you— application via MagicLoan isn’t only super easy, it’s super quick too!

This means that you won’t be asked to provide unnecessary documents or fill out cumbersome
paperwork! All you have to do is make sure that the pertinent details we require are provided to us and you’re good to go. Among these include:

 Personal details including your name, date of birth and other identification details
 Reasons for taking out a loan
 Personal information
 Internet banking information
 Details of your myGov account if you are receiving Centrelink payments
 Details of your employment as well as contact information of your employer

When you have all of these details handy before applying for a loan, then you can easily speed up the whole application process. Once you have all this information provided, the rest of the work will be done by our loan specialists and getting approval for your quick loan application will only be just a few minutes away!

How do I apply for a loan?

Sending a loan application via MagicLoan isn’t only easy, it is quick and convenient too! We just need you to provide us with a few details about you and your current financial state and you can get the ball rolling soon after. Below we have listed down the steps that you need to go through when sending an application to us.

Step 1. Apply online

To get your application started, just scroll right to the top of the page to access the loan calculator.

Decide how much you wish to borrow and select the amount in the calculator. Decide how long you would want to repay the loan and think of a term that is convenient for you in terms of its length and the amount involved. Once you’re happy with the term you have selected, just click Apply and you’re all set!

Step 2. Wait as our specialists will assess your application

Once you have done your part of sending the application to us, then you’re all done. We will take over from there and will get working towards assessing your application. Our specialists will then try to get you matched with the right lenders that offer the ideal credit instrument based on what you need and your current financial status. All this while, you won’t have to do anything. Just put your feet up and relax and we will get back to you as soon as we can.

Step 3. Read and review your contract before signing

Once our team has you matched with a lender offering the right same day loan, the lender will get in touch with you. A digital copy of your contract will also be sent to you so you can take the time to review it before approving it and affixing you e-signature on it. Always make sure to read and understand the terms and conditions involved with the loan they are offering. Only when you are satisfied with the contract should you consider approving it.

Step 4. Get access to your funds!

As soon as your lender will receive the copy of your signed contract, they will then begin the process of transferring the funds to your preferred bank account. If your account is Osko and NPP-enabled, your funds could be with you in just 1 minute. However, this would depend on whether or not you have had the contract signed before the business day has ended.

What types of loans are available at MagicLoan?

There are three different types of loans that you may be able to access via MagicLoan. These are:

 Small Loans
o Unsecured loans
o Loanable amount of $300-$2000
 Medium Loans
o Secured loans
o Loanable amount of $2000-$4600
 Large Loans
o Secured loans
o Loanable amount of $5000-$10000

Why makes MagicLoan the best choice?

We are an Australian lender locator that operates 100% online. At MagicLoan, we take pride in helping ordinary Australians get access to different superfast loans to meet their emergency financial needs while delivering some of the best customer services out there.

When times are tough and you’re suddenly plagued with emergency expenses, we know how urgent it will be for you to get access to the extra funds you need. But this doesn’t mean you should also forgo looking for a lender that is reliable, legit and trustworthy that can get you approved for a loan with fast approval and with an equally fast payout as well. Here are some of the reasons that you should refer to
MagicLoan when looking for quick funds to address emergency expenses:

 There’s no need for you to leave home in order to send your application. The process is all
online and you can expect to receive the funds you need all on the same day that you applied.
 Applications are streamlined and fast. Most applicants will get an outcome within just 1 hour of
sending their application.
 Worried about not having a credit history, but need access to emergency funds? While we do
conduct credit checks at MagicLoan, we may still be able to help you even when your credit
history is nonexistent or if your credit is bad. Our lender partners don’t just make a decision
based solely on your credit alone. They will consider a whole host of other factors when
approving or rejecting an application.

At Magicloan, we always believe that life can sometimes catch you off guard and we believe that despite
the missteps in your credit history, you should not be deterred from getting a second chance.

What about same day loans with guaranteed approval?

MagicLoan is unable to offer guaranteed loan approval. The reason for this is that the law requires lenders to carry out credit assessments when assessing whether or not applicants are eligible.

People tend to gravitate to lenders offering guaranteed loans because they are worried that the current state of their financial affairs or their credit ratings may prevent them from getting approved. While it is true that we do not offer guaranteed approval at Magic Loan, we may be able to assist you with your

current emergency funds need. We use a fresh approach when it comes to bad credit scores. This means that your application isn’t going to be approved or rejected based solely on your credit score. Our lender partners would be more interested in the current state of your finances which includes the amount you’re earning and the amount you are spending and whether or not there will still be enough left for you to cover the costs of loan repayment.

This is why if you are looking for a loan with guaranteed approval, MagicLoan may be able to help you get the funds you need on the same day despite your bad credit. If this is good enough for you, all you
have to do is scroll up and get your application started.

