Low rates that
beat the banks

Transforming the way credit works

Our short term loans are designed to help you cover costs quickly and without pain. We are the next generation of credit and have tailored our application process to ensure that you receive the fastest and most convenient short term loan.

Because we understand this generation’s constant need for instant credit services and convenient solutions, we provide quick access to products such as unsecured personal loans, line of credit and virtual credit card. They are all entirely online, straightforward, fast to get and with absolutely no hassle.

We are exceeding the digital standards. When you apply with us, we process and approve your loan application using our advanced technology and machine learning algorithms to ensure you get outcomes fast. How it works: Simply complete your application online, get approval within minutes and sign off your contract online. And depending on who you bank with, your money can hit your bank account in as little as 60 seconds.

Secure and responsible lending

As a responsible lender, we look at a range of factors such as your credit history, income, debt obligations and living expenses to provide you with fair and tailored loans. We also ask for your online bank statements which we can only view as read-only 90-day documents in PDF format. We use the same security that your bank does, and rest assured that MoneyMe can’t access your banking details. These snapshots, together with your personal, employment and spending details, are all we need to come up with a decision for your same day loan application.

Get quick access to short term cash loans and express cash loans up to $50,000 when you apply with us, or our easy loans which you can access online through a quick and seamless loan application process. With MoneyMe, you can have the extra cash you need exactly when you need it.

How to get a short term loan

Unlike traditional money lenders, MoneyMe provides fast credit solutions using smart data technology, making the application process for quick cash loans smooth and easy. To be eligible to apply with us, you must be employed, an Australian resident and above 18 years old. The old lending process used to rely only on your credit file. And while your credit report and credit rating are crucial parts of the approval process, the new credit statements include a comprehensive report that shows the last 24 months of your transactions. This allows your prospective lenders to see not only your past scores and defaults but also your positive credit behaviours. With the new comprehensive reports, the outcome of your loan application becomes accurate and fair.

Get access to better loan terms

If you’re a customer with a history of positive repayments, we can re-evaluate your profile and may be able to offer you better loan terms, fees and charges. Do not fret if your credit score is not up to par at the moment, because there are a range of factors that we consider in order to come up with a customised rate for your cash advance or variable rate loan application.

Fast and easy credit solutions

MoneyMe provides quick access to credit solutions for your everyday needs. You can apply online for small loans if you need extra cash to cover unexpected expenses, quickly and hassle-free. If you’re looking to pursue a career development or spend your holiday abroad, we offer larger credit products like student loans and travel loans.

Turn your dream home or wedding into a beautiful reality with our quick and easy application and approval. You don’t have to think twice or wait around to finally make the bold move. With accessible credit products, you can smoothly and easily fast track life’s big moments.

Rates tailored to you

We believe in fair and responsible lending. We tailor your rates for a short term loan or larger loans like school loans or university loans to make sure you are comfortable with repaying your loan and maintaining healthy cash flow. Our online loan calculator is a useful tool that provides you with a preview of your repayments and loan terms. It gives you an indication of what your interest rates will be for your fortnightly or monthly repayments.

If you need quick cash, you could opt for our mini loans. Use it to pay for your rental bond or book your next holiday. You can also borrow money to help you with managing bills and sorting out other financial commitments in a lump sum. With credit products within your reach, life becomes easier.

Here at MoneyMe, we make access to credit seamless and straightforward. Our short term loans, larger loans and virtual credit cards are all designed to cater to the on-the-go lifestyles of Gen Now. We make it easy to access the money you want, when you want it. For smarter, faster and simpler lending options, choose MoneyMe. Apply now for a short term loan and other credit products and get results in minutes.

Short Term Loans

When it comes to short term loans, MoneyMe provides you with a safe, convenient, and quick option that will surely leave you satisfied. With our digital financial service company, you are always free to ask, ‘How much can I borrow?’ and expect an accurate answer.

This is because, unlike other short term money lenders in Australia, we allow you to secure a cash advance without any hidden fees or fine print. This way, you can experience full transparency and determine just how much you have to pay for your future renovation loans, boat loans, or wedding loans.

Invest in our services today and have your loan request approved within minutes. You can even get the option to utilise our 100% free personal loan repayment calculator before you borrow money.

