Loans Australia – Apply From $300 To $10,000 Online With Monzi

Loans Australia come in many forms. From cash loans to car loans, there may be a credit product that suits your needs. With Monzi, you can apply for personal loans Australia from $300 to $10,000. With easy applications and fast outcomes, we may be able to match you with a lender today. Apply now!

Please note, certain ideas and products presented in this article may not be offered by Monzi nor the lenders we work with. This article presents only general information. Consider seeking professional financial, taxation, legal or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

Loans Australia: what are your options?

We get it, you’re here to learn all about loans Australia. So, what better place to start than to investigate your loan options. While you may think that all loans are the same, that couldn’t be further from the truth. Loans come in a range of different forms, each of which may have different terms or features that you must be aware of.

As a guide, some common loans that you may need to apply for include:

  • Personal loans
  • Car loans Australia
  • Secured loans or unsecured loans
  • Home loans
  • Debt consolidation loans
  • Business loans Australia
  • Line of credit
  • Credit cards

And there may be many more. However, now that you’ve got an idea, we can investigate loans Australia in more depth. Read on as Monzi breaks down different credit products and how you may access them. Let’s go.

Monzi: find lenders offering cash loans for Aussies

Before we dive in further, allow us to introduce ourselves. We’re Monzi. Not only are we here to provide you with a comprehensive guide to loans Australia, we’re also one of the nation’s leading lender-finder services.

In short, every day, we match people from all over Australia looking to borrow money with a network of lenders who offer cash loans from $300 to $10,000. Best of all, these loans come with manageable repayment terms up to 24 months. As a result, you can cover an expense today and spread the costs evenly over a reasonable period.

Want to know more? Check out the table below for examples of loans that may be offered by the lenders in Monzi’s network.

Loans AustraliaAmount ($) AUDApproved
Emergency cash loans 24/7 Australia$1,000
Instant cash loans Australia$1,500
Fast loans Australia no credit check$2,500
Same day loans Australia$4,000

Note that this table is for demonstrative purposes only and does not necessarily reflect the loan you may be offered. Moreover, keep in mind that Monzi only works with lenders offering cash loans. As a result, if you’re after business loans, car loans or a mortgage loan, you may need to do your own research.

Loans 24/7 Australia: cash in an emergency

24/7 cash loans Australia allow you to access the money you need, when you need. After all, emergency expenses can’t be foreseen. Moreover, they usually don’t wait until it’s convenient. So, if you need a loan on the weekend or outside normal hours, you can apply with Monzi.

In short, our website is online and available for you 24 hours a day, seven days a week. As a result, you can apply whenever and wherever. You could be on the couch sipping on a cup of tea or on the bus to work. It doesn’t matter to Monzi. We’ll do what we can to match you with a lender offering cash loans 24/7 today.

However, be aware that while we are available to accept applications 24/7, if you apply outside of standard business hours, then your outcome may be delayed. To make this clearer, you may need to wait until the following business day for an assessment to be completed.

Personal loans vs payday loans Australia: what’s the difference?

On the topic of loans, one of the main points of debate relates to the difference between personal loans and payday loans Australia. So, Monzi’s here to make it clear for you.

Firstly, let’s look at payday loans. In short, payday loans are a form of fast loan where you can receive an outcome ASAP. Typically, these loans cover amounts from $300 to $2,000 and payday lenders may have lending criteria that are slightly less strict. However, the downside is that these loans may come with brief repayment terms that can be unmanageable.

By comparison, personal loans often cover a wider range of cash needs. For instance, you may apply from $300 to $10,000. Moreover, with repayment terms ranging from 12 to 24 months, they may be more affordable too. Best of all, personal loan lenders may still process your application ASAP, so you can potentially receive an outcome before you know it.

At Monzi, we aim to match you with lenders offering personal loans up to $10,000. Apply now.

Are there any bad credit loans Australia?

When you’re after cash loans Australia, you might feel that your bad credit will be an obstacle that you can’t overcome. While in the past, this may have been the case. These days, Monzi knows more than a handful of lenders who may offer bad credit loans from $300 to $10,000.

