What Are Personal Loans

An online personal loan is a cash loan that is loaned in a personal name that can be both secured or unsecured, personal loans a generally financed over 12 to 60 months and repaid with a fixed monthly repayment over the term agreed upon between the lender and the borrower. Personal loans online are so easy to access these days thanks to great technology in the banking sector however personal loans do come with fees, charges and interest rates.

Applying for a personal loan online

Applying for a personal loan online is very simple and can be done within minutes, with paperless personal loan applications it has never been easier to apply for a loan and now most lenders offer instant transfer which means, once approved and once you have signed your contract with the lender you could have the funds in your account within minutes!

Consumers should think carefully before applying for a personal loan and get some advice. CashPal is a lender finding service, we do not fund any product and do not offer any financial advice.


Personal Loans
Online Personal Loans.

Can CashPal Find Me A Personal Loan?

CashPal can pair you with a lender who can provide a personal loan ranging from $2,500 to $30,000. In many cases, we’ve even been able to secure same day personal loans. As one of Australia’s largest online personal loan lender finder CashPal help, thousands of everyday Aussies find a personal loan that suits their needs by working with a wide range of trusted and responsible lenders across Australia.



With CashPal, you only need to apply once for your personal loan online and we do all the hard work to find you the best-suited lender for your loan application. So, no matter what your financial situation is you can apply with CashPal Personal Loans, even if you have bad credit personal loans, you can still apply anytime!

How can Green Personal Loans Be Used?

Green loans are personal loans that lenders consider to be used for environmentally friendly items or upgrades. Green personal loans can be used for items such as rainwater tanks or solar upgrades within your property. Some lenders will offer a reduced interest rate should you obtain a personal loan for such use.

Green Personal Loans, are an essential part of funding towards a greener future, not only do we pledge we are an Online Personal Loans business only guaranteeing that we are Carbon FREE & Paper FREE, our Online Personal Loans side to the business is committed to a bright future for our younger generation and ensure that we will play our part in maintaining a commitment to the planet.

Loans & Personal Loans can play an integral part in making the world a safer place, a Green Personal Loans gives access to Personal Loans for people all over the country for a multitude of Green Personal Loans purposes but are not limited to larger loans that require a more extensive application process if your going GREEN with your Personal Loans make sure you let us know in step 5 of your application process.

Read more about our pledge to our global community in keeping the earth GREEN & Loans Safe!


Many people take out personal loans for home improvements

What Are Personal Loans Used For

Personal loans are used for all types of reasons from paying an excepted bill to purchasing a car or even renovating your house. There is no real limitation on what you can use the funds for when you apply for an online personal loan.

Below are some reasons someone would apply for a personal loan:

  • Holiday personal loans
  • Emergency personal loans
  • Utility bills
  • Car repair personal loans
  • Rent bond personal loans
  • Debt consolidation personal loans
  • Boat personal loans
  • White goods personal loans
  • Renovation personal loans
  • Medical expenses personal loans
  • New car personal loans
  • Used car personal loans

Secured & Unsecured Personal Loans

While some online personal loan lenders will ask to secure the personal loan they offer you against a car, boat or some type of asset there are plenty of lenders who offer personal loans that are not secured. Lenders will assess your personal loan application to know what they can offer you when applying.

At CashPal we are a lender finder that will save you time and stress by matching your online personal loan application to the best-suited lender that can help you, once approved and matched, the lender will contact you to complete the process.

Why CashPal?

CashPal work with a large panel of lenders that offer all types of online personal loans in Australia to suit people from all walks of life because let’s be honest, we are all different, our past, present and future are unique and thankfully when it comes to personal loans our lenders know this and will access all applications so take the stress out of applying so many times with so many lenders, apply once with CashPal and let the team at CashPal find the best-suited lender to match your needs.

Same Day Personal loans
  • Borrowers who need cash instantly or have a bad credit rating
  • Applicants who don’t want to turn to relatives or friends for help
  • Borrowers who are looking for an alternative to payday loans

These small personal loans can offer quick, unobstructed access to financial resources. The loan lenders that CashPal partners with can make you a tailored offer based on your specific needs.

Different spending habits and income levels are taken into account because experts know even the best financial planners can be caught unaware. Some things in life you just can’t plan for.

Bad Credit Personal Loans

Bad credit personal loans are targeted to people who have a credit rating that isn’t great or may have defaulted on past payments. Having bad credit does not help your chances of getting a personal loan however, this does not mean you cannot get a personal loan online.

There are lenders that can offer loans for bad credit and at CashPal being a lender finder we can assist in finding you the right lender.

The larger banks in Australia do not normally fund bad credit loans but there are so many other lenders who will assess your personal situation to try and assist in funding your bad credit personal loan. Apply now for a bad credit loan within 5-7 minutes.

Same Day Personal Loans

With so much technology the banking sector is now moving up to speed and implementing this technology to offer same day personal loans. Most lenders are able to offer same day personal loans. Some personal loan lenders now even offer loans paid within 60 minutes (depending on who you bank with).

At CashPal, if you apply online and depending on who you are matched with for your same day personal loan you too may be eligible for a personal loan paid out in the same day.

Our Partners Accept Personal Loan Applications 24/7

We use the latest technology to process applications 100% online. We also guarantee a high level of data security. Our streamlined application process makes it possible for us to look for a lender on your behalf with almost no need for your intervention.

You can upload the basic documents we require, such as ID documents, recent utility bills, and proof of income.

