Same day loans

It’s an everyday personal loan that can be assessed and funded quickly, not a separate product with its own rules. With CashnGo you can borrow $300 to $2,000 as a Small Amount Credit Contract, or $2,100 to $5,000 as a Medium Loan. If your application is approved and you sign your contract, we aim to send the money the same day.

Often, but it’s never guaranteed. Same-day funding depends on your application being approved, you accepting your contract, the time of day you apply and — the big one — how quickly your bank processes the transfer. Apply early on a business day and an approved loan has the best chance of arriving the same day. Outside business hours it can take longer.

The application takes about five minutes and most people get an outcome in seconds. Some applications need a closer look, which can take up to a business day, and occasionally longer if we need more information from you.

Between $300 and $5,000. The amount we can offer depends on your income, your regular commitments and what you can comfortably repay, which we work out during the assessment. If you already have a loan with us, you’ll need to finish it before applying again. First-time customers may be eligible for up to $600 if employed, or up to $300 on Centrelink income.

Small Loans of $2,000 or less have no interest. You pay a 20% establishment fee plus a 4% monthly fee, over 3 to 6 months. Borrow $1,000 over 3 months and you repay $1,320 in total — $1,000 principal, a $200 establishment fee and $120 in monthly fees.

Medium Loans of $2,100 to $5,000 have a $400 establishment fee and a maximum rate of 48% p.a. (comparison rate 65.6597% p.a.). Every figure that applies to your loan is shown before you sign.

You’re welcome to apply, and we look at your current situation rather than your credit score alone — your income, your recent banking history and whether the repayments fit your budget. We do run a credit check and we can’t promise an outcome. If you’re bankrupt or in a Part IX or Part X arrangement, we won’t be able to help.

You need to be at least 18, an Australian citizen or permanent resident, and receiving a regular income for at least three months. Have your phone, email and internet banking login handy — we use a secure read-only connection to view your statements, so there’s no need to dig up PDFs.

Call us on 13 13 11 before your due date and we’ll look at other arrangements. A missed direct debit can attract a dishonour fee from us and from your bank, so it’s always worth getting in touch early. If you’re having wider money trouble, you can also call the free National Debt Helpline on 1800 007 007.

Yes, any time, at no extra cost — and on a Small Loan the monthly fees stop from the day it’s cleared. Use the calculator at the top of the page to picture the repayments first, then set them weekly, fortnightly or monthly around your pay.