Fast Payday Loans, Anytime. Anywhere
Apply For Fast Payday Loans For Instant Cash
Paydaylender is here to help Australians dream big and make those dreams come true with instant payday loans. Getting a payday loan can be simple and easy. If there’s a purchase that you just can’t say no to, fast payday loans bad credit Australia wide could be just what you have been looking for.
Of course, taking out a loan is not the ideal first choice when it comes to cash flow difficulties. But, there are some unexpected and unforeseen times in life when you may be in a dire need of cash. At such moments, if you have exhausted other options and need to spend a little more than your current budget allows for, we are here to help.
With fast payday loans in Australia, you can not only cover your smaller purchases such as $200-500 but even meet your bigger spending goals with lending for amounts up to $2000. We have you covered for life’s unforeseen expenses, big or small.
Simple & Effortless Fast Payday Loans
Applying for a payday loan is convenient and easy.
If you live in Australia and you are looking to borrow short-term funds to suit your busy schedule, you are at the right place. Our fast loans, bad credit, Australia wide lending options are below:
- Borrowers accessing fast payday loans can get a loan amount of $100 and up to $2000
- Payday loan fees are capped as a certain percentage of the amount of loan. You can pay up to 20% as an establishment fee and a maximum of 4% on your repayment
- Payday loan repayment between $100 and $2000 ranges from 16 days and up to 12 months. Loan amount between $500 and up to $2000 should be paid off as fast as possible but there is a 24 monthly clause if needed
- Instant payday loans are flexible. These loans are designed to meet the need of the hour. You can arrange repayment frequency and dates as per a suitable pay cycle
- Applying for an instant payday loan is easy and online. Using your PC, laptop, tablet, or smartphone, you can submit your documents and fill out the application form
- Getting approval is equally fast and easy. Your lender shall ask you for a bank account when you fill out the form. When the loan agreement is reviewed, funds are transferred to your bank account instantly. The transaction mostly happens on the same day, or even quicker
Documents Needed to Apply for Payday Loan
To apply for a quick and easy payday loan, you should:
- Be a citizen or a permanent resident of Australia
- Be 18 years old or above
- Have a regular job or source of income
It is far easier and quicker to arrange an instant loan like this if the money is credited to the bank account directly rather than cash payments. The latter is difficult for lenders’ verification online. Moreover, your borrowing activities during the past 90 days are also an important criterion. Lenders do not want to lend payday loans to an individual with two or more similar loans in a single period.
Once you apply for the loan, it is processed online digitally. It is quick and convenient, and applicants usually receive funds on the same day. You must furnish the following for ease of communication:
- Valid email address
- Phone/mobile number
Make sure you are contactable the day you apply for the loan.
In addition, you must keep these documents handy:
- Passport, Government-issued ID card, and driving license
- Current address proof like a utility bill
- Payslips, if employed
- Income statement
- Medicare card
- Bank statements of past 90 days
Instead of getting tied down by long-term loans, opt for instant payday loans with a flexible schedule. For short term cash loans, Paydaylender is just a click away.
Will I get approved for fast payday loans bad credit Australia wide?
If you are considering applying for a payday loan from Payday Lender but you have bad credit, it is still possible for you to be approved. In some cases, no credit check loan applications can be processed but will need to show a strong full-time employment history plus 90 days of bank statements indicating that the repayments would be easily affordable for you. Bank statements that show expenses like other loan repayments, high regular/recurring expenses in comparison to your income, or income in the form of Centrelink or other government benefits, as opposed to full-time employment, will generally not work in your favour.
If you do apply for a loan, this can also affect your credit rating. It’s important to carefully consider whether it is worth applying for a payday loan and the impact of this on your credit score. You may find a poor credit rating may worsen with applications or may improve if repayments are made on time. Applying (even if your application is declined) can be listed on your credit report. You may wish to seek professional advice before applying for a payday loan and work in line with a strategy aimed at improving your credit score.
You may think that in terms of fast loans, bad credit Australia wide might exclude you from being approved by lenders altogether. This isn’t always the case. For more information on how likely you are to be approved, check out the Cash Today infographic here.