Small Loans Melbourne

At MoneyMe, we’re revolutionising the finance industry and changing the way everyday Australians can access credit. If you’re in need of cash today, you can apply for one of our small loans Melbourne or our Freestyle virtual credit card in less than five minutes - all using the MoneyMe app on your smartphone. With quick, same-day approval and cash delivery, our customers are experiencing the future of money lending today.

To apply for a line of credit or find out how much you might be able to borrow with one of our quick loans, apply online with MoneyMe now

Small loans give you the flexibility and funds to manage unexpected or challenging expenses on your own terms. 

We offer a range of quick loan products to suit a wide range of needs, such as cash advances for when payday is just a little too far away, student loans, or medical expenses. 

MoneyMe small loans provide our customers with a sense of security in their immediacy and the fact that they’re offered with a fixed interest rate only, so your loan interest rate won’t fluctuate in response to economic instability. This means you’ll know exactly how much your monthly repayment and ongoing fees will be for the duration of your loan - something particularly useful for budgeting, managing consolidated debt, and improving your credit score. 

To get an idea of what affordable repayments on small loans Melbourne might look like, you can use our nifty personal loan calculator to compare different fixed interest rates, loan amounts and lending periods. 

To be eligible to apply for MoneyMe small loans Melbourne,  you’ll need to be at least 18 years of age and an Australian citizen or resident for tax purposes. 

You’ll also need to have a regular, demonstrable source of income. It’s important that you’re able to show what you earn through regular deposits into the same bank account, so if you’re self-employed or get paid in cash, you might need to change how you process your finances before you apply. 

We offer unsecured personal loans between $5,000 to $50,000 between loan terms of 1 to 5 years at some of the most competitive interest rates in the country. Taking out a MoneyMe quick loan is a great way to get quick access to cash without relinquishing control of your finances or committing to an unsuitable variable rate credit product. 

If you’d prefer to apply for a line of credit with a redraw facility, you check out our Freestyle virtual credit card, which offers credit limits up to $20,000 for approved applicants. It’s accessed exclusively via your smartphone, and you can shop in-store using Tap n Pay, make purchases online, and transfer funds directly to your bank account. 

Whatever your preference, MoneyMe believes in responsible lending and will support you fully throughout the application and money management process. 

We’re transparent with our small loans Melbourne application process and with our fees and charges. We also won’t charge you for making an early line of credit payment by slugging you with termination fees - in fact, we’ll reward you!

We love to celebrate our good customers, so each time you close a line of credit with us, we’ll re-evaluate your account. Suppose you’ve demonstrated consistent positive credit behaviours over time. In that case, you’ll likely be eligible for higher credit limits and be able to borrow more at lower interest rates on your next application. 

But we’re also here to help if things get tough. If you find you’re having difficulty with your line of credit payment, please reach out to us as soon as you identify a potential problem with your personal finance. It’s important that we understand any changes in your loan or line of credit payment behaviour. Taking preemptive steps can help you avoid a negative impact on your credit score.

Applying for small loans Melbourne or a line of credit like our Freestyle virtual credit card is easy with MoneyMe. 

Our application process is 100% online and doesn’t mess about with uploads or supporting documents. We utilise the latest secure lending technology to verify all the financial information we need online and process your application in real-time. 

All you’ll need to apply with us are two forms of Australian government-issued identification, such as a passport, driver’s licence, medicare or proof of age card. No paperwork, no phone calls, no fuss. 

We’ll first ask you about how much you’d like to borrow and over how long.  Once we know that, you’ll need to tell us about your employment and income, daily expenses, and any debt or liabilities, savings, and assets.

Once you’ve entered this information, we’ll run a credit check as part of the quick loan application process. Finally, 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 account - our online finance management system simply requests transactions from the last 90-days in PDF read-only format from your bank.

Once we’ve received it, we’ll use it to confirm the information you provided around your pay, existing debt and other expenses in your application and let you know if you’ve been approved.  

The amount of cash we offer to lend you and at which line of credit rates is contingent upon your honesty and transparency when completing your application and on your recorded credit behaviours. 

Once you’ve signed and submitted your contract, your loan funds will be released immediately to your bank account. 

If you’re ready to benefit from the future of finance today, visit us online and take advantage of our calculators and comparison tools to assess whether small loans Melbourne or our Freestyle credit card is the best product for you. Once you’ve decided, the rest is easy!