Quick Loans

Quick loans are similar to most personal loans but are specifically designed to provide customers with money fast, in an emergency.

The money, paid into the customer's bank account, could cover unexpected bills or overcome temporary cash flow problems.

The customer will then repay the loan amount, along with any fees, according to the terms outlined in the loan agreement.

We regularly help with unexpected expenses that need to be sorted out quickly.

Such as the following:

• Car repairs or other vehicle repairs
• Emergency dental treatment
• Vet bills and other pet expenses
• Medical expenses, treatment, appointments or medication
• Home repairs from plumbing, electrical or appliance replacements
• Family emergencies, such as visiting sick relatives
• School fees or supplies
• House moving expenses
• Special occasions, such as weddings, birthdays or anniversary expenses
• Tech repair or replacement for mobile phones or laptops

However, almost every situation is unique, so we will see how we can help.

While the law requires all customers to provide 90-day bank transactions, there's no need to print or scan any paperwork as we gather all the information we need online, through our secure partner Illion.

We will then get a read-only scan of your latest 90 days of banking transactions. This helps us understand your income and outgoings, along with any regular financial commitments. We use this to work out how much you can affordably borrow and repay.

Cash Train takes great pride in delivering quick and easy fast cash loans to customers as soon as possible, often on the same day you apply.

However, due to some banks’ processing times, you may need to allow 1-2 working days for the funds to become available.

While not every applicant will be eligible, we'll give you a go*.

Your financial situation may have improved. We make every effort to offer bad credit loans to customers, who can comfortably afford their monthly repayment amount.

Approval will largely depend on your current financial situation and needs rather than previous incidents on your credit file.

Yes, it is possible, depending on your situation*.

We regularly lend to customers who receive Centrelink payments. Some customers have a mix of income from employment plus Centrelink payments, while others receive all of their income from Centrelink.

See our Centrelink Loans page for details and to apply.

We've made things simple.

Your repayments will be automatically direct debited from your bank account on the agreed repayment dates, so you don’t have to worry about missing them.

View our loan costs to make sure you understand the total repayable and if you think you may run into difficulty with your loan repayments, get in touch with our friendly team to avoid late fees.

Depending on your pay frequency, your loan repayments will be set up over 10 weeks or 3 months. If you are paid weekly, you will have 10 weekly payments, if you are paid fortnightly you will have 5 fortnightly payments, and if you are paid monthly, you will have 3 monthly payments.

Unlike other payday lenders, who require full payment on your next payday or within 1 month, Cash Train spreads your loan over a longer period.

As a responsible lender, we understand that by making your scheduled repayments smaller and more affordable, they are easier to manage.

Payday loans are often referred to as SACCs or Small Amount Credit Contracts for loan amounts up to $2,000.

Cash Train does offer SACC loans for emergencies, which are to be repaid over the next 10 weeks, or 3 months.

Please see our payday loans page for more details.