Instant Loans

$50 to $5,000 paid out today!


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Instant Loans

There will be moments when you’re faced with unplanned bills. Urgent expenses can come out of nowhere and you may not have enough saved to cover it. Thankfully, a number of lenders these days offer instant loans. These lenders operate online 100% so you won’t need to fill out a mountain of forms or submit mountains of paperwork just to send in an application. At SamedayLend, we have partnered with lenders that can approve loans from $500-$5000 which can be approved fast and can be paid off within a short term. 

Fast loans made more accessible

When it comes to instant loans, this pertains to how fast you can get approved and funded for the cash loan you are applying for. Once we receive your loan application, we have a team of loan specialists who will then see to it that your information is duly reviewed so we can get you paired with the right lenders. The whole process is online 100%, so there is no need for you to get out and meet the lender you are paired with personally. Just fill out the loan form and attach digital copies of the documents you are required to submit. Once your loan gets reviewed and approved, you can expect the funds transferred to your selected bank account instantly.

Instant Loans

Instant loan – understanding the basics

Put simply, instant loans are personal loans that are generally smaller than the usual personal loans. Lenders that offer these types of loans will usually allow buyers to borrow amounts as small as $500 to as high as $5000. Compared to personal loans, instant loans have generally shorter terms. Most loans come with a minimum term of three months with the maximum being 24 months. People need to understand that with instant loans, it is not the approval process itself that will be done instantly. It does come with a faster and more streamlined approval process, but instant refers to the speed in which the funds can be transferred after the loan has been approved. 

How quickly can I get my bad credit loan approved

In most cases, it would take our team of loan specialists about 60 minutes to review the application form you submitted. Within this period, they will determine which of our lender partners will be able to offer you a same day cash loan. A lender then gets in touch with you if they can offer financing. In most cases, they may require you to submit additional documents to support the application. The loan contract then gets sent to you. This will contain the terms of the loan, so you will know what rates are attached to the loan and what your repayments are going to be. Once you agree to the loan terms, send the contract back with your e-signature and wait for the loan to be funded. Most of the time, you can get the funds into your bank account within seconds but for banking institutions that might take a bit of time to complete the transfer, you may have to wait 24 hours to get access to the funds.

Paying the loan back

To ensure that you will have the utmost convenience in paying back the debt, we can help you set up a direct debit arrangement. This ensures that the repayment amounts are going to be directly deducted from your account. You also have the option to pay off the instant approval cash advance for as quick as three months or have it extended to 24 months. What matters is that you get to decide how soon you want to pay off the loan or how long you would want to take to repay the debt.

Bad credit borrowers are welcome

It is a fact that bad credit borrowers tend to have significantly limited options in terms of financing compared to those with very good credit standing. However, the lender partners we have at MagicLoan are known for accommodating a variety of borrowers, those with bad credit and those on benefits included. These lenders are still going to look into your credit records as part of the requirements they must comply with as responsible lenders, but they will look beyond what your score says to decide. They will instead look into your current income and liabilities to determine whether you can afford the loan or not. 

Simple, secure and quick borrowing

Borrow from $500-$5000

Take out payday loans that suit your specific needs. Take advantage of financing as small as $500 and as high as $5000 and use the funds for whatever specific purposes you have in mind. Lenders will not place any restrictions on how you decide to spend the cash for whatever urgent or planned expenses you need them for. 

Upfront fees

You will know how much you will get charged ahead of time. Lenders are upfront in terms of their rates so you know how much the regular repayments are going to be. These figures are going to stay the same for the entirety of the loan as well. So, you won’t ever have to worry about surprise fees and hidden charges. 

Fast approval process

You won’t need to wait long to find out how you fared with the application. Our loan experts will try to get you paired with a lender as fast as possible. Often, it will take them 60 minutes to review your details. The lender you got paired with then gets in touch with you to discuss the loan details and will get your funds transferred shortly right after the loan gets approved. 

Easy online applications

The whole application process is done on the digital platform. There is no need for you to personally appear at a lender’s office to submit your loan application. All you need is a device that lets you access the internet, making it highly convenient. The loan application will only take a few minutes, so it’s hassle-free.

Flexible payment arrangements

You can choose how soon you want to pay off the loan and you can take your time as well. People that do not want to make repayments for a long time and have the financial capacity to do so can choose to get the loan paid off for a shorter term. Those who wish to make repayments more manageable can choose to get it extended for as long as 2 years.


A guide on instant loans application

Eligibility criteria

Borrowers are required to at least be 18 years old to qualify for a loan. Customers also need to be Australian citizens or permanent residents to apply for instant loans. You should also be receiving a regular income for the last three months. This can be a salary from a job, benefits you are receiving from the government and other forms of income as long as you can prove that you are regularly receiving these figures. Lenders will also ask for 90-days’ worth of bank statements when assessing your loan application. Also, an active email address and phone number will also be required so there is a way for the lenders to get in touch with you. 

Provide your personal and financial details

You’ll be asked to provide your details on the application form so our loan specialists can easily determine which of our lender partners will be ideal for your financial needs. Just see to it that you accurately answer the application form to ensure that your loan gets processed fast.  

Apply only once

Only send in a single application form. People make the mistake of sending in several loan applications thinking that they might get a better chance of getting an approval. Unfortunately, this will produce an opposite result as lenders might actually consider this as a sign that you are desperate for funds. So, if you want to bolster your chances, stick to one loan application only. 

Wait for loan approval

Once your application form has been sent, it won’t take long for your application to get processed and approved. As long as you get the loan form submitted during our working hours, you should be able to get a response within 60 minutes. If one of our partner lenders can offer a loan, they will get in touch with you for your instant cash loan offer. Once signed and approved, you should get your funds shortly or no later than 24 hours. (Credit Representative Number - 535991) which is an Introducer Appointed Representative of Marketplace Finance Pty Ltd (Credit Representative Number: 487316). is not a lender and does not make credit decisions. matches customer applications with lenders in our network based on the information provided, in exchange for a commission paid by the lender for advertising services provided. There is no guarantee that you will be accepted by a lender or that you will be offered terms suitable for your financial needs. Not all lenders will be able to provide amounts up to $5000. The time required to process and transfer the loan varies by the lender. This website does not directly endorse any particular product or service. Any information on this site should serve as opinion only. As a condition of extending credit, some lenders you may be matched with may run a credit check from a credit reference agency. Late or missed payments may be subject to increased fees and/or interest rates.

1. Subject to application being approved by the lender. Not all lenders are able to provide up to $5000

2. Subject to lenders requirements and approval. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures. 

Consumer Advisory: SamedayLend is a loan matching service. This site will submit the information you provide to a direct lender. Upon loan approval, a direct lender may require further information from you which will be collected after we transfer you to their website or they may contact you via phone or email.

All applications will be subject to credit checks and affordability assessments in line with responsible lending. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. Not all lending partners offer up to $5,000 loans, and not all applicants will be approved for their requested loan amounts. Loan repayment periods vary by lender also. Lenders may use collection services for non-payment of loans.

Not all borrowers will qualify for a loan, the operator of this website does not engage in any direct consumer lending, we simply provide a FREE loan matching service to the public. To operate this service we receive a commission from the lender we refer you to.

Auto Decisioning allows lenders to make a decision on your loan application without the need for human interaction, for more information please contact your lender or see their privacy policy.