 What is pre-approval?
It means Your loan is pre-approved based on the information provided. On average 80% of pre-approved customers are able to obtain the loan. It is subject to final approval.
How do I apply?
- Fill in a 60 second Pre-Approval form (Click Here)
- Gather supporting documents (Click to download Doc checklist)
- Submit by email or fax
- We will notify your once your application is received and keep you updated
- After a quick assessment, money will be forwarded to you.
What do I need to be eligible?
- Own a motor vehicle (No finance) OR a real estate property
- Live in Australia
- 18 year of age or over
How much can I borrow?
Normally it depends on your income and vehicle/property value. As vehicle secured loan, it can be up to 50% of your vehicle value. If property secured, up to 75% of property value.
How long does it take to approve?
Fast Loans as fast as 60 minutes
Short Term Loans, usually in 24 hours.
How can I speed up the loan approval process?
Make sure application form is filled in full and all necessary documents is provided to avoid delay.
What happens after I apply?
After you complete your application form and send it together with supporting documents, we will process your loan immediately. After loan has been approved and the contract signed, the money will be forwarded to you.
What is the interest rate?
The interest rate varies according to risk. The rate is from 2.9% - 4% per month. In most situations loan term only goes for 1 - 12 months, hence it should not be an issue.
What average of loan term I can get?
There is no set period. On average loan goes from 1 -12 months.
Can I pay off early?
Most of our loan products can be paid off early to save interest.
Can I still get a loan even if I have bad credit?
Perhaps. Each case varies depending on the applicant, but Cash Finance has provided loans to people that previously had defaults or bankrupted.
Will my Privacy be protected?
Yes. All your personal information would be kept according to the Privacy Act.
Is joint bank account ok?
Yes if you are one of the account holder
What's next?
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