Spending hours googling ‘cheap loans’, ‘cheapest personal loan rates’ or ‘cheap interest loans’? Finding the best personal loan for your individual financial circumstances can be tricky and confusing. There are so many companies out there promising cheap personal loans, but who can you really trust? At CashPal, we like to do things a little differently. Our team will review your loan application and do their best to find you a compatible lender. We won’t claim to approve every single loan application, however, we will guarantee you a fair and reasonable assessment. CashPal partners with like-minded lenders who prefer to take a more realistic and down to earth approach to personal loans. When you apply with CashPal, what you see is what you get!

What Are Cheap Personal Loans?

Have you been wondering what cheap loans actually are? Let us put it simply. A cheap personal loan is often defined by the amount of interest payable on a loan or the cost of setting up the loan. At CashPal we do not claim to offer cheap loans, however, we will do our best to find you the best deal possible with one of our partnered lenders. The best part about submitting an application with CashPal is that it is completely free. Applicants are not obliged to accept an offer from a lender if they do not wish to do so.

It is important to remember that, if you are matched with a compatible lender, the terms and conditions as well interest rates will be clearly outlined in your contract. We encourage all applicants to thoroughly read through their agreement before accepting and contact their lender with any questions they might have.

CashPal: Who Are We?

CashPal is the trusted name in online lending. We don’t think finding a personal loan should be difficult, that’s why we take the stress out of the whole process. Our team believes in honesty and transparency. What does that mean? Well, if we can’t find you a compatible lender we will let you know. At CashPal, we don’t want to waste your time. We won’t mess around. If we are able to find you a match we’ll get in touch as soon as possible – we do our best to get back to you with an outcome in 60 minutes.

When you submit an application with CashPal you can rest easy knowing you’re in safe hands. We only partner with reputable lenders who are transparent regarding their interest rates, terms and conditions. We encourage all successful applicants to make themselves aware of any possible fees or charges that could incur from late or failed payment before signing their contract. CashPal is here to help. So, if you have any questions at all don’t hesitate to get in touch with our team!

CashPal Makes It Easy To Find Cheap Loans Online

No one wants to spend more than they have to on a personal loan. So, why is CashPal the best choice when it comes to a reasonably priced personal loan?

We Submit Your Application To Multiple Lenders!

When you apply for a personal loan with CashPal we submit your application to a variety of different lenders. What does that mean? Basically, when we receive your application, we will contact our lending partners to see if we can find you a match. Often, this means you get the best deal possible. As stated, we won’t claim to provide cheap loans, however, we will do our best to get you the best deal possible. CashPal takes the hard work out of the entire process. You won’t have to submit multiple applications to multiple lenders in order to find the best deal – we’ll do it for you!

100% Online Application

We love convenience and we think you will too! When you apply with CashPal you won’t even have to leave the comfort of your own home. Our application form is 100% online, that means you won’t even have to leave the couch to submit an application. It could only take you a few minutes. Our team will do their best to get back to you with an outcome in 60 minutes. So, if you’re looking to find the cheapest personal loan interest rate then CashPal could be the lender you’ve been searching for.

What You See Is What You Get!

At CashPal, we are proud to partner with like-minded lenders who prioritise honesty and transparency. We know it can be confusing to sift through pages and pages of google searches looking for a reliable online lender. So, don’t spend hours googling ‘cheapest personal loan interest rate’, ‘cheap loans for pensioners’, ‘cheap cash loans’ or ‘cheap small loans’, let CashPal do their best to find you a reliable lender.

Who Can Apply?

Ready to apply? Wondering if you could be eligible? The good news is, at CashPal we like to keep the application criteria pretty simple. If you’re looking for cheap loans, at CashPal we’ll do our best to find you the best deal possible on a personal loan. You’ll just need to say ‘yes’ to the following:

  • Am I aged 18 or over?
  • Do I have a valid mobile number?
  • Do I have a valid email address?
  • Have I been employed for the past 90 days and have proof of income?

Pretty simple, hey! Our partner lenders only require the basics to review your application. You could even have an outcome in 60 minutes. So, what are you waiting for?


