Personal Loan Apps On Your Mobile – Apply Today With Monzi

Personal loan apps might make it quick and convenient to apply for cash loans today. However, why not give Monzi a try? Our 100% online lender-finder service might make your life a little easier. Complete an application and we may match you with a lender offering instant cash loans from $300 to $10,000. Apply from your phone, tablet or computer 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.

Can I borrow money via personal loan apps?

Personal loans are one way that you might cover a cash shortfall that’s bent your budget out of shape. In short, if your application is approved, you receive cash upfront. You are then free to spend it on whatever expense you’re dealing with. To repay your loan, you must make a series of even repayments over terms ranging from months to years. With this, lenders will apply fees and interest.

Generally, to apply for these loans, you can simply log onto the website of a lender. Alternatively, you could enlist the services of a lender-finder like Monzi. In any case, personal loan apps aren’t your only option. There are plenty of credit providers in the market who might help you out.

Read on as Monzi explores personal loan apps and how you might get a loan today. Let’s go.

Monzi’s lender-finder: the personal loan apps alternative

You don’t need to find an app to apply for a personal loan. You can apply using Monzi’s quick and easy-to-use website.

As a lender-finder service, we won’t offer you a loan. Instead, we can potentially take away the headache of finding a lender. Apply today and might match you with an available lender from our network in just one hour.

Monzi is compatible with your phone, tablet, laptop or desktop. So, whether you’re on the go or curled up on the couch, you can apply at any time. Fast and easy cash loans could be at your fingertips.

No stress, no hassle. Why don’t you give Monzi a try today? Cash loans from $300 to $10,000.

How do I apply?

Forgot personal loan apps, try Monzi’s online lender-finder service.

To apply, you must first select your ideal loan amount using Monzi’s loan slider. With this, you may need to pick a suitable repayment term. From there, you’ll just have to follow the instructions and provide the necessary personal details to complete your online application.

At this point, your work is done. We’ll take it from here and will do our best to match you with a lender offering cash loans from $300 to $10,000. Apply during business hours and an outcome might be possible in just 60 minutes. If we are able to connect you with an available lender, they will reach out to outline the next stage of the process.

With Monzi, there’s no stress and no headaches. Apply today.

Does Monzi work with lenders offering fast approval loan apps?

We do.

Fast approval loans might be what you need if you want cash loans in a hurry. Many lenders process loans fast so that you may receive an outcome before you know it. While approval is never guaranteed, it’s certainly possible to receive your loan on the same day you apply. However, that’s contingent upon you applying during business hours and providing the necessary details.

In any case, if you apply with Monzi today, we could put you in touch with a lender in just 60 minutes. Submit an easy application and put your feet up. Our automated system will do the work and you may be matched with an available lender before you know it. It’s quick and easy. Give it a try.

Can I get a loan with bad credit?

It’s possible.

In the past, traditional lenders saw bad credit as a big problem. Often, it stood between borrowers and approval. These days, however, things are a little different. At Monzi, we know lenders who take a more modern approach.

Generally, bad credit reflects your past behaviour as a borrower. Maybe you missed some repayments or defaulted on a loan. While that may have been the case, you might be in a secure financial position now. As a result, your bad credit may not reflect who you are today.

With this, if you are matched with a lender via Monzi’s lender-finder service, they may look at your financial situation as a whole. As a result, you can still be approved for a loan with bad credit, so long as you demonstrate that you are earning sufficient income and have your budget under control. However, remember that approval is never guaranteed.

What about with no credit check?

Unfortunately, Monzi cannot guarantee if you will be offered an instant loan with no credit check. As we are a lender-finder, we do not conduct credit checks ourselves. However, if you are matched with a lender, then they may analyse your credit history during your loan assessment, as per their policies and procedures. In some rare cases, you might bypass a credit check, however, this will only be at your lender’s discretion.

Luckily, lenders look at more than just a credit check when they assess your application. Your income, expenses and other factors are considered too. That way, some lenders may be able to provide a fair go for borrowers with bad credit. If you meet the necessary criteria, you may be offered a loan with bad credit.

