Quick application and approval

If you are looking for a quick cash advance to help you pay for some unexpected expenses or put some bills to rest, choose MyOzMoney’s online loans. Our personal loan products and revolving line of credit are designed to help individuals just like you get access to fast cash loans wherever you are and at the time you need them. 

What is a cash advance?

Typically, a cash advance is when a business will arrange for an employee to receive their salary before it is technically due to be paid to them. When it comes to credit, a cash advance is a small loan or a line of credit you can draw on when you need to and is offered at a great interest rate with competitive fees and charges. 

We’re all about being a fair and responsible money lender. We are committed to ensuring that we offer customers a fast and straightforward loan application and approval time for quick cash loans. You can apply for our unsecured loans online for up to $50,000 or a line of credit option of up to $15,000.

Apply online for any of our fast cash loans and complete everything in less than 5 minutes! Once you have been approved for your loan and accepted your loan terms, your cash is then transferred the same day. Depending on your bank account and who you bank with, this means that you could have the funds the very same day that you applied for your cash advance. Now, that’s quick loans. 

All of our fees and charges for our loans online are clearly spelled out on our website and available in an easy to understand format so you can make a fast comparison between products and providers. We want to ensure that you know what fees and interest you are likely to pay before you accept your credit offer. With regards to a cash advance loan, you could even pay out your small loan balance once you have been paid and not have to deal with early termination fees. Your finance, your way. That’s what we’re committed to offering credit customers across Australia.

What is a cash advance fee?

Sometimes short term loans may be only available with steep and exorbitant fees. This is because cash advance providers are often aware of how customers desperately needed the funds. The large fee protects the lender from losing money on credit products that they provide since cash advance loans are often given on short terms.

With MyOzMoney, things are fortunately a little more flexible. You can apply for any of our quick cash loans for up to $50,000. If you’re not sure how much money you should apply for, you may consider using our loans calculator before you send off your application for the best guess estimate. Our personal loan calculator is designed to breakdown the cost of a loan, while our repayment calculator will give you an indicative payment amount. All you need to do is provide the loan term (how long you will be taking the loan over), the interest rate and the total loan amount. The calculator will show you how much your scheduled repayments are likely to be and what the total amount of interest is payable over the complete loan term.

Using this information, you can quickly work out what you’re borrowing ability really is and how affordable something like a wedding loan, a car loan or loan to cover the cost of your renovations really is. Our fixed rate loans offer you a clear budget before you get started on hunting for the perfect new car, new boat or planning out events and projects. You receive all of your credit funds in one lump sum amount transferred directly into your account and then slowly repay the balance over the agreed term. If you find, however, that you’re not looking for a large loan to cover a big upfront cost but instead looking for regular help from a more flexible credit source, then a credit line might work better for your needs.

Flexible cash to use anytime

Our line of credit option is designed to offer you a little cash advance whenever you need it. Similar to our personal loans, applying for our line of credit is entirely online. Customers are approved for up to $15,000, but that doesn’t mean they need to draw down the full amount they are approved for. Instead, you can use your line of credit like a peace of mind safety net. Your credit balance sits there, available for you whenever you need it, and you can repay it on your own terms. When you take out a personal loan, you are committed to repaying that loan amount within the agreed repayment period and amount. With a line of credit, how you repay your balance is up to you. You can pay it off quickly, take your time and even schedule repayment breaks if you need a little extra room.

Of course, we are flexible with our cash advance loans as well. If you are experiencing any trouble repaying your loan, then you simply need to get in contact with us and we’ll discuss a more flexible option in the short term. We are a fair and transparent money lender. We’re here to offer credit solutions tailored to your circumstances so you can make comfortable repayments. 

Quick cash for travel expenses

Planning a trip or holiday somewhere? Everybody needs some downtime whether it’s around the Christmas holidays or a mid-year getaway to somewhere warm and sunny. Often holidays are offered at great rates when you can pay for everything upfront, like your flight, accommodation or tour fees. Our line of credit option is a great way of planning, paying for and paying off your holiday easily. You can book everything in advance and look forward to your trip while you slowly pay off the cost. With some good planning, you might even have paid off your credit balance by the time you’re due to leave. Then you can draw down on your line of credit again and use the funds for spending money. Your money, your way.

 Little getaways with the family are one thing but if you’re looking for an opportunity to go on an epic trip then you may want to consider a larger travel loan. This way you can get the funds you need to start booking everything and then plan to have some funds left over for spending money all in one fixed rate loan. You know what you’re paying and when and can concentrate on planning the life-changing trip that you’ve always dreamed of taking.

