The Australian Payday Loan and Cash Advance Loan Professionals |
| FAQs | Payday Loans Australia |
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FAQs | PAYDAY LOANS AUSTRALIA
FREQUENTLY ASKED QUESTIONS
Do I need DIRECT DEPOSIT? Yes, the loan payment made to you will be direct deposited into one of your bank accounts.
How long will it take until I get approved? Typically the lender / finance provider will process your application in the same day you submit it, usually within 24hrs once all information is received for verification. Some lenders / finance providers will even offer approval in less than 30 minutes once they receive all the necessary documents.
Where is my money going to be wired? Your money will be transferred to the bank account that you have nominated to the lender / finance provider.
Can I pay my loan back early? Yes you can. Most lenders / finance providers won’t worry if you pay them back early.
What is the maximum amount I can get? The maximum amount available varies with different lenders / finance providers. Generally lenders / finance providers will provide you with loans from $1,000 to $20,000. However, lenders / finance providers usually add their fee onto that amount, so be sure you factor that into your calculations when you decide on an amount.
How will I get any confirmation about my approval? Most lenders / finance providers will call / or email you, to confirm that your loan application has been approved. You will also get advice of when the funds will be available in your bank account.
Does a bad credit rating affect my loan approval? You may still qualify for a loan, even with bad credit, slow credit or no credit rating. Your loan approval is typically based on a simple income test and security.
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FAQs