Loan Criteria - Fast Cash Advances (Fast Payday Loans)
Applicant must be an Australian resident.
Applicant must be a minimum of 18 years of age.
Applicant's employment and income source
Applicant can be employed full-time or part-time (receiving holiday pay & sick pay).
Applicant can also be a pensioner (aged, disability etc) or on SPP Centrelink benefits.
Applicant can be self employed provided the applicant can provide a self billing invoice.
Applicant must be able to prove affordability to repay the loan in the time specified.
Note: Applicant CANNOT be on other Centrelink benefits such as Newstart.
Applicant's minimum income
Applicant must have a minimum left over income (after Tax) of :
$600 net per month after paying rent /mortgage and paying for ALL other loans! or
$300 net per fortnight after paying rent /mortgage and paying for ALL other loans! or
$150 net per week after paying rent /mortgage and paying for ALL other loans!
Applicant MUST have a bank account.
Applicant's income MUST be directly deposited into that bank account.
No security required.
Term of the loan
Term of the loan is for 1 - 2 pay periods (maximum of 42 days).