Fast cash loans Australia

Is it okay to seek financial assistance and apply for a cash loan? Our short term instant cash loan has a quick and easy online application process, and once it passes the approval process, you can get the money in your bank account within 60 minutes.

Our establishment fee and the monthly fee on a small quick cash loan are standard to the market rate.

MyBorrowing allows direct debit repayments from the customers’ bank account to the lenders. Our fees and charges are well displayed on the application form, and you can apply for a cash loan anywhere in Australia.

Apply for a personal loan today at MyBorrowing.

Are you eligible for our Cash loan?

To get a personal loan from us, you must qualify for our eligibility criteria. As we have a wide variety of personal loans, the information needed for each may vary a little, but the primary criteria are the same for all.

  • If you are an adult with a functional mobile number and an email ID, you are a step closer to getting approved for a short term loan. We need these details to communicate with you.
  • Our online loan service is only available for Australian residents.
  • With a regular income source, our approval ratings for personal loans get high. If you are on Centrelink, you can apply for cash loans. We consider advances from Centrelink as regular income. Mention your Centrelink details on the application form.
  • An active bank account is a must while borrowing cash loans from us. Bank statements for the last 90 days are necessary to submit.

100% Online application process

You can get a cash loan online just following four simple steps.

  • Only borrow a loan amount where you can handle the repayments. Choose your repayment schedule.
  • With the income details and the bank statements, we begin searching for lenders.
  • The lender gives the final approval for the cash loans. A repayment schedule must be agreed upon.
  • Wait for the money to reach your bank account within a few hours.

While applying online, you should read the loan contract carefully. The establishment fee, as well as the monthly fee, change with the loan amount. The comparison rate also fluctuates with the amount of money you want to borrow.

Our fees and charges

The associated costs in our quick cash loans are variable. As a customer chooses the money to borrow, the comparison rate changes along with it.

There is zero interest rate for $500 to $2,000 loans for our small loan service, a 20% establishment fee, and a 4% monthly fee on each.

With a medium loan, our customers can borrow $2,100 to $4,600. Each medium loan costs a $400 establishment fee, 48% annual percentage rate, APR 48% and a 67.41% comparison rate.

Qualified customers can get more money from our large financial quick cash loans. Each customer can get $5,000 to $10,000 with 48% interest rate, 21.24% APR and 48% comparison rate. There is no establishment fee for loan term loans.

You can borrow any personal loans, and for repayments, you can get a maximum of 2 years and a minimum of 12 months.

Where can you use a fast cash loan?

Although it’s a personal choice, we can provide some circumstances where the cash loan approval rates are high. You do have to mention your cause of borrowing the cash loan.

Health emergency

This is the most unfortunate yet most important cause of borrowing. Bad credit history can create a hindrance when you try to borrow loans online. We can deliver the money you need to your bank account within 60 minutes, even if you have a bad credit score.

Unexpected bills

You may want financial assistance for various reasons, including car repairs, housing repairs, and so on. We are prepared to provide you with the funds you require. With a minimal establishment fee, get a loan today from MyBorrowing.


If your credit card debt is mounting up, a small cash loan can help you out. Fill out the online application form, figure out the optimum repayments and get the money fast into your account. If you miss your debts, your credit score will go lower. If you have a bad credit history, this scenario is more undesirable. We have bad credit loan facilities.

Why are we the best for you?

We can answer that in a single line. Our services are tailored to our customers’ needs, and with many years of experience in the financial market; we know what you need when searching for a loan.

  • We don’t prefer an unnecessary credit check for personal loans.
  • If you really need a loan today, just wait until we analyse your bank statements. The money can be transferred within 60 seconds once approved.
  • Predetermined comparison rate with changing loan amount.
  • Our customers are protected by National Consumer Credit Protection Act 2009, and we hold an authentic American Credit Licence. You can get access to our licence number on our website.


How do the repayments work?

It’s critical to stick to your cash loan repayment schedule. You will be penalised if you skip or miss a repayment, and your credit score will suffer as a result. With your lender, set up a direct debit plan. As the loan amount needs to be paid back, only borrow the amount you are comfortable taking on.

What if my financial situation worsens?

At that point, the most crucial thing you should do is tell your lender. Rather than attempting to make repayments and missing them, it is preferable to notify your lender ahead of time. This might help you establish a new repayment schedule and not affect your credit score.

Are these online loans legal?

Even if they are 100% online, our activities are wholly legal because we are proud holders of an actual Australian Credit Licence. Various personal loan conditions, monthly fees, and levies and different loan amounts may result in a different comparison rate from the lender.

How do I contact MyBorrowing?

Our customer service staff is here to assist you. If you’re having problems managing your expenses and debts, give us a call during business hours at 1800 825 805 or send us an email at, and we’ll get back to you during business hours.