Emergency Loans For The Tough Times. Apply For Up To $10,000 Today!

Emergency loans may be able to help you through a difficult financial time. Consumers can apply and have these loans processed quickly. Looking for an emergency loan of up to $10,000? Monzi may be able to introduce you to the right lender.

Government help in an emergency

The Australian Federal Government provides assistance to Australians recovering from major disasters. This not only includes natural disasters but also includes assistance for those experiencing homelessness, family violence, financial hardship or bereavement.

The Department of Human Services can provide assistance for the following:

Crisis & special helpAssistance for those in severe financial hardship, recovering from a disaster, or those requiring special care.
Accommodation & homelessnessAssistance in getting information as well as support payments and services.
Family & domestic violenceSupport provided to families affected by violence. Includes information, resources and referrals.
Money managementFree tools and information to aid in how you manage your money.
Bereavement supportSupport in the shape of payments, counselling and other services following a death.

For more information on how to access help in an emergency situation, visit the Department of Human Services website.

What is an emergency loan?

Emergency loans are designed for those moments in life where you just need a little financial leg up.

The speed at which these loans can be accessed makes them especially useful for when you need extra cash to help you through stormy seas. In short, you could use your emergency loan to cover anything from dental costs, emergency travel expenses or even for car repairs or registration.

Where can I get emergency money fast?

There are a few easy things you could do to get a little extra cash.

  • Recycle: Some states will have a recycling scheme for glass bottles and cans. Therefore, if you have a collection of old glass bottles, you could have a few extra dollars at your fingertips.
  • Sell your things: With the power of the internet, people can now buy and sell their things almost instantly. So, if you have a few items lying around the house that might be worth a few dollars, take a few photos and put them up on buy swap and sell websites such as Gumtree or Facebook Marketplace.
  • Airtasker: Making an Airtasker account may be a quick and easy way to make immediate cash. If you’re happy to help set up some Ikea furniture or help someone move house, you could have cash in your hand by the end of the day.

Unfortunately, sometimes in life we find ourselves in an emergency that needs a slightly bigger solution. In these situations, you could use Monzi’s lender-finder service. We’ll try and pair you with a lender who may be able to offer you a personal loan of up to $10,000.

Benefits of emergency loans

Emergency cash loans may be beneficial in a stressful situation. In short, many borrowers use personal loans to cover emergency expenses for the following reasons:

  • Quick online application. These loans can often be applied for online in minutes and, depending on the lender, you may receive your funds the same day you apply.
  • Flexible repayment terms. Many lenders will let you choose either a weekly, fortnightly or monthly repayment schedule over several months.
  • Large or small. Monzi may be able to pair you with lenders offering personal loans anywhere from $300 to $10,000. Therefore, whatever your emergency, Monzi may be able to pair you with the right lender.

Are there any emergency cash loans no credit check?

In short, there may be. However, Monzi cannot guarantee if you will be offered a loan without a credit check.

For most lenders, credit checks will be included in all loan assessments. Lenders use the information they gather to determine your reliability as a borrower. After all, your past behaviour is the best indicator of future behaviour.

Having said this, some small emergency loans may be available with no credit check. With this, lenders will instead focus on your financial situation to determine what may be affordable for you. However, again, Monzi cannot guarantee if you will be offered these products. It will simply come down to your lender’s assessment policy.

Is it possible to get emergency loans with bad credit?

Finding yourself in an emergency is already stressful. Throw in trying to be approved for a loan with bad credit only magnifies the situation.

Many traditional lenders, like banks and credit unions, may be unwilling to approve your application if you have poor credit. In addition, even if you are approved, your loan may take days to be processed.

Luckily, there may still be lenders out there willing to give you a chance. And, more importantly, they can work quickly!

Monzi works with a wide network of lenders who may be willing to offer you a bad credit personal loan. The best part? They may be able to process your application super-quickly. Depending on when you apply, you may even have access to your cash the same day.

Access to funds is, however, dependent on inter-bank transfer times.

Can I apply for emergency cash loans 24/7?

Yes, with Monzi, you can.

Cash emergencies rarely wait for a time that’s convenient. Whether your car breaks down on your way home one night or a pipe bursts on the weekend, if you need emergency cash, Monzi could be there to help.

As we’ve made our website live 24/7, you can apply at any time. From there, we’ll do what we can to match you with a great Aussie lender. However, keep in mind that applications received outside of business hours may experience delays.

Emergency cash loans in one hour

Monzi’s lender-finder service is so easy to use, you may be able to complete your application within minutes. From there, our automated system will get to work trying to find you a lender.

