A guide
to quick loans

There are some things that just can’t wait until payday. Have you ever tried to out-wait a blocked toilet or an overflowing kitchen drain? Maybe a leak has turned your kitchen or bathroom into a no-go area.

What if your boisterous boy needs a trip to the ER after a tussle with a barbed wire fence? Some things just can’t be put off.

When emergencies like these happen, we understand that you may need cash in a hurry. Quick loans are a great option when things just can’t wait. Friendly Finance is here to help when life throws you an unexpected emergency.

Faster is better, so apply today!

What Are Quick Cash Loans?

Quick loans are small loan amounts that offer almost instant approval. They allow you to receive an advance to cover the expenses of your emergency almost immediately and pay back the loan in one lump sum or a few monthly payments. Quick loans can also be referred to as:

Payday Loans.
Cash Advance Loans.
Quick loans are a simple way of getting the money you need to take care of things right now. The cash can be deposited directly into your account in a matter of hours, once approved.

Payday Loans

A payday loan is a type of quick loan, and allows you to borrow money based on your monthly income. It’s considered one of the best quick cash loans options.

Even if your credit rating isn’t the best or you’re a student that has an alternative income, you could be approved for a quick cash loan. Approval is almost instantaneous, which is what makes quick cash loans so attractive to so many people.

Once approved, you’ll receive information on how much you can borrow and the repayment fees. Simply choose your amount and your terms, sign the papers that come with the loan agreement, and you’ll be good to go!

Once you’ve accepted and everything is successfully completed, the cash will be transferred to your account. Keep in mind the transfer time between different banks for the funds to clear – it could take anywhere from a few minutes to a few hours (and if done late in the day, it may only reflect the following day).

Applying online is easy and fuss-free. You’ll need:

How Quick is A Quick Cash Loan?

The loan application process from start to finish is extremely quick and easy. The faster you get your completed application through with all relevant documentation, the quicker you’ll be able to get cash in hand. Once everything has been approved, it’s just a matter of time before the funds are available in your account.

Am I Eligible For a Quick Cash Loan?

In order to be eligible for a quick cash loan there are some requirements that we have in place, which are as follows:

18 years or older.
Be an Australian citizen/permanent resident.
Be receiving income into your bank account for at least 90 days prior to applying.
Able to provide a valid mobile number and email address.
If you answered yes to all of the above, then apply for a quick cash loan today!

Can I Apply If I’m Receiving Other Benefits?

While this does depend on what kinds of benefits you’re receiving and how much, generally you’ll still be eligible to apply. Other benefits could include:

Centrelink payments (only up to 50% of total income).
Social Security payments.
Retirement or pension benefits.
Child support payments.
Disability income.

Can I Apply If I Have a Bad Credit Profile?

At Friendly Finance, we know that a credit score is only half the story. We’re here to find you the best loans for your situation, and if we can help, we will.

Here’s the thing – most people think their credit is bad, so they’re scared to check their credit score. For all you know, your credit score is fine!

As an Aussie consumer, you are entitled to a free credit report each year. You can get yours here. If your score is more than 600 out of 1,200, your chances of getting credit are pretty good.

If you do have a bad credit score, though, it shouldn’t completely ruin your chances at getting quick loans. We take your situation into consideration when deciding on approval, and in some cases, we’re willing to give you a chance. If you have a bad credit score, get in touch and we’ll see what we can do.

Can I Apply If I Have No Income?

If you have no income at all, it’s not likely that you’ll be approved for a loan. Unfortunately, you need to be able to prove that you can repay the loan and still cover your own day-to-day expenses.

One of the criteria to be eligible for a loan is to be receiving some form of income for 90 days prior to applying. If you have no income at all, it may be worth looking at a co-signed loan, which is when someone else signs the loan with you, agreeing that if you default on a payment, they can be held responsible and made to repay.

What Can Quick Cash Loans Be Used For?

You can use your quick cash loan for just about anything you need. Some examples include:

Business expenses.
Car maintenance.
Plumbing or electrical services.
Child-related expenses.
Education or training courses.
Medical expenses.
Unexpected bills.
Utility bills.

All You Need to Know About Repaying Your Quick Loan

Repaying your loan is hassle-free. An automatic debit order will be set according to your pay cycle, which will continue on a monthly basis until the loan has been paid off. All you need to do is make sure that there are enough funds in your account to cover the loan amount each month.

Your loan agreement will stipulate the monthly fees and charges, the total cost of the loan, service fee, and late payment fees. If for any reason you’re having a tough month and will be unable to pay your installment, make contact so that arrangements can be made and you can avoid having to pay additional fees!

Choose Friendly Finance For Your Quick Loans

At Friendly Finance, we believe everyone needs help sometimes. We’re committed to providing you that help when and where you need it.

We meet you halfway and always take your personal situations into account when offering you financial solutions. Responsible lending is important to us, because we care about your financial situation, and we aim to help – not to put you under more pressure.

Our process is straightforward, all online, and can be done in a matter of minutes! It’s the quickest process around, and you’ll be on your way to having cash in your account to cover those stressful expenses.

We provide you detailed information without getting too technical. It’s important that you understand exactly what you’re getting into when you sign a loan agreement, and we want you to be happy with the agreement that’s been made.

We’ve helped customers across Australia to apply for loans that have changed their lives.

Families waiting years to enjoy a holiday found themselves booking flights and hotels.
Hard-working people with unexpected bills found financial relief with loans they can afford to repay.
People who got tired of waiting to buy furniture and appliances for their home finally had the cash to live the way they deserve.


There are already a dozen things that make our daily lives stressful. Urgent, unexpected expenses shouldn’t be one of them! Friendly Finance is all about helping consumers take the stress out of applying for finance.

Even if you simply want a small amount to treat yourself or your family to something unexpected, quick loans can cover the good things too! Don’t let fear of credit checks, your lack of income, or anything else hold you back – it’s time to apply!

Lets find a loan
for you within

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