To do this, lenders won’t zero-in on your credit history. Instead, they look at the bigger picture. While your credit history represents your past, your budget represents your situation now. As a result, if you’re in a stable financial position and have your costs under control, then you may be considered for a loan even with bad credit.

That said, remember that approval is not certain. While some lenders may work with people who have bad credit, others may not. As a result, your outcome may depend on your lender and their policies.

What about loans without a credit check?

No credit check loans often feel like the only accessible option for borrowers with bad credit. However, as we’ve already outlined, bad credit finance may now be more accessible than ever. In any case, let’s take a look at what exactly no credit check loans Australia are.

As the name suggests, these loans are offered without the lender examining your credit report. In other words, they’ll focus their attention on your current financial situation to determine your outcome. However, these loans are only offered on a limited basis. For most lenders, a credit check will be an unavoidable step in your loan assessment.

In any case, as we’ve mentioned, bad credit may not be the dark cloud that it once was. If you’re in a stable financial position, then a credit check won’t necessarily be the end of your application.

Apply today with Monzi and we may match you with an understanding lender offering Aussie personal loans up to $10,000.

Can I get loans Australia on Centrelink?

You may.

At Monzi, we work with a network of understanding lenders, some of whom may consider benefit payments to be a legitimate source of income. As a result, if these payments account for a portion of your income, then you may be eligible for a Centrelink loan.

Having said this, remember that to be eligible, you must show that your income would be sufficient to cover the associated repayments. If you are a low-income earner, then this may be difficult. As a result, rather than applying for Centrelink loans Australia, it may be more appropriate to consider an alternative (e.g. Centrelink advance payment).

Finally, keep in mind that lenders may vary in their policies regarding Centrelink payments. While some will accept them as income, others may not. Moreover, not all payments types will be eligible (e.g. Youth Allowance). Given this, approval may depend on your lender.

Small loans Australia for those irritating expenses

Loans Australia come in all shapes and sizes. With this, the goods news is that if you’re dealing with a minor cash shortfall, small cash loans Australia could be one way to alleviate your stress.

In short, Monzi works with a few lenders who can specialise in offering these loans up to $2,000. Best of all, they’re unsecured and may be repaid in just 12 months. As a result, they’re only a short-term loan commitment.

So, whether you’ve got a bill to pay or have to cover your car servicing to keep your vehicle in action, Monzi may be able to set you on the right path. All you need to do is apply.

Finally, if you do need a little more, that’s OK too. Monzi works with lenders offering cash loans up to $10,000. So, if you find yourself in a pickle, we may put you in touch with a lender who can help.

Am I eligible to apply for Australia loans with Monzi?

If you need quick loans Australia, Monzi’s lender-finder may set you on the right path. However, before you dive, you must ensure that you check these four boxes:

  • Australian citizen or permanent resident
  • 18 years of age or older
  • Have a contact number and email address
  • Have an online bank account that your income is deposited into, with at least three months of history.

If you fail to meet any of the above criteria, then your application may not progress.

How do I apply?

Applying for cash loans doesn’t have to be a headache. At Monzi, we’ve made it simple for you. Not only is it easy and hassle-free, but it’s also fast too. As a result, you may be able to submit your application and get on with your day sooner.

Ready to begin? Just follow these four steps:

  1. Select your loan amount and repayment term.
  2. Supply the necessary personal and financial information.
  3. Submit your application and then put your feet up. Our automated system will take over and will attempt to pair you with an available lender.
  4. You’ll receive an outcome via text or email. If you are successfully paired with a lender, then they will reach out to begin the assessment process.

Note that Monzi cannot guarantee if a lender will approve your application.

Compare loans Australia: Monzi’s two-minute guide

Comparing personal loans is a vital step before you complete any loan application. Unfortunately, though, all too often borrowers hunting urgent cash loans skip this step and instead apply with the first lender they come across.

While this isn’t always disastrous, comparing loans is usually a good idea as it may help you access more favourable terms or find a lender that better aligns with your values.

