24/7 Payday Loans Online – Apply At Any Time

24/7 payday loans could be a quick source of cash whenever you need it. Day or night, weekday or weekend – you can apply at any time. Payday loans aren’t the only way to access cash when you need it though; personal loans may be just as useful too. Monzi is here to explore your options.

Monzi is a lender-finding service. We do not offer financial advice. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

24/7 payday loans

While you may have heard of payday loans Australia, you may not be aware of exactly what they are. Don’t stress – we’re going to run you through the key details.

A payday loan generally refers to a loan of up to $2,000 offered by a payday lender. Loans are available online and are typically repaid over just a few weeks or months. There’s no long-term commitment as payday loans are designed simply to help manage those tricky periods between pay periods when you’re short on cash.

Keep in mind, 24/7 refers to being able to apply at any time. Lenders, however, have normal operating hours, and will only be able to assess your application then. Therefore, if you lodge an application outside of business hours, you may not receive an outcome until the following business day.

Bringing it all together, payday loans are small, short-term loans, available online that provide you with cash fast.

Below, is a table listing a few potential loan products that may be offered online:

Emergency cash loansAmount (AUD)Approved
24/7 payday loans$500
Payday loans 24/7$1,500
24/7 payday loans online$1,800

The information presented in the table above does not necessarily reflect the loan product you may be offered.

What does Monzi do?

It’s probably a good time to introduce ourselves.

Monzi is a lender-finder service operating in Australia. That means we’re not a lender and will never offer you a loan.

Think of us as the bridge; when everyday Australians are looking to borrow money, we aim to connect them with available lenders offering personal loans. We make it simple and convenient and may be able to match our users with a lender in just one hour.

While you may be seeking payday loans, our aim is to match you with personal loans lenders. While they are similar, there are key differences to be aware of. Keep reading and we’ll give you a rundown.

Who knows? You may find that an unsecured personal loan is right for you.

How do 24/7 payday loans and personal loans differ?

While both payday and personal loans may be able to help you manage a tricky financial period, there are a number of key differences.

Loan amounts

Typically, payday loans exist to help cover those pesky little expenses that appear from time to time. As such, payday loans are usually only available for amounts up to $2,000.

By comparison, you can apply for personal loans from as little as $300 up to the hefty sum of $10,000. If you’ve got a sizeable expense, a personal loan may be worth considering.

Repayment periods

Typically, payday loans are repaid over a matter of weeks or a few months. By comparison, repayment periods for personal loans may range from 12 to 24 months. While this comes with the benefit of reducing your scheduled repayments as the costs are spread out, however, you will obviously be required to make repayments for longer.

Rates and fees

In Australia, any credit contract worth under $2,000 is capped in terms of the rates and fees. In other words, lenders can charge up to a maximum for these loans. Despite this, certain lenders may be able to charge less.

Keep in mind, the fees and charges for loans over $2,000 are not capped.

Is bad credit a deal breaker for 24/7 payday loans?

The rise of non-traditional lenders has bought with it a welcome change. While in the past, banks were typically wary of offering bad credit loans, things are a little different now.

While nothing is guaranteed, there are now a number of online lenders out there willing to offer bad credit loans.

Rather than dwell on your past borrowing mistakes, lenders will look at your current financial situation, in order to get an idea of what is affordable for you. This may include an assessment of your budget including your income and day-to-day expenses.

However, given the added risk that comes with taking on bad credit loans, they may attract higher rates or fees.

Can I get a payday loan without a credit check?

Whether you are applying for a personal or payday loan, some lenders may assess your application without performing a credit check.

All lenders go about assessing applications in different ways. While some will conduct a credit check on all applications, others won’t. It simply comes down to the individual lender’s policy.

As such, Monzi cannot provide a guarantee either way.

Even if a lender does conduct a credit check, there will typically be more to an assessment. They’ll consider your current income, expenses and employment status too. That way, they can get a clear idea of what is affordable for you.

