Need cash in a hurry?

When life turns south and you need extra cash quickly, you don’t want to be stuck searching for fast loans in a pinch. Fortunately, Pocket Cash has your back. We do the tedious work for you by finding lenders capable of offering you the loan you’re looking for. All it takes is one application. We’ll then assess your situation and see if we can find you a suitable match.

Keep reading to learn more about how we could help you secure the cash you need, today!

What are fast loans?

A fast loan is just a personal loan that enables you to access quick cash. You can typically borrow as much as $10,000 or as little as $500 entirely online. These days, many lenders allow you to apply from the comfort of your own home, anywhere in Australia. The trouble is, with so much choice it can be difficult to know where to start. Pocket Cash makes this process more convenient by helping to connect you with lenders that can offer fast loans in minutes!

What can I use a loan for?

Well, it depends on the type of loan you get! Some personal loans are tied to a specific purpose. A car loan, for example, is specifically designed for car purchases. In some cases, they will be paid directly to the dealership so you won’t even have to deal with the money. Other personal loans are not strictly bound to a specific purpose. Therefore, you can freely decide what you want to spend your money on. Here are some examples of what you could use fast loans for:

A big purchase

Some purchases can’t be put off until next month. If you have to replace a fridge or another expensive but necessary item, a personal loan can help you make this purchase, even if you currently don’t have the funds.

Home renovations

A personal loan can help you fund your home renovations when your cash flow is running low.  Additionally, when storm season is approaching, you want to be prepared. Sometimes it’s cheaper to invest a little money today to avoid big problems in the future.

Weddings!

Love is free but weddings don’t typically come cheap. If you want to say ‘Yes’ this year but it seems impossible to afford, a personal loan can help you organise the wedding of your dreams.

Bills, bills, bills

Unexpected bills can weigh heavily on your monthly budget. A personal loan can provide the necessary cash flow to maintain your normal level of comfort while dealing with the issue straight away. Whether you have to take your beloved pet to the vet, pay for a big medical bill or get your car fixed, we all sometimes need a helping hand.

Why Pocket Cash?

Finding the right lender can be quite stressful, especially when you need cash flow fast. With Pocket Cash, you can skip the searching game and save your credit score the trauma. When you apply online with us, you gain access to hundreds of lenders all at once. That means you don’t have to submit multiple applications with different lenders, potentially harming your credit score.

We also won’t charge you any fees to apply. If you are after fast loans, you simply have to submit your application and relax while we get to work. No charges necessary!

We know, submitting your financial documents can be daunting. That’s why we have security measures in place to keep your data safe. You can read all details on our Privacy Policy Page.

Types of loans you can get

Think Pocket Cash is the lender-finder for you? Before you apply, it’s good to know what sort of loan you are looking for. We have a large variety of lenders available that specialise in certain types of loans.

Unsecured Personal Loans

If you are after a small personal loan, you may wish to consider an unsecured personal loan. This type of loan is generally easier to qualify for and won’t require you to put down an asset as security. You can also use unsecured loans to cover everything from medical bills, to moving costs and even holiday expenses.

Secured Personal Loans

If you are looking to borrow a larger amount of money, a medium to large loan may be more ideal. These types of personal loans will often be secured against an asset. Depending on your lender’s requirements, this could be a vehicle like a car, a ute, or a motorbike. Secured loans often come with better interest rates and the extra security may allow your lender to offer you a bigger sum.

Car Loans

As the name suggests, car loans are a specific type of personal loan that can be used to purchase a vehicle. Whether you’re after a new or preloved model, a personal loan can give you the necessary cash flow to hit the road in no time. Usually, they’ll be secured either by the car you intend to purchase or another vehicle.

Debt Consolidation Loans

Looking out for different due dates can get stressful. If you have accumulated multiple debts in the past, one way to simplify your payments is a consolidation loan. A consolidation loan allows you to combine multiple debts into one payment that’s easier to handle. In some cases, it may also help you to secure a better interest rate on your loan.

Who can apply for a loan?

Each lender has its own eligibility criteria. Yet, generally speaking, all of them will require you to tick the following boxes:

• Be at least 18 years old;
• Have an online banking account;
• Have a regular income and proof of it for at least 90 days;
• Provide an email address and mobile number.

Depending on the loan you are applying for, there may be additional criteria. If you’re unsure whether you’re eligible, we recommend you still apply. We have a wide pool of lenders we work with so we may still be able to find a good fit for you!

If you have any additional questions, check out our FAQs or get in touch.

Documents needed

You can speed up the application process by having your documents handy. Some of the common items lenders will ask for include:

• Your contact details
• Active mobile number and email address
• Why you are applying for a loan
• Your online banking details
• MyGov info (if you receive Centrelink)
• Employment details

How to apply for fast loans

Applying with Pocket Cash is quick and easy. You can apply at any time of the day from anywhere in Australia. Our online application will take you a few minutes and you are good to go. This is how it works:

1. Fill in the online form

To start your application, scroll to the top of this page and select your desired loan amount. Once you are happy with the terms, click “Apply Now” to get started.

2. Let us do the hard work

Your work is done! Now it’s time to relax while we work to match you with a lender capable of offering you a loan. If you apply during our business hours, you could get your result within a few minutes. Once we find the right match, you will hear back from us straight away.

3. May we present: Your new lender!

If we’re able to find you a lender, we’ll pass on your details to them. Your new lender will then be in touch shortly and assess your application. If you have any further questions, you can directly discuss them with your lender.

Worried about the processing times? While we can’t guarantee anything, we always do our best to provide fast loans to all our customers. So, you can rest easy knowing your application will be promptly assessed in no time!

Can you borrow money with bad credit?

If your credit score isn’t great, you may struggle to get approved by a traditional lender. However, many lenders know that a credit score doesn’t necessarily determine your ability to repay a loan. Pocket Cash can match you with a lender that offers personal loans for bad credit. Some lenders don’t just consider your credit score when determining your eligibility. Instead, they look to other information for a more holistic picture of your current relationship with money. Regardless of where you’re at, we will always do our best to find you a lender.

I’m receiving Centrelink, can I get a loan?

Again, many traditional lenders won’t accept Centrelink payments as a regular income. However, times have changed. We can match you with lenders that think differently. If you can provide at least 3 months of regular income or Centrelink payments, you are welcome to apply.

Let’s find you a lender!

What are you waiting for? If you’re ready to apply, scroll to the top of this page now and get started on with our loan calculator. Once you hit  “Apply Now” we will take you through the required steps within a few minutes. So, you could be on your way to a quick cash loan in no time!

If you have any further questions regarding fast loans, please get in touch.