Not sure what to compare, check out Monzi’s quick list below:

  • The costs: loans can be expensive. Use the comparison rate to get an idea of what your annual costs may be.
  • The terms: will you be able to repay your loan over a manageable period?
  • Unsecured or secured: do you have to attach an asset as security on your loan?
  • The lender: not all credit providers are the same. User reviews may be a great way to see how they’ve treated borrowers in the past.

While this outlines how you may compare personal loans, you should also conduct similar comparisons if you are looking to apply for car loans Australia, home loans or other similar products.

loans australia all over the country

Can I get loans in Australia without bank statements?

Loans without bank statements are often referred to as low doc personal loans. While these loans were abundant in the past, in today’s day and age, they may only be available on a limited basis.

If you apply with Monzi, then you must provide your online banking details. Our automated system will use these details to access read-only copies of your bank statements that we can pass onto lenders. From there, they can get an idea of your spending habits and budget to determine whether or not you may be suitable for credit.

As a result, if you’re after loans with no bank statements, then it’s unlikely that Monzi will be able to help you. Instead, you may need to do your research to find a lender who offers the product you’re looking for.

What are the best short term loans Australia?

At Monzi, we work with a network of Aussie lenders. As a result, we’re unable to say which short term loan Australia may be the best. As a guide, short term loans typically refer to loans with repayment terms up to 12 months. With this, in most cases, you’ll be able to borrow up to $2,000.

In addition to this, keep in mind that when it comes to the best loan, it’s often relative to your needs and objectives. In other words, the best loan for you, may not be the best loan for another person. As a result, you’ll need to consider what you’re looking for in a loan (e.g. low rates or flexibility), to determine which is best for you.

Are there any cheap personal loans Australia?

Cheap loans refer to your total costs. In other words, low interest rates and few fees. Unfortunately, at Monzi, we cannot guarantee if you will be able to find a cheap personal loan. After all, we’re not lenders, we simply aim to match you with credit providers fast today.

If you would like to get an idea of what the costs of a loan may be, then check out Monzi’s loan slider at the top of the page. Select your loan amount and repayment term (where applicable) and you’ll receive estimates of what you weekly, fortnightly or monthly repayment may be. However, all figures calculated are only a guide as your true repayments will be determined by your lender.

If you are looking to reduce the costs of personal loans Australia, then there may be a few options. Firstly, borrowing less will reduce the amount you must repay. So, do what you can to limit the amount you borrow. Next, if you have good credit, then some lenders may reward you for this via lower rates. Finally, applying for a secured loans may allow you to access lower interest rates than unsecured loans, given the lower risk for lenders.

Ultimately, though, your lender will determine your costs and will outline this to you via your loan contract. As a result, you must read it carefully, so you know how much you repay.

What about interest free loans Australia?

If you take out a personal loan or other similar product with a bank or lender, then you must pay interest. In short, it’s the cost that you incur for the right to borrow money. With this, your repayments will be comprised of a principal and an interest component. However, as it’s charged as a percentage of your principal, the amount of interest that you pay will reduce over time.

When it comes to no-interest loans, your only option may be to investigate the No Interest Loans Scheme (NILS). This scheme was devised to allow low-income earners to access affordable credit needed to purchase necessities (e.g. white goods). Do your research to determine if you may be eligible.

Finally, if you do earn a low income and are concerned about the significant loan Australia costs, then it may be more appropriate for you to investigate alternatives to instant loans (e.g. additional government support or Centrelink Advance payments).

Should I just apply for a bank loan?

Getting a loan from a bank may be one option if you need cash today. In most cases, banks may be able to offer a range of products including home loans, car loans and personal loans. As a result, they’re often a fairly safe option and will usually have a strong and established history.

Having said this, bank loans Australia aren’t your only option. With the rise of fintech, there are now many online lenders who can offer a similar range of products. Best of all, they may even be able to offer more favourable terms in some cases.

Given this, it pays to shop around. Compare the products and terms offered by banks and online lenders to determine which option is right for you. Who knows, if you take your time and compare products, you may even be able to save yourself some money.

Guaranteed loans no matter what Australia: what you need to know

If you’re desperate for a loan today, guaranteed approval loans might seem like a great idea. After all, you can apply and know that you’ll receive the money you need. Unfortunately, though, lenders in Australia cannot offer these products.

