Need to Borrow Money Now?
Unexpected life events can cost a lot of money and there is often a fairly tight time frame to cover these costs. If you need money urgently today and don't have an emergency fund, you can borrow money now to tide you over.
WeLoans was set up to help consumers borrow money with minimal hassle. Whenever financial difficulties arise, you can borrow money online through WeLoans. We will connect you with trustworthy and reliable lenders who can offer you a loan quickly.
Eligibility Criteria to Borrow Fast Money in Australia
Before you can apply for a quick money loan, you will need to meet the application requirements. These requirements may vary depending on your lender, but the basic ones are:
- You should be an Australian citizen or resident
- You should be at least 18 years old
- You should have a stable income going directly into your bank account
- You should have an available phone number and email account
What Are My Options to Borrow Money Now on WeLoans
If you're looking to borrow money now, it's important to understand which loan type is better suited to your needs. Here are some of the popular loan options that are available at WeLoans.
A payday loan is a type of short-term borrowing that's meant to be repaid within the borrower's next paycheck or over a couple of paydays. They allow borrowers to get cash quickly without asking for any collateral.
People who receive benefits from Centrelink can access our Centrelink loan. This loan is designed to provide financial support to Centrelink recipients when they are having difficulty obtaining a regular loan from a traditional lender.
Bad credit is not an issue when applying for one of our bad credit loans. Most of our lenders usually do not have minimum credit requirements as they are more concerned with your income and ability to repay the loan on time.
When you are in need of emergency cash, a quick cash loan can come to your aid. The loan application process for quick cash loans is generally quick and easy. You can expect to get a loan in as little as 24 hours.
If you have recently lost your job or are currently unable to find a job, don't worry as you can take advantage of an unemployment loan. To qualify for the loan, you need to provide an alternative source of income such as JobSeeker payments.
WeLoans works with multiple lenders who do not run strict credit checks when reviewing your application. Don't let your credit score stop you from borrowing money now. Apply for a no credit check loan and get fast cash today.
How to Borrow Money Now with WeLoans
Borrowing money through WeLoans is a piece of cake. Simply follow these steps to get instant access to cash.
- Fill in the application form on our website. Once completed, it will be automatically forwarded to our network of lenders.
- You will then receive multiple offers from our willing lenders. Compare these offers carefully and then make an informed decision.
- Sign a loan agreement with your lender. The money will be deposited into your bank account in as little as one business day.
Pros and Cons of Borrowing Money Online
Borrowing money online is an effective way to get the money you need. However, everything has its ups and downs. Here are the advantages and disadvantages of borrowing money online.
- It provides quick access to emergency funds. You can get your money as soon as possible.
- It saves you from the hassle of a bank loan procedure that may require you to visit the branch in person and submit several documents.
- Most online quick money loan lenders have lenient loan application requirements, making it easy to get approval.
- Most online loans only offer a small amount of money which is usually capped at $2,000.
- The fees for online loans can be very high. You may end up paying more when giving the loan back.