Short Term Loans up to $50,000 Approved Online | MoneyMe

Transforming the way credit works

Our short term loans are designed to help you cover costs quickly and without pain. We are the next generation of credit and have tailored our application process to ensure that you receive the fastest and most convenient short term loan.

Because we understand this generation’s constant need for instant credit services and convenient solutions, we provide quick access to products such as unsecured personal loans, line of credit and virtual credit card. They are all entirely online, straightforward, fast to get and with absolutely no hassle.

We are exceeding the digital standards. When you apply with us, we process and approve your loan application using our advanced technology and machine learning algorithms to ensure you get outcomes fast. How it works: Simply complete your application online, get approval within minutes and sign off your contract online. And depending on who you bank with, your money can hit your bank account in as little as 60 seconds.

Secure and responsible lending

As a responsible lender, we look at a range of factors such as your credit history, income, debt obligations and living expenses to provide you with fair and tailored loans. We also ask for your online bank statements which we can only view as read-only 90-day documents in PDF format. We use the same security that your bank does, and rest assured that MoneyMe can’t access your banking details. These snapshots, together with your personal, employment and spending details, are all we need to come up with a decision for your same day loan application.

Get quick access to short term cash loans and instant cash loans up to $50,000 when you apply with us, or our easy loans which you can access online through a quick and seamless loan application process. With MoneyMe, you can have the extra cash you need exactly when you need it.

How to get a short term loan

Unlike traditional money lenders, MoneyMe provides fast credit solutions using smart data technology, making the application process for quick cash loans smooth and easy. To be eligible to apply with us, you must be employed, an Australian resident and above 18 years old. The old lending process used to rely only on your credit file. And while your credit report and credit rating are crucial parts of the approval process, the new credit statements include a comprehensive report that shows the last 24 months of your transactions. This allows your prospective lenders to see not only your past scores and defaults but also your positive credit behaviours. With the new comprehensive reports, the outcome of your loan application becomes accurate and fair.

Get access to better loan terms

If you’re a customer with a history of positive repayments, we can re-evaluate your profile and may be able to offer you better loan terms, fees and charges. Do not fret if your credit score is not up to par at the moment, because there are a range of factors that we consider in order to come up with a customised rate for your cash advance or fixed rate loan application.

Fast and easy credit solutions

MoneyMe provides quick access to credit solutions for your everyday needs. You can apply online for small loans if you need extra cash to cover unexpected expenses, quickly and hassle-free. If you’re looking to pursue a career development or spend your holiday abroad, we offer larger credit products like student loans and travel loans.

Turn your dream home or wedding into a beautiful reality with our quick and easy application and approval. You don’t have to think twice or wait around to finally make the bold move. With accessible credit products, you can smoothly and easily fast track life’s big moments.

Rates tailored to you

We believe in fair and responsible lending. We tailor your rates for a short term loan or larger loans like school loans or university loans to make sure you are comfortable with repaying your loan and maintaining healthy cash flow. Our online loan calculator is a useful tool that provides you with a preview of your repayments and loan terms. It gives you an indication of what your interest rates will be for your fortnightly or monthly repayments.

If you need quick cash, you could opt for our mini loans. Use it to pay for your rental bond or book your next holiday. You can also borrow money to help you with managing bills and sorting out other financial commitments in a lump sum. With credit products within your reach, life becomes easier.

Here at MoneyMe, we make access to credit seamless and straightforward. Our short term loans, larger loans and virtual credit cards are all designed to cater to the on-the-go lifestyles of Gen Now. We make it easy to access the money you want, when you want it. For smarter, faster and simpler lending options, choose MoneyMe. Apply now for a short term loan and other credit products and get results in minutes.

Why choose MoneyMe?

What can you expect

What do repayments look like?


Lucy, 38

8.99% p.a. interest rate

12.36% p.a. comparison rate*

Excellent credit rating

Borrowed $17,000 over 5 years

Monthly repayments: $370.58


Matt, 29

19.25 % p.a. interest rate

21.12% p.a. comparison rate**

Fair credit rating

Borrowed $6,500 over 3 years

Monthly repayments: $258.33




*This comparison rate is based on our personal loan for an amount of $10,000 over 3 years wich includes a 5% establishment fee.

**This comparison rate is based on our personal loan for an amount of $30,000 over 5 years and an 8% (capped at $1,200) establishment fee.

WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


Things you should know

For an unsecured personal loan of:



Medium Loan From $2,100 to $3,000

Repayment period:

• Minimum 12 months    • Maximum 24 months

Based on an unsecured loan of $2,500 over 2 years:

  • Minimum interest rate of 8.99% p.a. (16.78% p.a. comparison rate*). The total repayment is $2,960.07, which includes $2,500 principal, $200 establishment fee and $260.07 interest.

  • Maximum interest rate of 29.99% p.a. (38.50% p.a. comparison rate*). The total repayment is $3,622.82, which includes $2,500 principal, $200 establishment fee and $922.82 interest.

*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates.

Personal Loan From $3,001 to $50,000

Repayment period:

• Minimum 12 months    • Maximum 60 months

Based on an unsecured loan of $30,000 over 5 years:

  • Minimum interest rate of 8.99% p.a. (10.68% comparison rate*). The total repayment is $38,850.56, which includes $30,000 principal, $1,200 establishment fee and $7,650.56 interest.

  • Maximum interest rate of 19.25% p.a. (21.12% p.a. comparison rate*). The total repayment is $48,818.59, which includes $30,000 principal, $1,200 establishment fee and $17,618.59 interest.

*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates.

Things you should know

For a line of credit:



Fees and charge

  • Interest rate 16.99%*

  • Credit limit approvals up to $20,000

  • Minimum withdrawal amount is $100

  • Monthly account fee of $5

    Only applies if outstanding balance is over $20

  • Annual fee from $0 to $149

    Based on your credit limit and rating

*This interest rate is based on the Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the outstanding balance of your loan to the date your payment is due.

Other fees that may apply

  • Dishonour fee of $15

    This is payable each time a direct debit is dishonoured on your commitment to make a loan repayment is not met.

  • Overdue account fee of $15

    This is payable each time your account is not up to date by the end of the last day of the month.

Example repayments

Based on a revolving line of credit of $20,000 over 3 years

  • Minimum interest rate of 16.99% p.a. (20.44% p.a. comparison rate^) with total cost of $3,460.19

Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

What our customers say
Short Term Loans

4.75/5

82 reviews

[title here] [long description here]
98%

%


of customers
would recommend
MoneyMe to a friend

1 review

5

Great service.

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1 review

5

Excellent service. Very helpful and easy process.

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1 review

3

Very helpful and efficient.

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1 review

3

Quick and efficient service.

Like

1 review

5

It was a fast and simple process.

Like

[title here] [long description here]
98%

%


would recommend
MoneyMe to a friend

View our products

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or
    pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made from 01/09/2020 for a limited time only.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little
    as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made between 31/07/2020 and 31/08/2020.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

MoneyMe

MoneyMe is a small, responsible finance provider offering short term loans to Australians minus the paperwork, long wait times, hidden fees and fine print. At MoneyMe, we aim to revolutionise the way people access short term, personal loans.

Our short term loans

Do you need access to short term loans from $2,100 to $50,000? At MoneyMe, we’ve got you covered. MoneyMe’s personal online cash solutions can give you a short term cash injection to meet your financial needs. We pride ourselves on having a simple, transparent system, helping individuals to achieve their goals quickly and easily.

You can apply for a MoneyMe loan in as little as five minutes. Once approved, the money will typically arrive in your account in 60 minutes, depending on your bank. Please note that your application may take longer to process if made outside of business hours.

How to pay us back

Responsibility is central to our short term loans ethos. At MoneyMe, we will never lend you more than you can realistically afford to repay. We will never leave you wondering about our cost structure and you’ll find our fees very reasonable.

Just as we have simplified applying for short term loans, repaying the borrowed sum couldn’t be more straightforward. Repayments of your loan are structured according to your pay cycle. We’ll set up direct debits on your nominated payday and send you a reminder in advance of that date. Concerned your repayment will be late? Contact the MoneyMe team and we will do everything we can to assist you.




Making it fast

When applying for a loan through traditional banks, you will often be required to submit pay slips, bank statements, or other time-consuming documentation. The MoneyMe way is different – using illion Open Data Solutions we securely obtain your recent bank statements in seconds. Rest assured, all systems we have in place offer the utmost security.

With MoneyMe, it is very easy to Improve Your Loan Eligibility and you can get cash fast via our Easy Application Process.

MoneyMe staff polled the top things to get and do for Valentine’s Day. Yes, don’t forget that Valentine’s Day is coming up soon. Check out our top picks for Valentine’s Day gifts and if you’re looking for something cool to do, check out the Valentine’s Day ideas. Let us know if any these rocked your date night.




View our products

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or
    pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made from 01/09/2020 for a limited time only.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little
    as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made between 31/07/2020 and 31/08/2020.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile