Cash Loans

You can apply online for our same day loans or line of credit in just a few minutes. Depending on who you bank with and if you applied during business hours, you could even have access to your new finance or the money in your bank account within an hour if approved.

Who is Ozzie Loans?

Ozzie Loans is one of Australia’s leading next-generation finance providers.  We’re small, fully accredited money lenders (you can view our Australian Credit Licence online!) that service all of Australia with our personal loans and line of credit services. 

We’re 100% online and fully mobile - meaning you can apply online and manage Ozzie Loans cash loans and credit cards from anywhere, at any time. 

We believe in easy finance. Our fast loans are fuss-free, with a  quick and easy loan application and approval process. No paperwork, no phone calls - just quick cash loans.

What kind of cash loans do you offer?

Ozzie Loans offers cash loans over loan terms of 1-5 years at some of the country’s most competitive fixed interest rate cash loans, starting at just 7.95% p.a.  

Unlike other money lenders, we only offer fixed rate personal loans. As opposed to variable rate loans, this means that your personal loan interest rate won’t fluctuate according to economic stability. With a fixed rate personal loan, you’ll know exactly what your monthly loan repayments will be for the duration of your loan term - something our customers find a huge help in their financial planning and when managing bills and debts. 

In addition to being fixed rate, our cash loans are offered unsecured. Unsecured personal loans are offered solely on the strength of your credit score, savings, income and expenditure, and your general financial habits. 

Unlike secured cash loans, this means you don’t need any existing assets - such as a house or car - to use as collateral or security for your personal loan. This makes the application and approval process for our quick cash loans much simpler!

We believe in transparency and responsible lending and fully support you throughout the loan application process. We’re upfront about all our establishment fees and any ongoing fees and charges so that you won’t get caught out by any nasty surprises during your loan term. 

Even better, we don’t penalise our customers for making early repayments on their fixed rate personal loans like other money lenders do. In fact, we encourage early repayments! We want to empower our customers through our commitment to responsible lending and take precautions to ensure you won’t experience financial duress by borrowing more than you can comfortably afford to make repayments on. 

That said, we understand that life happens - and we’re here to help if things go south and you find yourself struggling to make your usual repayments. There might be extra fees and charges over time, but we’ll always be upfront with you about all loan costs and work out a suitable monthly repayment plan to help you get back on your feet.

What can I use a cash loan for?

Our quick and easy cash loans can be used for just about anything!

Those in need of a cash advance ahead of payday often take advantage of our small loans to see them through. 

Our short term loans and student loans offer customers with low income or a poor credit report the opportunity to demonstrate they can make long term repayments and improve or increase their credit score. 

Other popular uses for our personal loans include covering medical expenses, home renovations, travel, and debt consolidation. 

Our personal loans and credit card application process is quick and easy, so if you’re in need of some extra cash - apply online with Ozzie Loans today.

How to get a cash loan?

The application and approval process for our cash loans is quick and easy. When you’re ready, simply visit the Ozzie Loans website and hit ‘Apply Now’. 

To be eligible for one of our personal loans, you’ll need to be an Australian citizen or resident and at least 18 years of age. We’ll verify this online at the beginning of your application, so make sure you’ve got an Australian-government issued form of identification - such as a passport, licence, medicare or proof of age card - close by. 

First, we’ll ask you about what amount of money between $5,000 - $50,000 you’d like to borrow and over what loan term (between 1 - 5 years). If you haven’t used it already, our personal loan calculator is a great tool to help you budget by comparing repayments on different fixed interest personal loan rates, amounts and loan terms. 

Once you’ve confirmed your cash loans request, you’ll need to tell us your personal details. This includes where you work and what you’ve paid, your regular expenses, and any other debt or line of credit you might have, e.g. a credit card. We’ll then perform a check of your credit history to confirm all liabilities have been declared. 

It’s important to know that things have changed around how your credit score is calculated. Previously, only negative credit behaviours were tracked on your credit report, such as where you may have missed a bill or repayment on a line of credit. This is called ‘defaulting’. 

Nowadays, things are much fairer, thanks to Comprehensive Credit Reports (CCR). Every time you meet your repayments, you’re demonstrating positive credit behaviours - and these are now being recorded on your credit history, along with any defaults and applications for lines of credit. We think this is a good thing, as it presents a much more comprehensive borrower profile and allows us to see where things are really at, so you’re not just being measured against a few blemishes that happened in the past. 

It also means improving your credit score is easier! Just remember that each time you apply for a line of credit, it’s recorded on your credit history. False declarations or multiple lines of credit applications within a short period of time - even if you made an honest mistake within the application - aren’t looked upon favourably and will negatively impact your credit score, so be sure you’ve got all your information correctly in place before you apply online. 

As a final step in your application for one of our cash loans, we’ll obtain secure, read-only access to your bank account to verify the information you gave us around your income and expenses. 

You’ll have a response to your personal loan application within minutes, and depending on who you bank with, the extra cash in your bank account by the close of business hours. Easy.