$50 to $5,000 paid out today!

Instant Approval Bad Credit Payday Loans


Fast 3 to 36 month online loans.


100% No obligation loan quote


Get your cash in 60 minutes once accepted*


We don’t credit check or charge any fees†

February 8, 2021

Who is Magic Loans?

A fastest-growing online broker with a smart and quick application process that can be completed in minutes!  Equally quick and fast as Magic, we are here to help with your financial woes. We pride ourselves on providing Instant Approval Bad Credit Payday Loans  for people with bad credit scores.

What are Instant Approval Bad Credit Payday Loans?

Its a type of personal finance that grants you to borrow a small amount of money and repay them within a short-term period with interest and fees added on top.It’s designed for working individuals who need an emergency cash and loan intend to pay it entirely by the next payout. Payday loan are all the rage before not only because it was quick, but it really works for almost everyone. But due to some lenders abusing their consumers with a high-interest rate, it was made illegal in Australia. However here in Magic Loans, we rebranded it to ‘personal loans’ with the same functionality. We also provide instant cash transfers to customers with NPP-enabled bank accounts.

Once approved, you will see the cash in your account almost instantly and ready to be used in just a minute! If that’s not fast, we don’t know what is.

Instant Approval Bad Credit Payday Loans

Need a loan today? Apply online!

Payday Loans For Bad Credit With Instant Approval

With the pandemic, there’s no denying that bills piled up and due dates have been missed. And being denied a quick online loan is the last thing you wanted.Bad credit usually refers to someone who has a credit score below 550, in most cases, these people have a hard time getting approved for a loan whether from a bank or an online lender. A lot of lenders will entice you by saying they do not do background checks but they do. Here in Magic Loans, all you need to do is submit an application and within minutes you will receive an update from us regarding the status of your small loan.

Banks and other lenders hesitate at the sight of customers with bad credit records but we know that there’s a bigger picture behind and it’s our mission not entirely to overlook it but rather a chance to look for other factors, like your income and spending habits. Know-your-customers or ‘KYC’ are a standard operating procedure when assessing online applicants. Any lender who presents instant approval is downright not doing their job responsibly as stated in the National Consumer Credit Protection Act 2009. Even though we do not offer guaranteed approval for loans nonetheless we don’t take your bad credit score as the main factor, we instead focus on how to create a loan repayment plan that will work for you.

Payday loans weekend payout Australia

There are a lot of payday loan companies in Australia, but some don’t accept weekends.

They offer short-term financial solutions for people who need money fast because they need some quick cash for the interim period before they get paid. But be mindful interest rates can be very high so think before you decide to take one out.

Bad credit payday loans

You can get a payday loan even if you have bad credit.

Our lenders will check your financial history before they give you a decision, so it’s important to be upfront and honest and your application  about your outgoing and financial past so we can find the most suitable loan for you

A simple alternative to payday loans

A lot of individuals consider payday loans to be a quick fix to their financial hardships but what they failed to realize is that payday loans have been considered illegal since 2013. Due to this, you might wonder what’s the next available option? Thus, a convenient alternative to payday loans which is personal loans was born.

Personal loans share similarities to payday loans with the exception of giving the borrower a longer-term for payment which ranges from 6 months to a couple of years instead of the typical few weeks term. You can apply for a loan up to $10,000 and receive a payment term up to 24 months (which still varies on the amount you apply for).

Can I get an emergency loan with bad credit?

The answer is yes, totally! Emergencies do come uninvited, so for these situations, we can still cater and give you instant financial aid. Great news! Magic Loans is here to the rescue; we aim to provide emergency loans for people in all walks of life with bad credit records and all. It means we supply unsecured, secured, cash loans, and personal loans- suitable for anyone searching for payday loans with instant approval.

Brace yourselves though, aside from the quick loans mentioned above, below contains a myriad of loan choices you can choose from:

Personal Loans

Short Term Loans

Same day Loans

Secured Loans

Credit Cards

Am I eligible to apply?

If you’re on the hunt for payday loans for bad credit instant approval, then Magic Loans could be your best pal. With Magic Loans, it’s easy as 1,2,3. Hold your horses, it is still important to consider and complete the following requirements to be eligible:

  • Over 18 years of age
  • Permanent resident or Australian Citizen
  • Received a regular income into a personal bank account for 3 months prior to applying
  • Have an active email address and mobile number
  • Have internet banking

What documents do I need to provide?

When you apply with Magic Loans, all documents need to be submitted online. We also encourage you to have these records nearby:

  • Contact information
  • The reason for your loan
  • Internet banking details
  • Mygov account details (if you receive Centrelink benefits)

If you have all the listed requirements above, you can scroll up now and fill out our online form! Once you begin your journey with us, you can begin to relax as we will get back to you as quickly as possible.

Why choose Magic Loans?

You may wonder what sets Magic Loans apart from other online loan competitors? Here’s why:

  • 100% online
  • no printer/scanner? No problem! You can now submit your online loan applications at the tip of your finger.
  • A fresh approach to bad credit
  • If you are on the hunt for an online lender who offers flexible repayment plans and forgiving in terms of looking right past your bad credit score, chances are, you stumbled upon our website and we will make sure you’ll never look back!
  • Fast approvals
  • Gone are the days of long bank queues and endless forms to fill out, we got you. All you need to do is to fill out our online application form and you’ll get the result within an hour.
  • Instant cash transfers
  • Once approved, the funds will be transferred to your bank account in real-time! If your bank has NPP enabled payments, we guarantee a same-day fund transfer so it only took 1 business day yet still depends on your bank.
  • Find out if your bank has NPP-enabled payments here.
  • Transparent service- Here are Magic Loans, hidden fees are a thing from the past and we make sure to provide complete details of your rates, terms, and fees in your contract before you commit to your loan.

Bad Credit Loans High Approval

Small payday loans no credit check

This is a great solution to cover a small expense. We know that a lot of online lenders offer small personal loans to people with bad credit, but you know what’s better? Small bad credit loans! You heard it right, you can apply for an amount as little as $300.00 and have the cash show up in your account before the day ends. Sounds good? Scroll up to apply!

How to apply for a loan

Step 1: Apply online

  • Scroll up to the top of this page, select a loan amount, and click ‘Apply Now’. Next, fill out the loan application, then click ‘Submit’.

Step 2: Get assessed

  • Once we received your application, one of our staff member will send a loan agreement for you to review and sign. Once all details have been confirmed, kindly e-sign the agreement and submit it.

Step 3: Get your cash

  • After we received your E-signature, a member of our team will process and transfer the cash to you as fast as 60 seconds.

Alternatives to payday loans

If the above loan options are still inadequate, below are the list of loan options that you might think will work best for you: 

No credit check payday loans

Payday loans Australia

Payday loans  

Bad credit payday loans

Guaranteed payday loans no matter what

Payday loans Centrelink no credit check

Payday loans weekend payout

Best payday loans Australia


Send your application today!

Send your application with MagicLoan today!

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

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

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

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

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

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

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

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