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Need to borrow some cash but don’t want to spend years paying it off? Swoosh Finance small short term loans are here to help! Borrow between $2,200-$5,000 dollars today and pay it off quickly! Our small secured loans are available whenever you need them. Whether it’s a quick cash top-up to see you through to payday, or extra money to cover those unexpected expenses!
Get quick approval with a
short term personal loan today
How short term loans work
Short term loans work in much the same way as other types of loans. You borrow a lump sum of money that needs to be paid back over a set amount of time. The biggest difference is in the length of the repayment period, which tends to range from a couple of weeks up to a year.
At Swoosh Finance, we aim to balance low repayment amounts with a short loan term. So all of our loans are secured against your car (or other vehicle) and come with a 12-month repayment period. That way you can settle your loan quickly and still benefit from easy, manageable payment amounts.
Rates and fees
Our simple cash loan structure is as follows:
| Online cash loan amount | $2,200 to $5,000 |
| Application Fee | $0 (even if your application is not approved) |
| Standard establishment fee | $400 |
| Other Fees | $16 (included in loan) |
| Annual Interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
| Flexible repayment options | Weekly, fortnightly or monthly (based on your payday) |
| Direct debit dishonour fee | $35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid |
We’ve got no hidden costs or monthly fees, all your payment information is listed in the table above.
Flexible repayments
To make it easy, we align repayment schedules with your paydays. You can set payments to be:
- Weekly
- Fortnightly
- Monthly
What are short term loans used for?
You can use your loan for anything you need, some common reasons are customers take out a short term loan include:
Unexpected expenses
Car repairs
Education
Weekend getaway
Bond payment
+ much more!
Whenever you need a fast cash loan, Swoosh Finance is here to help!
How to get a short term loan
With our fast application and approval process you can get a short term loan in just 3 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 receiving your 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!
Find out more about how to get a loan with Swoosh.
*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 for our short term cash loans
You can apply online for a short term loan as long as you meet our 4 simple criteria:
Are 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
Can I get a short term loan with bad credit?
Yes, you can! Bad credit shouldn’t hold you back when you need money. Circumstances change, which is why we look at your current credit history, not your past. That’s why we are able to help heaps more Aussies get the finance they need ASAP.
What makes Swoosh Finance the best short term loan company?
We always aim to be the best in the business when it comes to fast easy finance. So we pride ourselves on:
- Fast turnaround times
- Quick approval
- Accessible finance
- No paperwork
- 100% online loan applications
- Friendly customer service
Find out more about our short term payday loans or apply online today to get started!
Short Term Loan FAQs
Do short term loans affect your credit rating?
These are the main ways a short term loan will affect your credit rating:
- Making payments on time and managing your debt responsibly will help improve your credit score over time.
- ‘Hard checks’ on your credit file during the application process will cause a temporary dip in your credit score.
- Any missed payments and defaults will have a negative impact on your credit score.
How long is a short term loan?
Short term loans from Swoosh Finance come with a 12-month loan term.
Do short term loans have higher interest rates?
Short term loans tend to come with higher interest rates compared to loans with longer repayment periods. But you still might end up paying less on interest in the long run. Because although the rate may be higher, you won’t be paying it off for as long.
You could also pay the loan off faster and save on interest. Swoosh Finance customers are not charged any additional fees for early loan repayment.
Can I apply for more than one short term loan?
You can have more than one short term loan at a time. How many loans you can have will depend on what you can afford to service and what lender you apply with. You can also apply for a debt consolidation loan to borrow more money and roll all your loans into one payment.
Is a long term loan or short term loan better?
Assess your financial situation carefully before you make any decisions on new finance. If you borrow a small amount of money and can afford a higher interest rate, you may want to take advantage of the speed of a small short-term loan. But if you are taking out a large sum of money, then paying it off over a longer period will make the instalment amounts smaller and more manageable.
Can I get a short term loan with no credit check?
Credit checks are important risk assessment tools for responsible lenders and help keep consumers safe from predatory lending. Some lenders may offer no credit check loans if they use alternative methods to verify that you can service the loan. However, almost all reputable lenders in Australia will conduct credit checks, even if they offer bad credit loans.
Find out more: Do cash loans without credit checks really exist?
Testimonials
My refinance loan application was very easy and straight forward to navigate and complete and the prompt response to the application was very pleasing, very professional and with a fast turn around. Special mention going out to your staff member Coen for his prompt responses and professionalism in regards to my application.😊
Garry Capewell
My experience with Hannah and Kate was so great. They both helped me through with my application very respectfully and helped went through the steps to get me through to the final steps to assess my application. Swoosh. Finance is the best
numi
Ally has been spot on with her responses! Super and fast and reliable via email. She has been helpful throughout my application. 10/10 would recommend asking for ALLY if you choose to go with Swoosh.
Helen T
My experience with swoosh has been a good one. Stacey and Cohen have been very helpful towards helping me applying for a loan. I would recommend this services to my friends and family. I would defiantly come back in the future. Thanks swoosh team you guys have been very helpful.
Nai “Friszy01” Frisjina
Very happy with the help I got from the lady on the phone whose name was jade. Would like a bit more updates on the progress but all in all very happy with the people.
Michael Higgins
Great experience with this finance company over the years. They always do everything they can to help you and the turn around is very fast. Coyen is super helpful and a pleasure to deal with. His impeccable customer service and friendly nature is an asset to your business. Keep up the great work Coyen and Swoosh.
Jo Naisbitt
I’ve had a very stressful week and when I needed help I went to swoosh finance and they were swift to give me the helping hand I needed, Jelena was especially super helpful with quick responses and made the whole process very easy. Will definitely go through swoosh again 👍
Brendan Hedges
Jelena was great to deal with she was professional and made it all easy to understand. Would definitely recommend these guys again! ❤️
Kaitlyn Rea
Olivia was very helpful. Kept it simple for me to understand. Responded to my replies within minutes. 10 out of 10 for being professional and straight forward with what I needed to do. Have a good day!
Dino Mcpherson
I would like to thank Kate for her help today much appreciate her effort. She is very easy to deal with and very helpful.
Thank you
Graham Cowley
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
