Low rate personal
loans up to $50,000

Competitive rates from 7.95% p.a.
(9.33% p.a. comparison rate*),
with same-day money transfers.

*This comparison rate is based on our personal loan for an amount of $30,000 over 5 years, a $495 establishment fee and a $10 monthly fee. 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.

Why choose MyOzMoney?

We are straight forward,
great to deal with and are all
about making it easier for you.


Quick application

Applying online takes less
than 5 minutes. That’s fast.


Easy to complete

It’s so quick and simple,
with no paperwork required.


Same day transfer

Once approved, we send cash
straight to your bank account.

Borrow Money

We are the online loans specialists making it quick and easy to borrow the money you need when you need it. Access to fast finance options like personal loans or quick cash loans can help you cover expenses quickly or offer you the flexibility to take advantage of a great deal when it comes along. If you’re looking to borrow money fast, then easy cash from MyOzMoney could be just what you’re looking for. Apply online now for a range of easy finance options tailored to what you need. Applications take just 5 minutes to complete, and we cover all of Australia so you can apply for personal loans in Sydney, Brisbane and Melbourne all in one place.

What are all the different ways to borrow money?

There is a range of credit options available in Australia including fixed-rate personal loans, ideal for not only for larger purchases like a new car, but for smaller expenses in one go. There is also a line of credit that works like a credit card but offers you access to fast cash loans you can transfer directly into your account. 

Cash loans come in the form of a lump sum payment paid directly into your bank account. This amount is then repaid over a set period at fixed repayments that are directly debited from your bank account. Your loan contract will detail the interest rate that you are paying as well as the total cost of the loan over the entire loan term. It’s a good idea to compare finance options before you commit so that you know that you’re getting the best rates and the best levels of flexibility for what you need. For example, if you are in a position to repay your instant loan from MyOzMoney ahead of schedule then we won’t charge you early exit fees, unlike other finance providers. If you’re struggling to make your repayments, then we can help with that too. 

Use our online personal loan calculator designed to give you an indication of what you can borrow and what kind of interest rate you will likely be offered when you are approved for both long term personal loans and short term loans. It will break down your total payable amount into two sections: the principal loan amount and the interest payable. It will also show you what the percentage of your repayments go toward paying off the principal loan amount (the actual amount you have borrowed) and the percentage of interest you are paying each month on that principal loan amount. Using this kind of calculator can help you budget for your expected repayment amounts ahead of time.

Short term loans in the form of a revolving line of credit is a flexible alternative to small personal loans on fixed repayment schedules. Rather than giving you a lump sum amount credited directly into your bank account, they offer you a type of cash advance and the option of drawing down on a pre-approved credit amount. 

The MyOzMoney line of credit is designed for flexibility and ease. You can get approved for up to $15,000 with our credit line option. Once approved, you choose how much you wish to draw down on your approved credit amount and then either repay that amount instantly or in instalments, at your own pace.

How can I borrow money fast?

MyOzMoney is an online lender specialising in offering fast cash for customers who don’t want to waste time with complicated application processes. We offer a completely online application process designed to take you just 5 minutes to complete and submit.

 When you have a loan amount that works for what you need and will be comfortable to repay, you simply log on to the MyOzMoney website and apply to borrow money online. Our application process takes 5 minutes to complete, and approvals are usually instant. Once your loan contract has been digitally signed then your new funds are transferred immediately. This means that customers could receive their new funds within 24 hours, or even sooner than that, depending on which bank your account is with.

Where can I borrow money with bad credit?

Your credit score is one of the lending criteria that goes toward assessing what kind of credit risk you pose and if your credit score could be better, or if you don’t have one at all yet, starting with small loans can help you build up to bigger ones. For credit customers who don’t have a credit history yet, or perhaps have had trouble with maintaining a good credit rating, taking out quick loans for smaller amounts could help improve your chances of scoring a better interest rate on larger low credit score personal loans in the future. 

Responsible lending is necessary for ensuring that the lender you have applied to for your instant loan is not exposing itself to high-risk customers and that their customers can comfortably repay their loan over the loan term. When evaluating loan and credit customers, MyOzMoney will take into account your salary, your current living expenses (rent, bills, other credit commitments, etc), and what you need your loan amount for. As an Australian Credit Licence holder, we are committed to strictly adhering to responsible lending, helping to offer customers affordable loan products.

To be eligible to borrow money from MyOzMoney, including same day loans, you will need to be at least 18 years old, be a permanent resident in Australia, and be currently employed. If you tick all of those boxes, then it’s time to apply online right now. Borrow money today from MyOzMoney.

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