Please make sure that you complete your repayments on time as you have agreed upon with your lenders. If you stop making repayments, you will run the risk of having a default listed on your credit records, which will be a consideration when you are applying for another loan. This could potentially have a severe effect on your credit history and will stay on your credit history for up to 5 years, which is definitely not a short amount of time. Your account will be potentially passed on to an external debt collection agency, which is the last resort for lenders.
We encourage you to make the repayments on time as you have agreed with your lender. However, if you think you might not be able to make the repayments on time because your circumstances suddenly changed, contact your lender as soon as possible to find out if you are eligible to apply for Financial Hardship. We advise you to do this as soon as possible before your lender is forced to take any action towards this matter.
CashPal is determined to help you and make sure that you make your repayments on time. No matter what your financial issues are, we are here to help you find the perfect lender who will only approve you if they believe after assessing your application that you have the ability to pay back your loan. You can count on us to give you the best lender-finding service in Australia! Feel free to contact CashPal at any time by filling out the contact us form online or send an email to us.
What Do Quick Cash Loans Cost?
The cost of your instant cash loan will depend on the lender we match you with. Most of our lenders can be flexible with the fees and costs associated with their loans. However, this is at the discretion of the lender themselves.
If your application is approved by a lender, remember to read your loan contract thoroughly, as it will contain all relevant costs.
How Can I Pay Back My Instant Cash Loan?
An instant cash loan must be paid back on time in order to prevent any extra fees/charges or defaults from incurring. When a lender has approved your loan they will be able to help you set up a direct debit. This will mean the money will be taken from your account on the agreed upon basis.
You will not need to do any of the payments manually as this process is automated – you will just need to make sure the correct amount of money is in your account in time for the payment to be taken.
If a payment does bounce from your account you may incur a dishonour fee. These types of fees will, however, be outlined in your initial contract with the lender. It is very important that you read through this document in order to understand the charges that you will incur if a payment is to bounce.
If you believe that you won’t be able to make an upcoming payment is important you let your lender know as soon as possible. This will allow you to possibly make an alternative arrangement. This is at the discretion of the individual lender.
How Can I Apply?
Our application process is as simple as they come – 100% online, including your application process. Once you have submitted your application we will do a quick assessment. We will then let you know if we can help you. This should only take a few minutes. CashPal will then match you with a lender that will hook you up with instant cash.
If you’re a fan of what the lender is prepared to offer you then you can accept. If you’re not – that’s okay, you don’t have to accept. Once you’ve accepted your contract your lender will send you the funds straight to you. It’s as easy as that! No fuss, just instant cash loans – 100% online.