Quick Easy Loans Online From $300 To $10,000

Quick easy loans for when you need finance fast. Cash loans from $300 to $10,000. Monzi may be able to pair you with a lender in just 60 minutes. Easy applications. No paperwork. Apply today.

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.

Quick easy loans explained

Quick easy loans could provide an accessible option if you think a cash loan is the right choice for you. However, in order to totally explain, it’s worth breaking the topic down.

Firstly, quick money loans refer to loans where you receive an outcome ASAP. While we cannot say exactly how long it will take given that times vary, if you apply during business hours then you may receive an outcome before you know.

When it comes to easy approval loans, this refers to scenarios in which lenders may offer credit with criteria that aren’t quite as strict as other lenders. With this, they are potentially an option for borrowers with circumstances that aren’t perfect (e.g. bad credit). However, you will still need to prove that you can repay the money you borrow.

As a result, when you bring the two concepts, you’re left with quick easy loans. A fast credit option that may be available for a range of borrowers.

Introducing Monzi

Hi, we’re Monzi, we’re one of Australia’s leading lender-finder services. In short, we match everyday Aussie borrowers just like you with a range of high-quality online credit providers.

With Monzi, all it takes is one easy application. From there, our automated system will take over. We’ll scan our network of lenders to try and find one that is available and willing to assess your application. If we are successful in our search then we’ll be in touch to let you know the good news.

As a result, Monzi could be a simple and convenient option when you’re looking to find lenders offering cash loans online. Best of all, you can potentially borrow amounts from $300 to $10,000 with a range of repayment terms available too.

Apply today.

Quick easy loans: all shapes and sizes

At Monzi, we work with lenders offering loans from as little as $300 all the way up to the hefty sum of $10,000. With such a broad range of products, lenders typically divide personal loans into three categories: small, medium and large.

See the table below for key features of each loan type:

Loan typeFeatures
Small loansUnsecured cash loans from $300 to $2,000. Repaid over 12 months.
Medium loansSecured loans from $2,100 to $4,600. 13 to 24 month repayment terms.
Large loans$5,000 to $10,000 secured personal loans. Repaid over 13 to 24 months.

Can I get quick easy loans with bad credit?

These days, lenders who are willing to consider bad credit applicants are becoming more prevalent. While some may be lenders offering loans with easy approval, others are simply open to offering to potentially bad credit loans. In short, it’s about a change in philosophy.

While in the past, a poor credit history made your application untouchable, things have changed. Even though they will look at your credit history, they’ll assess your current financial situation too.

As a result, if you’re in a comfortable financial position then you may be approved for a quick loan for bad credit even with a few mistakes in your past. Although, your lender will only offer these loans at their discretion.

Will a credit check be completed on my application?

Yes, almost certainly.

For lenders, credit checks are an important assessment tool that they will use to assess your creditworthiness. That is, how likely are you to make your repayments? As a result, a credit check will be included in almost all assessments.

Having said this, cash loans no credit check may be offered by a small minority of lenders. Unfortunately, Monzi cannot guarantee if you will be offered one of these loans or if they will be available.

In any case, even if a credit check is conducted, keep in mind that it’s not the only consideration. As mentioned, lenders look at your finances too. As a result, a poor credit history isn’t necessarily the be-all and end-all of your application.

Will all lenders offer no credit check loans?

No.

While loans with no credit check may be available in some rare cases, most lenders will not offer these credit products. As a result, their availability may depend on the individual assessment policies of the lender that you are dealing with. Moreover, Monzi can never guarantee if you will be offered a quick cash loan with no credit check.

Can I get quick easy loans on Centrelink?

Yes, potentially.

At Monzi, we know a handful of lenders who may offer loans for people on Centrelink. Having said this, it’s worth noting that not all lenders will view benefit payments the same.

While some may consider them a legitimate source of income, others will not. Moreover, certain benefit payment categories may be viewed differently too. As a result, availability of these loans may vary based on the lender that you are dealing with.

In addition to this, keep in mind that approval is not certain. While some lenders may consider Centrelink applicants, they will still assess your application in order to determine if you should be offered a loan.

