Borrow Money Online
Apply For Quick Cash Loans in Minutes. We’ll Do The Rest
Trusted By Thousands Of Aussies Every Month
Trusted By Thousands Of Aussies Every Month
Need To Borrow Money Fast? We’ve Got Your Back
At CashPal, we understand that life doesn’t always go as planned. Sometimes sticky situations arise and you need to borrow money fast, it happens to the best of us! CashPal is a 100% online lender finding service. We pride ourselves on being able to match you with a lender to suit your financial needs. Our team are committed to finding your perfect personal loan. The CashPal team is the best in the business. You can rest easy knowing that a possible lender will do the right thing by you. So, if you’ve been wondering how to borrow money we suggest you read on.
Reasons For Needing To Borrow Money
Sometimes we all need a leg up. Wondering where to borrow quick cash? Whether it’s borrowing money for an urgent bill or a home renovation, CashPal could have the lender for the job. Although methods have changed over time, the basic premise to borrow money has largely remained the same. Essentially, you borrow a set amount of money and then pay it back for a fixed period at a predetermined interest rate. With the drastic advancement of technology in recent decades, most people now borrow money online.
Here are some simple reasons why an individual might need to borrow money:
Lack Of Access
There are many reasons why you might not be able to borrow money from a bank or borrow money from a bond. Many banks will often refuse to approve an applicant with poor credit. Unfortunately, that cuts a lot of local Aussies out of the picture. Thankfully, the lenders that CashPal partners with will look at the whole picture when accessing your loan. They won’t just focus on your credit score. Your current financial circumstances and relationship with money will play a huge part.
Aside from the fact that CashPal works with lenders who are realistic with their assessments, we will also do our best to get back to you very quickly with an outcome on your loan application. If you submit an application during AEST business you could have a response from our team in just 60 minutes. How quick is that!
Are you thinking ‘I need to borrow money quickly? Sometimes situations arise and which means we need money very fast. If you aren’t eligible to apply for a personal loan through the traditional channels of banks or credit card providers, there is no need to panic! At CashPal, we take a realistic look at finance.
We aim to find lenders who do their best to find you the cash you need when you need it. CashPal’s lenders won’t make a judgment based solely on creditworthiness. We understand that there is much more to you than that! If a possible lender can see you have tried to or are doing your best to fix your credit you could be eligible to borrow money online. The CashPal team will work fast and do their best to secure you the right lender for the job.
Choosing A Lender
Are you wondering what the fastest way to borrow money online is? There are thousands of private money lenders in Australia, so how do you pick the right one?
Making dozens of separate loan applications to individual companies can be time-consuming, and frustrating. You may have to wait days or weeks for a decision to come through. Not many of us have time for that!
Our easy-to-use loan application form takes your application and puts it in front of a panel of leading lenders. This not only gives you a better chance of being approved on a loan application to suit your individual needs but also allows you to get the money you need fast! Your application could be approved in a matter of minutes. At CashPal, we pride ourselves on our high success rate of matching applicants with the right lender for the job.
We know that when you need to borrow money now, the last thing you want to do is spend days researching, or weeks waiting for an answer. If you need to borrow money instantly then CashPal could be the lender finder for the job. We do not advertise instant cash loans online, however, we will do our best to match you with a possible lender very fast. At CashPal we cut straight to the chase.
CashPal was created to help you sort the wheat from the chaff in terms of money lenders. How do you know which is the right lender for you? Which lender is the right fit for you? Which companies are legitimate? Who has the best interest rates? How do I even know I’ll be accepted?
All of these questions can contribute to hours upon hours of internet searching. Why not skip the stress, and just enter all of your information in one handy online form?
No being kept on hold waiting for an advisor to answer your questions. No letters of rejection waiting on your doorstep. With our automated online submission form, you get your answer within a few minutes. If matched, the individual lender will contact you to discuss the terms of your loan contract.
Want to ease the stress? Allow us to find you a lender who can offer you the payday loans you need in the timeframe you want. CashPal pairs consumers with lenders who provide small to large loans. Let us find the right lender for the job.
