What are quick cash loans?
Quick cash loans are small unsecured loans that are used to cover a borrower’s emergency expenses until his/her next paycheck. When choosing a cash loan in times of need, it’s important to turn to a lender that is trustworthy. Fortunately, with Friendly Finance, we only represent credible lenders that have issued loans for thousands of Australians. Our lenders understand that emergency circumstances can result in seeking out a cash loan quickly. Loan amounts commonly range from $100 – $5,000, with some lenders offering more based on your credit rating. Most customers pay these loans back over a period of 1 to 12 months.
Make the right choice
With the online financial marketplace being so crowded with various loan offers, it’s important to know the details and facts about the loans that matter to you. It’s also key to remember that smaller cash loans should primarily be used to cover unexpected expenses.
Our website uses straightforward terminology with detailed information on what’s required from the customer. This includes a breakdown of all the fees and interest rates with each lender for your quick review. We list the necessary supporting documentation lenders might request during the application process. For example, submitting 90 days of bank statements. Lenders may ask you for other forms of identification or income verification, dependent on if you’re self-employed or not. Every customer’s situation is different, so the more information provided, the better your chances will be of getting the loan you want.
Take your time
On average, it takes anywhere from 5-10 minutes to complete the online application with your lender – that’s pretty fast. Whilst speed is an important factor in deciding which loan is right for you in times of need, you shouldn’t rush. You can email yourself the best options to review later with Friendly Finance. Simply click to the left-hand side of the lender logo in the table. A flashing green ‘compare now’ button will pop up in the top right-hand corner of the screen. You will then be transferred to a page where you email yourself the shortlist. There are no limits to how many quick cash loan lenders you can compare.