Loans available on the same day of the application

MagicLoan takes pride in its 100% loan application. This means that there is no need for borrowers to have to print or scan documents, nor do they need to make a trip to the bank in the process. All you need to do is submit an online loan application and in minutes, you can get approved and get the funds that you need in your bank account not long after.

If you get your application sent within our regular business hours, we will do our best to get you a result within just 1 hour. After we have assessed the application, we will get you paired with the right lenders offering the right loans as fast as we can and you can expect results soon after. If they are able to offer a loan, then they will get in touch with you to send you a loan contract. Once you agreed with the terms of the contract and signed it, your funds will soon be transferred to you.

Quick loan same day get fast cash

When people search the terms “quick same day loans” or “same day online loans” on Google, they’re usually trying to find lenders that can offer them cash fast. At MagicLoan, we understand very well how crucial it is for our borrowers to get access to funds with such convenience and speed. This is why our loans are streamlined so the process will be efficient and quick and the results will be equally so.

Why wait for weeks and even months to hear from your traditional lender whether you have been granted a loan or not? For your quick cash needs, MagicLoan’s same day loans will get you your cash potentially in just 60 minutes.

Does MagicLoan have instant loans?

At MagicLoan, instant online loans aren’t something we offer. What we do have available is a
conditional instant approval. This means that when you submit a loan application, you will be informed whether you are getting a conditional approval or not. If you received one, an assessment will be carried out on your loan application. The last thing we want is to waste people’s time which is why we will let you know if you are eligible or not.

When approved for a personal loan, expect to get your cash transferred to you as soon as possible. You can also check with your bank ahead of time to see if they support instant transfers.

Apply for a same day loan Australia today!

Same day loans are quite simple. They’re just like personal loans, only quicker because they can be accessed on a single day. It doesn’t matter if you need a loan to cover emergency expenses, a car repair, a sudden medical procedure or just treat yourself to some extravagant purchase— same day cash loans are great for getting access to the money you need fast.

MagicLoan takes pride in being able to offer loans to Aussies no matter where they are in the country. Just scroll up to the top of the page to get things started. On average, it would take about 8 minutes for people to get their application finished. Once you’ve submitted it, we will take it from there.

Hopefully, we have already provided you with all the details you need to make the right decisions on whether or not it would do you good to get access to same day cash loan.

When you’re ready to get things started, just scroll up and send us an application!

What You Need To Know About Fast Cash Loans

A cash advance loan is a small loan that is unsecured which can provide immediate aid when there’s a sudden need for funds. Depending on the financial institution, cash advances will be granted and disbursed easily, usually in a matter of 24 hours, as long as you furnished all the required information. The loan is typically repaid in a few weeks to a few months.

Cash Advance – Need quick cash? The answer may be a cash advances.

A cash advance is a loan given to you with the promise in the near term that you’re able to return the cash in smaller repayments. When you need it most, Magic Loan offers cash advances of up to $50,000.  Before starting the application process, read first for more information and you can hit the application if you’re ready. If you start right away, you could be granted an unsecured loan within an hour. We have an extensive panel of lenders and can help provide you with a loan the best suit your requirements. Which is why its important to supply as much information on the application form and accurately so we can asses your needs and find you that emergency cash loan

Is a cash advance my best option?

Magic Loan is a responsible investor who will verify your qualifications for a cash advance by checking your net sales and expenditures information. You will get accepted easily for modest cash advances if you are working with a salary of at least $1,000 a month. The higher your salary, the higher the loan amount you can be granted. However, the amount you’ll receive also depends on your current debt and expenses. 

Quick And Hassle-Free Credit Account Application

You should initiate the application process promptly to determine if you qualify for a same day bad credit loan. With bankstatements.com.au, we’ll be able to view your latest bank accounts online, check your personal and work information, so that the procedure is easy and quick as possible.

The whole process of applying for a small loan just takes several minutes. Your loan will be accepted immediately if we verify that your earnings will cover your expenses. Upon approval, your cash can be electronically transferred to your bank account in under an hour. It could take a bit longer, depending on the bank, but you will usually collect the funds by the next banking day. 

Repaying Your Cash Advance- Apply with Us

If you apply with us, the expected repayments required for your cash advance will always be discussed beforehand. Reasonable repayments can be set up and automatically debited to suit the financial condition and income of our borrowers. If you foresee any income setbacks, please let us know so that we can address repayment modifications readily available to you.

 

Money Can Be Extremely Beneficial To Your Need

With various predicaments, our clients find our short term loans really helpful:

• Outrageously high mobile data consumption bills or international calls
• Automobile or motorcycle malfunctions that also require towing and immediate maintenance
• Unfortunate accidents while travelling that have not been compensated by your travel insurance
• Spending lots of money on a special gift or spontaneous holiday

Whatever your purpose or reason, Magic Loan will assist you today if you satisfy the eligibility requirements for quick cash in advance. Hurry – apply now!