Fair and affordable loans

We are a money lender offering fast cash loans online to customers across all regions and cities of Australia. We provide quick and simple application processes that you can complete in a matter of minutes. As a fair and transparent online money lender, you can access your fees and repayment schedules online and enjoy lower rates than our competitors We won’t charge you with early payout fees if you’re able to clear your credit balance before the end of your loan term.

Our products exist online, and we don’t even have a physical branch! But that doesn’t mean we aren’t a business full of real human beings. To ensure that every customer understands their cash loans online or their line of credit option thoroughly, we have a range online resources designed to be plain-speaking and easy to understand, as well a host of agents available to respond to your queries either over the phone or via email. If anything is unclear, please speak to a customer service agent and any of our friendly team members will be happy to take you through whatever you need to know.

You can complete your application for our complete range of personal loans in just a few minutes. There are no frequent phone calls and you can submit everything through your desktop or mobile phone. We can verify your indentity online and proof of your personal income and savings balances too. We cut down on the unnecessary paperwork and focus on fast, smart processes that get you the money you need sooner rather than later. 

Calculate your loan amount

Not sure what the best cash loans online amount should be? If you’re looking for quick and easy finance but you’re not sure how much money you are willing to borrow, consider looking at our online tools and resources like a personal loans calculator to accurately assess your borrowing capacity for some extra cash.

These loan calculators are designed to help you understand the difference between your loan balance and the interest charged over your loan term, showing you just how affordable your cash loans online will be once you’re approved. Using a repayments calculator will give you an estimated monthly repayment amount that you can use to budget indicative payments into your existing living expenses. From there, you can see whether you can make extra repayments to reduce your total loan term and save on interest in the long run – or whether you should opt for a short term loan and pay the higher monthly repayments to pay off your loan sooner rather than later.

You can also use a loan calculator to determine which type of credit product works best for your needs. If you need credit funds to help you purchase a car or a boat, pay for renovations or a wedding, cash loans online could be the best option. You can borrow the total amount that you need and quickly budget in your repayments that you’ll make slowly over time while you enjoy your new purchase. These are fixed rate loans that remain at the agreed-upon interest rate for the entire loan term so you know exactly what the loan is worth and how much it will cost you. Plus, you won’t be hit with early termination fees if you’re in a position to close out your balance ahead of schedule.

Revolving line of credit

Another credit product that e offer is a line of credit which you can use to pay for everyday things and managing unexpected bills. It works similarly to a credit card and quick cash advance when you need it. With MyOzMoney’s line of credit, you are pre-approved for up to $15,000 that you can choose to draw down wherever you are and at the time you need cash. The minimum amount you can draw down at any time is $100, making this option a highly flexible credit source for people who aren’t sure when they’ll need additional funds, how much they will need and exactly how long they will take to repay their balance.

Like credit cards, the credit you repay becomes free again to borrow when you need it later. Unsecured loans, however, do not offer you this flexibility. You are not able to redraw credit funds from your quick loan, and if you do need another small loan then you will need to apply for one.

Extra cash for big spending

When it comes to repaying your line of credit, you’re in control. You can use your credit line to help you with quick cash loans for moving to a new house and then slowly repay what you needed to borrow over time as you settle in. Once you are settled, you can simply repay your total balance immediately if you choose to, or continue to repay it slowly. You can even reschedule repayments when you need to and allow yourself a little extra breathing space now and then.

This is also a great option for people looking to book and plan a yearly holiday. Simply draw down the funds you need at the time of booking, pay for everything upfront, enjoy the early bird specials, and then slowly repay your balance over time. You could have totally repaid in time for the holiday itself and then redraw on your credit line to ensure you’ve got plenty of spending money to take with you.

How to get a cash loan

Our entire application process takes place online so there’s no need to send us copies of things. To be eligible to apply for either our cash loans online and our line of credit, you must be at least 18 years old, a permanent resident of Australia and be currently employed. We will review things like your current salary, your living expenses and your credit history to come up with cash loans online amount tailored to you. Don’t worry if you have bad credit and you’re looking for something like a debt consolidation loan to clear it up. We’ll help if we can. 

We believe in responsible and transparent lending which means all of our fees, terms and conditions are available online for you to review in an easy to read format before you apply online. Our advanced loan platform allows us to conduct accurate risk-based assessments in a matter of minutes, ensuring that our fast cash loans are offered at the most competitive rate available.

You can do a quick personal loan comparison before you accept any offer of finance from us to ensure that you really are getting the best deal available. Ensure, however, that when you are reviewing other credit providers that they have made their fee schedule clear and accessible, so you’re not surprised by hidden charges later like an additional establishment fee or an ongoing account fee they weren’t clear about from the start.

It’s time to really start living your life and to get in front of your finances. Our cash loans online can be applied for in just 5 minutes, and your approval comes not long after that. Approved customers who sign off on their paperwork in time enjoy same day cash transfers. Depending on who your bank account is with, your funds for our loans online could hit your account the same day that you’re approved.