Apply For Quick Loans Online Through Monzi

Quick loans online may be a convenient option if you have an urgent expense you need to cover. It can, however, feel difficult to know where to look. Luckily, Monzi’s lender-finder may be able to pair you with a potential credit provider in no time. Looking for quick cash online of up to $10,000? Get started today.

Quick loans online – what’s it all about?

Quick loans online are essentially what it says on the tin. In other words, they are personal loans that can be applied for online and processed quickly. Moreover, consumers may be able to access their quick cash the same day they apply.

Due to their speed and convenience, quick online cash loans may be popular among borrowers looking to cover an emergency or urgent cost.

These fast cash loans come in all shapes and sizes. The below table includes some of the more common examples:

Quick loans online AustraliaQuick easy loans online
Cash loans onlineInstant cash loans online
Quick loans online same dayQuick loans online bad credit
Online payday loans AustraliaQuick online cash loans no credit check

Please note, the examples in the table above may not reflect the actual loan you may be offered.

Monzi: a service for Aussies

Hi, we’re Monzi. One of Australia’s leading lender-finder services.

In short, we match everyday Aussie borrowers with a range of trusted credit providers. All you need to do is submit one simple application through our website. It’s so easy you might have it completed in just a few minutes.

From there, our automated system will set about trying to find you a lender who can offer the quick approval loans that you need. Best of all, you can potentially borrow amounts ranging from $300 to $10,000 with a range of flexible repayment terms on offer too.

Does this sound like a service you need?

Use Monzi’s loan slider at the top of the page to apply today.

How can I make $100 fast without quick loans online?

It may surprise consumers how much extra cash they can make without taking out a loan. Especially these days, there are so many opportunities to make quick cash.

A few of our favourite ways to get quick cash are listed below.

Search your home and car

How many times have you lost a note or a few coins in your home? They must have gone somewhere, right?

A few nights out here, some leftover coins from the takeaway there, and you may find yourself sitting on a, albeit small, goldmine.

Here are some popular spots where money loves to go missing:

  • Behind the couch or between cushions
  • Underneath car seats or in the glovebox
  • Jacket and pants pockets
  • In the washing
  • Under your bed

Recycle for cash

You may be able to recycle glass bottles and cans for cash in certain states in Australia. Therefore, if you have a bunch of old tins sitting in your recycling, why not make a few dollars out of it?

Alternatively, go for a walk around your neighbourhood and pick up any glass or tins you find. Not only will you be helping the environment, but you may be able to make a few extra bucks on the side. Not bad right?

Jump online and see if there are any container recycling schemes near you.

Join Airtasker

Airtasker is a platform that quickly allows users to sign up and make cash. Once you sign up to Airtasker, you will see listings for jobs in your local area. Often, these are tasks that people simply do not have the time to do themselves.

Therefore, if you own a lawnmower and ute, or you’re a whiz at setting up flat-pack furniture, you could easily make some fast money in your local area.

One of our favourite tactics is to offer a post-party cleaning service. All you need to do is get some gloves, cleaning equipment and a spare couple of hours.

Sell things online

If you’re anything like us, your house is full of unwanted and disused items. Luckily, with platforms like Facebook Marketplace and Gumtree, it has never been easier to sell your old things online.

In short, all you need to do is:

  • Take a photo of the item you’re looking to sell.
  • Upload the photo to the platform and provide a description.
  • Wait for the offers to roll on in.

Understandably, consumers may need the money more urgently than what the above options can afford. As a result, you may need to consider looking for fast credit online. Luckily, Monzi’s lender-finder service may be able to point you in the right direction.

Quick loans online for Centrelink customers

At Monzi, we know a few lenders who may offer fast credit for Centrelink customers. However, be aware that not all lenders will. As a result, approval may depend on the lender that you are dealing with.

In addition to this, keep in mind that lenders may treat benefit payments differently. For some, they will be considered a legitimate source of income. However, other lenders may not share the same views. Moreover, certain payment types may be viewed differently too.

So, while Centrelink loans may be available, approval is not certain.

Quick cash loans in as little as one hour?

A quick loan in just one hours seems like the perfect fast cash injection when you find yourself needing to cover an immediate expense.

