Borrow fast money with a Payday Advance Loan
When unexpected expenses arise, Swoosh Finance is here to help with a small Payday Advance Loan to tide you over till your next pay. Borrow up to $5,000 with same day approval for eligible applications. Swoosh offers flexible repayment options, no hidden costs, and no early repayment fees, even to those with bad credit. If you need an urgent cash advance to help you cover unexpected costs, you’ve come to the right place.
Get a fast money loan today with our 100% online application process.
Apply for $2,300-$5,000 today with a local Aussie direct lender!
Apply Now
Apply for up to $5,000 in 3 easy steps!
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Complete an online application: It only takes a few minutes on your mobile phone, computer or tablet.
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Get Fast Approval: Approval is provided within 60 minutes of receiving the required information* (during business hours).
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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 cash 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?
- Fast approval: Apply online in minutes and receive a decision quickly
- Flexible repayment options: Never worry about missing a payment, repayments are aligned to your payday
- Transparent fees: No hidden charges, so you know exactly what you’re paying
Application reviewed in minutes… by actual humans, not computers!
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.
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
Rates & fees
| Loan amount | $2,300 – $5,000* |
| Fees: |
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| Annual Interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
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Debit dishonour fee (if a scheduled payment is returned unpaid) | $39.95 |
| Repayment options | Weekly, fortnightly or monthly (based on your pay schedule) |
How our small secured 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.
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
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!
What if I have bad credit?
It’s easy to get a small cash loan with Swoosh, even with bad credit. Our expert assessors always consider every payday loan application on its individual merit and look at your current financial situation. 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
Got questions? We’ve got answers. Find find out more about applying, repayment, eligibility, credit & more.
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.
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.
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.
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.
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.
You can see your repayments up front by using our personal loan repayments calculator.
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.
All Swoosh loans come with a fixed interest rate, so you will know exactly what you will be paying.
All of our loans are secured by a car (or other vehicle), which you can continue to drive. That way you can get the easiest, fastest approval possible, and lower interest rates.