In short, lenders are required by law to assess all the loan applications they receive. The purpose of this is to ensure that borrowers are not offered credit products that are unsuitable for their needs, means and objectives.

Given this, if you come across lenders promising guaranteed approvals no matter what, you should steer clear. After all, lenders offering these products are not operating legally. If you are concerned about finding a licenced, trustworthy lender, then apply with Monzi. We could match you with a great Aussie credit provider today.

Debt consolidation loans Australia made easy

One of the most common forms of Aussies loans applied for with Monzi are debt consolidation loans. In short, these loans allow you to roll your existing debts and repayments into one easily managed loan. As a result, you’re left with one interest rate, one repayment amount and one clear path towards repaying your debt.

However, when it comes to debt consolidation, a personal loan may not be your only option. If you’re dealing with credit card debt, then you may be able to complete a balance transfer. With this, you can potentially take advantage of lower introductory rates to reduce your costs.

Finally, keep in mind that debt consolidation may only be an option if your costs will decrease or remain the same. If the cost of a debt consolidation loan would exceed your existing repayments, then it may not be the right choice for you.

Can I get weekend loans Australia?

With Monzi, you can apply for loans in Australia at any time. As a result, whether you’re after 24/7 loans for unemployed individuals or just an instant cash loan to pay a bill that’s due today, Monzi’s website will be live and active for you to submit an application.

However, note that while we may be able to receive your application, we cannot guarantee if you will be offered a loan on the weekend. In many cases, lenders will not process applications outside of standard business hours, meaning that your outcome may be delayed. Moreover, even if your application is processed and approved, your bank may not process the cash transfer until the following business day.

So, while you’re welcome to get in touch with Monzi on the weekend, keep in mind that you may experience delays.

Should I apply for secured or unsecured loans Australia?

In short, that’s up to you.

On the one hand, if you’re after a small loan between $300 to $2,000, then you’ll be applying for an unsecured loan. On the other hand, if your expense is more serious, then you may need to apply for a secured loan of up to $10,000.

The difference between the two relates to the requirement of security. With a secured loan, you must sign over an asset as security on your loan. This asset guarantees your loan, as if you default, your lender may begin the repossession process to recover their losses. As you may have anticipated, with an unsecured loan, there is no such requirement.

Finally, note that if you do have poor credit, then applying for a secured loan for bad credit may increase your chances of approval, given that there is less risk for your lender. However, that’s not to say approval is guaranteed. Your lender will still conduct an assessment to ensure that the repayments would be affordable for you.

Are there any loans for medical procedures?


Whether you need a little extra cash for dental work or require a minor medical procedure, there may be finance available. At Monzi, we work with lenders who work with lenders offering personal loans that you may spend like cash up to $10,000. However, loans must be repaid with interest. As a result, before applying, ensure that you have investigated other payment options and schemes designed to assist you to cover medical expenses (e.g. Medicare).

Similarly, Monzi may also be able to match you with lenders who could offer cosmetic surgery loans Australia up to $10,000. However, remember that cosmetic surgery is elective and is usually not a necessity. As a result, you must consider the costs of a loan before applying.

Do I have to accept a loan I’m offered?


If you are unhappy with the terms offered to you or simply decide that you no longer want to continue with your application, then you are free to decline your contract. Inform the lender that you no longer wish to proceed with your application and it will be cancelled. Never agree to a loan just because you feel obliged to.

Having said this, it’s crucial to remember that you may only cancel your application before you agree to a loan. If you have signed a contract and your cash has been transferred, then it will almost certainly be too late. As a result, you must read your loan contract thoroughly and consider the pros and cons before agreeing to the terms.

How can I find online loans Australia?

As you may be aware, if you simply search ‘loans Australia’ or other similar terms, you’ll be inundated with lenders advertising and promoting their services. However, with the sheer range of options, it may be difficult to know where to begin. While you could spend hours sifting through search results, why not enlisted the services of Monzi instead?

In short, our lender-finder service may make it easy for Aussies to access online loans today. To begin, just apply. From there, we’ll set about trying to match you with a lender. If we’re successful, then we’ll pass your application onto them so that they can conduct an assessment.