Unfortunately, Monzi cannot guarantee if the lender you are paired with will be able to offer you a loan within an hour. All lenders have their unique assessment policies and procedures. As a result, processing times do vary significantly.

What we can say though is that if you apply with Monzi, we may be able to pair you with an available lender from our network in just 60 minutes. At that point, they will be in touch and will endeavour to provide you with an outcome ASAP.

What expenses can I cover with quick loans online?

The best thing about online loans is that you can use them to cover most personal expenses that you encounter. That’s right! There are almost no limits. All you need to do is provide the exact reason when you apply.

As a warning, do not lie about your reason for applying. If a lender discovers that you have been dishonest then your application will be denied. Moreover, you may find it extremely difficult to access credit again in the near future.

In any case, some of the more common reasons for applying with Monzi include:

Quick loans online: are they secured or unsecured?

In short, they can be both!

It will simply come down to the amount that you apply for.

On the one hand, if you apply for a loan of less than $2,000 then this will be an unsecured cash loan. As a result, there won’t be any need to provide an asset as security.

On the other hand, if you’re applying for a medium or large loan of more than $2,000 then you must guarantee the loan with one of your assets. For example, you could use your car, boat or caravan.

Keep in mind that if you do apply for a secured loan then you must before that you can meet your required repayments. After all, if you default, your lender can potentially take steps to repossess your vehicle and sell it in order to recover their losses.

Quick easy loans online through Monzi

Has life thrown you some lemons? Are you trying to make lemonade? Well, if you need instant online cash to pay for the juicer, consider Monzi.

Our lender-finder service may be able to pair you with a credit provider in no time. See, we’ve been in the lender-finding game for a while now. Over this time, we’ve built up a strong network of trusted credit providers. Moreover, our lenders could potentially offer quick loans online of up to $10,000!

Easy application process

The first thing you’ll notice about Monzi is how simple it is to apply for easy loans; this is no coincidence.

In short, we’ve designed our application process to be as simple and as streamlined as possible. After all, if you’re looking for quick online approval, chances are you want a lender that actually moves quickly.

So, when you lodge an application on our website, you can be sure it’ll be:

  • Easy
  • Quick
  • 100% online
  • Paperwork free

Do I qualify for Monzi?

Just make sure you meet the below eligibility requirements before applying:

  • Need to be at least 18 years old.
  • An Australian Citizen or Permanent Resident.
  • Have a personal mobile number and email contact.
  • Need to have earned money into a personal bank account for the past 90 days.

How do I apply for quick loans online?

As we mentioned above, Monzi’s lender-finder service is straightforward and easy to use. In fact, you could be paired with a potential lender offering quick money loans in three easy steps. Here’s how it all goes down.

Step one

Get started by, obviously, heading to our website. Next, select the amount and repayment terms you would like to apply for in the loan slider.

Pay attention to the estimates of what your weekly, fortnightly and monthly repayments may look like. Keep in mind, however, this is just a guide; the actual cost of your loan may vary.

Finally, once you are happy with your selection, click Apply Now.

Step two

Applicants are now taken to the submission form. We only ask for essential details, so you should be able to complete this in a jiffy.

Moreover, our smart automated system can digitally access a lot of the information we need. Therefore, our application process is generally 100% online and paperwork free. Gone are the days of needing to ask ‘where’s the best loan agency near me?’

Once you fill in everything we need, submit your application.

Step three

Now it’s our turn to get to work. We’ll start trying to pair you with a lender after you submit your application. Depending on when you apply, we could potentially provide an outcome within 60 minutes. This is, however, only during regular business hours.

If we pair you with a lender, they’ll assess your application and get in contact if they can make an offer. Make sure you check what they offer, as it may not be exactly what you applied for on Monzi’s website.

Finally, the lender sends through a digital loan contract, contingent on approval. Lenders transfer funds after you approve your contract.

Quick loans online racing fast brown dog

Will I receive quick loans online same day?

It is absolutely possible to access same day loans. However, there are too many variables at play for Monzi to guarantee it will happen.

