Do you need money to make an urgent purchase? Are you being told you need to wait for a loan? These two things are mutually exclusive. If you approach a traditional lender, like a bank or a credit union, they don’t typically offer money loans fast; neither are they inclined to offer cash loans.
This article will advise you about quick money loans and money day small loans. Friendly Finance has contacts with some of the most expeditious loan providers in Aus. Loan application is fast and 100% online. You can apply for any amount between $100 and $10,000.
Good Money Loans Are What You Deserve!
Even the most rational financial planner may find themselves in urgent need of a loan. There can be very different reasons for this – medical bills, delayed payments of a salary or benefit, even death in the family. Disaster can strike unannounced. There’s unbearable pressure to deal with in such situations, not only because of the unexpected event, but also the cash need. Many people find they don’t have the time to apply with a traditional lender, because they may make you wait forever and tend to ask time consuming questions inefficiently. It can be too much trouble.
Are you in this situation? A lender-finder can help.
A lender-finder is an institution that looks for an organization willing to lend, on your behalf. Lender-finders can be extremely helpful because they can find a loan on terms adapted to the borrower’s unique circumstances.
Small Amount Credit Contract Loans
SACC is an umbrella term for money loans in small amounts; small amount credit contracts. When you receive a SACC through a lender-finder, it will often come in the form of cash or a deposit directly to a bank account specified by you. Statistics from the Australian Centre for Financial Studies show the demand for small, short term loans has increased 20-fold in the past ten years. What is more, SACC loans were allocated to over one million Australians in 2012, generating contracts with an average value of $900 million. The market has increased not only in terms of volume and value, but also of product variety and scope.
At a time when online lender-finders and lenders have become more common than ever, what makes Friendly Finance unique?
Our convenient lender-finding service will take over the hassle of contacting lenders, filling out complicated, long application forms, and poring over fine print. You won’t need to sit through interviews with loan providers and wait for them to finally decide whether to give you the money loan you deserve or not.
The Best Time – and Partner – to Get You Money Loans
What’s in a name? Friendly Finance is more than a loan mediator. It is our business mission to help Australians make the best possible financial decisions by giving them full information on the most suitable finance products for their needs. Our loan search is 100% free. You will be under no obligation whatsoever to sign a contract with the loan provider we could find for you. You apply just once – 100% online – and reach an entire market of lenders.
Our Four Service Tenets:
- Immediate Outcome
- 100% Transparent
- Easy Application
- Flexible Loans
Experts: You Can Borrow At Least $1,500
A study by the Commonwealth Bank of Australia showed the main factors a lender considers when deciding how much money to lend you are marital status, your income level and sources, your expenses, your dependents, and the reason for the loan. Your individual circumstances and lender policy determine the exact amount you can borrow, but on average, you can expect to get at least $1,500.
Can You Find Fast Money Loans Near Me?
Friendly Finance can find lenders providing money loans across the country. As we look for the right loan for you, we take into account the fact that current lending models aren’t sustainable. The way Aussies are making and spending money has changed a great deal. Spending patterns are getting harder and harder to predict. We guarantee we’ll bring the hassles down to a minimum.
Problems with Small Loans AU
Borrowing small amounts of money can be costly and might not solve your money problems long-term. As any reputable lender-finder, Friendly Finance advises you to check your options before you submit a loan application. If you are deep in debt or having problems managing bills, you can call 1800 007 007 from anywhere in Australia to talk to an independent financial counsellor for free.
If you’re behind on utility bills, your electricity, gas, phone or water provider could agree on a payment plan taking your earnings into account.
The government’s MoneySmart website explains how small amount loans work and proposes additional helpful options.
Still, a person laboring under financial hardship may turn to short-term loans as an option. This funding is provided quickly and is easy to access. It can be the only option for borrowers who aren’t eligible for an overdraft from their bank and don’t have credit cards.
Sometimes, all you need is a little help to make ends meet. A small, quick loan. The money you borrow today can affect your life long-term in many ways. This is why when you do business with Friendly Finance, you have a loyal and committed partner who makes every effort to help you and your loved ones.
Same-Day Loans from $100 – $10,000
Friendly Finance can help you get same-day approval for loansin this range. In some cases, our partners may approve loan applications on the hour. This is possible because our backend system rushes application submission. The lender can then focus on what’s really important – your needs. Friendly Finance takes the negatives out of modern-day lending to assist as many applications across the country as possible.