Why do short term loans have higher interest rates?

Finance lenders such as banks generally charge a high average personal loan interest rate for short term loans. This is mainly because the amount being borrowed for short term loans is smaller than that for long-term loans – meaning that higher interest rates must be applied so they can regain the cost of arranging the service.

By contrast, with long-term loans, money lenders will give you lower interest rates, a larger loan amount, and more time to repay. However, a longer loan term could also mean you will end up accruing more interest charges over the course of the loan.

With the short term loans at MoneyMe, you can have your cake and eat it too. You will be offered lower interest fees at the repayment term of your choosing – at a minimum of just six months!

Do short term loans affect credit rating?

At MoneyMe, even your short term loans affect your credit rating. Provided that you repay consistently – the more you borrow, the higher your credit rating will be.

In the long run, this will benefit you as your MoneyMe credit rating affects the interest rate of your future personal loans.

For instance, if we check your short term credit report history and see that you have always been repaying the proper amount on time, then we can increase your score to ‘A1+ - Impeccable’. As a result, your interest rate would be lower than that of a starting client with a regular rating from us.

Do short term loans have higher interest rates?

Quick short loans from traditional providers such as banks and credit unions typically have higher interest rates. This is because short term loans involve only a small amount, and these financial institutions need to cover the costs of providing the loan service. They can only earn by increasing the interest rate.

However, with MoneyMe, the aggregate interest won’t cost you an arm and a leg. We provide short term loans with the advantage of lower interest rates since we understand your financial needs in this day and age.

Instead of focusing on maximum profit from client loans, we value your experience more. By giving you the best of both worlds, you can spend on what you want without the drawback of paying incredibly high-interest rates on your short term loans.

Are short term loans current liabilities?

While short term loans from banks and unions are seen as liabilities due to the combination of high-interest rates and limited time to pay, that is not the case with MoneyMe.

Our short term loans have low-interest rates so you can repay in a comfortable manner, delight in your purchases, and rest easy at the end of the day.

With our services, we always keep your well-being in mind. That is why we won’t let you loan more than what you can realistically pay.

On top of that, when we approve your loan, we adjust your repayment schedule based on your personal income pay cycle. Doing this will make it seem like your loan is less like liability and more like a convenient process before the payday.

How do short term loans work?

An instant short term loan from MoneyMe works through a simple three-step process.

First, log on to our website or smartphone application to create an account. However, it is important to take note that to be eligible, you must be over the age of 18 and an employed resident in Australia.

Next, fill in basic details about yourself without the need of printing bank statements or filling up piles of documents.

Lastly, confirm your online request and then sit back as we process your details in just a few minutes.

Neat, isn’t it? Join MoneyMe today to enjoy a same day short term loan!

What are short term loans used for?

At MoneyMe, our short term loans can be used in a variety of ways. With our fast approval rate, you can use the funds you borrow whenever you want and for whatever you want. The choice is yours when you sign up for an account on our platform.

Whether you are in an emergency situation and need money as soon as possible or simply cannot wait for the next payday to get that limited-time winter sale offer at the store – the possibilities with our services are endless.

Does short term loans account include interest?

Here at MoneyMe, we only charge you what’s necessary as we understand the hustle and bustle associated with Generation Now.

Our short term loans include interest that is lower than that of traditional providers such as banks and credit unions. With our safe and convenient option, you won’t even feel the weight of the loan as we are dedicated to making your experience as pleasant as possible.

On top of our low interest, you can expect lightspeed results, full transparency about the amount to be paid, and responsive customer support available all week long.

Who give short term loans?

While there are a number of lenders that provide short term loans, MoneyMe stands out from the rest.

With our services, you are getting low-interest rates with the added benefit of a convenient, quick, and online process. Unlike other providers, MoneyMe won’t require you to fill up mountains of physical paperwork for approval that will only come weeks after.

Aside from this, you can be offered the opportunity to get a loan even if you don't have a pristine credit history. At MoneyMe, we take into account other important factors – not just your raw credit score. Here, we consider your income, debt obligations, and overall living expenses to make a fair loan decision.

So create a MoneyMe account today, apply for short term loans, and enjoy life by purchasing what you want and need!