Small Loans – From $200 to $2,000

What is a small loan?

A small loan is a short-term loan designed for those who need cash to cover an expense before payday fast. A small loan can be taken out for a number of reasons, such as medical emergencies, holiday funds or other sudden payments that need to be made.

How much can I get a personal loan for?

You can get a small personal loan of up to $2,000 (also known as Small Amount Credit Contract) with Cash Stop. Your eligibility and loan amount will depend on your financial circumstances and suitability

Where can I get a small loan?

As an Australian and trusted private lender, we can provide you with finance for a variety of reasons. All our quick cash loans are personalised to your financial circumstances so that you can be comfortable making affordable repayments. There are no hidden fees with our cash loans.

Can I get a small loan with bad credit?

Yes, you can. Our team makes sure to review all your current financial circumstances during the loan approval process - not just your credit history. We will provide you with loan amounts suitable to your circumstances.

How can I get a small loan fast?

You can get a small loan instantly in a couple of clicks with Cash Stop. Apply online with our form for free. All you have to do is fill in your personal details and loan requirements, click apply and sit back and wait for our team to get in contact with you. Depending on your loan, you may also need to provide digital documentation such as bank statements and proof of identity. Our team will approve your quick cash loan in a timely manner.

Once your small loan is approved and you have electronically signed the contract, your funds will be sent via Instant Payment (NPP) to your nominated bank account. You should receive your funds within 15 minutes of our transfer. If your bank does not support NPP, it may take between 24 to 48 hours for your funds to deposit into your account via direct credit.

What are the fees on small cash loans?

All rates and fees are available upon request and are fully disclosed in your contract documents for your review and acceptance.

Our Small Amount Advances are provided as SACCs which have Establishment Fee of 20% of the amount borrowed and a monthly fee of 4% of the amount borrowed.Our Medium Amount Advances are provided as MACCs (Medium Amount Credit Contracts).

Our Medium Amount Advances are provided as MACCs (Medium Amount Credit Contracts). All loans falling into the category of a MACC are subject to maximum amount of fees, charges and/or interest as follows:

• ● Loan Settlement Fee (Establishment Fee) $400
• ● Maximum fees, charges and or interest equal to a maximum all-inclusive equivalent cost rate of 48% APR (annual percentage rate), excluding the $400 fee

Do I need to provide security for a small loan?

No, you don’t need to provide security. Our small loans, quick cash loans, and short term loans are unsecured.

Can I pay off my small personal loan early?

Yes. If you pay your small loan off before the loan term ends, we won’t charge any early repayment fees and will only charge the permitted monthly fees.

What happens if I cannot repay my small loan on the due date?

If you fail to make your loan repayments, the cost of your loan may increase.

If you need to change a payment, contact us as soon as possible. We understand that circumstances may change and always work with our customers to ensure that their repayments are affordable at all times during their loan.

By advising us ahead of time, you can avoid the payment dishonour fees imposed by your bank. If you need to change your payment, contact us at least 2 days before your payment is due. If your loan carries over into a new monthly period, you may also be liable for another monthly fee (4%) as per your loan contract. If your direct debit fails due to insufficient funds in your account you may be charged a dishonour fee by your bank, in addition to a $25 dishonour fee from Cash Stop.