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Borrow money quickly & easily with a Payday Loan

When unexpected expenses arise, Swoosh Finance is here to help with an urgent Payday Loan. Borrow up to $5,000 with flexible repayment options and no hidden fees. Our fast payday advance loans and 100% online application offer a simple and secure way to get the funds you need when you need them. We service all of Australia, so whether you’re in Sydney, Melbourne, Adelaide, Brisbane or anywhere else, we’re here to help!

Apply for $2,200-$5,000 today with a local Aussie direct lender!

Apply Online Now

Payday loan repayment calculator

How much do you need to borrow?

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The above uses a comparison rate of 47% and upfront establishment fees of $416.

Borrowing

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Interest & Fees

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Total to repay

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Weekly Repayment

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Start your application

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The above uses a comparison rate of 47% and upfront establishment fees of $416.

Apply for up to $5,000 in 3 easy steps!

Step 1:

Complete an online application: It only takes a few minutes on your mobile phone, computer or tablet.

 

Apply Now

Step 2:

Get Fast Approval: Approval is provided within 60 minutes of receiving the required information* (during business hours).

Step 3:

Receive your funds: Once approved and the contract is signed, the money is sent directly to your bank account.

How quickly can I get a small payday loan?

*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.

Why Choose Swoosh?

1. Fast approval: Apply online in minutes and receive a decision quickly
2. Flexible repayment options: Never worry about missing a payment, repayments are aligned to your payday
3. Transparent fees: No hidden charges, so you know exactly what you’re paying
Why choose Swoosh Finance

Application reviewed in minutes… by actual humans, not computers!

How It Works

What are payday loans?

Payday loans are short-term, small cash advances designed to cover expenses between paychecks. They are typically repaid in instalments over a fixed period with a fixed interest rate. Often secured by a vehicle, these loans offer quick access to funds and can be used for urgent needs like car repairs or medical bills.

The-Swoosh-Difference

Am I eligible to apply for a loan?

We offer various loan types to suit your needs:

  • Be 18 years or older
  • Have been employed for at least 3 months
  • Be a permanent resident or valid visa holder of Australia
  • Own a vehicle (like a car or motorbike) registered in your name

Payday Loan Eligibility | Swoosh Finance

Rates & fees

Loan amount $2200 to $5000
Application fee $0
Establishment fee $400
Other fees and charges $16
Annual Interest 47% (Comparison Rate 66.0347%)**
Term length 12 Months
Debit dishonour fee (if a scheduled payment is returned unpaid) $35.00
Repayment options Weekly, fortnightly or monthly (based on your pay schedule)

How payday loans work

Swoosh fast payday loans are an easy and 100% online way of getting extra cash in advance of your next paycheque. The cash will be deposited directly into your bank account once approved. And now with the option to use PayID instant loan transfers, you can get the cash even faster.

All our loans come with a short loan term of 12 months with manageable repayments aligned to your payday – either weekly, fortnightly, or monthly. The repayment will be automatically direct debited so you never have to worry about missing a payment. You can even pay the loan off faster with no extra fees or charges applied.

We like to keep things simple with our easy payday loans. Interest is calculated daily, based on the outstanding balance and then applied to your account. Daily interest rates are computed by dividing the annual interest rate by 365.

Find out more: Payday loans rates and fees

Are your pay loans secured or unsecured?

All of our loans are secured by a car, which you can continue to drive. That way you can get the easiest, fastest approval possible, and lower interest rates.

 

Can I get a loan with no credit check & instant approval?

As a responsible lender, we do not offer no credit check loans or guaranteed approval payday loans. However, we do provide bad credit loans and loans for people with no credit score.

You can get a payday loan as long as our assessors can verify you have the ability to repay the loan in your current financial situation. Most approvals are given within 60 minutes of submitting the required information. That’s pretty instant!

 

Payday loans for bad credit

It’s easy to get a payday loan with Swoosh, even with bad credit. Our expert assessors always consider every payday loan application on its individual merit. So you have the best chance of getting loan approval whether you have good or bad credit.

