General
Applicant must be an Australian resident.
Applicant must be a minimum of 18 years of age.
Applicant's employment and income source
Applicant must be empoyed full-time or part-time (receiving holiday pay & sick pay).
Note: Cannot be casually employed, self employed, pensioner or on Centrelink benefits as a sole source of income.
Applicant must be employed for at least the last 3 months with their current employer.
Applicant's minimum income
Applicant must earn a minimum of :
$350 per week (after tax) if paid weekly or
$700 net per week (after tax) if paid fortnightly or
$1,515 net per week (after tax) if paid monthly
Security
No security required.
Term of the loan
Term of the loan is for 1 - 2 pay periods (maximum of 42 days).
HOW IT WORKS
Payday Loans and Cash Advances
Follow these simple steps ...
Complete our Cash Doctors online application form (for "first time" Cash Doctors applicants).
Your application will be processed instantly and you will be immediately notified (on screen) of the status
of your application by Cash Doctors.
You will also receive an SMS text message on your mobile phone and an email from Cash Doctors advising
you to contact your payroll officer.
Check your mail junk box / spam box in the event that the Email from Cash Doctors was
placed there by your ISP / mail provider.
Contact your payroll officer and advise them of your loan application with Cash Doctors.
Contact Cash Doctors either by:
ticking the check box on the approval screen or
directly by phone or
directly by SMS text message
and advise them that your payroll officer is aware of your application.
Cash Doctors will confirm your employment status and income with your payroll officer.
Money is deposited into your bank account electronically
* Note: If you do not want Cash Doctors to contact your employer you have the other option of providing evidence of your employment status and income by providing copies of 3 recent payslips plus a copy of your bank account statement (showing your current address) into which your pay is deposited.
* After your first payday loan is approved and funded, you will be provided with a free Cash Doctors membership
card which will make the process of receiving future payday loans from Cash Doctors faster and simpler.
For future payday loans you just need to log in with your member details and the provided password and nominate
the required payday loan amount up to $600 and the payment will be made to your nominated bank account within
a matter of hours.
* The first payday loan amount is limited slightly depending on the frequency of when you get paid by your employer. Inital payday loans amounts are as follows:
Paid Monthy - inital payday loan amount is $400
Paid Fortnightly - inital payday loan amount is $300
Paid Weekly - inital payday loan amount is $220
* Your first payday loan with Cash Doctors will cost you just $0.01! There are no other interest charges, fees or
costs! The total cost is just $0.01 (1 cent)!
For example, if you apply for a payday loan of $300 the total repayment of your first loan is just $300.01!
If for some reason you are not successful with your initial loan application, please feel free to
request a re-assessment of your application.
