In modern society, speed is king. Fast cash loans in Australia are booming as the market for rapid finance soars. Why is the demand so high? Well, as people’s lives become more and more filled with increasing levels of things to do, responsibilities to remember and bills to pay for, sometimes the balances doesn’t quite add up and you find yourself just a few dollars short. In this article, we’re looking at the 4 things you absolutely must have when looking for a fast payout short-term loan. Here we go:
1. A consistent income
This is usually a must whenever you apply for any sort of credit, but for fast cash loans in Australia, it’s super important. These fast “payday” loans are supposed to be paid back in full within weeks of you taking them, so you have to be in a position where you are more than able to afford them without any doubt.
If you’re in steady employment and know exactly what your next payday is going to dish out into your account, you’re in prime position to apply. If you’re self employed or work part-time with variable income, you might find things a little trickier. A normal loan might be based more on your credit score, but short-term loans are based primarily on your current volume of income.
When you’re looking to complete an application, make sure you have accurate records of your current income in the form of bank statements, otherwise your application could be seriously delayed.
2. Government issued ID
You need to be an Australian citizen and this means showing a form of official photo identification. This can be your passport or driving licence. Without these documents your application will be paused until you can provide them.
Why do you need ID? There’s a number of reasons, but the main one is so that your current address and identification can be logged as accurately as possible.
3. Apply through Quickle if you want the fastest service possible
At Quickle, we understand that time is a crucial factor in financial situations, which is why we always strive to make the application process and payout of our fast cash loans as rapid as possible. Online isn’t the only way you can apply. Borrowers can contact us by phone or apply through our website, but if you want the fastest service possible, our online application is the best way to go.
It’s also incredibly convenient. With the online application, you’ll be able to start your application anywhere and at any time. Unlike a normal loan, where you have to work around the typical trading or office hours of a normal company, our online app means you can apply and get access to funds 24/7. This can be a real lifesaver when you find yourself in the most time-pressed emergencies.
If your first loan is a success, we’ll be far more confident in lending to you in future! So keeping our website bookmarked on your phone can prove super handy if you think you might need an instant loan somewhere down the road. The application process on your return is bound to be even faster, so it certainly pays to stick to the same lender whenever you need a truly instant solution.
4. An urgent need
These loans are not really intended for luxury purchases. If you’re looking for a fast cash loan in Australia, it should really be for emergencies that you absolutely must address right away. The last thing anybody wants is for these loans to become a problem for you, and one of the best ways to get into money issues is to buy things that we don’t need using borrowed funds.
Before you look at getting an instant loan online, ask yourself, “will your life be in ruin if you don’t get the loan?”. If your answer is yes, then you’ve got yourself a need. If your answer is “not really”, then it’s something you need to give more thought to.
That’s everything you need to cover when looking for a fast cash loan in Australia! We hope this list has helped and that you feel far more confident in your search. With everything above, you can be sure your application is handled in minutes and the funds are available as swiftly as possible!