Last Minute Loans

The personal loans application process is 100% online, and there’s no messing about with uploads of payslips or other paperwork. We consider each request for our cash loans individually and utilise the latest lending technology to ensure our loan assessments are fair and transparent so that we can offer you the best 5-minute loan for your circumstances and facilitate easy money payment. 

If you need cash now, you can get loans in minutes when you apply for our online loans. What’s more, you can have your cash today: depending on who you bank with (and as long as you applied during business hours), you could have the money in your bank account within an hour of when you apply. 

When we say we offer fast cash, we mean it!

How do I get a last minute loan?

Applying for our last minute loans is easy—just jump onto the Ozzie Loans website and hit ‘Apply Now’. 

We’ll first ask you about how much money you’d like us to loan you and over what time frame. We offer last minute loans between $5,000 to $50,000 over loan terms of 1 to 5 years. Our fixed interest rates are some of the most competitive in Australia, starting at just 7.95%. 

Once you’ve confirmed what you’d like to borrow, you’ll need to tell us about your employment and income, living expenses, and any liabilities, savings, and assets. We only offer unsecured loans. However, demonstrated assets can improve your personal loan eligibility. 

As part of the assessment process for our last minute loans, we’ll review your credit history using the new Comprehensive Credit Reporting (CCR) methodology. It’s important to know that there have been legal changes to the way your credit score is calculated -  and we think it’s definitely for the better! 

Previously, your credit report only reflected any negative activities, such as where you may have missed a bill or defaulted on a line of credit like a Buy Now Pay Later account, credit card or another loan.  The new, comprehensive method of credit reporting allows us to see your positive credit behaviours too. This means all your regular, on-time repayments are recognised, creating a much clearer, fairer, and more positive borrower profile. 

Once you’ve completed the fast loans application form, we’ll ask you to sign in to your online bank platform. It’s important to note that we don’t receive access to your bank account. Our system simply requests a 90-day transaction statement in PDF read-only format from your bank. After receiving it, we’ll use it to confirm the information you provided around income, existing debt, and other expenses in your application.

And that’s it! Within minutes, you’ll know whether your application for one of our last minute loans has received approval and receive instant access to an online copy of your loan finance contract. 

That’s where you’ll find the full details of your interest rates and loan repayment instalments. If you're happy with the proposed loan terms, simply accept the contract to begin the easy money payment transfer.  

Depending on who you bank with and if you’ve applied within business hours, you’ll have the money added to your bank account balance the very same day.

What are the requirements for a last minute loan?

To meet the minimum eligibility criteria for our last minute loans, you’ll need to: 

• be at least 18 years of age and an Australian citizen or resident for tax purposes;
• have a steady source of income deposited regularly into one bank account; and
• Have a decent credit rating. 

Tip: We’ll verify your age and residency status using an Australian Government-issued form of IDs, such as a driver’s licence or Medicare card - so make sure you’ve got this handy when you start your 5-minute loan application.

How much money can I borrow through a last minute loan?

Ozzie Loans offers last minute loans between $5,000 to $50,000 to approved applicants. If you’re after a fast payday loan, there aren’t many other lenders who offer quick online cash through a 5-minute loan!

And, unlike other money lenders, we believe in transparency and responsible lending. We’ll never lend you more than you can afford to repay and fully support you throughout the application process so you can borrow with confidence. This means that when you borrow with us, there are no hidden fees or charges. 

It’s important when you’re looking into last-minute loans that you have a complete understanding of your personal finance and what instalments you can comfortably afford to repay over time - especially if something unexpected happens.  

Our personal loan calculator is a fantastic tool to help you compare different unsecured personal loan amounts at various interest rates and over loan terms of 1-5 years. You’ll be able to get an idea of what your personal loan monthly instalments will be and make informed decisions like whether you’re in a position to apply for one of our short term loans and reduce the overall interest paid. 

To determine exactly how much you can borrow for your fast payday loan (and at what personal loan interest rates) when applying for one of our quick online cash loans, we assess your employment status and income along with your daily expenses and any money you owe elsewhere (such as other loans or lines of credit like a credit card). We’ll also take a quick look at your credit score. 

With personal loan interest rates starting at just 7.95% p.a., our quick online cash loans are among the best in Australia. So even if your credit isn’t perfect, you can feel confident that you’re getting the best fast cash loan online at the lowest applicable rates for your current circumstances. We only offer fixed personal loan interest rates, so you’ll know exactly how much the monthly instalments to repay your loan will be for the full duration of your loan terms. 

What’s more, we don’t charge customers who repay their spot loans early. Because we’re a responsible lender, we encourage it! Ozzie Loans loves rewarding our good customers. You may become eligible for lower personal loan interest rates and higher credit limits on new fast loans if our system identifies a history of positive credit behaviours on your account over time. 

Our last-minute loans customers apply for quick online cash for all sorts of reasons, from a fast payday loan acting as a cash advance to debt consolidation to home renovations and covering medical expenses. 

Whatever your need, you could get a fast cash loan online through our 5-minute loan form. To find out how much you’re eligible to borrow, visit Ozzie Loans online today and ‘Apply Now’!