Moreover, your access to same day cash may be affected by:

  • Weekend transfers. Certain lenders may be able to offer weekend loans, but this is by no means a blanket rule. Therefore, if you approve your contract over the weekend, you may not receive your funds until the next business day.
  • Banking rounds. Lenders may have rounds of banking throughout the day when they process loans. Often, the final round of banking will be towards the end of the day. As a result, if you approve your contract after the final round of banking, you may not receive funds until the following business day.
  • Inter-bank transfer times. Transfers between certain banks will be quicker than others. Therefore, who you bank with may affect how quickly you’ll see your funds.
  • Stalled applications. Lenders may need to pause assessing your application if they need to chase you up for additional information. As a result, always aim to provide all relevant information the first time you apply. For example, include vehicle details for secured loans, or your myGov details if you receive Centrelink.

Can I apply if I have bad credit?

Of course! Unlike other, more traditional lending institutions, Monzi works with credit providers that may offer same day loans for bad credit.

In other words, we work with lenders that live in the real world; they understand that a few bad credit listings in the past are not a true reflection of the borrower you are today.

Specifically, instead of focussing on your credit history, lenders will assess your bad credit cash loan application by:

  • Your income
  • Expenses
  • Banking history

What are the best online loans for bad credit?

It depends on what you mean by best. In short, different borrowers may value certain aspects of a loan over others. Therefore, it is important to weigh up what is important to you as a borrower.

For example, you may want to consider the following when applying for instant cash loans online:

  • Interest rate. Obviously, the interest rate charged on your loan will have a big impact on how much you’ll repay.
  • Fees and charges. Always check what fees are charged on the loan product. Specifically, consider upfront charges like establishment fees, as well as ongoing charges, like a monthly fee. Remember to consider the comparison rate to figure out the true cost of the loan.
  • Repayment terms. Depending on the lender, as well as the loan product you take out, your repayment terms could range from several months to years. In addition, check whether you can choose a weekly, fortnightly or monthly repayment schedule.

What’s the easiest way to find quick loans online?

While we cannot say if it is the easiest, applying with Monzi sure is one convenient option that you could try.

In short, our lender-finder service makes it simple for Aussie borrowers to access a vast network of licenced and trusted credit providers. Best of all, you can potentially access fast cash loans up to $10,000 and all you need to do is submit one simple application.

So, while you could spend your day trying to find a lender that works for you. Why bother? Just let us do our job. Before you know it, you could have a lender and if approved, you might have your cash before you know it.

Can I access quick loans online from anywhere?


Monzi’s lender-finder service is a 100% online service. That means that no matter which corner of Australia that you inhabit, our service is available to you. All you need to do is ensure that you meet our four eligibility criteria listed earlier.

As a result, you can apply from anywhere you like. Whether you’re in the city or the bush. At home or on the train, it doesn’t matter with Monzi.

Access cash loans in a hurry from $300 to $10,000 today. Just use our loan slider at the top of the page to begin your application now.

Can I apply for quick loans online no credit checks?

While Monzi, as the lender-finder, will not credit check your application, the lender you’re paired with might not offer quick cash loans with no credit check. Instead, they will conduct a credit check as part of your loan assessment.

Keep in mind, a credit check may be part of a lender’s assessment procedures. Moreover, Monzi cannot speak to the policies of separate companies. In short, a credit check may occur on your application.

While lenders may conduct a credit check, they will often be able to focus on other aspects of your application. Specifically, lenders will aim to assess your current relationship with money by accessing read-only copies of the last three months of your bank statements. This means that rather than applying for no credit check loans, a bad credit loan may be an alternative.

Can you find payday lenders online?

While there are many payday lenders advertised online, Monzi may not be able to pair you with one. Instead, Monzi will try and match you with a lender potentially offering quick personal loans online.

Payday loans 24/7 are often only available for small amounts of $2,000 and under. In addition, many payday lenders may offer short repayment periods of as little as four weeks.

How can I get a small loan fast?

Do you need a little bit of extra cash to help you through a financial storm? You could consider applying for a small personal loan. Here’s how you can do it:

  • Head to our website and select any loan amount of $2,000 or under.
  • These loans are unsecured, so you will not need to nominate one of your assets as security.
  • If your application is approved, lenders will send through a loan contract.
  • Read through your contract thoroughly and only approve it if you are happy with all aspects of your loan.
  • Lenders transfer funds once you approve the contract. Access to funds is dependent on inter-bank transfer times.