Repayment terms are just as convenient as loan allocation terms. Usually, the funds are deducted from your bank account automatically. To ensure minimal risk of default, the debit is scheduled on the day you receive your salary payment.
Friendly Finance is always online and available to answer any questions you may have. There’s no need to travel anywhere to apply for a quick loan. All you need is a secure, reliable internet connection.
We also offer advantages when it comes to loan repayments. The lenders we partner with disclose all terms in full and upfront before preparing a contract. You and the loan provider agree on all terms in advance. If the terms aren’t to your liking, you are not obligated to sign a contract or pay us for mediation services.
Can You Mediate Money Loans For Bad Credit?
As we’ve pointed out, 100% transparency is among the tenets of Friendly Finance. We believe everything should be out in the open, including your credit rating. Our lenders make decisions based on individual factors and credit background is a consideration, but not always the only one. Having bad credit doesn’t automatically disqualify your application. Again, in line with our policy, we will be honest: there is a risk that we might not find a lender for you irrespective of your credit rating.
To ensure the best possible outcomes for our clients, we work with traditional and non-traditional lenders alike. The latter category includes non-bank financial institutions, some of which might not be regulated by the Central Bank. There can be an unfair stigma attached to these providers. Although they are not regulated by the government, the lenders we cooperate with are all reputable. It is our job to find an organization that can assist you with a quick loan.
Traditional lenders may be helpful, but their policies can be potentially somewhat restrictive. A bank may never provide fast money loans for bad credit or loans to people who have defaulted in the past. If you’re one of those people, your chance of getting a loan from a bank is not as great as a loan through the reputable providers provided through our lender finder service.
Anybody Can Default On A Loan
You should not always be punished for having defaulted on a loan. It may have happened years ago, and it may not even have been your fault. Any of the unexpected disasters we mentioned previously can push a person over the edge and into bankruptcy. With the timely assistance of one of our partners, borrowers have found an option to move on and eventually landed back on their feet.
Qualifying for a Money Loan
To qualify for a loan, you will need to provide certain documents. The requirements vary from lender to lender. Lenders who dispose of automated credit assessment technology can access documents such as three months of bank statements automatically. They will also be able to see your credit history at a glance.
Our lender-partners may ask you to present some or all of the following documents:
- Government-issued photo ID;
- Pay slips or Centrelink statements;
- Copies of bills;
- Evidence of debt;
- Credit card statements; and
- Copies of other credit contracts, or statements of accounts
If you are living in a rented property, they might ask for documents to prove you’ve paid your rent on time.
How Do I Apply For Money Loans Near Me?
If you choose not to use our online services, the application process varies from lender to lender depending on the type of loan you’re applying for. Generally, you can apply for a loan over the following main channels: by phone, online, by mail, or in person at a bank or credit union branch. The effort you need to make in the process will vary depending on the channel and company you’re applying within.
All applications begin with providing personal details. The lender will check whether you meet basic eligibility criteria. They will need to see some proof of income. Most Aussies who are struggling financially appreciate quick, easy approval loans and your chances may be better when you apply through a lender-finder. Friendly Finance partners rely on us to get them in touch with good borrowers. We have decades of experience in the sector and a vast database of regular customers.
We Find A Lender, Fast
Our team will start looking for lenders as soon as we receive your application. If we find some, they will contact you. This usually happens in a few business days. The lenders may ask for additional documents, like the loan PDS. Documentation proving identity, income, and debts are emailed or posted to the lender. If they are located near you and offer a drop-in service, you can bring it to their office in person.
The lender proceeds to prepare a loan contract, which is emailed or posted to you. You choose whether to sign it. If you sign, you email or post it back. Your loan will be approved within 24 hours of reception of the contract by the lender. The funds you applied for will be deposited into the bank account you’ve listed. You can withdraw them immediately and use them as needed.
Lending A Helping Hand
We’ll keep looking for a lender for you if the outcome of your first loan application is not positive. We are open and honest and keep a pretty damn good attitude regardless of the outcome!
Friendly Finance operates under the auspice of Marketplace Finance Pty Ltd with ACN 608 607 227 and ACL 487316. We are a legitimate lender finder that makes every effort to prove you deserve help and will pay your loan back in full and on time. Contact us now and apply!