Have you been wondering what documentation our partner lenders might ask you to provide? The good news is, they will probably only ask you to submit the basics. If you’re considering an application for a personal loan here’s what you’ll need to be able to show your lender:

  • Online banking details
  • An active email address and mobile number
  • The reason you are applying for the loan
  • Your MyGov details (if you are receiving Centrelink payments)
  • Employer and contact details

Online Banking Details

Are you wondering why CashPal’s partnered lenders might ask you to provide your online banking details? There’s no reason to freak out – your lender will never look at your real bank account! Online banking details are usually used as a way of obtaining read-only copies of bank statements. Bank statements allow a lender to get a more realistic idea of your spending habits, income and pre-existing financial commitments. If you’re worried about security there is no need to be! Our partner lenders use the latest in safe banking technology to ensure your information is always encrypted – that means no one will ever be able to see your passwords or personal information. If you’ve got questions we’re here to answer them, all you need to do is get in touch with the CashPal team!

Employment Checks

‘Will a possible lender conduct an employment check?’ When you apply for a personal loan with CashPal we can’t say for sure whether your lender will conduct an employment check, however, in most cases they will. An employment check is a normal part of a loan assessment process – so, there is nothing to be concerned about. CashPal only partners with responsible and reliable lenders. That means they will always be professional and courteous when conducting an employment check. Your privacy and security is a top priority, that means no personal or private information will ever be disclosed to your employer (including the reason you why you are applying for a personal loan).

What If I’m Receiving Centrelink?

If you’re receiving Centrelink or Government benefits then you are still able to apply for a personal loan, however, approval can never be guaranteed. When you submit an application with CashPal it is important you include your MyGov details so that our team can attempt to find you a compatible lender. Most of the time, our partner lenders will need to take a look at what percentage of your income is derived from Centrelink. Due to the fact that every financial situation is different, unfortunately, we can not provide you with a straight ‘yes’ or ‘no’ answer. So, if you’ve been googling ‘cheap loans on benefits’ the CashPal team encourages Centrelink recipients to still submit an application – we will do our best to match you with a compatible lender.

Credit Score Checks

Are you wondering whether or not a possible lender will check your credit score? Every lender is different, however, most will conduct a credit score check when you apply for a personal loan. CashPal is proud to partner with responsible lenders. What is responsible lending? Basically, responsible lending means we do the right thing by our applicants. Responsible online lenders will conduct credit score checks in order to ensure a personal loan is viable in each applicant’s current financial situation.

At CashPal, our lending partners want to promote financial health and wellbeing, we do not want to get you into debt! That being said, our lenders will look at factors like employment status, bank statements and income in order to get a better grasp of your financial situation. Basically, our lenders want to know whether or not you will be able to comfortably pay off the loan – that is the most important part!

Cheap Loans For Bad Credit

Have you got a poor credit score? Worried that a bad credit rating might stand in the way of a personal loan? When you apply with CashPal there is no need to be. If you’ve been searching google for ‘cheap loans no credit checks’ or ‘cheap loans online bad credit’ then you might have come to the right place. As stated, CashPal does not claim to provide cheap loans – however, we will do our best to match you with a lender who can provide the best possible deal.

At CashPal, we look at poor credit a little differently. Our team doesn’t think this should be the only thing standing between you and approval on a personal loan. We will do our best to match you with a lender that looks at more than just your credit score. So, if you’ve been searching for cheap loans no credit check, CashPal could find you a lender to provide a fair and reasonable rate on a personal loan.

How Do I Apply?

The good news is an application is super simple and could only take you a few minutes to complete. Here’s how you do it:

Apply Right Here!

If you’re ready to get started all you’ll need to do is scroll up and use our loan calculator to select a loan amount and repayment period that suits you. When you’re happy just hit ‘get started’ and our team will begin assessing your application.

We’ll Hook You Up

Once we’ve received your application the CashPal team will start searching for a compatible lender. Basically, we do the hard work for you. If we’re able to find you a lender, they’ll be in touch. At CashPal, we won’t mess around. If we are unable to find you a compatible lender we will let you know as soon as possible. Our team does their best to get back to you with an outcome in 60 minutes.

You Make A Decision

If the CashPal team has successfully matched you with a lender you may receive an offer. Remember, it is up to you to decide whether or not the lender’s offer is right for you. There is no pressure to accept. We encourage all applicants to read over their agreement before making a decision. It is important to be aware of any fees or charges that could incur due to late or failed payments. The CashPal team encourages you to get in touch if you need assistance!

Get Your Cash!

If you’ve decided to accept your loan application congratulations! Your lender will transfer the cash straight to your account. Often instant banking is available and the cash will be in your account within 60 seconds, however, CashPal can not speak for all lenders. In some cases, the cash may be deposited into your account in the next round of banking. It is important to remember that inter-bank transfer times can play a part in this process.

Looking for payday loans no credit check? Get the lowdown with CashPal!