Comparison rates explained

Comparison rates are a great tool for consumers trying to compare different loan products. In short, comparison rates help you work out the true cost of a loan.

These rates are calculated by reducing the loan’s interest rate, plus most of the fees and charges down to a single percentage figure.

Here’s an example of how comparison rates are calculated.

Personal loan

  • Interest rate = 9%
  • Fees and charges = 0.5%
  • Comparison rate = 9.5%

While comparison rates are indeed an incredibly useful tool, they may not be the only thing to consider. For example, comparison rates may not include certain fees and charges, and as a result, may not be an accurate reflection of the loan costs.

In addition, there may be other loan features that are important to you. For example, having flexible repayment terms, or the ability to re-draw on top of your loan may be worth considering.

Can I apply for fast cash for unemployed?

Yes, however, you will need to show you are earning a consistent income.

If you are unemployed, this may typically come in the form of Centrelink payments. Although, individual lenders may have their own rules around the type of benefit they can accept, and potentially guidelines around what percentage of your income they make up.

Therefore, Monzi may be able to match you with a credit provider possibly offering fast cash loans for Centrelink customers.

Quick online loans no paperwork

When you apply, you’ll notice we ask you to provide your internet banking details. Don’t stress – this isn’t some elaborate ploy to steal your information; quite the opposite, actually.

When you provide your banking logins, our system can digitally access the last three months of your bank statements. By doing this, lenders can quickly get a confirmation on your regular income, expenses, and how you handle other commitments.

Moreover, lenders can get a feel for you and your current financial situation. Therefore, they can stress less about your credit history.

Oh, and the security question? Let’s assuage your concerns; Monzi has employed both internet-security providers McAfee and Comodo to ensure your information is always kept safe, secure and encrypted. In other words, there is no cause for concern.

Where can I get a $100 loan online?

Some lenders may offer micro loans for as little as $100. However, at Monzi, we are unable to connect you with lenders who may do so.

This is because our lenders will only offer loans ranging from $300 to $10,000. As a result, if you are looking to borrow more or less then you will need to do your own research.

On the larger end of the scale, the most common source of personal loans over $10,000 will be banks. For loans under $300, options may be limited.

Can I get a loan with a 450 credit score?


If you’ve got a credit score of 450 then it’s certainly possible to access credit. However, your credit score alone won’t be enough to ensure that your application will be approved. You must still prove that you are earning sufficient income and are in a secure financial position.

In addition to this, keep in mind that some lenders may impose a minimum credit score requirement. While 450 may be above this, if your score were to drop lower then you may find it difficult to receive approval. However, exact credit score requirements will vary from lender to lender.

How much can I borrow with a 650 credit score?

Through Monzi, you can apply for cash loans up to $10,000. This is true for all borrowers regardless of your credit score. However, remember that approval is not certain and in some cases, lenders may limit the amount you can borrow based on the findings of their assessment.

In saying this, if you do have a 650 credit score and wish to borrow more than $10,000, then that’s okay. Unfortunately though, Monzi will be unable to help you in the search. You will need to do your own research to find lenders willing to offer these large personal loans. As a handy tip, your best bet may be to approach a bank.

How can I raise my credit score instantly?

Worried that your credit score won’t be high enough to access credit? You’ll probably be trying to improve your credit score.

Unfortunately, what you will find is that there are no quick-fixes. While certain organisations may promise that they can fix your credit score, they cannot.

The only true way to see improvements is to implement effective borrowing habits and credit behaviours and then maintain them over time. If you do this, you will gradually see improvements as your past credit mistakes are slowly replaced.

Strategies to do this include:

  • Don’t rely on credit unless you need to.
  • Pay your bills and debt obligations on time.
  • Keep your credit card balances low.
  • Find the lowest rates before opening a new credit account.
  • Regularly check your credit report to ensure that there are no incorrect listings.

How can I get a loan instantly?

While nothing happens truly instantly, lenders may be able to offer instant cash loans that are processed so quickly, they’re the next best thing.

