Quick Cash is a small loan provider in Australia offering cash loans between $200-$2,000. The repayment term is set at a minimum of 62 days and a maximum of 12 months, and repayments can be done on a weekly, fortnightly, or monthly basis. The lender sets up a direct debit with the borrower’s bank to seek repayments on each payday. The lender has a fast online application process and is committed to providing quick cash loans to its customers to pay for emergency expenses by disbursing cash within an hour of approving the loan application.
Types of loans
Quick Cash offers the following types of loans:
- Cash Loans
- Instalment Loans
To be eligible for a Quick Cash loan, borrowers must:
- Be a citizen of Australia
- Be over the age of 18
- Have employment that provides a stable regular income of more than $500/week
- Have an acceptable credit history
Pros & Cons
- Completely online application process is convenient and fast
- Approval is quick, and the e-agreement can be electronically signed within minutes
- Funds are quickly deposited into the borrowers account within an hour after the loan application approval
- Allows application 24/7
- Uses direct debit for repayments
Borrowing costs of Quick Cash loans
The borrower charges a 20% establishment fee and a 4% monthly fee.
|Loan Type||Loan Amount||Loan Term||Total Repayment Amount||Total Borrowing Cost|
|Cash Loan||$500||3 Months||$660||$160|
|Installment Loan||$750||3 Months||$990||$240|
Information Required To Apply
- Bank account details
- Driver’s license or medicare number
How To Apply
To apply for a Quick Cash loan, simply follow these steps:
Step 1 – Access And Fill The Online Application Form
Go on the Quick Cash website at www.quickcash.com.au and click on the Apply button on the top right corner of the screen.
Next, fill out the application form. This form will require your personal, financial, residential, and financial information, so make sure you have all the necessary information with you.
Step 2 – Verification
The lender will verify your information and send back the loan terms, which you are required to electronically sign.
Step 3 – Final Approval
After conducting some final checks, if approved, the lender will disburse the loan amount within an hour.
1. Are Quick Cash loans online?
Yes, the application process is completely online.
2. Can I apply for a Quick Cash loan if I receive government benefits?
Yes, as long as government benefits don’t account for more than 50% of your total income.
3. Does Quick Cash allow early repayments?
4. How do I make repayments on a Quick Cash loan?
Repayments are made through the direct debit facility, which will automatically deduct the repayment amount on your payday.
4. Does Quick Cash provide instant loans?
Quick Cash loans are disbursed within 60 minutes after the loan application is approved.
Lenders Like Quick Cash
|Perfect Payday||Perfect Payday is loan service provider, connecting borrowers with the most suitable lenders in its pool. Loans of up to $10,000 can be sought through the service.|
|Clear Loans||Clear Loans provides guarantor loans of amounts between $3000 – $10,000. The loan term allowed is between 12-60 months|
|Cash Stop Loans||Cash Stop Loans is a loan provider in Australia. The loan amount varies between $300-$5,000 with a term of 16 days to 2 years.|
|Credit 24||Credit 24 provides line of credit and personal loans between $500 to $10,000 with varying loan terms.|
No promo codes are available for Quick Cash at this time.