Are there any payday loan apps?

There may be.

Payday loans are usually small loans from $300 to $2,000. With this, you can borrow a small amount to cover your shortfalls until your next payday arrives. Often, payday lenders are more open with their qualifying criteria than traditional lenders. Moreover, they may process your application in a heartbeat.

At Monzi, we aim to match our applicants with lenders offering personal loans. As a guide, personal loans may be larger (i.e. up to $10,000) and may be repaid over longer terms of up to 24 months. However, if you want a payday loan, then you may need to do your own research.

Am I eligible to use an online loan app?

Payday and personal loan lenders vary in their exact qualifying criteria. While some may offer loans to borrowers on Centrelink, others may not. Similarly, different lenders may apply different income requirements.

Given this, Monzi cannot speak to whether you will be approved for a loan. However, in most cases, the eligibility criteria you must meet to apply are fairly standard. To give you an idea, before you apply with Monzi, you must check the following boxes:

  • At least 18 years of age.
  • Australian citizen or permanent resident.
  • Can provide contact details (e.g. mobile phone number and email address).
  • Earned a regular income, deposited into an online account, for the three months prior to your application.

Pay on demand: are these personal loan apps?

Pay on demand could be viewed as a new way to borrow. If you’re unfamiliar with the concept, allow Monzi to explain.

So, let’s say you are looking for personal loan apps. Instead, you come across a pay on demand app. Via these platforms, you can access a portion of your future wages early to cover a pressing expense. From there, you must repay this advance plus a fee once your next payday arrives.

Putting this into an example, let’s say you’re one week from payday. You have a bill to pay today that costs $200 but don’t have the cash. So, you apply for a $200 advance. This money is deposited into your account and you can pay your bill. One week later when you receive your pay, $200 plus a fee is deducted from your account.

Ultimately, receiving your pay on demand is still a form of loan. There is a fee involved with borrowing and you are required to repay the money you borrow on a set date. Moreover, receiving an advance today may reduce the amount of money you have at your disposal for the next pay period. Therefore, consider how it may impact your budget before applying.

How do I sign-up to use pay advance apps?

Each pay advance app may have their own sign-up process, however, we’ll provide a general overview. Firstly, you must be an Australian citizen and at least 18 years old. To open an account, you must provide the following details:

  • A mobile number
  • Email address
  • Valid ID (e.g. passport or licence)
  • Details of the online bank your income is deposited into.
  • The date and amount of your last pay.

If you meet the necessary criteria, then your account may be active in just a few minutes. From there, you can apply for a pay advance to access a portion of your wages early.

You may consider this as an alternative to using a personal loan app. However, if you do need to borrow a little more, you can apply with Monzi from $300 to $10,000. If approved, you can receive the fast cash that you need now and repay it via even instalments.

What are the benefits of pay on demand apps vs personal loan apps?

Pay on demand apps are a relatively new player in the Australian personal finance market. As a result, there’s a good chance that they will continue to grow and adapt over time. In any case, the commonly cited benefits of using these apps rather than personal loan apps include:

  • Less commitment: to be offered a loan, lenders must conduct an assessment. Moreover, you might have to make repayments for months or years. By comparison, you must repay a pay advance on your next payday.
  • Lower costs: pay on demand apps may charge either a flat fee or a fee that’s equal to a percentage of your advance. In either case, the costs won’t be as high as what you would be charged with a loan.
  • It’s easy: you can apply for an advance in minutes and, if successful, the cash could arrive in your account in what feels like the blink of an eye.

While there are positives, consider the fact that these apps are designed to only cover small shortfalls. If you encounter a more serious expense, then a standard cash loan may be a more viable borrowing option. After all, through Monzi, you can apply for up to $10,000. Pay on demand apps may only allow you to access up to $750. From emergency car repairs to last-minute travel, Monzi knows credit providers who might be able to lend you a hand if things go wrong.

How much can I borrow using pay on demand apps?

In short, it may vary.

