How your Online Loan works
Finance broker service
Cash Stop is a finance broker for Online Cash Loans applied for by non-residents of NSW and ACT, we will attempt to arrange a loan between you and a lender and assist you in providing the necessary information to the lender.
Finance lender service
Cash Stop is a lender for Online Cash Loans applied for by all NSW and ACT residents. We will work directly with you to ensure your financial objectives are met.
Online Loan Requirements
- Australian permanent residents can apply anywhere in Australia
- 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 net per pay period, direct credited to your nominated bank account
- Applicants receiving government benefits can apply including for New Start and Youth Allowance
If you don't have an email address, 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 during the online application process.
Once you have submitted the application, your application will automatically be sent through to our Processing Centre.
2. We confirm your employment details
On your first online cash loan, we will need to verify the details you have provided. This may be done by contacting your payroll office and/or you can fax over the necessary documents. We might also ask you to call your payroll office to give us the authority to confirm your employment.
This process will be undertaken periodically in keeping with loan assessment requirements and regulations.
3. Verify your Identity and verify the details you have provided in your Application
4. Pass on your application to our selected suitable lender (non NSW and ACT residents).
5. Notify you of the outcome of your application via your email and/or SMS to your mobile phone and if approved, confirming the details and cost of your online cash loan
Once you acknowledge receipt of the Lender's decision we then send you notification that the relevant Broker and/or Lender Contracts (for your loan) are available for your viewing to your email.
You will then be required to log on to your Member Home page, read, review and acknowledge your acceptance and understanding of the Contracts, including fees and charges and Terms and Conditions. Once you confirm your acceptance of the Contract Documents via electronic signature, funds will be ready to be deposited into your nominated Bank Account.
6. Paid
Your quick online cash loan will be electronically deposited in to your nominated bank account same day of loan approved before 3pm (Sydney Time) and within 24 business day hours for loans approved after this cut off time.
