Low rate personal loans for everyday
Apply for a hassle-free personal loan with competitive rates and flexible repayment options.
Why choose MyOzMoney?
We are all about making things easier for you.
Applying online takes less than 5 minutes. No paperwork required.
We'll give you a fast outcome on your application.
Competitive, personalised interest rates.
Apply online for personal loans of up to $50,000. We do everything online, making it faster and easier for you while keeping our costs low, so we can pass those savings back to you.
Competitive interest rates tailored to your financial situation.
Pay off your loan ahead of schedule without any extra charges.
Get quick access to your funds. Once approved, we’ll transfer the money instantly.
Choose a loan period and payment schedule that suits you.
Applying is easy
Follow these simple steps to apply for your personal loan.
Customise your loan
You have the power to choose the loan amount you want to borrow and the repayment schedule that best suits your needs.
Get your rate in minutes
It takes less than 5 minutes to get your rate, and it won't affect your credit score. Once you have your rate, it's your choice if you want to submit the application.
Fast access to funds
If your application is approved, we transfer the loan amount to your bank account straight away.
Ready to begin?
Get Approved for a Cash Loan Online
Get approved for a cash loan from MyOzMoney for between $2,100 and $50,000 all online. Quick loans have never been faster or easier to get than with MyOzMoney. We offer customers a fully online loans application and approval process. You complete your application form in less than 5 minutes and once your loan contract has been digitally signed, we transfer your new funds immediately. There is no paperwork, we don’t need to speak with your employers, and we probably won’t even need to call you. You get quick cash loans fast when you get approved for a cash loan with MyOzMoney.
Whether it’s small loans to cover you for right now or long term personal loans for larger expenses, we offer personal loans to everyone. Unlike conventional money lenders, we exist completely online. You apply online, you’re approved online, and your money is transferred instantly. In most cases, depending on who your bank account is with and how much you have requested, that instant transfer occurs within a few minutes of you signing the contract. You could have your new funds within the hour or by the next business day at the absolute latest.
How to get approved for a cash loan?
To be eligible for any of our credit products, you need to be currently employed, an Australian resident, and at least 18 years old. Applying takes a few minutes and we’ll ask you for details like your current employment and salary, any other debts you have, the amount of rent you pay (if you pay rent) and general identification details. We will also ask you for your online banking details. This is to give us read-only and completely secure online access to verify your application details. Using this kind of online verification is how we manage to speed up our easy money loans process.
We have an Australian Credit Licence and we believe in responsible lending. For example, Comprehensive Credit Reports (CCR) have changed the way lenders look at and assess the risk of new customers. The old credit score model would usually only reveal to a lender an individual’s credit past without taking into account any recent measures a person has undertaken to repair their credit history. With the new report, lenders get to see the last 24 months of your transaction history, or Repayment History Information (RHI). If you have a registered default against your name then we can see how you’ve tried to address it and assess the risk of offering you credit based on what you are doing, rather than what you didn’t do a few years ago.
We also have our own MyOzMoney rating system which takes into account your direct history with us. While your rating is mostly determined by your credit history and current financial status, it’s also based on how well you have performed with loans from us. We offer our customers variable fees and charges based on this rating and when you have successfully repaid one of our cash loans, your rating improves. With improved ratings, you access better loan terms and fewer costs. Fair, fast and easy finance.
The kinds of expenses a short term loan can help you with include emergency situations like repairs for your car, putting deposits down or paying for moving costs, including a bond loan to cover your upfront costs like helping you secure a new rental sooner rather than later. Easy money from MyOzMoney is the extra cash that you need access to right away. We tailor your instant loans to merge with your current lifestyle and try to ensure that the money we offer you isn’t going to mess up your existing living expenses or put too much strain on your cash flow. We don’t lend to people who are not able to afford their repayments, basically. It’s not fair and it’s not responsible.
But what if you’re in financial difficulty and you’re struggling to pay all of your bills and meet your other credit commitments? We won’t give you financial advice but there are a few credit products which may assist with managing bills and debts and combining them into a much easier single loan repayment like a personal loan for debt consolidation.
Often people aren’t aware that they can always refinance. Refinancing is a pretty broad term that basically means assessing all of your credit and bills, whatever monetary commitments you have going on right now, and seeing whether there is a smoother and cheaper way of clearing them rather than trying to pay out each of them separately. It’s an easy loan application and process, and you can complete it all online.
Refinancing is also a great option as you approach the end of any of your fixed rate loans. Having paid back the interest on the original loan, and only having a small percentage of their principal to go, you might be interested in rolling your old loan into a new one. Your new loan amount might include funds to cover an upcoming life event like an epic world travel adventure, renovations on your home or a wedding celebration. Holiday loans give you all of the cash you need upfront to take advantage of early-bird booking specials and perks and with MyOzMoney you could have easy money, ready to book your world tour, instantly. Generally speaking, fast cash loans are released instantly but if you’ve applied outside of business hours then it may take a business day for them to clear.
Get approved for a cash loan today anywhere in Australia. MyOzMoney offers finance across the country, including personal loans in Sydney, Brisbane and Melbourne. Apply online now to discover what you could be approved for.