To summarise, some lenders may offer payday loans 24/7 with no credit check. Although, it is at the discretion of the lender you’re dealing with.

Lending made easy through 24/7 payday loans

In the digital age we’re living in, accessing online finance has never been easier. These days you can access payday loans online 24/7. As long as you have an internet connection, the world of online credit is in the palm of your hands.

Unfortunately, what you’ll discover with a quick google search is that there are hundreds of potential lenders out there. If you’re not sure what to look for, finding the right lender can be extremely confusing.

That’s where a lender-finder like Monzi comes in to simplify the process. Submit an easy application with Monzi and we’ll do our best to match you with an available lender offering personal loans in no time. Best of all, it’s totally free to apply.

Monzi’s eligibility criteria

Before you apply, ensure you check these four boxes:

  1. Be at least 18 years of age.
  2. Are an Australian citizen or permanent resident.
  3. Have an active email address and phone number.
  4. Have an online banking accounting with at least three months of banking history.

How to apply with Monzi

If you think Monzi’s lender-finder service is right for you, submitting an application is easy. We only require the key details so you may have it completed in minutes. After all, there are just three simple steps.


Use the loan slider to select your ideal loan amount and decide on your preferred repayment period. Following that, fill in the required personal details and then submit.


Once we receive your application, our automated system will try to pair you with an available lender. If you apply during business hours this may only take an hour.

We let you know

Whether we find a lender for you or not, we’ll be in touch to provide you with an outcome. If we successfully match you with an available lender, they’ll be in contact to complete their assessment of your application.

Man in cafe at night time applying for 24/7 payday loans

Emergency cash loans – I need money ASAP

If you have an expense that just can’t wait, you’ll be looking for a lender that works fast.

While payday lenders pride themselves on providing quick outcomes, personal loan lenders work just as fast too.

If you need to find a lender in a hurry, Monzi can help. Rather than spending hours researching and applying with different lenders, just submit a simple cash loan application.

We might be able to match you with an available lender in just 60 minutes. From there, the lender will be in touch pronto so they can assess your application and provide you with an outcome.

If you’re approved, your lender will transfer you the cash after you agree to the contract. While it depends on a number of factors, it may be possible to receive your cash on the same day you apply.

Does instant 24/7 payday loans online mean instant cash?

Unfortunately, no matter what loan you are applying for, whether personal or payday, there will be some processing time involved.

While lenders may advertise instant loans, this is not literal. This simply means that lenders will assess your application so quickly that it feels like no time has passed.

This is due to the fact that in Australia, all loans must be subjected to an assessment in order for lenders to comply with their responsible lending obligations. Lenders must take steps to verify a customer’s financial situation to determine if the loan is affordable for them.

If you do come across a lender offering guaranteed approval or something similar then be sure to avoid them. Responsible lending obligations exist to protect you, the borrower, to ensure you don’t end up in over your head with a loan you cannot afford.

Do payday lenders offer weekend payouts?

While some payday lenders may advertise online payday loans 24/7, weekend payouts may not always be possible.

Even if your weekend application is assessed and approved then you may still be bought unstuck by interbank transfers.

While your lender will transfer you the cash immediately after you are approved, banks typically do not process transfers on weekends. As such, you may need to wait until the following business day to access your cash.

Are 24/7 online payday loans right for me?

At Monzi, we are unable to provide a definitive answer. Ultimately, the best payday loan will come down to your circumstances, needs, objectives and preferences.

While payday loans may be an option if you need cash fast. However, with their short repayment terms and small amounts offered, payday loans may not be for everyone.

As mentioned, at Monzi, we aim to match you with lenders offering personal loans. Personal loans typically come with larger amounts on offer, as well as potentially longer repayment terms.

Put simply, after evaluating the pros and cons of each loan based on your circumstances, you’ll have to choose the one that works best for you.

