Need Money Fast? Here’s How

Need money fast? Monzi’s lender-finder service may be able to help. Apply for cash loans from $300 to $10,000 and you might be paired with a potential lender in under 60 minutes*. Get started today!

Need money fast

Personal finance is rarely smooth sailing. While we all try to remain disciplined and stick to a budget, it’s simply not always possible. Unexpected expenses can appear from nowhere, leaving you short on cash and needing a solution.

A personal loan could be an option worth considering if you find yourself in this position. Through Monzi’s lender-finder you can borrow anywhere from $300 to $10,000.

Best of all, repayment terms range from months to years, meaning there’s no need to compromise your current budget. You might get a short term loan or something a little longer.

So, when you’re ready to begin, apply with Monzi. We may be able to match you with a potential lender offering the cash you need in just 60 minutes.

The table below displays examples of fast loans that may be offered by Monzi’s lenders:

Need money fastAmount (AUD)Approved
Small loans fast$500
Fast cash loans$1,400
Quick loans online$2,500

Need bond money fast

Moving into a new place is always exciting. Unfortunately, it’s expensive too.

Paying for movers, new furniture and cleaning costs can leave you short on cash. As a result, covering your rental bond (equal to up to four weeks rent!) can be tough.

Fortunately, you have options. With Monzi, you can apply for a loan to help you cover your bond payment up to $10,000.

You might get the cash you need now while your costs are spread over the coming months or years. Most importantly, you can move into your new home or apartment with all your costs covered.

Need money fast Centrelink

If you receive benefit payments you might think it’s impossible to access finance online. Luckily, it’s not.

While some traditional lenders may be unwilling to work with you, there is a host of progressive, online lenders who might.

You should consider all other loans options available to you if you receive Centrelink. After all, it can be expensive to borrow small amounts of money.

Alternatively, access free financial advice by visiting the National Debt Helpline website or by calling 1800 007 007.

Need money fast but have bad credit

Now, more than ever, lenders are willing to take on a range of subpar circumstances. One example is the fact that lenders may offer bad credit loans. However, in order to offer cash loans for bad credit, what do lenders assess?

Well, rather than simply dwelling on your credit history, lenders will dig into your current financial situation too. By assessing your income and expenses, they can determine the repayments that may be affordable for you.

So, if your credit is not where it should be, apply with Monzi. We may be able to pair you with a lender that’s understanding of your situation.

Need money fast no credit check

No credit check loans may be one option if you’ve got bad credit.

In short, credit checks are just one way lenders can assess your financial situation. However, some lenders may be willing to by-pass a credit check.

Unfortunately, Monzi cannot guarantee if you will be offered a no credit check loan. It will simply come down to the lender you are paired with and their assessment policies.

If you wish to apply for a no credit check loan directly, you may want to consider an alternative to Monzi’s lender-finder service.

Finally, keep in mind that you may be considered for approval despite your poor credit history.

I need money fast: Monzi can help

At Monzi, we’ve developed an extensive network of high-quality lenders who all offer a range of loan products. Moreover, each of these lenders will waste no time assessing your application to ensure you get an outcome ASAP.

So, when you finding yourself in bind and searching “I need money“, Monzi can potentially help.

One thing to note is, depending on the amount you wish to borrow, you will be applying for one of three types of loan. Each differs slightly, so it’s important to understand which one is right for you.

See below for details:

Small loans

  • Loan amounts ranging from $300 to $2,000
  • Repaid over 12 months
  • Unsecured.

Medium loans

  • Loans from $2,100 to $4,600
  • 13 to 24 month repayment period
  • Secured loans.

Large loans

  • $5000 to $10,000
  • Repaid over 13 to 24 months
  • Secured.

I need to make money fast

While a personal loan is one option when you’re short on cash, there are a number of simple money-making hacks that could help provide the cash you need.

Options include:

  • Do paid surveys online
  • Sell your old stuff
  • Get a second job
  • Become a house-sitter
  • Cut out any unnecessary expenses.

Am I eligible to apply with Monzi?

Before you apply with Monzi, ensure you meet our four eligibility criteria:

  • At least 18 years of age
  • Australian citizen or permanent resident
  • Have a current email address and mobile phone number
  • Earned a regular income, deposited into an online bank account for the three months prior to your application.

Monzi’s simple applications

At Monzi, we aim to make your life a little easier. We have, therefore, made sure our application process is as simple as can be.

When you’re ready to begin, just follow these three easy steps:

  1. Apply: use Monzi’s loan slider to decide how much you wish to borrow. Enter the required personal details and hit ‘submit’.
  2. Search: once we have your application, we’ll set about trying to pair you with an available lender to assess your application. If you apply during business hours this may take as little as 60 minutes.
  3. Outcome: stay by your phone because we’ll be in touch to let you know the outcome. Should you successfully be paired with a lender, they will contact you to begin the assessment process.

Need money fast cheetah on savanna

Where can I go to borrow money fast?

One option worth considering could be Monzi’s lender-finder service. All it takes is one easy application and you can potentially be paired with an available lender in just 60 minutes.

Monzi has spent time developing a network of licenced and trusted lenders for you. We can potentially take away the hassle and save you time. Moreover, you can trust that if you’re paired with a Monzi lender, they will do things by the book.

For the quickest outcomes, apply during business hours. Applications received outside of these times may encounter delays.

Can I get an instant loan?


There are plenty of lenders who will offer instant loans. However, it’s important to understand exactly what an instant loan is.

In short, an instant loan refers to an instant online loan that is processed so quickly that it feels like you receive an outcome in no time. However, it doesn’t mean you will get your cash the minute you apply.