While we cannot guarantee how long it will take to match you with a lender, we can guarantee we’ll aim to do it as quick as possible.

It may take Monzi longer to match you with a lender if you apply outside of business hours. In addition, lenders may not be able to assess your application until normal business hours.

What can I use an emergency loan for?

Emergency loans can be there for you in all sorts of stressful situations.

In addition, by working with lenders who may be able to offer loans of up to $10,000, Monzi’s lender-finder could be a great way to help deal with any emergency.

Medical expenses

Medical costs are not cheap. That’s no secret. If you, especially, do not have health insurance, costs can feel almost unmanageable.

A trip to the dentist might just be the last thing consumers need, especially if their monthly budget is already stretched.

Car repairs

We’ve all been there. One minute old faithful is running smoothly as ever; the next, it’s making noises no car should ever make.

If you’re on the way to work, you had better let your boss know ASAP. Oh, and then there’s the cost of the mechanics themselves. Put simply, a broken down car is the last thing anybody needs if they’re on a tight budget.

Education costs

Higher education is big business these days! And, it’s not just the courses themselves that are getting more expensive.

Throw in the need for a laptop, and your semester is already looking to be an expensive one. What is one to do?

Emergency travel

Has a loved one recently had a child on the other side of the country? Or, maybe someone in your family has suddenly gotten ill? How are you meant to be there?

While domestic flights are more affordable than ever, that doesn’t mean they are as accessible to everyone. If you’re on a low income, it may be much harder to afford these flights.

Loans for emergency travel may be available from $300 to $10,000.

Case study #1 – Rob’s emergency travel needs

Rob owns a farm in regional New South Wales. Usually, if Rob needs to visit his daughter and her partner in Sydney, he is happy to make the four hours drive each way. During one summer, however, Rob’s farm is hit with heavy rain and the community is flooded. To make matters worse, Rob badly damages his vehicle trying to cross a flooded road.

Usually, having his car in the mechanic would be a slight inconvenience. This time, however, he desperately needs to get to Sydney; his daughter has broken her leg. As a result, Rob needs an alternative plan to get himself to the city, and fast.

He asks around his family and friends if anybody can give him a lift, but nobody is available. Therefore, Rob decides to book with the bus line running between his town and Sydney. He is informed, however, that due to the flooding, there are limited services available. Moreover, the ticket prices have surged up to the point where Rob can no longer afford them.

After weighing his options up, Rob decides to borrow a small loan to cover his travel costs. He then uses a lender-finder service and is matched with a lender within an hour. Then, after having his application assessed and approved, Rob receives his loan the same day.

Monzi’s lender-finder

How can we help with personal loans? Well, we’re a local Aussie lender-finder, and we may just be your new best mate in finding fast finance online.

In short, we take the hassle out of finding emergency cash loans. When consumers use Monzi, they simply fill out one online submission form. From there, our smart banking technology will start looking through hundreds of different loan products to try and match you with an appropriate lender.

If we successfully match you with a lender, they’ll take it from there. Usually, they’ll conduct their own assessment of your application. If you’re approved, they’ll send through a digital loan contract. Easy, right?

Monzi – a lender-finder, run by Aussies for Aussies! After all, we understand the financial pressures of living in Australia today!

Am I eligible?

In an attempt to help out as many Aussies as possible, we’ve kept our eligibility criteria as open as possible.

  1. At least 18 years old.
  2. Hold an Australian Citizenship or Permanent Residency.
  3. Have a personal mobile number and email address.
  4. Have been receiving a regular income into a personal bank account for at least the last 90 days.

How do I apply for emergency loans?

Monzi’s lender-finder service has been designed to be as easy to use as possible. In short, it may only take you a few minutes to complete our 100% online application process. Interested? Here’s how it all works:

Apply online

Consumers can get started by entering in their ideal loan amount and terms into the loan slider at the top of the page. Next, examples of weekly, fortnightly and monthly repayments will be shown. Finally, click Apply Now.

Keep in mind, the costs and terms presented in the loan slider are just a guide. The actual cost and repayment terms may vary depending on the lender you’re paired with.


Our submission form will only ask for the essential information. What’s more, it’s 100% online and paperwork free. Therefore you may even be able to complete it within minutes. From there, our automated system will take over.

We’ll scan through hundreds of different loan products to try and match you with a lender who might be able to help.


We’ll let you know the outcome of our search via text and email – so keep an eye on your phone or computer. If we’re successful, your new lender should be in contact.