What about if I’m unemployed?

As with loans on Centrelink, it may also be possible to access credit if you are unemployed.

However, in order for this to be possible, you must show that you are earning some form of consistent income. While this may not be a wage, as we’ve just mentioned, Centrelink payments may be accepted by some lenders. In addition to this, rent payments that you receive from an asset could count too.

Without income, your application will be denied. Even with income, approval is not certain. While lenders may offer these products, this is not guaranteed. Moreover, they always retain the right to approve or deny applications where they see fit.

Quick payday loans instant approval

Payday cash loans are a form of small unsecured cash loans that are available up to $2,000. With 12 month repayment terms, they’re a short-term loan commitment that can get you the cash you need today.

In addition to this, payday loans are typically about speed. These lenders will work fast to provide you with an outcome ASAP.

However, keep in mind that they are repaid in only 12 months. While that will mean that you are out of debt soon, you must still ensure that the repayments are affordable for your circumstances before applying.

Quick easy loans in an emergency

When you need emergency cash, Monzi might be there for you.

In short, using our loan slider, you can apply for a loan whenever you need it. From there, we’ll do what we can to pair you with a lender who can potentially offer you the cash you need in a hurry. As a result, you might be able to cover those urgent expenses that just can’t wait.

However, remember that all loans are subject to an assessment. As a result, in some cases, you may need to wait until the following business day to receive your emergency cash loans. In addition to this, applications received outside of standard hours often encounter delays.

Can I apply for quick easy loans with Monzi?

If you’re keen to apply with Monzi then that’s wonderful to hear. However, before you begin your application, it’s important to ensure that you are eligible.

So, before you do anything, just confirm that you check these four boxes:

  • 18 years of age or older
  • Australian citizen or permanent resident
  • Have an active email address and mobile number
  • Have an online bank account with at least three months of history

How do I apply?

Now that you’re eligible, it’s time to move onto applying. At Monzi, we’ve tried to make it easy for you. If everything goes to plan, you could have your loan application completed in just a few minutes. That means that you can get on with your day sooner.

So, when you’re ready to apply, all you need to do is:

  1. Choose your loan amount and repayment term (if applicable).
  2. Fill-out our online application form and submit it.
  3. Relax while our automated system attempts to pair you with an available lender willing to assess your application.
  4. We’ll let you know the result of our search. If we’re able to match you with a lender then they will contact you to begin the assessment process.

Note that at Monzi, we aim to have you paired with a lender in just 60 minutes. However, applications received outside of standard business hours may encounter delays.

What information do I need to provide?

Lenders require a number of personal and financial details in order to assess your application. Based on the information that you provide, they will analyse your financial situation in order to determine if you should be offered a cash loan today.

So, before you begin, make sure that you can supply the following:

  • Personal information (e.g. name, address, contact number).
  • Online banking details (we use this to access read-only copies of your bank statements).
  • Proof of employment
  • An estimate of your current expenses.
  • The amount you wish to borrow and your reason for applying.
  • Centrelink payment details.
  • Any other relevant information.

Note that failure to provide any of these details may result in delayed outcomes or your application being denied.

man-searching-quick-easy-loans

Will quick easy loans hurt my credit score?

Quick easy loans can affect your credit score. However, we cannot say whether the effect will be positive or negative given that it will likely come down to how you manage your quick credit.

Having said this, in the short-term, your credit score may take a slight hit. When you apply, a hard credit inquiry will be conducted which will be listed on your credit report. In addition to this, opening a new credit account will lower your average age of credit. These two factors may result in a slight drop initially.

In the long-run though, it’s up to you. If you make repayments on time then you could see improvements as you develop a strong repayment history. However, if you default or miss repayments then it’s highly likely that your credit score will drop.

How can I find quick easy loans online approval?

Want to know an easy and convenient way to find loans online? Apply with Monzi.

Our simple lender-finder service takes away the hassle. Rather than spending your day researching lenders, just submit one application. From there, we’ll do what we can to pair you with an available lender from our network. Simple, right?