This is due to the fact that lenders must assess all the applications they receive. As a result, there will always be some processing time involved.

Should you come across a lender promising guaranteed approval, it’s wise to avoid them. Assessments exist to protect you. It’s about ensuring the loan you are offered is suitable for your circumstances.

Australia’s responsible lending obligations

As mentioned, lenders in Australia must act responsibly and assess every application they receive. This is to ensure they comply with the responsible lending conduct outlined in the National Consumer Credit Protection Act 2009.

In short, the key concept of this legislation is that lenders must not enter into a credit contract with a borrower that is unsuitable for the borrower’s needs.

With this, in assessing applications, lenders are required to meet three obligations.

  • The lender must make reasonable inquiries into a borrower’s financial situation.
  • The lender must take steps to verify this information.
  • A final decision must be made as to whether the loan is suitable for the consumer.

For more details, visit the Australian Securities and Investment Commission website.

What information will I need to provide?

The best way to ensure you get a quick outcome when you need to borrow money fast is to provide all the key information when you first apply. In other words, if your lender has to chase up the information you failed to provide, your assessment will be delayed.

Ensure you can provide the following information when you apply:

  • Personal details (name, date of birth, address)
  • The amount you need to borrow
  • Online banking details
  • Proof of employment
  • An estimate of your current income and expenses
  • Any other relevant details (e.g. MyGov details or other outstanding debts).

Need money fast bad credit: payday vs personal loans

Fast money loans often come in two forms: payday and personal loans.

Firstly, payday loans are small, unsecured loans of up to $2,000. Repayment terms are short (sometimes as short as a few weeks) and outcome times are quick. Payday loans may help you cover those emergency expenses that just can’t wait.

A common payday loan alternative, personal loans may be more flexible for borrowers. You can apply for up to $10,000 with repayment terms potentially ranging from 12 to 24 months. Lenders will also work quickly to ensure you can have a fast outcome too.

At Monzi, we aim to pair our borrowers with lenders who can help you get a personal loan. As a result, if you wish to apply for a payday loan directly, you may want to consider an alternative to Monzi’s lender-finder service.

Need money fast loan same day

It may be possible to receive same day loans when you apply with Monzi, however, this is not assured. To give yourself the best chance, make sure you apply during regular working hours.

If you do this, it may be possible for us to pair you with a lender in just 60 minutes. Subsequently, your lender will waste no time in assessing your claim so you can have an outcome ASAP.

In short, if everything goes to plan, it may be possible to receive your cash on the same day you apply. Alternatively, your funds should be made available by the following business day.

Need money fast no credit check Australia: your financial situation

While a fast cash loan can seem like the solution to your short-term cash needs, it’s important to consider your financial situation before applying.

In short, it’s crucial to know exactly what you can afford to borrow and repay before you begin. As a result, conducting a thorough assessment of your finances is never a bad idea.

As a guide, ask yourself a few of the following questions:

  • What’s your income?
  • What are my regular expenses?
  • Do I have any major, upcoming expenses?
  • Can I cut costs to reduce the amount I need to borrow?
  • How much can I afford to repay each week, fortnight or month?

The ultimate guide to repayments

Monzi’s lenders offer a range of repayment terms that you can potentially tailor to your financial situation.

Repayment periods can range from 12 to 24 months depending on your loan amount, while you’ll also have the choice between weekly, fortnightly or monthly repayments. In short, select the combination that works best for you.

Finally, making your repayments is so easy. Just set-up a direct debit from your account and the money will be taken from your account automatically. You won’t need to lift a finger.

I need to borrow money fast with bad credit: why was my application denied?

If you’ve got an urgent expense and need need an emergency cash loan Australia, we understand that being denied is frustrating.

Unfortunately, at Monzi, we will be unable to say exactly why your application was not approved. This is because as a lender-finder, we do not conduct assessments.

As a result, you will need to contact your lender directly. They may be able to outline exactly why you were unsuccessful.

In any case, if your application is unsuccessful today, you are more than welcome to apply with Monzi again in the future. We won’t hold your past application against you, so if your financial situation improves, don’t hesitate to apply.

Contact us

The lending world can be tricky, we understand that. So, if you’ve got questions about Monzi or what our lender-finder service involves, feel free to get in touch.

Email us at and our customer service team will get back to you with an answer when they can. This email is only monitored during business hours, therefore contact received outside of these times can encounter delays.

Moreover, for questions specific to a loan you’ve taken out, contact your lender directly. Monzi cannot speak on behalf of other organisations and are not privy to the details of your loan. As a result, we will be unable to answer your questions.

Apply today

Scroll up to the top of the page and begin your application. Let’s go. Need a loan for a bicycle? Maybe its for solar panels? Whatever it is, Monzi can try to help.

Alternatively, access more Monzi on Facebook, Instagram, Twitter and Pinterest.

Finally, why not learn more with Monzi today? Our quick and easy guides to reusable face masks or budget pet products may teach you a thing or two. Check them out.

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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


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%. The minimum and maximum loan term is 12 months. 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.

Loan amount

$2,001 - $4,600


13 months (minimum)

24 months (maximum)


48% Annual Percentage Rate (APR)

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 Annual Percentage Rate (APR) for Secured Medium Loans is 48%. The Typical Comparison Rate is 67.41% p.a. The minimum loan term is 13 months and the maximum loan term is 24 months. 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 (minimum)

24 months (maximum)


21.24% Annual Percentage Rate (APR)

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 Annual Percentage Rate (APR) for Secured Large Amount Loans is 48%. Maximum Comparison Rate is 48% p.a. The minimum loan term is 13 months and the maximum loan term is 24 months. 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.