Apply now

Whatever you need a cash advance or a quick loan for, MyOzMoney is here to help. We offer competitive rates across all of our credit products and quick and easy online applications you can complete in a matter of minutes. Stop wondering what life is like when your finances are under control or you have that car you’ve been dreaming of and start planning instead. Apply online now.

Cash Advance Loan

If things are a little tight and you’re wondering how you might make ends meet this payday, consider a hassle-free cash advance loan from OzMoney. 

We offer easy finance with same-day approval when you apply for our cash loans. Our fast cash online applications process is designed to be quick and simple and doesn’t involve phone calls or having to deal with supporting documents like payslips. You can apply 100% online in less than five minutes and, depending on who you bank with, get approved for a cash loan and have access to your cash advance loan money today. 

How to check if I am eligible for a cash advance loan?

Finding out if you’re eligible for an OzMoney cash advance loan is easy. 

To be eligible to apply for an online cash advance, you’ll need to be at least 18 years of age and a resident or citizen of Australia for tax purposes. If you meet those criteria, then all you need to do is complete our quick online application process to find out how much you can borrow. Because we offer pre-approval for all our cash spot loans, you’ll have the choice to accept or reject the loan terms offered to you before you sign, so there are no upfront obligations.

When you apply for a cash advance loan, we’ll ask you about how much you’d like to borrow from us and over what period. Once we have those details, you’ll need to tell us about your employment and income, daily expenditure, and any liabilities, savings, and assets. 

Handy hint: It’s important that you’re able to demonstrate your income through regular deposits into the same bank account, so if you’re self-employed or get paid in cash, you might need to change how you process your finances before applying. 

As a big part of the assessment process for our small quick cash loans – and our other personal loan products – we’ll run a quick check of your credit history. You may have heard that there have been some significant changes in the way that credit is reported and recorded. Previously, your credit file only reflected negative credit behaviours, such as where you may have missed a bill or defaulted on a line of credit. 

The new, more comprehensive method of credit reporting – known as CCR – allows us also to see your positive credit behaviours. This means all your regular, on-time repayments are recognised, creating a much clearer, fairer, and more positive borrower profile. Given that your credit score plays a huge part in determining how much you can borrow and what interest rates you’ll be offered, we think this is great!

Once you’ve completed the cash direct login application form, you’ll be asked to sign in to your online bank platform. It’s important to note that we don’t receive access to your account – our system simply requests a 90-day transaction statement in PDF read-only format from your bank. After receiving it, we’ll use it to confirm the information you provided around income, existing debt, and other expenses in your application.

Combined, this information gives us an accurate picture of your current borrowing capacity, including accounting for contingencies.

What are the benefits of a cash advance loan?

A cash advance loan can be the perfect solution for when things get a little tough and you need a little breathing room. Short term loans can give you the flexibility and funds to manage unexpected or challenging expenses on your own terms. We offer a range of same day loans to suit a wide range of needs, covering everything from paying off looming bills, paying rent, or making moving house easier through bond loans, to making big dreams come true with boat finance and wedding loans. 

Is a cash advance loan bad for your credit?

As with any personal loan or credit product, applying for or taking out a cash advance loan is recorded on your credit history. As to how favourably quick loans payday products or short-term loans are perceived is dependent entirely on the bank or money loaner to whom you apply. 

The important thing to remember is that your repayment behaviours are what matter most and what make every customer who takes out a short-term loan or online cash advance equal. Provided you make consistent, timely repayments, your credit rating will remain positive and make you look better for future applications.

What is the fee for a cash advance loan? 

OzMoney believes in responsible lending. We fully support you throughout the cash advance loan application process so you won’t get caught out by any hidden fees and charges.

We offer fast cash loans from $2,100 to $50,000 at interest rates between 7.95% p.a. and 21.95% p.a. To get a full idea of the interest rate, fees and repayments on your desired cash advance loan, check out our nifty personal loans calculator. 

How is the interest rate calculated for cash advance loans?

OzMoney takes care to consider each loan request individually and utilises the latest lending technology to ensure our assessments are fair and transparent so we can offer you the best cash advance loan and ensure affordability for your repayments at the most competitive interest rate for your current circumstances. 

