Low Income Loans
Cash Loans from $200 to $5,000 paid within 60 minutes
Cash Loans from $200 to $5,000 paid within 60 minutes
Unexpected expenses can happen to anyone - regardless of income level. Whether it’s a car repair needed to get to work, an urgent medical expense, an overdue utility bill, or a household appliance that suddenly stops working, financial pressure can arrive without warning.
CashDirect offers low income loans from $200 to $5,000 AUD for eligible Australians who may not meet the stricter income requirements of traditional lenders. Instead of focusing only on your credit history or income level, we assess your current income and recent banking activity to better understand your ability to repay.
Whether your income comes from part-time work, casual employment, Centrelink payments, freelance work, or a combination of income sources, you may still be eligible to apply.The application process is fully online, paperless, and designed for convenience. Apply anytime using your phone, tablet, or computer.
The overall process - from application to funding - typically takes around 60 minutes. Once approved, funds are typically transferred quickly via OSKO instant payment to eligible bank accounts.
Managing finances on a lower income can already feel stressful. Being declined by traditional lenders often makes things more difficult. CashDirect takes a more practical and understanding approach by reviewing your current financial situation rather than focusing only on your past credit history.
Income-Based Assessment Instead of Credit Score Gatekeeping
CashDirect does not rely solely on credit scores during the initial assessment process. We review your current income and recent banking activity to better understand whether repayments are manageable for you.A lower income does not automatically disqualify you. What matters most is having a regular source of income and an active Australian bank account linked to your application.This approach helps make financial support more accessible for people who may have been declined elsewhere due to income limitations or previous credit issues.
Flexible Loan Amounts from $200 to $5,000
Borrow only what you need. CashDirect offers loan amounts ranging from $200 for smaller urgent expenses through to $5,000 for larger financial needs.Smaller loan amounts help keep repayments manageable, while flexible repayment terms may help align repayments with your income cycle.
Early Repayment Options Available
If your financial situation improves, you can repay your loan early at any time. Early repayment may help reduce your overall loan cost and provide greater flexibility when managing your budget.
Applying for a CashDirect loan is simple and completely online.
Step 1 - Complete the Online Application
Fill in the online application form using your phone, tablet, or computer. The process is paperless and designed to take only a few minutes.
Applications can be submitted anytime, including evenings and weekends.
Step 2 — Speak with a CashDirect Concierge
Once your application has been submitted, a member of the CashDirect team may contact you to verify your details and discuss the next steps. This conversation helps ensure your application is reviewed with your full financial situation in mind rather than relying solely on automated checks.
Step 3 — Receive Your Assessment Outcome
CashDirect reviews applications based on factors such as current income, recent banking activity, and your ability to manage repayments.
If approved, you will receive a loan offer outlining repayment terms and important loan details.
Step 4 — Receive Your Funds
Once you accept your loan offer, funds are typically transferred quickly via OSKO instant payment to eligible bank accounts.
CashDirect offers different loan options depending on your financial needs and repayment capacity.
Small Loans — $200 to $2,000
Small loans may help cover urgent short-term expenses such as:
- Car repairs
- Medical expenses
- Electricity or utility bills
- Emergency travel costs
- Household essentials
Repayment terms generally range from approximately 3 to 12 months.
Medium Loans — $2,001 to $5,000
Medium loans are designed for larger financial needs, including:
- Major vehicle repairs
- Dental procedures
- Larger household expenses
- Debt consolidation
Repayment terms generally range from approximately 6 to 24 months.
Please note that medium loans may require security, such as a vehicle, along with minimum income requirements.All CashDirect loans include the option for early repayment without penalties.
CashDirect welcomes applications from Australians with a variety of income types and employment situations.
To apply, you generally need to:
- Be at least 18 years old
- Be an Australian resident or hold a valid Working Visa
- Have access to a mobile phone and email address
- Receive a regular source of income
- Hold an active Australian bank account
For our Small Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn’t apply. These are fee-based only, and so they don’t have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed.
For example, a loan of $1,000 repaid over 4 months equates to a total payable of $1,360. This is comprised of $1,000
principal (the amount borrowed), $200 establishment fee, and a total of $160 in monthly fees.
For our Medium Loans between $2,001 and $5,000. The base interest rate may vary depending on the loan product. The maximum rate we use is 48% and an Establishment Fee of $400.
Terms for our Small Loans are up to 3-12 months, and for our Medium loans, it is 3-24 months. With each, you can
repay your loan any time without being charged additional fees, and it will reduce your interest and fee cost overall.
Cash Direct Pty Ltd (ACN: 129 259 605; Australian Credit Licence 393862) is a specialist in providing cash loans to its customers when they need it
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