Ready to get your loan?

Whether it’s for an unexpected bill, a last-minute holiday, or to consolidate existing debt, give yourself a break and apply now with Swoosh.

Payday Loan FAQs

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Are payday loans legal?

Yes, payday loans are legal–and by law, payday loan lenders must lend responsibly. That means payday loan providers must assess your financial position and make sure you can afford to repay the loan without substantial hardship.

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Are payday lenders regulated?

Yes, these days, all payday lenders must act in accordance with Australia’s responsible lending laws. Responsible lenders need to take reasonable steps to ensure that you are able to repay the loan before they approve your application.

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Can I apply for a payday loan with Swoosh if I already have a loan with another company?

Yes, if you have other loans you can still apply for a loan with Swoosh. As responsible lenders, Swoosh will only approve your application if we believe you can afford to repay your loan.

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Do payday loans show on your credit report?

If a payday loan provider conducts a credit check when you apply for the loan, it will show up on your credit report. This is not necessarily a bad thing, however if you fail to meet your repayments on the payday loan, it will show up in your credit history as a default, which could negatively impact your credit score.

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Are payday loans easy to pay back?

As a responsible lender, Swoosh will only approve your loan application if we believe you’re capable of repaying the loan. Not only that, we’ll align your repayments with your payday so you never miss a repayment.

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What will my repayments be for a payday loan?

You can see your repayments up front by using our personal loan repayments calculator.

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What happens if I don’t pay my payday loan?

Our payday loans are secured loans, which means your vehicle is used as security for the loan. In the unlikely event that you do not pay your loan repayments, the lender is entitled to repossess your vehicle. However, at Swoosh this is very unlikely to happen, as we make every effort to ensure your repayments remain affordable should your financial situation change. If you need assistance making repayments or need to discuss your current financial situation, we have a dedicated team that can help you explore your options. You can contact them directly by sending an email to assistance@swoosh.com.au.

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Are payday loans fixed or variable?

All Swoosh loans come with a fixed interest rate, so you will know exactly what you will be paying.

No matter what you need a payday loan for, we're here to help!

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Testimonials

Swoosh Finance Star Rating sam johnston
Jade was really easy to deal with very efficient and I had no dramas understanding any of the things she needed to complete
sam johnston
Swoosh Finance Star Rating Donna Moroney
Caring excellent customer service very efficient fast with email replies very helpful every step of the way would highly recommend her
Donna Moroney
Swoosh Finance Star Rating clint bindley
I've always had a good experience with swoosh and today with Ana was no different, she gets back to me really quick and is easy to deal with
clint bindley
Swoosh Finance Star Rating Eric & Zephy
Carin has been really helpful in assisting me with my application. Very professional! Thanks so much Carin!
Eric & Zephy
Swoosh Finance Star Rating Melissa Wilson
Fast service friendly team. Ana has been wonderful. Recommending her highly.
Melissa Wilson
Swoosh Finance Star Rating Tales from the Crypto
Had excellent service bestowed my way with Swoosh, always up and ready to help. Stacey, Carin and others help out in every way possible, timely responses and overall a pleasure. Thanks Swoosh team :-)
Tales from the Crypto
Swoosh Finance Star Rating Naseer Mansour
Swoosh is a professional high quality business and would like to thank in particular Stacey and Ryan for their professionalism in dealing with customers and their knowledge and responsiveness to processing applications.
Naseer Mansour
Swoosh Finance Star Rating Tohi Ridings
Very helpful and very understanding. I dealt with Ana and she was an absolute pleasure to deal with.
Tohi Ridings
Swoosh Finance Star Rating J R
Great service..very helpful and hands on with customers. Process went smooth n fast. Thanks you Ana for your great help .much appreciated
J R
Swoosh Finance Star Rating Shayne Khan
Highly recommended if you meet the criteria, very helpful staff have dealt with them all on multiple occasions. Ana is amazing at what she does extremely easy to deal with and gets things done...
Shayne Khan
Swoosh Finance - testimonials

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