How your Online Loan works
Finance broker service
Cash Stop is a finance broker, we will attempt to arrange a loan between you and a lender and assist you in providing the necessary information to the lender.
Online Loan Requirements
- Australian permanent residents can apply anywhere in Australia excluding WA
- Must be over 18 years of age
- Have an email account so that Cash Stop can contact you
- Have a regular, steady and verifiable income of at least $300 per pay, direct credited to your nominated bank account
- Applicants receiving government benefits can apply except for New Start and Youth Allowance
If you don't have an email address or are on New Start or Youth Allowance, you can still apply at one of our branches
Online Loan Process
1. Complete the online form, this only takes 3 to 4 minutes to complete
Our online application makes it easy for you to get money you need quickly.
Simply fill out the application form, no paperwork to fax.
Once you have submitted the application, your application will automatically be sent through to our Processing Center.
2. We confirm your employment details
On your first cash loan, we will need to verify the details you have provided. This may be done by contacting your payroll. However, in many cases, it is quicker if you fax over the necessary documents. This is also the preferred option for our lenders. We might also ask you to call your payroll to give us the authority to confirm your employment.
3. Verify your Identity and verify the details you have provided in your Application
4. Pass on your application to a suitable lender
5. Notify you of the outcome of your application via your email and SMS to your mobile phone confirming the details and cost of your cash loan
Once you acknowledge receipt of the Lender's decision we then send you notification that the relevant Broker and Lender Contracts (for your loan) are available for your viewing to your email, you will then be required to at your Cash Stop member portal.
You will then be required to log on to your Member Home page, read and acknowledge your acceptance and understanding of the Contracts, including fees and charges and Terms and Conditions. Once you confirm your acceptance of the Contracts via electronic signature, funds will be ready to be deposited into your nominated Bank Account.
6. Paid
Your quick cash loan will be electronically deposited in to your nominated bank account same day of loan approved before 5pm and within 24 business day hours for loans approved after this cut off time.
