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Waiting for payday to arrive and in need of emergency cash? An emergency is defined as a sudden serious situation that needs immediate action. And when you find yourself in such a situation, Emergency Loans from a direct lender like Swoosh are an easy way to get money ASAP.
Apply for a loan with Swoosh online and we’ll get your emergency cash into your bank account fast.
How to Earn Money Fast
Emergency reasons to borrow money
You can get an emergency loan for anything you need. Some of the common emergency reasons to borrow money include:
- Unexpected car repairs
- An emergency vet bill
- Burst plumbing at home
- Medical expenses
- Emergency bond loans
- Emergency dental loan
Swoosh emergency loans are for anything that you did not see coming. If you are after a quick loan of up to $5,000, we can help. Our 100% online application process is fast, easy, and hassle-free so you can concentrate on dealing with the emergency.
Find out more: Types of Emergency Loans
How to get an emergency loan
We aim to make our emergency fast cash loans as simple as possible. Because when you need cash urgently, the last thing you want to deal with is a long application.
Here is how you can apply to borrow same day emergency money in just 3 easy steps:
1. Complete an online application on your mobile phone, computer or tablet. Applications only take minutes.
2. Approval of your loan is provided within 60 minutes of you providing require information (during business hours)*. The decision will arrive promptly – right in your inbox.
3. After approval, an offer is sent to you via email. Once you’ve signed the contract, we’ll send the money directly to your bank account.
Apply for an emergency loan today
How quickly can I get an emergency cash loan?
You can apply 24/7 with our online application form – it only takes minutes to fill out. Once received, we can get you the money you need on the same day you are approved (within business hours)*. Because when you need emergency cash immediately, you don’t want to wait around for a long, drawn-out approval process.
Read our guide on instant approval personal loans.
*Approval speed is conditional upon receipt of all requested relevant documents/information & usually comes within 1 hour during normal business hours/banking days. If you return your contract by 3:30pm AEST, your funds will be transferred overnight.
How do emergency loans work?
You can borrow money in an emergency by applying online and submitting all the required information. Once you have the cash you can use it for any type of emergency and pay it off in easy instalments over 12 months.
Easy, flexible loan repayments
To make life stress-free and easy, we align your repayments with your payday so you don’t miss a repayment. You can choose to have weekly, fortnightly, or monthly payments. We also only approve your loan application if we believe you can repay it.
Emergency loan requirements
To be eligible to apply for a Swoosh Same Day Emergency Loan, you only need to meet the following simple requirements:
Be over 18 years old
Citizen/Permanent Resident of Australia
Employed for at least 3 months
Own a vehicle registered in your name
Fees and interest rates
There are no hidden fees and charges with our fast cash loans. We also don’t add any extra fees if you pay back your loan sooner than scheduled. So you can pay it back as soon as you’re ready.
Our fees include:
- $0 application fee (even if your application is not approved)
- $400 establishment fee (included in the amount borrowed)
- $16 PPSR and security check (included in the amount borrowed)
Keep in mind that you may incur additional fees each time you miss a payment, and this may affect the length of your loan.
Interest is calculated daily based on the outstanding balance and is applied monthly to your account. Your interest rates are fixed for the loan term — so you know exactly what to expect.
If a scheduled payment is returned unpaid, we may issue a $35.00 debit dishonour fee. This fee is not subject to interest, though you’ll continue to pay the usual interest charges as described.
Find out more: Payday Loans Rates and Fees
Can I get an emergency loan with bad credit in Australia?
Yes, it is possible. We offer emergency loans for bad credit because we believe your credit history is exactly that – history. Responsible lending is our core principle and we consider every emergency loan application on its individual merit.
Can I get an emergency loan with no credit check?
At Swoosh, we believe that your credit rating isn’t the ‘be all and end all’. So while we do conduct a credit check when you apply for a small cash loan, we base your loan offer on your current financial situation not your past credit history.
Can I apply for a with Swoosh if I have an existing loan with another company?
Yes, if you have other loans you can still apply for an emergency loan with Swoosh. As responsible lenders, Swoosh will only approve your application if we believe you can afford to repay your loan.
FAQs
What are emergency loans?
Emergency Loans are a type of personal loan where you borrow a lump sum of money and pay it back in instalments. They are characterised by having fast application processing and approval times, as well as being accessible to a wide range of credit ratings.
How much emergency money can I borrow with a loan?
You can borrow between $2,200 and $5,000 with an emergency cash loan from Swoosh to cover any unexpected expenses.
Where can I borrow money for an emergency?
Swoosh is a 100% online private lender. So you can apply online 24/7 from anywhere in Australia and get cashed up ASAP. You don’t need to stress about any messy paperwork or finding a physical location near you.
Can I get an emergency loan with a low income?
You may still be eligible as long as you are employed for at least 3 months with a consistent income. As responsible lenders, we need to verify that you can reasonably repay your loan.
What emergency loans are best for bad credit?
Bad credit loans are a type of personal loan that cater to people with low or poor credit ratings. They are usually fast and easy to access in an emergency, which makes them a popular emergency loan option.
What do I do if I need cash urgently?
You can apply for a Same Day Loan or check out our blog on how to earn money fast for ways to get urgent cash when you need it.
Can I get the cash instantly?
Looking for instant cash? We offer PayID, which means that as soon as your loan is approved and you return the signed contract, you can have the money deposited directly into your bank account.
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The Swoosh difference
Our Cash Loans are available when you’re in a pinch — and we work hard to make it happen fast.
We put you first, ensuring you have all of the information upfront.
Swoosh Cash Loans give you the funds you need now from a lender you can trust.
Want to chat to someone?
Use our live chat or fill out the contact form to get in touch with a Swoosh Finance specialist