Are You Eligible To Borrow Money?
Unlike other companies, our application criteria to borrow money are simple:
- 18 years of age or older.
- Be an Australian citizen or a permanent resident with proof,
- Paid a regular income into a personal bank account for at least 90 days,
- Have a direct mobile number and email address
Tick all the boxes? Then we might be able to help!
At CashPal, we pride ourselves on providing money lenders for millennials, money lenders for pensioners, and everyone in-between!
Please note: We never place any restriction on individuals who have received or do receive Centrelink payments. We can not guarantee approval on a loan application, however, we will do our best to find you a compatible lender where possible.
Borrow money: How Much Can You Borrow?
Our lenders could approve loans from $2,500 to $15,000. So, if you just need to borrow money until payday, then we can help!
The amount that will be approved is dependent on background checks such as income and the provision of bank statements. The repayment terms and interest rates will vary depending on the amount you want to borrow.
I Want A ‘No Credit Check Loan’ Can I Still Apply?
Do you have a credit rating you are that will affect your loan approval? Never fear! Most of our lenders will conduct a credit score check, however, this does not been you will be automatically declined a personal loan. The lenders that CashPal can find will do their best to find you a suitable loan product, regardless of your credit score. At CashPal, we do not guarantee approval for every single applicant, but we do guarantee you a fair a reasonable assessment.
Why Do Possible Lenders Ask For Bank Statements?
In order for money lenders to provide fast cash, there are a number of criteria that have to be satisfied. CashPal is proud to be partnered with responsible lenders. What does that mean? Essentially, our lenders do the right thing by you. They want to make sure you will be able to repay a possible personal loan. We want to see our applicants on the road to financial freedom, not in debt!
Your bank statement provides a possible lender with an easy way of determining whether or not you will be able to maintain the repayment terms. Your bank statement will clearly show all of your income and expenses, helping lenders match you with an appropriate loan product.
Our system asks you to upload a bank statement which will be stored as a secure, ‘read-only’ copy. A possible lender will then be able to view this and determine whether or not your current financial situation supports a personal loan.
Payslips, bills, and some additional documents might be required by your loan provider, this varies from lender to lender.
We pride ourselves on having an incredibly fast and simple application process. All it requires is filling out our easy-to-use online form and giving us the essential information we need to find you the right lender.
The information we need will include:
- The amount you need to borrow
- How long you’ll need to pay it back
- Your current employment situation and salary
- A bank statement
- Your reasons for needing to borrow the money
Our team will do their best to match you with a possible lender as quickly as possible provided you apply during normal business hours. These are: Monday to Thursday 8 am to 6 pm, and Friday 8 am to 4 pm EST.
How Do We Assess Your Application?
An assessment on whether or not you are suitable for a loan, and which one you’re offered, is based on the information you give us. Say, for instance, you apply for $15,000 loan, but you only have a very low income you are unlikely to be approved, but you may be approved for a smaller loan. This is because the lender may not be able to fit the requested repayment term into your current budget.
Lenders may require proof of your employment to conduct necessary checks whilst assessing your loan application. If this information is requested, it is in your best interest to provide it as quickly as possible. That way our lenders can conduct a fast assessment and get back to you with an outcome as quickly as possible.
How Much Will A Loan Cost?
Wondering how much your loan will cost you? Why not try our handy loan calculator? You can move the top slider to determine roughly the amount you might be able to borrow and the slider below to determine the possible repayment period. The calculator will then give you estimated calculations of how much your weekly, bi-weekly or monthly payments will be.
CashPal’s lenders offer personal loans between $2,500 to $15,000 for repayment over a period of 12 to 24 months.
Exact interest/fee rates will differ for each contract, please check directly with your lender.
Money Lenders Australia-Wide
If you are looking to connect with the most reputable money lenders in Australia, then look no further.
CashPal connects you with the leading money lenders, with the best rates, from across the country. Whether you’re looking for money lenders in Cairns or money lenders on the Gold Coast, we can connect you with the right lender for the job.
Couldn’t find what you were after here? Try personal loans at MeLoan Australia.