What is a small loan?
In short, a small loan (also called a short term loan or cash loan) is a small personal loan that aims to help the applicant get by in the short term until they get paid or receive an income. These small loans range in length from about 16 days through to 6 months and range in size from as little as $100 to $5,000. Many people are surprised that borrowing $100 is an option, however, many Australian's just need a little help from time to fine financially. Despite our best intentions, even if we have a budget we can all get caught out from time to time and need the help and support of a small cash injection.
- A small loan is a personal loan from $100 to $2000
- Small loans can be provided to those with good or bad credit
- With online small loans, the process can be done 100% online
- Small loans can be provided to people who are employed or those who receive Centrelink benefits
- Small loans can be used for personal expenses or emergencies, including paying bills or buying big ticket items
Why would someone get a small loan?
Small loans are the perfect stopgap for any sudden expenses or unexpected bills that may pop up. As I'm sure you know, life is very unpredictable, and sometimes it can feel like we are drowning in bills - water, electricity, heating, car rego, insurance of every type. Those are also just the ongoing expenses, forget the unexpected things like a car breaking down or medical fees! These things pop up all the time and when life gets in the way we just have to get on with it and do the best we can, but there are always ways to get around a shortage of cash. Ferrratum Australia helps thousands of Australians each week to get by until their next payday through small loans. applying for small loans is easy and takes only a few minutes.
How do I get a small loan?
Getting a small loan has never been easier than it is right now. At Ferratum Australia, we have a 100% online system that cuts out any paperwork, queueing and middlemen from the process! This makes applying for a small loan super easy. All you need to do is click apply now, then:
- Choose an amount between $100 and $1900
- Fill in your details
- Upload your bank statement using our secure and encrypted link
...and you're done! It's that easy.
Can anyone apply for a small loan?
Yes, that's right! That's one of the best things about Ferratum, one size does not fit all. No matter your history or current situation, we assess every application individually and there are no credit checks at all. We have helped so many people from around the country who receive Centrelink benefits, pensioners, unemployed people as well as those who are employed to get a small loan and get through until their next payday.
Think we can help you or maybe you just need fast cash today? Try a small loan and Apply now!