In short, fast cash lenders will aim to assess your application as quickly as they can. If the application is approved, these lenders will aim to process the funds ASAP. Depending on the lender, you may receive your fast cash loan the same day you apply.

Banks loans vs quick online loans: which is better?

In short, it’s totally up to you whether you apply for a loan through a bank or through a lender. While many banks are seen as trusted financial institutions, they may not be able to offer the hassle-free service provided by many online credit providers. As a result, it’s up to you to determine which you prefer.

As a handy tip, compare the products available to help inform your decision. Compare lenders and banks on the loan amounts and repayment terms they offer as well as interest rates and associated costs. From there, you can determine which option is most cost-effective and suitable for your budget.

If you opt to apply for quick loans online, then consider Monzi. Through our lender-finder service, we can potentially have you paired with an available lender in just 60 minutes. It’s as easy as can be.

What is the easiest online loan to get?

Lenders do vary in their exact requirement. As a result, some lenders may offer fast and easy loans with criteria that aren’t as strict as those imposed by other lenders. As a result, they may be a credit option for borrowers with bad credit among other things.

However, as always, approval is not certain. Moreover, all applications are subject to an assessment so while certain criteria may be more relaxed, there will still be a number of thresholds and requirements that you must meet. Most notably, lenders must still be sure that you can comfortably afford your loan without compromising your ability to cover your day to day expenses.

What quick loans online can Monzi find me?

Technically, we don’t find you loans, we find you a lender. However, our network of lenders may be able to offer the following three categories of loans:

Small personal loans of $300 to $2,000. These loans are unsecured and may have a repayment period of 12 months.

Medium amount loans range from $2,100 and $4,600 and are secured. Therefore, you will need to own a car, motorbike, caravan or boat, and be willing to use it as collateral. In addition, the repayment terms may range from 13 to 24 months.

Large personal loans are between $5,000 to $10,000. And, just like medium loans, are secured and have repayment terms of 13 to 24 months. Moreover, you may be eligible for even larger loans of up to $30,000 if you meet certain criteria.

Finally, be aware repayment terms may vary depending on the lender you’re paired with.

What will the cost of my loan be?

As the lender-finder, we cannot really shed any light on how much your loan will cost. After all, lenders may all vary in what they charge, and we cannot speak on their behalf.

What we can say, however, is your regular repayments may be composed of:

  • The principal amount
  • Interest
  • Upfront fees
  • Ongoing fees
  • Any penalty fees if applicable

What do lenders consider when assessing applications for quick loans online?

At the end of the day, lenders are looking to assess whether or not your loan will suit your circumstances. Moreover, they will also aim to ensure that any money that they lend, will be repaid.

Given this, lenders will usually assess the following:

  • Your creditworthiness: by looking at your credit report, lenders can get an idea of whether or not you are a reliable borrower. Generally speaking, lenders prefer borrowers with a consistent track record of making repayments on-time. After all, they want to be sure that any money you borrow, will be returned.
  • Your budget: what’s your income and what are your day-to-day expenses? Do you have any outstanding debts? Lenders look at your financial situation to determine your capacity to make repayments.
  • The loan that you’ve applied: lenders can compare your loan amount and repayment term with your budget to get an idea of how the repayments might fit.

Experiencing hardship?

If your repayments are causing you undue hardship, you can call the Financial Counsellors hotline on 1800 007 007. Open between 9:30 am to 4 pm Monday to Friday, consumers can access free and professional financial counsel.

In addition, you may be eligible to apply for financial hardship with your lender. You will first need to get in contact with your lender and supply evidence of hardship. This could be bank statements showing a reduction in income, or a medical certificate if you were badly injured and can no longer work.

If your lender approves your hardship application, you’ll be offered an alternative repayment plan.

Contact Monzi

Have questions about Monzi? Don’t hesitate to get in touch. We’re open, honest and will always do our best to answer any questions that you might have.

So, reach out and email us at From there, our customer service team will do what they can to get back to you with a prompt and thorough response.

Although, keep in mind that we can only answer questions about Monzi and our lender-finder service. In other words, contact your lender for questions specific to loans that you’ve taken out.

Ready to apply?

Let’s go!

All applications take place online.

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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.