For bad credit personal loans and more,
let us find you a lender.

For bad credit personal loans and more, let us find you a lender
How To Get A Quick Loan With No Credit: The Pocket Cash Guide

How To Get A Quick Loan With No Credit: The Pocket Cash Guide

Want to know how to get a quick loan with no credit?

Are you wondering how to get a quick loan with no credit? Luckily for you, PocketCash can match you up with lenders that take a realistic look at your finances. That means if you have no existing credit you can still apply. Factors such as income, spending habits, and employment status will all be taken into consideration during your loan assessment. PocketCash shows your application to a variety of different lenders so you get the best chance possible at approval on a personal loan.

So, you no longer have to wonder how to get a quick loan with no credit, just turn to PocketCash! Good, bad or ugly credit, your best bet is to just apply and let us help you find a lender.

How do I choose the right lender?

PocketCash is a lender finder with a difference. You’ll fill in one application form and we’ll match you up with a lender that we think will be able to offer you the loan you need.

We understand that no two people are the same and, therefore, no two people’s financial situations are the same. At PocketCash, we partner with a variety of different lenders. That means you don’t have to do any comparing, the PocketCash team will do all the hard work for you. The best part is that we’re 100% online. That means no waiting in long lines at the bank or pages and pages of unnecessary paperwork. PocketCash cuts straight to the chase so you don’t have to waste any time at all.

Our team aims to pair borrowers up with responsible lenders, but it’s important that you know what to look for in a lender, too. What does it mean to be a responsible lender? Basically, a responsible lender sticks to the guidelines set out by ASIC and does the right thing by borrowers. A lender should never approve a borrower who does not have adequate means to repay their loan.

What Is A Quick Loan With No Credit?

A quick loan with no credit is basically just a loan for people who are worried that their credit rating might be inadequate. If you have not yet taken out a loan or currently are making repayments on a credit card then a loan with no credit could be for you. At PocketCash, we aim to find lenders who take a realistic look at your current relationship with money.

Our lending partners won’t just assume, they do their best to get you the cash you’re looking for ASAP! So, if you’re wondering how to get a quick loan fast, PocketCash could find you a lender for the job.

What Can I Do To Build My Credit Portfolio?

If you’re looking to build your credit portfolio then there are a few important things you can do to ensure your credit score is in tip-top shape! Now, we’re by no means financial advisors but have trawled the internet to see what the experts recommend.

Get Credit For Your Rent

If you’re looking for a quick and easy way to build your credit portfolio then you could take out a loan or use a credit card to make rent instalments. This is an excellent way to prove that you can make regular repayments – a great thing to have on your credit score! There are now services like Rent Track that let you build your credit rating by paying your rent on time – very convenient.

Get A Credit Card

Yes, we’re actually recommending that you get a credit card. Allegedly, making timely repayments on a credit card looks extremely good on your credit report. Remember, this is not so you can go wild and buy all the things you’ve never had before, we recommend you use the card like you would a normal debit card. Be sensible and make sure you can afford to repay what you’re actually purchasing.

Get A Personal Loan

A personal loan is a great way to build your credit portfolio. Making timely repayments looks very good on your credit report. We recommend only applying for an amount that you can comfortably repay. It is important to ensure the direct debits are aligned with your income to ensure no payments are missed or defaults incurred.

What If I Have Bad Credit?

On the other hand, there are applicants who have the issue of poor credit. That means they have not made repayments on time and have, therefore, incurred a mark on their credit report. If you’ve been googling ‘how to get a quick cash loan with bad credit’, or ‘how to get a quick personal loan with bad credit’ then you might have come to the right place. At PocketCash, we partner with lenders that do not base their assessment on your credit score alone. Factors such as income, current financial commitments and employment status form part of the assessment process.

If you’ve been searching for ‘no credit check loans guaranteed Australia’ then it is important to remember that lenders may conduct a credit score check when you apply for a personal loan. We do not claim to find lenders that offer no credit check loans guaranteed Australia. The good news is a bad mark on your credit score no longer has to mean you’ll be overlooked for a personal loan. So, if you’re searching for bad credit cash loans then we suggest you apply with PocketCash today.

What If I’m Receiving Centrelink Payments?

If you’re receiving Centrelink payments but looking for a lender that could still approve a personal loan then PocketCash could be the guy for the job.