As a general rule, customers with a higher credit score are more likely to be offered higher personal loan limits and lower interest rates, while those whose credit has taken a few hits might be offered less than they’d hoped or at a higher interest rate. Regardless of the loan amount or interest rate, you’ll be improving your credit and increasing your chances of getting a better rate next time with every consistent, on-time loan repayment you make.

Cash Advance Loan

If things are a little tight and you’re wondering how you might make ends meet this payday, consider a hassle-free cash advance loan from OzMoney. 

We offer easy finance with same-day approval when you apply for our cash loans. Our fast cash online applications process is designed to be quick and simple and doesn’t involve phone calls or having to deal with supporting documents like payslips. You can apply 100% online in less than five minutes and, depending on who you bank with, get approved for a cash loan and have access to your cash advance loan money today. 

How to check if I am eligible for a cash advance loan?

Finding out if you’re eligible for an OzMoney cash advance loan is easy. 

To be eligible to apply for an online cash advance, you’ll need to be at least 18 years of age and a resident or citizen of Australia for tax purposes. If you meet those criteria, then all you need to do is complete our quick online application process to find out how much you can borrow. Because we offer pre-approval for all our cash spot loans, you’ll have the choice to accept or reject the loan terms offered to you before you sign, so there are no upfront obligations.

When you apply for a cash advance loan, we’ll ask you about how much you’d like to borrow from us and over what period. Once we have those details, you’ll need to tell us about your employment and income, daily expenditure, and any liabilities, savings, and assets. 

Handy hint: It’s important that you’re able to demonstrate your income through regular deposits into the same bank account, so if you’re self-employed or get paid in cash, you might need to change how you process your finances before applying. 

As a big part of the assessment process for our small quick cash loans – and our other personal loan products – we’ll run a quick check of your credit history. You may have heard that there have been some significant changes in the way that credit is reported and recorded. Previously, your credit file only reflected negative credit behaviours, such as where you may have missed a bill or defaulted on a line of credit. 

The new, more comprehensive method of credit reporting – known as CCR – allows us also to see your positive credit behaviours. This means all your regular, on-time repayments are recognised, creating a much clearer, fairer, and more positive borrower profile. Given that your credit score plays a huge part in determining how much you can borrow and what interest rates you’ll be offered, we think this is great!

Once you’ve completed the cash direct login application form, you’ll be asked to sign in to your online bank platform. It’s important to note that we don’t receive access to your account – our system simply requests a 90-day transaction statement in PDF read-only format from your bank. After receiving it, we’ll use it to confirm the information you provided around income, existing debt, and other expenses in your application.

Combined, this information gives us an accurate picture of your current borrowing capacity, including accounting for contingencies.

What are the benefits of a cash advance loan?

A cash advance loan can be the perfect solution for when things get a little tough and you need a little breathing room. Short term loans can give you the flexibility and funds to manage unexpected or challenging expenses on your own terms. We offer a range of same day loans to suit a wide range of needs, covering everything from paying off looming bills, paying rent, or making moving house easier through bond loans, to making big dreams come true with boat finance and wedding loans. 

Is a cash advance loan bad for your credit?

As with any personal loan or credit product, applying for or taking out a cash advance loan is recorded on your credit history. As to how favourably quick loans payday products or short-term loans are perceived is dependent entirely on the bank or money loaner to whom you apply. 

The important thing to remember is that your repayment behaviours are what matter most and what make every customer who takes out a short-term loan or online cash advance equal. Provided you make consistent, timely repayments, your credit rating will remain positive and make you look better for future applications.

What is the fee for a cash advance loan? 

OzMoney believes in responsible lending. We fully support you throughout the cash advance loan application process so you won’t get caught out by any hidden fees and charges.

We offer fast cash loans from $2,100 to $50,000 at interest rates between 7.95% p.a. and 21.95% p.a. To get a full idea of the interest rate, fees and repayments on your desired cash advance loan, check out our nifty personal loans calculator. 

How is the interest rate calculated for cash advance loans?

OzMoney takes care to consider each loan request individually and utilises the latest lending technology to ensure our assessments are fair and transparent so we can offer you the best cash advance loan and ensure affordability for your repayments at the most competitive interest rate for your current circumstances. 

As a general rule, customers with a higher credit score are more likely to be offered higher personal loan limits and lower interest rates, while those whose credit has taken a few hits might be offered less than they’d hoped or at a higher interest rate. Regardless of the loan amount or interest rate, you’ll be improving your credit and increasing your chances of getting a better rate next time with every consistent, on-time loan repayment you make.