Instant Cash Loans: No Credit Check, No Brokers

Managing finances is one of those things you’re never taught and still somehow expected to know as an adult, which is why you might find yourself in some less-than-ideal financial situations. Perhaps you want to turn to instant cash loans, and although there’s no easy way out, that can be of great help.

However, you may not be too fond of the idea of a credit check and even want to borrow money straight from the source with no brokers. How could you go about that? We’re here to help you out and break the process down so that you could make an informed decision regarding instant cash loans, no credit check, no brokers.

What Are Instant Cash Loans, No Credit Checks, No Brokers?

These are payday loans that aim to help people through financially testing situations, mainly emergency problems, by extending their finances. If you’re looking to take out loans straight from lenders, click here. Without further ado, let’s unpack what these loans are.

Instant Cash Loans

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Commonly known as quick loans or fast loans, an instant cash loan is a personal loan that you can receive within hours of applying instead of days or even weeks. When dealing with traditional banks or lenders, you’ll have to finish plenty of paperwork, and that process can take weeks.

Thankfully, at Perfect Payday, you’ll receive an answer to your application within minutes, so we’d say that’s as instantaneous as it gets. Afterwards, you can receive the loan in hours or a day at maximum, and if you want to speed up the process, make sure you’re applying during business hours.

No Credit Check Loans

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Essentially, what credit checks do is reveal a person’s history with instant cash loans no credit check unemployed australia and whether they’ve defaulted under any of the loans, which isn’t ideal with bad credit. But with Perfect Payday, you’ll need no credit checks, so you can check that off your list of things to worry about, as our point of focus isn’t your past mistakes but your current financial capacity.

No Broker Loans

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The point of a broker is to ensure that a lender meets the borrower’s needs. Therefore, we ask for specific information (that we’ll get into), between bank statements, credit card debts, and more, to be sure that a cash loan is right for you, so you’re no longer in need of a broker.

Through our practical knowledge, the appeal of no broker loans is that they require, well, no broker, but also no guarantor or collateral. Still, be warned that no broker loans typically have high interest rates, so don’t apply for more than you need. If you do, you might find yourself unable to meet your repayments, which will only cause additional fees to accumulate on top of one another.

There are three main types of no broker 247 instant cash loans for bad credit. Firstly, personal loans are unsecured loans that can be accessed immediately and without any collateral. Secondly, short-term 1 hour cash loans very quick funds help face small financial predicaments, and you can instantly apply for them, no cosigner needed.

Am I Eligible for an Instant Cash Loan?

Naturally, one of the first aspects to consider when taking out a loan is whether you’re eligible for it or not, so let us walk you through the requirements and needed documents that Perfect Payday loan providers look for.


  • Must be at least 18 years old
  • Must have a government-issued ID (as an Australian citizen or permanent resident)
  • Must have a good standing bank account (you provide read-only access to 90 days of bank statements so that an assessment of expenses and income is possible)
  • Must provide details regarding your liabilities, such as outstanding loans or credit card repayments
  • Must have a regular income (the steady paycheck can be from either jobs or government payments. If Centrelink is your income source, you need to prove that no less than 50% of your income comes from other sources.)

What Can an Instant Cash Loan Be Used For?

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There isn’t a single-use for this type of loan, but here are some ideas:

  • Rental bond
  • Car repairs
  • Buying furniture or white goods
  • Medical expenses
  • Debt consolidation
  • Emergency bills
  • Home renovation

What Is an Instant Cash Loan Amount and Term?

instant cash loan

After putting it to the test, Perfect Payday offers instant loans that range from £100 to £1000, and additional charges amount to £15 to £30 for a loan of £100, with no broker fees. Nevertheless, the exact loan amount is decided according to your finances and ability to repay loans.

Moreover, with instant loans, you get adequate time to repay them, and likewise, the exact repayment period depends on the loan amount, but generally, it can be a year or more. Some loans are repaid all at once, and others are repaid over several instalments.

Tip: For a rough estimate of your loan cost, use this online loan calculator.

How Do I Apply for an Instant Cash Loan?

Here, we’ll get into the three simple steps you need to undergo for a loan to be transferred to your bank account.

1. Apply Online

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This is where you supply all the needed information without any third parties or brokers involved, which should take you a few minutes. We’ll list the main details you’ll have to provide, in case you’re unsure what information is required:

  • Personal information, including name, address, and DOB
  • Phone number and email address
  • Reason for loan
  • Employment information and online banking
  • mGOV details (if you’re on Centrelink payment)

2. Have Your Application Evaluated

no credit check instant cash loan

Drawing from our experience, after sending in your application, it’ll take our loan providers only minutes to review your application and assess your financial status and your eligibility for a loan. You’ll then get matched with a lender according to the details you’ve provided, who’ll then send you a loan contract.

3. Get Your Cash

no brokers instant cash loans

To get your cash, you should review your loan contract and read its terms carefully. Some aspects to consider are the interest rate, which is the amount you’re expected to pay in addition to your principal amount in percentage and whether it’s fixed or variable.

Also, note the application fees, which can be one of two types: one-off, like establishment fees, and ongoing, like administrative fees, early payment policies, and penalty fees for early payment.

If you find the loan contract to your satisfaction, sign it, and send it to us for a quick money transfer. Of course, should you find the loan offer unsatisfactory, you can simply reject it.


Hopefully, this article has given you a firm grasp on cash loans in 60 minutes, no credit check, no brokers. They can be a lifesaver in financial emergencies since you can get them within hours of applying. Furthermore, the no credit check aspect is a relief if you have bad credit. And finally, these loans have the appeal of requiring no broker, guarantor, or collateral.

All you need to do is make sure you’re eligible for an instant cash loan, which isn’t a problem as long as you have a steady income and a good standing bank account. Then, you can apply for a loan within minutes by providing the necessary information, and if approved, get matched with a lender who’ll transfer the money to your bank account in no time.

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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