When you submit an application our team will show it to a number of different lenders who take a realistic approach to finance. We’ll look for lenders who can take a look at the whole picture. They will need to assess what percentage of your income is drawn from Centrelink. That means we can not guarantee approval for every single applicant receiving Centrelink or Government benefits but we can guarantee you will receive a fair assessment. If you’ve been googling ‘how to get a quick loan without a bank account’ or ‘how to get a quick loan without a job’ it is unlikely you will be approved for a personal loan.

Who Can Apply?

If you like what you hear then you’ll be pleased to know that we like to keep the application criteria pretty simple here at PocketCash! So, here’s our application criteria:

  • Applicants must have an active mobile phone number and email address;
  • You must have internet banking set up;
  • All applicants must be over the age of 18;
  • You have had a regular income for the last 3-months into a personal bank account;
  • You must be able to prove you’re an Australian citizen or permanent resident.

What Documents Will I Need To Provide?

So, you’re ready to apply for a personal loan. Wondering what documents you’ll need to show us? Here’s what we suggest you have handy:

  • Your basic personal details (name, D.O.B etc);
  • Internet banking details (so we can securely access read-only copies of your bank statements);
  • The reason you are applying for your loan;
  • Your MyGov details (if you receive Centrelink or Government benefits);
  • Employment details and contact info of your workplace (we may need to get in contact in order to verify your employment status);
  • All applicants must be able to prove they are either Australian citizens or permanent residents.

Will My Lender Do An Employment Check?

Yes, a potential lender will most likely conduct an employment check. Never fear though, this is just a routine part of our assessment. Employment checks provide your lender with important verification. We partner with the best of the best in the lending game so there is no need to worry about security. Your lender will never disclose any of your personal or private information, including the reason why you are seeking a personal loan. We think that everyone deserves a fair go and we are proud to be partnered with like-minded lenders who do their best to find you a compatible loan product.

Why Might My Lender Require Online Banking Details?

A potential lender may require online banking details in order to access read-only copies of your bank statements. There is no need to stress, your lender won’t actually access your real bank account. Bank statements give your lender a better idea of your financial identity. At PocketCash, we do not leave security to chance. That’s why we only partner with lenders that use the latest in safe-banking technology. Your personal information and passwords will always be encrypted. If you’ve got questions regarding online banking just get in touch with your lender or the PocketCash team. Alternatively, you can head over to our FAQ page for more information.

How Can I Apply?

If you’re ready to apply for a personal loan then you’ll be pleased to know that we like to keep it as simple as possible. You could have your application completed in just a few minutes and a possible lender could be in touch in no time at all! Here’s how you could get started:

Apply Online

If you’re ready to get started all you’ll need to do is scroll up and use our loan calculator to select your desired loan amount and the repayment period. When you’re satisfied just hit the ‘apply now’ button and the PocketCash team will start assessing your application.

We Look For A Lender

The team at PocketCash will submit your application to a variety of different lenders. We do our best to find you the best match possible. If the team has been successful we’ll get back to you straight away. If we haven’t managed to find you a compatible lender we’ll be honest. The PocketCash team doesn’t want to waste your time. We cut straight to the chase.

Sign Your Agreement

Your new lender will send over an agreement for you to review and sign. The PocketCash team encourage all applicants to carefully read through their agreement and make themselves aware of any possible fees or charges that could incur from late or failed payments. If you’ve got questions do not hesitate to get in touch with your lender. When you’re comfortable with the terms of the contract just sign it and send it back.

Get Your Cash!

Once your new lender receives the signed contract they will transfer the cash straight into your account. If your lender and bank support instant transfer then you could have the cash in just 60 seconds. If not, the money will hit your account in the next round of banking. Simple, easy and hassle-free cash!

What Are You Waiting For?

So, what are you waiting for? Finding a lender to provide fast, reliable loans just got a whole lot easier with PocketCash. We do all the hard work for you so you can focus on what you do best! Get in touch with the team or head to our FAQ page for more information. If you’d like to check out the possible costs of a personal loan then click here.

Want To Know More?

If you’re keen to read more from PocketCash check out how you could get a personal loan with bad credit history.

Let our team show you how you could get a loan today!

Why choose Pocket Cash?