Weekend Payday Loans No Credit Check? Find Out More

Weekend payday loans no credit check may seem like an ideal way to cover an unforeseen expense. Did you know, however, that are potentially other options available to you? Specifically, you could apply for a personal loan of $300 to $10,000 through Monzi.

Disclaimer: Monzi cannot guarantee whether or not the lender you are paired with will conduct a credit check. A credit check may or may not be part of a lender’s assessment policy. Monzi has no control over the assessment of applications.

Monzi is a lender-finding service. We do not offer financial advice. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

What are weekend payday loans no credit check Australia?

In short, borrowers will be able to access these small unsecured loans over the weekend. In addition, these lenders will not base their assessment on your credit history, focussing instead on your current relationship with money.

We have included some examples of weekend payday loans in the table below:

Weekend payday loans no credit checkWeekend payday loans no credit check Australia
Payday loans weekend payout AustraliaWeekend cash loans Australia
No credit check instant payday loansWeekend loans online Australia

Keep in mind, Monzi may not be able to match you with a lender offering weekend payday loans no credit check. Instead, we’ll aim to pair you with a credit provider offering personal loans from $300 to $10,000. Finally, we cannot guarantee whether or not a credit check will happen.

What are payday loans exactly?

In general, a payday loan refers to an unsecured loan of $2,000 and under. Moreover, payday loans can often be applied for 100% online, and potentially accessed the same day. In addition, payday loans can often have repayment terms as short as four weeks.

Traditionally, payday loans were designed to cover a borrower until their next paycheque, hence the name.

Finally, payday loans are usually repaid either through:

  • A direct debit from the borrower’s bank account.
  • A deduction of the borrower’s pay.

How do no credit check loans work?

Lenders will often consider your credit history when you apply for many forms of credit. A no credit check loan, on the other hand, works slightly differently. Here’s what you can expect if you apply for a loan without a credit check:

  1. The lender will not request access to your credit report.
  2. Credit file will still record the loan details.
  3. Lenders will consider the last 90 days of your banking history.
  4. Lenders will also need to confirm you are earning a regular and consistent income.

These loans are, as a result, popular among borrowers with poor credit history. Specifically, borrowers with a poor credit score may feel they cannot secure finance any other way. As we will explore later, however, this is not always necessarily true.

What are weekend loans?

Weekend loans are, as the name suggests, loans that can be accessed over the weekend. Keep in mind, however, weekend transfers may not be as common as you think.

Generally, most lenders will not be able to process funds over the weekend. This is because credit providers will often be unable to process funds outside of their normal business hours. Therefore, approving your contract outside of your lender’s normal operating hours may result in your funds only being transferred the next business day.

Can you get a payday loan over the weekend?

You may be able to get cash in your account on Saturday or Sunday with weekend payday loans. However, this is never guaranteed, and it may not be through a payday lender.

Most lenders will not be able to process funds over the weekend, therefore if you have applied on Saturday, your funds may not be available until the following business day. However, this does not mean getting cash over the weekends is impossible.

In short, there may be select lenders able to process your funds over the weekend. Despite this, Monzi cannot guarantee you will be paired with one of them.

Can Monzi find me weekend loans?

There are indeed certain lenders within our network that may be able to process your funds over the weekend. However, we have no way of guaranteeing that you will be matched with these particular credit providers.

As a result, if you need your funds over the weekend, it may be prudent to lodge an application before well the weekend. Then, ideally, you can be approved for a loan and your funds transferred before the weekend.

Can Monzi find me weekend payday loans no credit check?

As we mentioned above, Monzi may not be able to match you with a payday lender. This is because we always aim to first pair our clients with lenders potentially offering personal loans.

In addition, we have no way of guaranteeing a credit check will happen on your application. This is because performing a credit check is at the individual lender’s discretion. Moreover, as each lender is completely separate to Monzi, we cannot speak on their behalf.

Finally, there are certain lenders within our network that can process your loan over the weekend. This means you can apply for, be approved, and access your loan all on the weekend. However, they are not payday lenders and we cannot guarantee you will be paired with these particular credit providers.

Is it possible to get a payday loan on a Sunday?

In general, it is never guaranteed. While there may be certain lenders that can transfer you your loan on a Sunday, you are not guaranteed to be matched with these particular credit providers.

In short, most lenders do not process funds over the weekend. Therefore, it may be best to consider applying for a loan before the weekend.

How can you get fast money with bad credit?

If you need cash now, there are a myriad of lender options available to you online. To make the process even easier, however, you could consider using Monzi’s lender-finder service to get fast money with poor credit. Here’s how it all works:

  1. Apply online. Complete our easy submission form.
  2. Wait for approval. We’ll try and match you with a potential lender. Lenders will assess your application and get in contact if they can make you an offer.
  3. Get your cash. Lenders will send through a contract if you’re approved. Funds will be transferred if you approve the contract.

Am I eligible for weekend payday loans no credit check?

While we cannot guarantee you will be offered exactly what you’re looking for, there are certain criteria you need to meet before using our service. These are:

  • All applicants must be at least 18 years old.
  • An Australian Citizen or Permanent Resident.
  • Have a contact number and email address.
  • Applicants must be able to show at least 3 months of banking history.

How do I apply for weekend payday loans no credit check?

It is not a sure thing that you will be offered payday loans weekend payout Australia. Despite this, Monzi may be able to match you with lenders offering bad credit personal loans. Here’s how you can apply:

Lodge an application online

Start with our loan slider; select the amount you’re thinking of borrowing as well as your ideal repayment terms.

Next, complete our online submission form – it’s super simple and may only take you a few minutes to finish. Remember to supply all relevant information the first time you apply, otherwise, lenders may need to stall their assessment of your application.

Wait while we work

Once you submit your application, you’re free to sit back and let us take over. In short, we’ll try and put your application in front of a potential lender.

Lenders will always first assess your application and will get in contact directly if they can make you an offer.

Outcome

If a lender approves your application, you will be sent a digital loan agreement. It is important you read through your agreement thoroughly and only approve it if you are happy with all the details of your loan.

Keep in mind, you are under no obligation to approve the loan offered to you.

After you approve your contract, your lender will transfer your funds.

Can you guarantee I’ll receive a weekend loan?

In short, no; you are never guaranteed a weekend loan. This is due to the fact that many lenders are unable to process loans over the weekend.

To combat this, however, it may be a good idea to apply for a loan before the weekend. Depending on the lender you’re paired with, you may be able to access your personal loan the same day you apply.

If you are looking for same day loans, there are certain things you should be aware of:

  • Weekends. As we mentioned before, many lenders are unable to process your loan over the weekend. As a result, it may be better to apply for funds during the week.
  • Business hours. Much like weekends, many lenders are unable to assess or process your application outside of their usual business hours.
  • Extra information. As we mentioned above, aim to supply all relevant pieces of information the first time you apply. Otherwise, lenders may need to stall your application to access everything they need.
  • Inter-bank transfers. Inter-bank transfer times determine access to funds. For example, consumers belonging to a certain bank may receive their money sooner than others.

Are there alternatives to weekend payday loans no credit check?

Yes! In short, Monzi may not be able to pair you with payday lenders offering weekend loans with no credit check. Instead, consider applying for a bad credit personal loan.

While lenders offering bad credit personal loans may still conduct a credit check, they will tend to focus on other aspects of your application. Specifically, these lenders will consider your:

  • regular income;
  • expenses; and
  • banking history.

Finally, you are never guaranteed to receive a weekend loan. As a result, it may be better to apply before the weekend if you need quick access to cash.

What is the difference between personal and payday lenders?

On the surface, the difference between personal and payday loans may feel arbitrary. There are, however, important differences between the two.

Firstly, payday lenders generally offer unsecured loans of $2,000 and under. Personal loans, on the other hand, are often available as both secured and unsecured loans, potentially up to $10,000.

In addition, many payday lenders have been characterised as only offering short, inflexible repayment terms. Specifically, repayment terms may be as short as four weeks. Lenders may charge additional fees for late or missed payments.

Lenders offering personal loans, however, may be able to offer repayment terms ranging from several months to years, depending on the loan product. Therefore, the regular repayments may be smaller and more manageable, and can be fit around the consumer’s lifestyle.

24/7 alternatives to weekend payday loans no credit check

Being 100% online, consumers can use our lender-finder service at any time from anywhere. In short, all you need is a device and an internet connection – no paperwork!

It is important to note, however, if you apply on our website outside of business hours, you may not receive an outcome until the following business day. This is because lenders need to first assess your application before they can offer you a loan.

Instead of applying for payday loans, consider a bad credit personal loan from Monzi’s network of lenders. Specifically, you may be eligible to apply for up to $10,000.

Woman on bridge smiling about weekend payday loans no credit check

How do I make repayments?

If you enter into a credit contract with a lender, a direct debit will be set up from your account. In other words, repayments will automatically be deducted from your account each time you are due to make a payment. Therefore, borrowers do not need to stress about manually repaying their loan.

In addition, the loan product you take out determines your repayment terms. We’ll give you some examples below.

Small personal loans range from $300 to $2,000, and generally have repayment terms of 12 months.

Medium personal loans, however, range from $2,100 to $4,600 and often have terms between 13 and 24 months.

Finally, large personal loans of $5,000 to $10,000 may also have repayment terms of 13 to 24 months.

Ultimately, your lender determines the repayment terms. As a result, only take the information listed above as a guide.

Weekend loans online Australia

While we can never guarantee weekend transfers, our 100% online business model does guarantee consumers a few things.

  • No paperwork. Generally, you can lodge an application with us without having to fill out any physical paperwork. Furthermore, our smart online system can digitally access a lot of the information we need, meaning you can forget having to rummage through filing cabinets or old mail.
  • Anywhere, any time. Being 100% online, consumers can lodge an application from anywhere, whenever they want. Just keep in mind you may not receive an outcome until normal business hours.
  • Easy application. There’s no stress when it comes to using our lender-finder service. In short, applying is super straightforward and there are handy instructions at each step.

I need cash for the weekend. How can I do this?

While it is indeed possible for Monzi to match you with a weekend loans direct lender Australia, it is never guaranteed. As a result, you will need to plan ahead to give yourself the best chance of receiving a weekend loan.

While you are never guaranteed to be offered a loan, it is probably a good idea to get started with the application process as soon as possible. Therefore, even if Monzi cannot pair you with a credit provider, you still have time to apply with other lenders before the weekend.

Finally, consider ASIC’s MoneySmart website. Here you can find additional information on payday loans, as well as some alternative options.

Find weekend payday loans no credit check alternatives with Monzi

Looking for instant cash loans or bad credit personal loans? Monzi may be able to point you in the right direction.

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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.