From here, you’ll deal with them directly. Generally, they’ll conduct an assessment of your application. Lenders will send through a digital loan contract if you’re approved. Consumers need to read through their contract thoroughly, and only approve it if they’re happy with all the terms and conditions presented.

If you’re unhappy with anything in your contract, you are under no obligation to approve anything. It won’t cost you a cent to decline the credit contract offered to you.

Emergency loans applied for before man and woman holding hands

Case study #2 – Nina needs to get home

Nina is a full-time student in Newcastle, who works part-time to support herself. Nina decides to spend a few weeks of her summer holidays road-tripping around Tasmania.

After she does her planning, she feels she has a water-tight budget. She has covered the cost of the flights, the hire car, all accommodation as well as food and other supplies. Therefore, she arrives in Hobart confident she has ensured a smooth trip.

In fact, everything does travel smoothly for the first week, and she enjoys her break. However, things begin to change quickly.

While hiking one day, Nina’s backpack breaks, and she loses a few of her belongings to the undergrowth. To make matters worse, when she arrives back at the car, the fuel light begins to flicker. Fortunately, there is a town nearby with a petrol station. Not-so-fortunately, Nina realises she’s lost her wallet on the mountain.

She now finds herself in a little bit of a pickle. While she still has her ticket back to Newcastle, she still needs to pay for fuel so she can drive back to Hobart. Moreover, she needs to be on the road back to Hobart the next day. Because she needs cash in her account quickly, she decides to apply for a loan for emergencies.

Her lender approves her application within an hour, and she has the funds appear in her account the next day.

When will I have access to emergency loans?

The golden question!

We understand that if you’re looking for urgent loans, you want to be able to access them as quickly as possible. There are, however, certain factors that may affect how soon you’ll be able to access your loan.

  • Your lender: Lenders may vary in their processing policies and times.
  • Your banking circumstances: Different banks may handle transfers like these differently. Therefore, inter-bank transfer policies may affect when you’ll be able to access your cash.
  • Banking rounds: Lenders will have different banking rounds throughout their business hours. Lenders transfer funds during banking rounds. In short, lenders may not transfer your money until the next business day, if you approve your contract outside of normal business hours. Finally, keep in mind there are no banking rounds over the weekend.

I’m unemployed but need an emergency cash loan

Are you looking online for an emergency cash loan unemployed no more hassle? Well, Monzi may be able to pair you with a lender who could offer little loans for unemployed consumers.

In short, some lenders may be able to regard regular Centrelink payments as a form of income. In particular, you will need to show repayments on your loan will fit comfortably within your regular Centrelink income. Therefore, you may need to keep your myGov details handy when you apply.

Are there emergency loans with a short term commitment?

Yes, when you need an instant cash fix to cover a shortfall, you won’t always need to be locked in for the long-term.

At Monzi, we work with lenders who may offer short term emergency loans from $300 to $2,000. With this, you can access the fast money you need now, and repay it over just 12 months. As a result, it’s just a brief commitment.

So, if you’ve got a minor expense that must be covered today, there’s no need worry. You could potentially borrow the money you need and have it repaid before you know it. That’s great for peace of mind in an emergency.

We can try to find lenders for unemployed single mothers

Yes! You read that right.

Monzi’s lender-finder service does not discriminate. In short, if you’re looking for personal loans but are a single mother, you can still apply with Monzi.

You will just need to show you are receiving a regular income. This could even include regular Centrelink payments.

Aussies are never guaranteed approval. All applications are subject to assessment by the individual lender.

I’m receiving Centrelink – can I apply for emergency loans?

Yes, absolutely!

Consumers who receive Centrelink can still use Monzi’s lender-finder service. You’ll just need to include your myGov details in your application.

If lenders can see your repayments will fit comfortably within your Centrelink income, you may be considered for approval.

Same day emergency loans: are they possible?

In short, they may be.

When it comes to emergency loans, you don’t want to wait. We get it. In most cases, you’ll be dealing with an expense that must be paid now. Unfortunately, Monzi cannot guarantee that you will receive your loan the same day.

Having said this, to give yourself a chance, there a few things that you can do. Firstly, you must apply during business hours. In addition to this, you must provide all the required details that we ask for.

If you can do these two things, then it may be possible to receive your loan on the same day in an emergency. Again though, it is out of Monzi’s control, meaning you may need to account for a waiting time of up to one business day.

Can I use an emergency loan to cover rent?

Typically, you cannot.

In most cases, lenders will not offer emergency rental assistance loans. Moreover, they won’t offer emergency loans for you to cover other necessities, such as food costs.

Given this, if you find yourself in a situation where you need emergency cash to cover your costs of living, you may need to investigate emergency government loans or benefit options through Centrelink. More often than not, these resources will be a more appropriate option than a personal loan.

Can Monzi find me small emergency loans for bad credit?

Yes, we can.

As a lender-finder service, we’ve developed an extensive network of trusted credit providers. With this, many are prepared to consider bad credit applicants. To do this, they’ll take a different approach.

Instead of focusing on your credit, lenders will assess your current relationship with money too. As a result, they’re able to see the bigger picture. When you’ve got bad credit and need emergency cash, this can be a breath of fresh air.

So, if you need a small loan in a hurry when you’re dealing with a cash emergency, turn to Monzi. We may match you with a lender willing to consider bad credit applicants before you know it. However, remember that approval is not certain.

Will you conduct a credit check?

As the lender-finder, Monzi will not conduct a credit check on your application. In fact, we won’t perform any sort of assessment at all. Instead, we simply gather your information and pass it on to a potential lender.

A credit check on your application, however, may be conducted by the lender you’re paired with. This may be part of their assessment of your application. After all, the lender you’re paired with will always assess your application, to deem whether or not the loan product is suitable for your situation.

A digital loan contract will be sent to consumers who are approved. If you’re happy with all the terms and conditions of your loan, go ahead and approve it.

On the other hand, if you aren’t happy with anything, you are under no obligation to sign anything.

What are emergency cash advance loans?

In short, a cash advance is typically a small, unsecured loan that you get to cover an expense now. Usually, these loans are just a short term commitment and will be repaid over a period of months.

Having said this, there may be other types of cash advances.

For instance, if you receive Centrelink payments and need emergency cash, then you may be eligible for a cash advance. In short, this involves having a portion of your payment paid early. In some cases, this may be a more appropriate option than taking out a personal loan. However, consider your circumstances to determine if this is an option for you.

Emergency payday loans vs. emergency personal loans

Monzi does not work with payday lenders. Instead, Monzi associates with lenders that may be able to offer personal loans.

Personal loans and payday loans differ in a few key areas. For example, payday loans Australia are usually unsecured loans of $2,000 and under. Personal loans, on the other hand, range anywhere from $300 to $10,000. In addition, personal loans can be both secured and unsecured.

Payday lenders may also offer repayment terms as short as four weeks. Therefore, having to pay back a $2,000 loan over four weeks can result in high, unmanageable repayments.

Conversely, personal loans will have repayment terms of several months. Therefore your regular repayments will be much more manageable.

What’s the best way to find fast emergency loans?

While it’s up to you, one option could be to apply with Monzi!

These days, lenders are dime-a-dozen. As a result, it can be difficult to know where to begin. That’s where Monzi can help.

In short, we cut out the hassle. All you need to do is submit one quick and easy application. From there, we’ll set about trying to match you with a lender. Best of all, this could take as little as 60 minutes.

When you’re in a bind and need an emergency loan today, Monzi might be able to make it easy for you. Use the loan slider at the top of the page to apply now.

Can you go to jail for not repaying a loan?

No. Australians will not be sent to jail if they fail to repay their loan.

There are laws about what happens during a debt recovery. For example, if somebody is chasing debt from you, they can’t:

  • send you to jail;
  • threaten, intimidate or harass you or your family;
  • arrive at your house unless it’s at a reasonable time; or
  • pursue you for money after the time limit on the debt has ended.

Head to MoneySmart’s article on repossession for more information.

Can I get a loan as a penioner?

Yes, it may be possible.

If you’re a pensioner but find yourself in need of an emergency loan, Monzi may be able to help. In short, we work with many lenders potentially willing to consider your application.

However, approval is not certain. If you receive a pension, then you must show that you receive sufficient income to cover your regular costs in addition to the loan repayments.

In any case, as a pensioner or low-income earner, remember that personal loans aren’t always the best choice, given the considerable costs. As a result, you may be better off investigating additional government support that may be available.

Can I apply for emergency money after hours?

The great thing about Monzi’s 100% online lender-finder service is that you can apply at any time, from anywhere.

While you can use Monzi to apply for cash loans 24/7 in an emergency, you may not get an outcome until normal business hours. In particular, lenders will not be able to assess your application until they return to the office during regular business days.

Get emergency loans ASAP

Need a financial helping hand? Find a lender to throw you a lifeline with Monzi.

Our application is super simple and easy to use. You could even have the cash in your account sooner than you think.

Otherwise, if you have any further questions about anything you’ve just read, you can dash over to our FAQs.

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Factor In


Two credit cards
Two credit cards

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. 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 (Principal 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 (Principal 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.