สล็อตออนไลน์

บาคาร่าออนไลน์

สล็อตออนไลน์

สล็อตออนไลน์

บาคาร่าออนไลน์

Quick Cash Loans Instant Decision 247 Australia

$50 to $5,000 paid out today!

Quick Cash Loans

Fast 3 to 36 month online loans.

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100% No obligation loan quote

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Get your cash in 60 minutes once accepted*

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We don’t credit check or charge any fees†

April 19, 2022
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Quick cash loans explained 

It’s tough dealing with an unexpected expense you have not saved for. What’s even tougher is when such expense needs to be settled as soon as possible. This means you won’t have the luxury of time to wait around until you finally get paid. Thankfully, these days, you don’t have to. If you have to deal with a car breakdown, an emergency trip to the hospital, an unexpected vet bill or other urgent expenses, taking out quick cash loans may be a good solution. 

Quick cash loans can play a very crucial role in making sure that you stay on top of your financial obligations for those instances when your payday is still several days away and you’re faced with an urgent expense. Thanks to how easily accessible and quick these loans are, getting your hands on much-needed funds won’t be a problem. 

Speedy Loans

What to expect when taking out fast cash loans

When submitting a loan application at MagicLoan, you will need to submit the loan form along with the required documents. The loan submission then gets viewed by our lender partners. What’s good with this setup is that there will be no negative impact on your credit score. After the participating lenders have seen your personal and financial profile, they will then decide whether they can offer you an emergency loan or not. If they can, they will get in touch with you over the phone or through email to discuss with you the terms of the loan. 

While this whole process may seem a bit intricate at first glance, it happens at a significantly faster rate. Often, the funds you have applied for will likely get transferred to your account on the very same day you have sent in your application. In some cases, it could even be as fast as 60 minutes. 

Since the system is mainly technology-driven, the application process is streamlined to ensure the least inconvenience and hassle to the borrowers. No human interaction is required to proceed with the application. There certainly is no need for you to come to an actual lender’s office to submit your form. Also, there may be instances when the lender will need you to submit additional documents. In this case, the small loan approval might get delayed but should go through within the next business day.

The time frame for the loan approval is also going to be dependent on when you made the enquiry. Making enquiries in the evening would mean that it is well beyond the usual working hours. Hence, you can likely expect to get our cash on the following business day. 

Credit requirements

At MagicLoan, we take pride in ensuring that our customers will get access to the best possible financing options. We work with digital lenders who are happy to assist a plethora of customers regardless of their credit score or employment status through loan structures that are specifically designed to accommodate borrowers’ capacity to pay it back rather than on their credit scores alone.

Some of the basic requirements that borrowers are expected to meet are:

  • Having a regular income for no less than 90 days
  • Being at least 18 years old
  • Receiving income directly into a bank account

Benefits of quick cash loans

Perhaps one of the most notable upsides of taking out quick cash personal loans is the speed at which a customer can obtain the extra cash he needs. Compared to other financing options offered by other finance facilities where it could take days, even weeks for a loan application to get processed and approved, a quick cash loan can be approved within 60 minutes from submitting a form. 

In addition, you can get the loan paid off within a much shorter period, so you will not be burdened with making repayments for an extended time. The repayment costs will be fixed too and will remain constant all throughout the duration of the loan. This makes it so much easier to stick to a budget. 

Most lenders will let you pay off the loan sooner than what is stated in your loan term without penalising you in any way. This alone can help you save a considerable amount of cash from loan interests and debt costs. 

Managing a quick cash loan

It is crucial to keep loans and other financial liabilities managed effectively at all times. To do this, one must stick to a budget to ensure that your cash loan can get paid off as soon as you can. It wouldn’t hurt too to make extra repayments if you can afford it. When lenders offer you a loan, it is based on how much you are earning and your expenses at the time of your application. This decision is made to ensure that you can afford to repay the loan. 

If after taking out a cash loan, you suddenly see an increase in your living expenses then this is going to impact your means to pay off the debt. This might make it harder for you to keep up with the debt repayments. This is the reason that borrowers planning on taking out a cash loan are advised to set up a budget ahead of time and to stick to this while the loan is still active.

Quick Cash Loans

Costs of quick cash loans

When taking out a cash loan, expect to get charged an establishment fee capped at 20% along with a flat monthly fee capped at 4%. For instance, if you are taking out a $2000 loan, it falls within the bracket of $2000 to $5000 loans which get an APR of the maximum 48%. If you intend to take out a much larger personal loan, loan rates will be based hugely on your credit score and can vary from one lender to the next. 

Taking out multiple quick cash loans

It is never advised to take out several online quick cash loans at the same time or within a short period of time. This is because every time you take out a personal loan or short term loan, a credit enquiry is carried out which lenders can see. This will be viewed in a negative light as this might mean that you are desperate for cash. If you want to get access to some of the best quick cash loans around, the best way to do it is to send an application through MagicLoan. As a lender finder, we have access to a wide range of potential lenders from across the country to ensure that you will eventually get paired with somebody that can offer the best rates. Different lenders will look at your application without any negative impact on your credit score.  We do the heavy lifting to ensure that at the end of the day, you get the right loan from the right lender. Just fill out an application form and we will do the rest. 

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.