This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems. Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
Are you a little short of cash? The best way out to consider is payday loans. These loans give you easy access to cash that will help you to stay afloat till your next payday arrives. Cash Loan Bad Credit is the right place where you can go through these loans offered by different lenders and choose the deal that suits your necessity.
The payday loan industry in Australia is thriving today. You can find numerous lending companies offering these loans. So, before you choose one it is important that you do your researches and understand them better.
Payday loans are small loans, offered for a short term. They can be applied to take care of short term emergencies. Once approved, the money will get deposited directly into your bank account. Compared to the other traditional loans, interest rates of payday loans are higher. Therefore, these loans are considered to be a favourable solution only if you can repay it back on time. If not, the interest will quickly pile up and can get you into debts and eventually hurt your credit score.
At Cash Loan Bad Credit we recommend that before you apply for payday loans, you understand the terms and conditions so that it is clear to you what the loan will cost you and what the consequences will be if you fail to repay it back on time.
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions.
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.
Do not pay any lender or broker an upfront fee to process your loan application.