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Apply now and have an approval decision within minutes
Get the cash in your account in an instant!
No need for the lengthy paperwork.
People with no credit history or low credit scores are welcome to apply.
The establishment fees for instant cash loans should not exceed 20% of the total amount borrowed.
The maximum monthly fees associated with instant cash loans will not exceed 4% of the total loaned amount per month.
All charges to be imposed in the event of borrower default and late payment should not exceed 200% of the total loaned amount.
Here at Friendly Finance, we aim to provide you the hassle-free experience in acquiring the funds you need.
It will take you less than 5-minutes to accomplish, and the process is 100% online. Skip the inconvenience of multiple loan applications. We’ll do the heavy lifting for you!
Once your application is received, we will search the market for your lender match and you will be notified immediately when they decide that they can offer you a loan.
Always review the details of your contract before signing. You have to make sure you understand all possible fees associated with your instant cash loan.
Life could happen at any moment. There’s no need to panic, though! Friendly Finance is here to help. With our array of instant cash loans, you won’t have to worry about where to find a suitable loan for your needs. Unexpected expenses do not stick to a schedule and can creep up on you very suddenly. Whether it’s your car, a chipped tooth, or a burst water pipe, when you run into financial gaps, a loan will tide you over. Choosing the right loan will depend on the amount and duration that you need it for; If it’s for a sudden expense, short-term instant cash loans are the way to go.
Am I eligible for an instant cash loan?
- Be an Australian Citizen or Permanent Resident: Ensure you have the legal residency status required to apply.
- Age Requirement: You must be 18 years old and above, ensuring you are legally eligible to enter financial agreements.
- Banking Needs: Maintain an existing bank account, as this is crucial for receiving funds and managing loan transactions.
- Income Stability: Have a regular income for at least 3 months. Note that Centrelink benefits should not exceed 50% of your total income during this period.
- Financial History: Possess a good credit score and provide identification documents, such as an Australian Driver’s Licence or passport.
- Documentation: Ensure you have a bank statement covering 90 days of income and expenditure transactions. This helps verify your financial stability and loan eligibility.
Instant Cash Loans: Frequently Asked Questions
Don’t see what you had in mind? You can reach out to us via our contact form or email us at info@friendlyfinance.com.au
Are 24/7 instant cash loans available for individuals with bad credit?
Absolutely, individuals with bad credit can still have access to instant cash loans. These loans are designed to provide quick financial relief, regardless of your credit history. While having a low credit score can often be a hurdle when applying for traditional loans, many lenders specialising in bad credit loans offer more leniency.
How do I apply for an instant cash loan?
To apply for instant cash loans, you need to answer the online application forms easily accessible in this link. You will need to provide information on the loan amount, personal details such as the contact information and residential address, and your employment details (including 90-day bank statements containing your income and expense expenditure). Bank statements are required to determine your financial standing and your capacity to pay off your loan. Friendly Finance extracts these banking statements via a secure online tool in just a few minutes!
The entire application process for Friendly Finance will only take minutes to complete, with an instant decision released a few moments after. No hard credit check will be conducted (therefore, will not affect your credit score) and no fees will be required by Friendly Finance during the application process.
Is It safe to give all the required information to Friendly Finance?
Yes, it certainly is. We understand the importance of handling your sensitive information in a responsible manner, and we’re dedicated to conducting business in an open and transparent way to reflect this.
Our privacy policy sets out how we handle and manage all your information in compliance with our requirements under the Privacy Act 1988, Australian Privacy Principles, and any related privacy codes.
This policy details how we collect, use, disclose, and hold your information. However, we generally don’t collect or hold sensitive information unless you have consented to it. The information that we do ask for is reasonably necessary in order for us to provide one of our products or services.
For further detailed information please review our Privacy Policy, where you can get the ins and outs of what we do with your information.
Can I take more than one instant cash loan?
You should only borrow what you’re sure you can afford to pay back. Short-term financial solutions should not be intended to cover long-term needs.
We follow strict Responsible Lending Practice principles, which are basic guidelines as to how to make sure borrowers don’t become over-indebted and reckless. Only one loan should be applied for at any given time, and we strongly advise repaying any existing loans before applying for another.
Can people on Centrelink apply for instant cash loans 24/7 without a credit check?
Absolutely, individuals receiving Centrelink benefits have the option to apply for instant cash loans at any time without undergoing a credit check. These financial solutions are designed to accommodate those with less-than-perfect credit histories.
