Emergency Cash Loans
WHAT IS AN EMERGENCY LOAN?
Sometimes, Australians face an unexpected or urgent expense, such as car repair, medical expense, utility bill or a family emergency. At Sure Cash Finance, we regularly assess applications for emergency loans throughout Australia.
Please note that Sure Cash Finance’s ‘emergency loan’ is simply a standard Cash Loan (Small Amount Credit Contract) or Personal Loan (Medium Amount Credit Contract), and is not a separate financial product. These are assessed under the same responsible lending guidelines as any other Sure Cash Finance loan. In other words, being labelled ’emergency’ does not mean a lighter touch (reduced assessment) or faster approval.
If you specifically want a same-business-day assessment, please go to our Same Day Loans page.
WHO CAN APPLY?
Any Australian, aged 18 or over, with a regular income may apply for emergency cash loans. Income can come from wages, self-employment or eligible government payments. This can include:
- Loans for People on Centrelink (such as those receiving JobSeeker payments, Disability Support Pension payments, Carer payments, and Parenting payments). These people are eligible for flexible repayments, which can be scheduled weekly or fortnightly to align with Centrelink payment schedules.
When applying for an urgent loan, bear in mind that all applications are assessed individually in accordance with our responsible lending obligations and approval is never guaranteed or automatic.
FAST
LOAN APPROVALS
We understand our customers need funds quickly, so we provide fast approvals for our customers to help them receive the funds as soon as possible.
FLEXIBLE
PAYMENT TERMS
We offer flexible payment terms to suit our customer’s needs. There are no early payout fees if you choose to payout your loan sooner.
Fast Cash Loans
$300 – $5000
RELIABLE
SERVICE
Our trained staff provide a high standard of customer service. We help our customers find a financial solution to suit their needs.
AMOUNTS AND TERMS
As an Australian lender, we understand when an unexpected bill can crop up or a car repair loan is needed. That’s why Sure Cash Finance offers two specific loan options ranging from $300 to $5,000:
- Cash Loans – also known as Small Amount Credit Contract (SACC) loans. These loans are fully unsecured (no collateral required) and range from $300 to $2,000. The repayment terms can vary from 16 days to 12 months. This loan is considered suitable for most standard bond amounts.
- Personal Loans – also known as Medium Amount Credit Contract (MACC) loans. These cover loan amounts from $2,001 to $5,000 and have a repayment period up to 12 months. This loan is suitable for larger bonds (e.g. higher-rent properties). Whether an MACC loan requires security is assessed on a case-by-case basis. Some applicants can obtain an unsecured loan within this range, while others will need to provide security.
WHAT DOES IT COST?
Cash Loan (Small Amount Credit Contract – from $300 to $2,000) fees consist of an establishment fee of up to 20% of the loan amount plus a monthly fee of up to 4% of the loan amount.
Here is a loan example:
For a $1,000 loan over 6 months, the establishment fee would be up to $200 and the monthly fee up to $40 per month – a maximum total cost of $440 over the loan term.
Personal Loan (Medium Amount Credit Contract – from $2,001 to $5,000) fees consist of a $400 establishment fee, which is flat regardless of the loan amount, plus interest at 48% per annum.
HOW TO APPLY
You can apply for an emergency loan as follows:
- Apply online or phone our friendly team on 1300 SURECASH (1300 787 322). Applications can only be made online or by phone.
- Enter the amount you’d like to borrow and the amount of time to pay the loan off. The calculator will then show your repayment schedule (weekly and fortnightly) and the total amount payable.
- Provide your income and personal details, along with proof of identity and tell about the purpose of your loan.
- Once your application is submitted, the Sure Cash team will assess it against responsible lending guidelines and contact you with the outcome. If approved and your contract is signed, funds are transferred to your account. While our team will act promptly to provide a fast assessment, please bear in mind that your financial institution’s processing times may vary.
WHY SURE CASH FINANCE?
Why choose us? Sure Cash Finance is a family-owned Australian lender (Australian Credit Licence 390591) with over 20 years in business.
Our friendly staff assess every situation personally and provide support for our clients. We approach every interaction with a high level of care and understanding. That’s why our Google rating is 4.8 stars based on over 454 reviews from our customers.
As a member of the Australian Financial Complaints Authority (AFCA, member 43334), Sure Cash Finance is committed to fair dispute resolution.
BEFORE YOU BORROW
Borrowing is not always the right choice for everyone. For one thing, it costs money, and there might be other options that are better suited to your individual situation. A government service for anyone seeking financial guidance or to make better-informed decisions is moneysmart.gov.au.
WARNING: Do you really need a loan today? It can be expensive to borrow small amounts of money and borrowing may not solve your money problems. Check your options at: moneysmart.gov.au
You can also access the National Debt Helpline on 1800 007 007.
Here are some alternative options:
- Apply for a Centrelink advance payment. Eligible recipients can request an advance on their future Centrelink payments from Services Australia at no cost.
- The No Interest Loan Scheme (NILS) offers free loans up to $2,000 for eligible low-income Australians. NILS requires you to submit your quote with your application, and if approved, they pay it directly to the supplier/vendor. NILS loans cannot be used for cash, bills, debts or rent.
If you are experiencing financial hardship, Sure Cash Finance has a hardship policy. If you require hardship assistance, contact our team to discuss your situation.
FAQ’S
What counts as an emergency loan?
An emergency loan is an urgent loan to cover an unexpected expense. This can include things such as a car repair, medical expense, utility bill or family emergency.
How quickly can I apply for an emergency loan?
You can apply immediately. Note that while our team will act promptly to assess your application, please bear in mind that your financial institution’s processing times may vary.
If you specifically want a same-business-day assessment, please go to our Same Day Loans page.
- Loans for People on Centrelink (such as those receiving JobSeeker payments, Disability Support Pension payments, Carer payments, and Parenting payments)