Best of all, our lenders may offer online cash loans up to $10,000. So there’s potentially a loan to suit any cash need. Just scroll up and use the loan slider at the top of the page to begin your application today.

Instant approval loans need cash today

Instant approval loans sound great, right? Apply and receive an outcome the second you hit submit. Unfortunately, that’s not quite what will occur.

In short, instant loans aren’t a promise. Instead, they simply refer to loans where you receive an outcome so quickly that it feels no time has passed.

In reality, when you apply, your application must undergo an assessment and lenders will need to check and confirm a number of details before they can provide you with an outcome. As a result, there will always be some processing time involved.

Having said this, lenders offering cash loans instantly will do what they can contact you with an outcome ASAP. If approved, you could potentially receive your cash before you know it.

Quick easy loans and responsible lending

As we mentioned, all loan applications will involve some processing time due to the fact that they must be assessed. But why is this the case?

In short, it’s a regulatory requirement. In Australia, lenders are bound by strict laws that govern their activities and protect borrowers.

With this, one of the key requirements is that they must not offer credit that is unsuitable for a borrower’s needs and situation. In order to determine this, an assessment is necessary.

In short, lenders will make inquiries into your financial situation and take steps to verify this information in order to determine what could be affordable for you. Based on these findings, they can then provide you with an outcome. This is essentially the structure of all loan assessments and the reason that truly instant loans aren’t quite possible.

For more details, visit the ASIC website for a more comprehensive explanation.

Can I get quick easy loans on the weekend?

Yes, it may be possible to access cash loans on the weekend.

At Monzi, we’ve made our website live 24/7 so that you can apply whenever you need. This includes weekends. From there, we’ll do what we can to pair you with an available lender who can potentially offer the cash you need now.

However, keep in mind that weekend loan applications often experience delays. While we may be able to pair you with a credit provider, lenders often do not process applications during these times. As a result, you may need to wait until the following business day to receive an outcome.

Quick loans online same day

With quick outcomes, it may be possible to access quick easy same day loans. However, it’s important to understand that these loans won’t always be possible.

In any case, if you’re looking to access same day cash then you must apply during standard business hours. In addition to this, make sure that you complete your application thoroughly and provide all the necessary details. If you do these two things then you could receive an outcome before you know it.

At that point, if your application is approved, your cash will be transferred to you. Access will then be determined by the associated bank transfer times.

So, while you may receive same day approval, you may not always receive your cash on the day that you apply. After all, there are a number of steps that must be completed beforehand. As a result, it’s always a good idea to anticipate a waiting time of up to one business day.

What should I think about before applying for quick easy loans?

While easy quick loans can potentially help you cover a cash shortfall today, there are a number of things that are worth considering before you apply.

First and foremost, always think about the costs. Loans come with interest rates and fees meaning that you will always repay more than what you borrow. To get an idea of your total loan costs, use a personal calculator online. Not only will they be able to provide you with repayment estimates but they can outline your approximate total costs as well.

In addition to this, you must consider your financial situation. While borrowing a large sum may seem like a handy option today, always consider how the repayments would fit your budget. Moreover, assess your expenses to determine if there is a way that you could reduce the amount that you must borrow.

Can I get a $500 loan with bad credit?

Yes.

At Monzi, we work with a number of lenders who may be willing to extend credit to applicants with poor history. As we’ve already mentioned, it’s all about a different approach.

By looking beyond your credit to consider your income and expenses too, lenders can get a more realistic picture of your current financial situation. As a result, if you are in a secure position you may be offered a $500 unsecured bad credit loan.

However, keep in mind that approval and availability of these loans will be at each lender’s discretion.

How can I get a loan with no income?

In short, you can’t.

If you apply for a loan but do not receive a regular and consistent income then you will be ineligible for credit and your application will not be approved.

Realistically, this is easy to understand. If a lender is going to allow you to borrow money then they will want to ensure that you will repay it. Without income, there is a high likelihood that you will lack the capacity to do this. As a result, it’s simply non-negotiable if you are looking to borrow money.

