Accessing cash when you need it most!

Want some instant cash to meet emergency expenses? You can get online loans same day from a wide range of lenders! The trouble is, which one? Searching for the right lender can be time-consuming and may not always result in an approval. 

Applying for personal loans through Pocket Cash is super-easy. The application is 100% online meaning you can submit it on the go or from the comfort of your own home. Unfortunately, we can’t guarantee that your application will be approved on the same day or that you will get your cash the same day you apply. That ultimately depends on the lender. We can guarantee, however, a speedy and seamless process that you can breeze through. 

Keep reading to learn more about same day cash loans or scroll up now to get started on your application!

What are same day loans?

Same day loans are fast personal loans. The name stems from the fact that the loan request is approved on the day of the application itself. Typically they are for people who are looking to settle an unexpected bill that day so they can get on with their life without any added hassle or stress.  

There has been a surge in the demand for online loans with same day approval. This is most likely because of the growth of internet banking and private lenders who can provide easy, online finance. Same day loans can have a host of benefits but finding the right lender isn’t always easy.

Pocket Cash: Who are we?

If you’ve been searching for ‘online loans same day’ you’ve come to the right place.  Pocket Cash is a lender finder that connects Aussies in need with fast online lenders. Apply for up to $10,000 through our easy online application and we’ll do the hard work for you! 

Our systems search the web for a lender capable of offering you the loan you need. So, all you have to do is sit back and relax while we hunt for the right match. We’ll work to find you a lender that’s likely to approve you for a loan to ensure you get a better chance of getting online loans same day.

Are same day loans safe?

Compared to traditional bank loans, same day loans from online lenders are not massively different in terms of the information required and the assessment process. While traditional banks can take days to approve a personal loan, some online lenders can provide their products on the same day you submit your application. This faster speed of loan approval and disbursal often misleads many to think that such loans are unsafe. Yet, all credit comes with some level of risk.

At Pocket Cash, we only work with reputable lenders. At the end of the day, we have no control over a lender’s loan offering. So, it’s important you ensure you’re fully aware of your lenders’ history and the conditions of their loan before you agree to sign.

Does Pocket Cash offer online loans same day?

Pocket Cash is a lender finding service so we cannot provide same day loans ourselves. However, we can help you find lenders offering online loans same day. Thanks to new instant banking technology, many online lenders can now instantly transfer your money upon approval. While we can’t guarantee you’ll be approved for a loan, we will do our best to match you with an appropriate lender. Beyond that, it’s up to them! We have no control over their assessment or approval process. So, if we do find you a lender, make sure you check these conditions with them.

Who is eligible?

At Pocket Cash, we won’t make you jump through hoops. To be eligible to apply with us you need to be: 

• At least 18 years of age 
• A citizen or permanent resident of Australia. you must have an address 
• Receiving a regular income as of the past 3 months

How do I apply?

Applying for online loans same day is simple with Pocket Cash! Just follow these steps and you’re golden: 

Step 1: Apply online

To begin, scroll up to the top of this page to find our loan calculator. Using the slider, select how much you’d like to borrow and the repayment period. Hit ‘Apply Now’ when you’re happy. 

You’ll then be taken to our 100% online application. This usually only takes minutes to complete. Once you’re done hit ‘Submit.’

Step 2: We get to work

Once we’ve received your online submission, we’ll get to work while you relax! If we find a match, then your lender will get to work assessing your application and putting together a suitable loan offer. Once your lender has determined your eligibility for a loan, an agent from that company will get in touch with you to go over some final details and let you know if your application has been approved or not.

Step 3: Get your cash

If you’ve been approved for a loan, congratulations! If your bank enabled NPP enabled transactions then you could get your cash in as little as 60 seconds. However, transfer times vary between lenders so make sure you speak to them directly to find out when the cash will hit your account.

Can I get a loan with bad credit?

A bad credit score is not always a punishing factor. Many online lenders allow you to borrow money despite having a poor credit rating. Pocket Cash works with a range of loan providers that offer bad credit finance options. While your lender may still check your credit score, it may not be the make-or-break factor in their loan approval process. Some lenders prefer to look at the big picture of your recent financial health when assessing your application. Your present income, Centrelink payments, liabilities, job, etc. come into the picture alongside your credit history. So, there’s no need to stress about bad credit when you apply with Pocket Cash. We’ll work hard to find lenders capable of offering you online loans same day, regardless of your past!

What could I use my loan for?

Same day loans are fixed personal loans. Their “personal” nature allows generally unrestricted use of the cash transferred to your account. That means you could get a loan for medical expenses, bond payments, travel costs or even white goods. Life is full of uncertainties! Unexpected expenses or financial emergencies are almost impossible to predict. So when the worst happens, finding online loans with same day outcomes can offer a big relief. Pocket Cash can help you find lenders offering fast personal loans that are perfect for those urgent needs. So when you need a loan fast, think Pocket Cash!

How do I improve my chances of approval?

• Check the eligibility criteria thoroughly and apply for a loan only when you are sure of your eligibility.
• Apply for a loan amount you can easily get. Don’t apply for a loan you cannot afford or unable to repay. Use the online calculator to check how much you have to pay every week or month for a particular amount of loan. 
• Get your credit history fixed before you go for a quick same day loan. A good credit rating is one of the most important boosts to your loan application. 
• Minimize or eliminate your debt liabilities. If your financial condition does not look good, you have a lesser chance of securing any type of loan.
• Start making regular savings. When your bank account shows a regular habit of saving money, this will improve your chances of approval. This strengthens your claim for a loan.
• Smaller and short-term loans are quickly approved compared to a large loan. Restrict your loan amount unless you need more cash.
• Clear all your utility bills before applying for a loan. Start the process a few months before you apply so that it is reflected in your credit rating.
• Reduce the debt-to-income ratio and limit the credit utilization on your card to 40%.

Get your cash today!

We know that sometimes people need cash urgently and that’s why we work hard to get you the cash you need as soon as possible. If you are looking for online loans same day, submit your application to Pocket Cash as soon as possible! We’ll work hard to find you a lender and get back to you with an outcome in minutes. So, why wait any longer? Scroll up now to get started on your application!

Still have questions? Head over to our FAQ page or get in touch with a member of our team. 

For financial guidance, refer to the government’s MoneySmart website.

Guaranteed loan approval no credit check – does this exist in Australia? Find out with Pocket Cash!