Cash Today Loans

If you’re thinking about applying for a Cash Today loan because “I need a loan urgently“, you’re in the right place. This post attempts to shed light on all you need to know about Cash Today, from the loans they have to offer and their eligibility terms to their application process, so stick around.

Overview of Cash Today

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Established in 2006, Cash Today is a licensed short-term cash loan provider in Australia, operating under the credit license number: 387137. 

The company excels when it comes to offering quick and easy cash loans for those who meet their application criteria, which is centred around responsible lending of a cash til payday loan Australia.

Cash Today is one of the most trusted lenders in the country, as they’re abiding by the National Consumer Credit Protection Act of 2009. Click here to learn more. 

One of the things that set Cash Today apart from their competitors is that their applications are processed manually. This can be viewed as a pro or a con, depending on how you look at it. 

On one hand, manual application processing is better than automatic processing because some automating systems struggle with certain documents, such as explainable bank statement data. This, in turn, leads to a lot of applications getting declined for no solid reason. 

On the other hand, manual application processing is slower than automatic processing, and so Cash Today’s applications might take a while to be processed. However, it shouldn’t take more than 24 hours for a cash in 1 hour loan to be processed. 

Cash Today’s client satisfaction rate is notably high compared to other lenders. This is due to their personal and responsible approach to lending. Also, the company is transparent with its clients, offering full summaries of fees and charges. 

What Are Cash Today Loans?

 

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Cash Today lets you apply for cash in hand personal loans ranging up to $5,000. The quick cash loans bad credit Australia are repaid over time in instalments agreed upon between the lender and borrower. 

Applying for a Cash Today 2500 dollar loan repayments is as straightforward as can be. All you have to do is fill a short online application. In the application, you’ll choose the amount you’d like to borrow, the term of repayment that suits your case, and some personal information. 

After submitting your application, you should get a response within a few hours. Upon approval of the 4000 dollar loan repayments, the funds will be sent to your bank account. 

Cash Today recommend that you apply before 2 PM if you wish for the funds to be in your bank account within the same day of application. If you apply later than 2 PM, you might receive your funds the next day. 

How Are Cash Today Loans Calculated?

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Cash Today charges a 20% establishment fee and an additional 4% monthly fee on all cash loans Aussie. So, for instance, if you apply for a 200 personal loan, you’ll have to pay a $100 establishment fee and a $20 monthly fee. This makes for a total repayment amount of $620. 

If you were to repay the loan over the course of 5 weeks, you’ll be paying $128 a week. There’s no collateral associated with Cash Today loans. 

What Are the Eligibility Terms for Cash Today Loans?

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Cash Today cash loans Australia don’t require any documents or bank statements. However, you must be over the age of 18, a permanent resident of Australia, and have a regular income. 

If you meet the above-mentioned criteria, you’re guaranteed that your application is considered and approved. Note, though, that there might be processing delays depending on your financial situation.

What Information Is Required for the Application?

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There are three categories of information that you need to fill when applying for a Cash Today 2000 dollar loan. The first category is your personal details, which include your first and last name, date of birth, email address, mobile phone, and home phone.

The second category is your loan details. You simply choose the 1000 dollar loan Australia amount you’re looking to receive and the purpose of the 100 dollar loan. The loan purpose can be anything from investments, bills, and car lease to debt consolidation, home improvements, and subsistence, to name a few. 

The third and final category has to do with your home address. You basically fill in your address and homeowner status. You’ll also need to input your employer’s organization name.

What About Bad Credit Scores?

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Many 10000 dollar loan providers across the country refuse to process applications submitted by individuals with a bad credit history, but not Cash Today. 

Cash Today are willing to consider applicants with bad credit ratings as long as they show a history of regular income. Applicants must also meet the lending criteria to be considered. 

What About Centrelink Users?

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Cash Today are willing to provide small loans for Centrelink users as long as the amount applied for isn’t over $500. 

Bear in mind that Cash Today will thoroughly examine the Centrelink beneficiary’s income forms before approving their application for a 100000 loan to ensure that they’re dealing with a responsible borrower. 

Final Thoughts

Cash Today is definitely one of the most reliable lending services in Australia. They may not be the fastest, but they’re efficient, transparent, and quite considerate.

About the Author

Lucy has over a decade of experience in finance. She is currently the content curator here at Perfect Payday.

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