Given this, Monzi could be the fast and hassle-free option you need to find loans online. Apply from $300 to $10,000 now using Monzi’s loan slider. We’re ready and waiting to hear from you.

Loans Australia-wide: geography is no obstacle

Monzi is committed to helping Aussies find top-notch lenders online. As a result, it doesn’t matter where you are in this great country, you’re welcome to apply. So, whether you’re living in peace and tranquillity of Tassie, enjoying the tropical weather of North Queensland or needing quick cash in Geelong, Monzi could be there when you need to apply for a fast cash loan.

Just make sure that you can connect to the internet and meet our eligibility criteria. If you can check those two boxes, then Monzi’s lender-finder service is available at your fingertips. Apply from $300 to $10,000 now!

Finally, if you’re looking to relocate, check out Monzi’s guide to finding the best location to live in Australia.

Contact Monzi

When it comes to loans, we understand that things may seem overwhelming at first. Not only are there a range of products on offer (e.g. cash loans, car loans, debt consolidation loans, etc.), but there are also many features that you must understand too (e.g. personal loan interest rates, fees, terms).

So, if you’ve got questions about what Monzi can do for you, then you’re welcome to get in touch. Flick us an email at and we’ll do our best to respond in a prompt and friendly manner.

However, it’s important to understand that as Monzi does not offer cash loans Australia, we cannot answer specific questions regarding the credit that may be available to you. Instead, we can only answer questions regarding our service and organisation.

If you would like more information regarding personal loans, then it may be wise to check out Moneysmart’s easy loan guide. There you may find all the information that you need to know.

Apply for loans Australia now

Need a cash loan in Queensland today? Maybe you’re down south in Ballarat. You might even require cash loans Western Australia. With Monzi, it doesn’t matter. Apply now. Through our legit Aussie lender-finder service, we may pair you with a lender in just 60 minutes. Borrow cash amounts from $300 to $10,000. Just hit the floating “Apply Now” icon or scroll up to our loan slider. Let’s go!

Want to learn with Monzi? Check out our guides to farm loans, life insurance or 4×4 accessories. While they may not be relevant to you today, it’s also good to learn new things.

If you’re not ready to apply yet, that’s OK. You can keep up to date with Monzi on our various social media platforms. Follow us on Facebook, Instagram, Twitter and Pinterest now. We’d love to be friends.

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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 (minimum)

12 months (maximum)


20% upfront establishment fee

+ 4% monthly fee


Representative example based on a loan of $1000 over 6 months a borrower can expect to pay a total of $1440.

Disclaimer: Under the current legislation, all Small Amount Credit Contract loan providers don’t charge an annual interest rate. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The comparison rate on loans between $300 and $2000 could be up to 199.43%. The minimum loan term is 16 days and maximum loan term is 12 months. Representative example based on a loan of $1000 over 6 months a borrower can expect to pay a total of $1440. WARNING: This comparison rate is valid 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.

Loan amount

$2,100 - $4,600


13 months (minimum)

24 months (maximum)


47.8% Annual Percentage Rate (APR)

65.85% Comparison Rate p.a.


Representative example based on a loan of $2500 over 24 months a borrower can expect to pay a total of $4,556.88.

The maximum interest rate for a Medium Amount Credit Contract is 47.8%. Comparison Rate 65.85% p.a. The maximum loan term is 24 months. Representative example based on a loan of $2500 over 24 months a borrower can expect to pay a total of $4,556.88. WARNING: This comparison rate is valid 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. Credit criteria and terms and conditions apply.

Loan amount

$5,000 - $15,000


13 months (minimum)

24 months (maximum)


17% Annual Percentage Rate (APR)

36% Comparison Rate p.a.


Representative example based on a loan of $10,000 over 36 months a borrower can expect to pay a total of $16,489.

The starting interest rate for a Personal Loan is 17%. Comparison Rate 36% p.a. The maximum loan term is 24 months. Representative example based on a loan of $10,000 over 36 months a borrower can expect to pay a total of $16,489. WARNING: This comparison rate is valid 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. Credit criteria and terms and conditions apply.