In most cases, pay on demand apps in Australia allow you to borrow a fixed percentage of your regular income. As a guide, you might borrow 25% of your income in advance, which is then repaid when you get your next pay cheque.

However, some apps will impose maximum and minimum borrowing amounts on this. For instance, the minimum may be a $100 advance, while the maximum may be a $700 advance.

Ultimately, pay on demand apps aim to fill a gap in the market not filled by personal loan apps. A small pay advance might help you smooth things over until your next payday without the commitment of a loan. Just ensure you only apply when necessary. Moreover, consider how an advance may impact your budget in the weeks ahead.

Woman with pink nails using her phone to search for personal loan apps

Does Monzi offer personal loans apps to track my payments?

We don’t. We’re just a lender-finder. However, there are plenty of personal finance apps available today that might help you. Just like an Excel Spreadsheet, these apps allow you to enter the details of your bank accounts, credit cards and other expenses. From there, you can easily track your spending, saving and how you are managing your budget. You can even set notifications for payment due dates and savings goals.

As a guide, some of Australia’s best personal finance apps include:

  • Pocketbook
  • Moneybrilliant
  • Goodbudget
  • Frollo
  • Finspo

Check out the App Store today. Find the app that provides what you need. A great place to start is to read user reviews to see what Aussies have thought of the app in the past.

Should I use an app to track my finances?

It’s never a bad idea to stay on top of your finances. From setting savings goals to monitoring your spending, there are a range of apps available, such as those listed above, that might open your eyes to how you can better manage your money.

Ultimately, these apps take away the guesswork. By constructing a budget, considering your income and factoring in your regular expenses, you know exactly where your money goes each month. From there, you can easily work out whether you can purchase that comfortable new couch or trendy jacket. You might even find ways to cut your costs to maximise your monthly savings.

Do your research and compare user reviews. Personal finance apps may be one way to resolve the mystery of where your money goes. Why not give it a try?

Can I complete Monzi’s loan app form online?

You bet.

While Monzi is run by real people just like you, our service exists solely online. That means there is no need to visit a fixed location. You don’t even need to worry about receiving a phone call. You can apply 100% online in minutes through our website.

It’s mobile-friendly too, so forget about trying to find personal loan apps. Just give Monzi a try! We work with understanding lenders who give Aussies a fair go. From bad credit loans to emergency loans when you’re in a bind, you apply from $300 to $10,000. Best of all, your costs are divided into manageable repayment instalments over terms ranging from 12 to 24 months.

Apply online now and we might match you with a lender before you know it.

Easy loan calculator app

Before you agree to an online loan, you must consider the costs. After all, lenders charge fees and interest. That means your total costs will exceed the initial sum you borrow. The amount of this excess will depend on the interest rate as well as the fees you are charged.

That’s where personal loan repayment calculators can often come in handy. One example is the Moneysmart personal loan calculator. In short, enter the key details of your loan (e.g. amount, term, rate). From there, it will generate estimates of what your total loan costs could be.

As an alternative, check out Monzi’s loan slider at the top of the page. It functions just like a loan calculator. Select your ideal loan and repayment term and the slider will generate estimates of your regular repayment amount.

However, when it comes to loan calculators, you must understand that all figures are estimates. If you are offered a loan, then your lender will determine your costs. They will outline this to you in your loan contract.

Can I apply for personal loans via a bank’s app?

You may.

At Monzi, we work with lenders offering online personal loans when you need them. However, banks have long been a source of personal loans too.

With this, every bank will have an app. In some cases, you may be able to apply for a bank loan via the app. As a result, you can potentially receive your loan without having to head down to your local branch. However, this won’t always be possible. Often, you may need to apply online. As a last resort, you can also apply at the nearest branch if you so desire.

At the end of the day, applying with a bank may allow you to access the cash you need. However, make sure you shop around. Fast online lenders might offer quick and easy access to credit. By comparison, you might encounter some waiting time with a bank. So, consider the costs, terms and features before deciding which lender is right for you.

Which apps offer personal loans instantly?