Are you struggling financially right now? You’re not alone. A 2012 Australian Bureau of Statistics study on Australian social trends revealed that every fifth Australian household had “insufficient” funds. More specifically, almost 2.5 million Australians were not able to source $3,000 in an emergency situation.

Short Term Personal Loans

A short term personal loan can start at as little as $2,500 and go up to $30,000. These loans are helpful for people who are unemployed or are unconventionally employed. Normally, short term personal loans are unsecured, which means the borrower is not pledging an asset in exchange for the loan. This means if you default on the loan, there’s no collateral to be seized.

To compensate for this risk, lenders will charge relatively high-interest rates on a short term personal loan that is not secured.

Find out more about short term personal loans here

Largest Panel Of Personal Loan Lenders

Our lending partners are ready and happy to fund anyone who is eligible, in the nick of time. Some applicants have received loans within 1 hour of applying. All applicants are assessed, and individual circumstances are addressed. Everyone is welcome to apply, regardless of their credit history. It only takes a few minutes to do so, and we’ll explain the process to you.

Our lender partner’s personal loans are customised according to the borrower’s financial circumstances.

Unemployed individuals can also apply, however, they must have some source of income. Lenders diversify their products to help unemployed individuals. Again, these loans will be offered with a relatively short repayment period.

Personal Loans Online: The Future Of Personal Loan Lending?

Experts estimated that by 2020, 90% of all loans will be processed online (they weren’t wrong either). CashPal is a fully online lender-finder and has been since 2018, which allows us to be a fast, easy and convenient solution in times when you need cash and need it fast.

We’ll do everything possible to pair you with a lender that can help you when looking for a personal loan.

To apply, you must be at least 18 years old, a citizen or permanent resident of AU, have been receiving a regular income into a personal bank account during the last three months and you’ll need to provide a phone number and email address.

CashPal Is The Future Of Lending?

To find a lender, we’ll need a read-only copy of your bank statements. Centrelink payments fulfil the income requirement but bear in mind that your lender might ask to verify that you’re receiving Centrelink payments.

Once you’ve applied, we’ll start looking for a lender at once and inform you of the outcome as soon as possible.

We won’t need any additional documents from you, because we only deal with the initial application. You might need to provide your future lender with copies of payslips, bank statements, and/or bills in order for them to verify your identity and your personal circumstances.

We are all different! 

The requirements may vary from one loan provider to another, so it’s best to wait and see if we can find you a personal loan lender, and then check what their requirements are.

We do not guarantee we’ll find you one – we simply try our hardest to ensure that each and every application gets a fair assessment and as an Aussie has the best chance to find a personal loan lender when they are in need.

Our application process is 100% online. All applications must be submitted via our mobile-friendly website and application portal. Send us an email or fill out a contact form if you’d like to get in touch with us directly.

No Credit Check Personal Loans?

CashPal does offer no credit check personal loans however, It depends on the loan provider. almost all of our loan partners do credit checks, while others may not. A bad credit score isn’t the only factor taken into account when deciding the outcome of an online personal loan application. Lenders will look at so many factors when they do their assessment.

Your loan provider might conduct a quick employment check to verify that you are employed.

Check out our page on Bad Credit Loans for more information about bad credit personal loans.

Why Use CashPal When for Personal Loans

CashPal being a lender finding service for personal loans we are here for the sole purpose of matching each and every personal loan application to the best-suited lender.

CashPal partners with so many loan lenders across Australia that specialise in all types of online personal loans so whatever your reason is for applying, whatever your credit history is CashPal will try its hardest to match you with a lender to help.

Applying with CashPal is 100% free, 100% online and 100% made by Aussies for Aussies, with one of the easiest and simplest online applications and with such a large panel of personal loan lenders why would you apply anywhere else? CashPal is the home of personal loans for Aussies. Click here to apply now

Apply Now

You can apply through our website at any time! Please note that your application will be processed during normal business hours. So, we’ll respond within one business day if you apply or contact us outside of business hours.

At CashPal the application process is broken down into four simple steps:

Step 1: Submit Your Application

Scroll up now to find our loan calculator and start your application. Once you’re there, just select your desired loan amount and term then hit apply. Y. When you’re ready, enter in the remaining details and hit submit!

Personal Loans
Personal Loans Application Step 1:


Step 2: We’ll Hook You Up

After you’ve submitted your application, we get to work finding you the right lender. Once we’ve found a match, we’ll send you our results! When you submit your application during business hours, we could find you a lender in a snap. So, keep an eye on your emails and SMS.

Personal Loans Application Process
Personal Loans, Step 2 Application Process
Step 3: Meet Your New Lender

If we’re successful in finding you a lender, then we’ll put you in touch with them to go over any final details. They will then conduct a full, comprehensive assessment and send you a contract to sign. From there, it is only a matter of time until the funds hit your account!

Personal Loans Process Step 3
Your Personal Loans, done right! Step 3! Personal Loan Lender Offers You A Personal Loan Contract.
Step 4:Get The Money

The lender decides when the applicant gets the money. The bank transfer might take longer if you and the lender use different banks. If you have any questions about your application, contact your lender directly.

Personal Loans Step 4
Personal Loans, Step 4: Done Right – Approve & Time Make Use Of Your New Personal Loans Funded by CashPal.



CashPal is a lender-finding service only. We do not offer financial advice. We do not fund any loan product. Consider seeking independent legal, financial, taxation or other advice. To check how the information and ideas presented on this website relate to your unique circumstances.