5 Best One-Hour Cash Loans with No Credit Check

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Having a bad credit score will most often dwindle your chances of qualifying for cash loans with most traditional financial organizations. However, you may try to get a loan on any payday loan platform that works with lenders who are not concerned about your credit history.

In this article, we’ve compiled a list of the best five payday loan matching platforms you can approach when an emergency expense arises. Your need might arise from an unexpected expense with running your business or an urgent situation in your personal life. Either way, their loan application and approval process is easy and fast, ensuring you get your cash on the same day.

Plus, they offer a wide range of loan amounts from as little as $100 to as high as $5,000. Let’s take a look.

5 Best One-Hour Cash Loans with No Credit Checks in 2022

1. Gday Loans

If you’re cash-strapped and your next payday is still weeks ahead, you can always turn to Gday Loans. This platform’s services are accessible to all Aussies provided you qualify, and they have partnered with multiple direct lenders.

After completing your application, this website connects you to a direct lender who can satisfy your loan needs within the shortest time possible. Then, if the direct lender accepts your request, they’ll give you the loan agreement form to sign. The requested cash would be deposited in your bank account by the end of the day if you applied on a working day.

The direct lenders working with the Gday offer various loans such as short-term loans, personal loans, secured, and unsecured loans.

The Gday Loans User Interface is straightforward, making it easy and less stressful for customers to use. So reach out to them whenever you need 1 hour cash loans very quick funds Australia no credit check 24/7.

Pros

They offer cash loans without collaterals
Even the unemployed are welcome to apply for loans
They don’t conduct a credit check on applicants
Gday connects borrowers to lenders who offer services that can satisfy their needs
The application and approval process is easy and fast
Same-day payouts

Cons

You may not receive your loan on a weekend

2. Viva Payday Loans

Viva Payday Loans is one of the leading loan matching platforms in Australia. This is because this platform has partnered with various lenders who offer cash loan amounts ranging from $100 to $5,000 with repayment terms varying between 2 weeks and 12 months.

Furthermore, the loan application on this website is online, and it takes less than three minutes to complete the form. Moreover, the loan approval process takes about five minutes. Then, after signing the agreement form, they will transfer the cash to your bank account directly.

Centrelink beneficiaries and individuals with poor credit scores can also apply for Viva Payday Loans. On the downside, however, this loan platform is costly.

For example, they come with an establishment charge of 20% and a monthly cost of 4% for loan amounts that are less than $2,000. Also, their APR for loans above $2,001 can range from 20% to 199.43%.

Additionally, borrowers must:

Be at least 18 years
Have proof of income
Must be Australians or issue legal residency documents
Have a current account

Pros

The online application is fast and easy
Applicants don’t need any collateral

Cons

You must be an Aussie

3. Sunshine Short-Term Loans

Sunshine Loans provide payday cash loans to borrowers in less than thirty minutes. The website offers loans starting from $150 to $2,000. However, their loans are short-term and come with enormous interest rates and fees.

Like most payday loans, Sunshine Loans charge 4% per month and 20% establishment fees. However, borrowers can pay their loans before the due dates without being penalized. Typically, the repayment periods for these loans range from 2 to 4 months.

Sunshine also allows people with poor credit scores to apply for loans. Furthermore, you can still qualify even if your income comes from government benefits.

Pros

Fast approval process
The entire application is online
People with poor credit scores can also apply for loans
There are no penalties for early repayment

Cons

High annual percentage rates

4. SpeedyMoney Payday Loans

SpeedyMoney Payday Loans is based in Sydney, Australia. It connects borrowers to direct lenders who offer cash loans from $100 to $2,000. Depending on the lender you’re matched with, these loans might take up to an hour to process.

Moreover, based on the information on your application, this timeframe can still be reduced to make the approval process faster. The best thing with SpeedyMoney is that they don’t concentrate on your credit history when reviewing applications. Instead, they are more concerned about your ability to pay them back.

Pros

Short payout period
They don’t concentrate on credit history
They offer unsecured loans

Cons

SpeedyMoney Payday Loans are costly
They charge an establishment fee of 20%
They’re not a long-term solution to your financial predicaments

5. Perfect Payday Loans

Perfect Payday Loans is a platform you can turn to when in a financial crisis. They link their customers to different direct lenders for quick cash loans.

The site saves you the hassle you would face when seeking loans from traditional lenders. This is because it offers you options and links you with loan services that fully satisfy your emergency financial needs.

Pros

People with poor credit scores are also welcome to apply for the loans
Their online application process is straightforward and fast
It gives you a variety of lenders to pick from
Same-day payout

Cons

The interest and application costs on the principal add up quickly

One Last Thing About Cash Loans in Australia

Many Australian payday loan sites offer 1-hour cash loans very quick funds Australia without a credit check, as long as you’re qualified. All the sites that we’ve highlighted above are excellent alternatives for securing a loan without hurting your credit score.

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