Instant loan approval is a funny thing. While it’s often advertised, don’t fall into the trap of thinking you will receive an outcome as soon as you apply. Instead, you’ll always experience some processing time.

Lenders in Australia are bound by strict, responsible lending protocols. Above all else, they cannot offer loan contracts that are unsuitable for a borrower’s means and objectives. As a result, lenders must conduct an assessment on all applications they receive. So, while they will endeavour to provide an instant outcome on your loan, it will take some time for them to check the necessary boxes.

Given this, think of instant cash loans as loans that lenders process so fast that it feels like very little time has passed. In reality, you should account for a waiting time of at least one business day, just in case.

Finally, remember that lenders cannot offer guaranteed approval. If you do not meet the necessary requirements, then your lender may deny your application.

What about $10,000 loans?

At Monzi, we know a bunch of lenders who offer large secured loans of up to $10,000. You can repay these loans over terms from 13 to 24 months. That way, there might be a manageable option for your budget.

Obviously, $10,000 is not a small sum of money. You’ve probably got a major, unexpected expense to cover. However, you must remember that you must secure loans over $2,000 with an asset. As a guide, this may be your car, boat, caravan or motorcycle. For lenders, it’s about minimising the risk of offering such significant loans. After all, if you fail to repay your loan, your lender may take steps to repossess this asset.

Finally, if you would like to borrow more than $10,000, this might be possible. For instance, some lenders may offer $30,000 personal loans. However, to be eligible, you must meet certain criteria (e.g. a good credit score).

I just need small personal loan apps

Not a problem.

While a $10,000 loan might address a major cash shortfall, it’s far more common for Aussies to borrow small cash amounts. For instance, maybe you just need a $1,000 loan or a $2,000 loan to cover the costs of car repairs or other such expenses. In these situations, Monzi is more than willing to help.

We work with lenders who offer a broad range of cash loans. In short, this is because we want to help as many Aussies as possible find a lender when they apply. So, if you just need a small loan to bridge the gap. Log onto the Monzi website. We might connect you with a lender offering loans from just $300. Best of all, loans under $2,000 are only a short-term commitment and may be repaid in just 12 months.

Finally, remember that small loans are unsecured. As a result, you don’t have to worry about providing an asset as security. Just make your loan repayments on time and in full.

Personal loans apps: why should I apply with Monzi?

At Monzi, we can’t offer you an app. However, that’s not a problem. Our website is compatible with your phone, tablet and computer. In other words, you can apply for cash on your mobile today.

Ultimately, at Monzi, our goal is to make your life a little easier. If you are scrambling, trying to apply for an emergency loan, chances are that you’re already pretty stressed. With this, allow Monzi to take one task off your plate. Rather than finding a lender yourself, let Monzi take over. We could match you with a great Aussie lender in just 60 minutes.

Beyond that, other benefits you might experience when you apply with Monzi include:

  • Our system is protected by McAfee and Comodo. That means your personal details are safe and secure.
  • Our application process is so easy that you might have it completed in minutes. That way, you can get on with your day sooner.
  • You can apply Australia-wide. In other words, Monzi is here to help Aussies from every corner of the map.

Contact Monzi

We know that personal finance can be tricky. That’s why we’re always happy to answer your questions. You can contact Monzi at at any time. From there, our customer service team will do what they can to get back to you with a prompt and polite response.

With this, while we do endeavour to address all queries, remember that Monzi is a lender-finder only. We are not a lender nor do we offer a personal loan app. As a result, you may need to direct your questions to the relevant organisation. After all, we cannot speak on behalf of another business.

Personal loan apps: apply from any device with Monzi

Apply for fast cash in no time. Monzi knows lenders who might offer quick cash loans today from $300 to $10,000. Best of all, you can apply from your phone, tablet or computer. Our website is 100% online and compatible with all devices. So, why not give it a try?

Ready to dive into an application? Scroll up to Monzi’s loan slider at the top of the page. Or, just hit the “Apply Now” button. We can’t wait to hear from you.

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Factor In Costs

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.