If you decide that a personal loan is right for you then Monzi’s lender-finder service can make it simple and convenient to find a great lender. Apply today!

How should I compare 24/7 payday loans?

Before agreeing to any loan, it’s important to do your research. At the end of the day, it’s your responsibility to find the loan that’s right for you. To give you an idea of what to think about, consider the following:

  • Rates and fees: Interest rates and fees determine the amount you will repay on top of the principal amount. Try to find the lender offering the most competitive rates.
  • Repayment terms: Payday lenders offer repayment periods of only a few weeks or months. Personal loan lenders offer much longer repayment periods. Decide which one works best for your circumstances.
  • Assessment policies: Some lenders may not conduct credit checks as part of their assessments.
  • Reviews: Check out the experiences of past borrowers to assess how each lender treats their customers.

Payday loans 24/7 alternatives – why Monzi?

Monzi’s lender-finder service potentially makes finding a great credit provider a breeze. With fast applications and quick outcomes, it’s convenient and won’t take all day. While these are the obvious benefits, there are plenty of others that maybe you haven’t considered yet.

Your data is secure

Internet security giants Comodo and McAfee protect our system so you can rest assured knowing that your personal information is safe.

Our website is live 24/7

You can apply at your leisure because the Monzi website is available day or night, seven days a week. You could be at home, on the commute or anywhere for that matter, all you need is an internet connection. Remember though that if you apply outside business hours, an assessment of your application may be delayed.

Trusted Lenders

We’ve established a network of licenced and reputable lenders offering personal loans. All our lenders comply with their responsible lending practices and do what’s best for our users.

Repayments to suit your needs

When you apply you’ll be able to request your ideal repayment period. Depending on the loan amount, this can range from 12 to 24 months. You’ll also be able to select weekly, fortnightly or monthly repayments, so choose the one that best suits your circumstances.

We value transparency

We’ve outlined our process so you know what’s going to occur at each step along the way. Our lenders believe in this too. When you agree to a loan, all the details will be made clear to you in your contract so you know exactly what you’ll be required to repay.

I can no longer afford the repayments on my payday loans 24/7

Should you lose your job, fall ill or encounter any other unforeseen change in circumstances that leaves you unable to afford your repayments, consider applying for financial hardship through your lender.

Lenders are equipped to handle these situations and will be able to run you through the process. Typically, a financial application will go as follows:

  • Inform your lender of the hardship you’ve encountered.
  • You may need to provide supporting documentation which could include medical certificates or proof of termination.
  • Your lender will consider your circumstances and assess your claim.
  • If you’re approved, repayments may be altered or put on hold to allow you to manage the situation.

Contact us

Direct your questions, queries and concerns to hello@monzi.com.au. Our dedicated team will do what they can to provide you with a prompt and thorough response. Although, keep in mind that this email is only monitored during business hours so correspondence received outside these times may encounter delays.

In addition to this, Monzi is only able to answer questions that relate directly to our organisation and lender-finder service. Direct any questions regarding 24/7 payday loans straight to your actual lender.

Apply today

Lodge your application with Monzi now.

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You won't use a penny to apply for our lender-finding service, but here's some costs you could expect from a lender

Loan amount

$300 - $2,000


12 months


20% upfront establishment fee

+ 4% monthly fee


Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Under the current legislation, most small personal loan providers don’t charge an annual interest rate (you’ll know this as an APR) %. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on loans between $300 and $2000 is 199.43%. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate

Loan amount

$2,001 - $4,600


13 months

24 months


48% annual percantage rate

67.41% comparison rate p.a.


Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

The Interest Rate for Secured Medium Loans is 48%. The Typical Comparison Rate is 67.41% p.a. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.

Loan amount

$5,000 - $10,000


13 months

24 months


21.24% annual percantage rate

48% comparison rate p.a.


Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.

The Interest Rate for Secured Large Amount Loans is 48%. Maximum Comparison Rate is 48% p.a. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.