Quick easy car loans

With new car finance, you can borrow the money you need to purchase a new set of wheels today. At Monzi, we work with lenders who may offer personal loans that you may use to purchase a car from $300 to $10,000. Best of all, you can potentially repay it over a manageable repayment period ranging from 12 to 24 months.

So, need a new vehicle? Get started with Monzi today. With easy online applications and fast outcomes, we can potentially have you matched with a lender offering the new or used car loans that you need before you know it.

Finally, for further car loan information, check out Monzi’s guide to refinancing your car loan.

Can I get a personal loan with a 550 credit score?

Yes, a credit score of 550 may be sufficient to get a loan. However, remember that your credit score alone will not be enough to ensure approval. To make this clearer, it helps to consider a scenario of two borrowers with identical credit scores.

The first borrower has a 550 credit score, is employed and earns a consistent income. With his budget under control, he is approved for a small cash loan of $1,000.

On the other hand, the second borrower has the same credit score. However, they are unemployed and are not receiving income at all. As a result, their application for a quick easy loan is denied.

Given this, while a 550 credit score may be high enough to meet most lenders requirements, assessments go beyond this meaning it alone will not ensure approval of your application.

What do lenders assess?

In simple terms, lenders are looking to determine the likelihood that you will repay your quick easy loan. After all, at the end of the day, if they are going to trust you to borrow money, they want to be sure that you will make your repayments.

So, as a guide, lenders will typically assess the following:

  • Your creditworthiness: based on your credit report and repayment history, lenders can assess your reliability as a borrower. That is, how likely are you to make your repayments?
  • Your financial situation: lenders will look at your bank statements in order to get an idea of your budget. By assessing the balance between your income and expenses, they may be able to determine whether or not a quick approval loan is suitable for your circumstances.
  • The loan: how much are you looking to borrow and what’s the repayment term? Lenders can compare this information to your budget in order to determine whether or not the repayments would be affordable for.

Why was my application denied?

In short, Monzi cannot say. We are a lender-finder service only and are not involved in your assessment.

Having said this, if your application was denied then, in most cases, it means that you failed to meet one of the necessary criteria or thresholds (e.g. insufficient income). For a clear answer, contact your lender directly and they may be able to provide you with the exact reason.

Finally, keep in mind that even if your application was unsuccessful today, you are welcome to apply for easy online finance with Monzi again in the future. Just ensure that you’re in a more secure financial position before doing so.

Making your repayments

If you agree to a loan with one of Monzi’s many lenders then making your repayments couldn’t be simpler. All you need to do is set up a direct-debit from your account and they’ll be automatic. You won’t have to lift a finger. Just make sure there’s always enough cash in your account.

In addition to this, keep in mind that you will have the option to select either weekly, fortnightly or monthly repayments. So, aim to select the one that works the best for your circumstances. A handy option could be to align your repayments with your income (e.g. select weekly if you are paid weekly). However, it’s totally up to you.

Any questions?

If you’ve got questions then don’t be afraid to get in contact. At Monzi, we’re regular Aussies just like you. As a result, we understand that it’s natural to have questions or concerns.

So, just email us at hello@monzi.com.au or submit a contact form via our easy-to-use website. Once we receive your message, one of our wonderful customer service team members will try to get back to you with a prompt and thorough response.

However, keep in mind that Monzi can only answer questions about our organisation. As a result, if you have questions that relate to the availability of certain loan products (e.g. quick easy loans) or loans that you’ve taken out, contact your lender directly. Monzi cannot speak on another organisation’s behalf meaning we will be unable to answer your questions.

Apply today

Are you looking for a quick and easy way to find lenders online? Think Monzi’s the right organisation for you?

Apply for quick easy loans today. Use the loan slider at the top of the page to begin your application now. Let’s go.

Factor In

Costs

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

Terms

12 months

Costs

20% upfront establishment fee

+ 4% monthly fee

Example

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

Terms

13 months

24 months

Costs

48% annual percantage rate

67.41% comparison rate p.a.

Example

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

Terms

13 months

24 months

Costs

21.24% annual percantage rate

48% comparison rate p.a.

Example

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.