How Do I Get Loans ASAP?

Sometimes, we find ourselves in a financial twist and need to borrow money ASAP. It could be because you have overdue bills to pay, or your car broke down and needed a few repairs — we’re talking about anything that screams “emergency.”

If this sounds like you, then you’re in the right place. Orange Loans is the online platform to use to get fast loans without breaking a sweat. 

Right from the comfort of your home and using any of your devices, you can get cash loans ASAP. All you need to do is apply, get your application approved, and have the money transferred to you in no time.

What this article covers:

How Can I Get Money Loans ASAP?

Orange Loans is one of the fastest and easiest ways to get quick loans ASAP if you need fast money. As long as you have all the requirements, you can apply for the loan within minutes and even receive the loan within 24 hours.

Once ready to apply for the loan, you should start by selecting the amount you want. While the loan amount is usually between $250-$2500, you can also choose a custom amount if you have something else in mind. You must also select the repayment period before your application can go through.

loans asap

After applying, Orange Loans will help you search for a lender willing to lend you money. This doesn’t take much time, and you can be paired with a reputable lender immediately.

The lender will review your application to confirm that you meet all the necessary requirements before approving it. Once approved, you’ll sign a contract, and the lender will prepare the money for you.

What Information Do I Need to Provide for a Quick Loan?

Generally, to be eligible for urgent loans in Australia, you must:

  • Be a permanent resident of Australia
  • Be over 18 years old
  • Have an active email and phone number
  • Have no active payday loans
  • Have a steady source of income

Therefore, it only makes sense that the potential lender will ask for the following documents to verify your identity when you need quick finance loans:

  • Australian passport
  • Australian driver’s license
  • Proof of age card
  • Medicare card

Besides these valid documents, the lender will also ask for personal details to know more about you. Some of the information you must provide includes your job and earnings after tax. This information will help with your emergency cash loan’s guaranteed approval.

borrow money asap

The lender still needs to verify all the information that you’ve provided. For example, they may run quick income and credit checks to confirm that you can conveniently afford the repayment. 

To get loans ASAP approved on the same day, we advise that you apply earlier in the week or day. This is because lenders aren’t always available to process your applications, and they may be more available during the early part of the day/week than later. 

In addition, you should also note that even if the loan is approved on the same day, your bank’s transfer speeds will also determine how soon the money gets to you. 

How Much Will My ASAP Loan Cost?

Orange Loans will link you up with lenders without collecting any money from you. However, there are certain charges that you need to keep in mind.

Fast loans usually have fixed charges based on the amount you borrow and the repayment term. 

The loan contract between you and the lender will always contain the implied fees, which come in two standard forms:

  • An interest rate of 4% of your loan amount every month for loans up to $2,000 (with larger loans attracting a maximum interest rate of 48% over 12 months)
  • A 20% calculated fee of the borrowed amount of $2,000 and below (with larger loans attracting a flat fee of $400)

While you have between 16 days and 12 months to repay a loan of about $2,000, you have a grace period of two years maximum to repay larger loans.

Also, how much you’ll pay monthly depends on the payment terms. That means if you have to repay $1,000, you’d be paying more if the payment terms are six months instead of nine months. 

On the other hand, a shorter payment term usually means that you’d be saving more money on interest.

need a loan asap

Why Do I Need a Fast Loan?

There are several reasons you need a loan ASAP in Australia. Some of them are:

Overdue Bills

Although we expect bills every month, that doesn’t mean you’ll always have the means to pay them. Once these bills start pushing past their due dates, you can apply for a cash loan to meet up.

Car Repairs

Owning a car is one of the best decisions you can make, but it can also be a burden, especially when it breaks down unexpectedly. However, you can fix your car quickly and get back on the road with urgent loans.

Medical Procedures

Paying a visit to the doctor could lead to some huge financial commitments that you might not be prepared for at that moment. You can borrow money ASAP and pay it back at your convenience.

cash loan asap

Conclusion

Getting a cash loan ASAP shouldn’t be an issue if you know all the requirements and considerations. To ensure you are linked with a legitimate lender, allow Orange Loans to handle the work for you. 

As long as you have all the necessary details for a successful application, you’re good to go!

Was the guide helpful? Check out these extra resources to delve deeper: