How it works
We know that when you’ve got bills to pay, you don’t have time to waste. With MyBorrowing’s short and easy online application, you can apply for a loan from any device! The form should take only a few minutes to complete and as soon as you hit submit we’ll get to work on your assessment.
1
Apply Online
Choose your loan amount and payment terms then complete our 100% online form.
2
It’s a Match!
We match you to a lender who can offer you the finance you’re after.
3
Final Approval
If you’re happy, we will forward your application to the lender for final approval.
Frequently Asked Questions
What does My Borrowing do?
How much can I borrow?
How do I receive my loan?
How much does it cost?
How do I pay my loan back?
How do I contact MyBorrowing?
What does My Borrowing do?
Essentially, we do the searching so you don’t have to! When you apply with MyBorrowing we will find the best loan option to meet your needs. Once we’ve found it, we’ll put you directly in touch with the lender who can offer you the loan you’re looking for.
How much can I borrow?
With MyBorrowing you can apply for short-term loans between $500 and $2,000, secured personal loans between $2,100 and $4,600, or loan term loans from $5,000 to $10,000 depending on your eligibility.
Loan terms can be anywhere between 6 to 36 months, depending on the type of loan and the lender’s specifications.
How do I receive my loan?
Once MyBorrowing has reviewed your application we will match you to a suitable lender. Then, you will have to wait for final approval of your application. If successful, the money will be transferred straight into your bank account subject to the lenders protocol.
How much does it cost?
The cost of your loan depends on the lender. We encourage all our lenders to be upfront with all fees and charges associated with their loans. Unless your lender says otherwise, you can expect to pay something similar to this:
$500 up to $2,000 Short term Loans
- 20% of principal amount (establishment fee)
- 4% of principal amount per month.
- There is NO Interest charged on our loans between $500 and up to $2000
- The easiest way to see how much your loan would cost is to go to our Loan Costs page.
$2,001 up to $4,600 Medium Personal Loans
- $400 Establishment Fee
- Interest at 48% per annum charged on a reducing balance basis.
- APR is 48%, Comparisson rate is 67.41%
- The easiest way to see how much your loan would cost is to go to our Loan Costs page.
$5,000 up to $10,000 Large Personal Loans
- Interest at 48% per annum charged on a reducing balance basis.
- APR is 21.24%, Comparisson rate is 48%
How do I pay my loan back?
It’s important you make your repayments on time so you do not incur any extra charges from your lender. Forgetting to repay your loan could lead to defaults being added to your credit score, making it hard to apply for funding in future. When you loan is approved, speak with your lender about setting up a scheduled payment to ensure you meet repayments.
How do I contact MyBorrowing?
Our friendly team is here to help! If you have any questions, feel free to call us on 1800 825 805 or email us directly at apply@myborrowing.com.au.
Frequently Asked Questions
Essentially, we do the searching so you don’t have to! When you apply with MyBorrowing we will find the best loan option to meet your needs. Once we’ve found it, we’ll put you directly in touch with the lender who can offer you the loan you’re looking for.
With MyBorrowing you can apply for short-term loans between $500 and $2,000 or secured personal loans between $2,100 and $4,600, depending on your eligibility.Loan terms can be anywhere between 6 to 18 months, depending on the type of loan and the lender’s specifications.
Once MyBorrowing has reviewed your application we will match you to a suitable lender. Then, you will have to wait for final approval of your application. If successful, the money will be transferred straight into your bank account subject to the lenders protocol.
The cost of your loan depends on the lender. We encourage all our lenders to be upfront with all fees and charges associated with their loans. Unless your lender says otherwise, you can expect to pay something similar to this:
$500 up to $2,000 Short term Loans
- 20% of principal amount (establishment fee)
- 4% of principal amount per month.
- There is NO Interest charged on our loans between $500 and up to $2000
- The easiest way to see how much your loan would cost is to go to our Loan Costs page.
$2,001 up to $10,000 Personal Loans
- $400 Establishment Fee
- Interest at 48% per annum charged on a reducing balance basis.
- APR is 48%, Comparisson rate is 65.88%
- The easiest way to see how much your loan would cost is to go to our Loan Costs page.
It’s important you make your repayments on time so you do not incur any extra charges from your lender. Forgetting to repay your loan could lead to defaults being added to your credit score, making it hard to apply for funding in future. When you loan is approved, speak with your lender about setting up a scheduled payment to ensure you meet repayments.
Our friendly team is here to help! If you have any questions, feel free to call us on 1300 762 731 or email us directly at info@cashsmart.net.
Types of Loans we offer
Cash Loans
Looking for the Cash to hit your bank as soon as you are approved. Cash Loans can alleviate those immediate crisis that you could not foresee.
Fast Loans
How Fast do you need your Loan. That's what we do, find a Fast Loan for you as promptly and efficiently as we can.
Online Loans
Our Online Loans can be applied for on your mobile and the money in your bank by the time you need it.
Personal Loans
Trying to get a Personal Loan that suits your needs can be tiresome. That's why we're here. We offer Personal Loans from $500 to $10,000 that will suit your requirements.
Medical Loans
Ouch, Medical and Dental Loans can sneak up on you unexpectedly. And in an emergency we will expedite your application to help you.
Bond Loans
Moving house and require a Bond Loan while you wait for your deposit to come back. Apply with us.
Car Loans
Car given up the ghost? Need to get to work, get the kids to school? Our Loans go up to $10,000.
Household Goods
Fridge died, Washing Machine on the blink again and need a new one. Our Loans will cover your Whitegoods needs.
Short Term Loan
The weekend is coming up, Stag night on Saturday, Payday only next week, need that small but urgent $500 now. Apply Now.
Auto Repairs
Car broken down, need new tyres, oh no the battery just went dead. MyBorrowing can find a loan to suit your predicament.
Vehicle Rego
Vehicle Rego due yesterday? Have to sort it out today. Apply online with us and we will process your application straight away.
Need a short term cash loan to cover that unexpected bill?
We know that when you’ve got bills to pay, you don’t have time to waste. With MyBorrowing’s short and easy online application, you can apply for a loan from any device! The form should take only a few minutes to complete and as soon as you hit submit we’ll get to work on your assessment.
In as little as 60 seconds we could find you a lender ready to offer you the money you’re after! Just one application to access hundreds of lenders - sound good to you? Try us out today!
Apply Now