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Living in the 21st century means we expect things to be fast – and that includes getting a loan. That’s why Swoosh offers Same Day Money Loans as a way to get fast cash for any emergency, urgent, or unplanned situation. All our small personal loans use a car as collateral. This means we can offer same day loans for bad credit and provide quick cash to a wide range of Aussies.
Apply online to borrow between $2,200 and $5,000 today with one of our secured same day loans.
How to get loan approved immediately
What are same day loans?
Same day loans are a type of fast-approval personal loan used for emergencies or unexpected costs. They allow you to borrow a small amount of money quickly so you can get the funds approved the same day you apply. Often you can also get the money in your account that very day.
How quickly can I get a loan?
We pride ourselves on our quick easy loans for Aussies who need money now. So, if an application is completed during normal business hours, our quick online loan approval usually comes within one hour (60 minutes) of receiving all required information and documents from you. Once a contract is signed electronically, we’ll deposit the funds directly into your bank account. And if you opt for PayID money transfer, you can get the cash transferred in an instant*.
For contracts returned by 3:30pm AEST, your funds will be transferred overnight, so you can have your Fast Cash Loan within 24 hours!
*Speed of approval is conditional to receipt of all requested relevant documents/information.
3-step online loan process
Our same day loans are a simple 3-step online application process. You can submit your application online today and receive the money into your bank account without the need for an in-person consultation.
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.
Start your loan application
*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.
Eligibility
To be eligible to apply for a small same day loan from Swoosh you only need to meet 4 criteria:
Be at least 18 years old
Employed for at least 3 months
Be a permanent resident or valid visa holder of Australia
Own a vehicle registered in your name
Fees and interest rates
Our bad credit same day loans can be paid back over 12 months. There are no fees and hidden charges, and no penalties for paying back your loan quicker, so you can pay it back as soon as you are ready.
| 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) |
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
Same day bad credit loans
You can get a bad credit same day loan with Swoosh. We look at your current financial situation when we assess your application, so your bad credit history is just that, history.
Apply online for same day loan approval
If you’re ready to apply, complete our online application form and we’ll get back to you shortly – there’s no need to sign up for an account!
3 reasons to trust Swoosh & get a loan today
1. It’s easier to make repayments
To make life stress-free and easy, we align your repayments with your payday so you don’t miss a repayment. We also only approve your loan application if we believe you can repay it.
2. We’re transparent about our rates and fees
With Swoosh, there are no nasty surprises. We let you know what you can expect to pay up front. Plus, if your financial situation changes and you find yourself struggling to make your repayments, just give us a call and we’ll work something out.
3. We’re an Australian responsible lender
Led by finance experts with years in the industry, Swoosh has been responsibly lending to Australians in need of quick cash since 2014.
Find out more: About Swoosh
FAQs
How can I borrow money and get it today?
If you need a loan today, you can apply online with Swoosh – as long as there are no delays in receiving your information and you’ve applied early enough in the day, you should receive the funds by the end of the same day.
Can I apply for a same day loan online?
Yes. At Swoosh, our loan application process is 100% online.
What happens if I apply outside of business hours?
If you apply outside of business hours, we will review your application as quickly as possible the next business day. We may need to contact you to verify details or obtain extra information and documentation. The quicker you respond, the quicker we will be able to approve and process your loan.
Can I apply for a Same Day Loan with Swoosh if I have an existing loan with another company?
Yes, if you have other loans you can still apply for a Same Day Loan with Swoosh. As responsible lenders, Swoosh will only approve your application if we believe you can afford to repay your loan.
Testimonials
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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
