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Instant Payday Loans 24/7
Fast 3 to 36 Month Online Loans
24/7 Online Payday Loans— Apply Anytime, Anywhere
Online Payday loans available 24/7 can be a great cash source if you need funds fast. No matter the time of the day or the day of the week it is, you can just send in your application the moment a need arises. However, bad credit payday loans aren’t the sole option available for you when you need access to fast cash. Personal loans may just be the answer to your needs too. IAFC is here to let you know more about this alternative option.
IAFC is a lender locator service. Financial advice isn’t our speciality, so we don’t offer such. However, you are free to seek out independent financial, taxation, legal and other advice if you want to verify the ideas and information presented on this website to ensure that the option you end up with is appropriate for your specific financial circumstances.
24/7 online payday loans
Whilst you may have heard about payday loans before, there’s a very good chance you don’t really know the specifics of these credit instruments. No worries— we’re here to explain to you the crucial details if you’re interested in taking out one.
Payday loans are typically small amount loans of no more than $2000 that payday lenders offer. These loans are typically available online and will need to be repaid within a short term of just a few weeks or months. Since they are designed to offer instant access to funds for those who are in emergency financial situations, these types of loans don’t involve any long-term commitment.
Do note that whilst these loans say 24/7, this only pertains to the time when you can send in an application. The lenders offering them will still be working normal business hours. So there’s a very good chance that you will not receive any outcome for the application until the next working day, especially if you send in one beyond the usual nine to five.
In summary, payday loans are short-term small loans that can be easily availed of online, ideal for people looking for fast access to cash.
What does IAFC do?
IAFC is a lender locator service in Australia. We are not a lender and we are not offering any loan.
What we do offer is our services to help you find the right lenders with the right loan products that will fit your specific financial needs. We serve as your bridge towards finding the best lenders with the most appropriate credit instruments for you. We work with a network of lenders offering a whole host of personal loans. We make the application process easy, convenient and fast and we may be able to get you paired with a lender within just 60 minutes from lodging an application on our website.
Whilst your goal may be to find a payday lender, our goal is to get you paired with personal loan providers. At first glance, these two loan instruments may seem similar but there are certain differences that set them apart. We’ll help you get a good idea of what these credit instruments have to offer so you can make an educated decision.
You may even find unsecured personal loans that will work just right for you.
Personal loans and payday loans— What are the differences?
Whilst both personal and payday loans may be able to assist you during those tricky financial situations, there are several key differences between the two
Generally, payday loans are ideal for covering emergency expenses that might come up every now and then. They are typically available for $2000 or lower.
Personal loans, on the other hand, can range from $300 to $10000. If you need a larger sum, it may be worth looking into the possibility of signing up for a personal loan.
Payday loans tend to get repaid in just a matter of weeks or sometimes, just a few months. Personal loans, on the other hand, can have a repayment period of 12 months to 24 months. Some people might find this setup more ideal since this allows them to spread their repayments out, making the whole thing more manageable. This would mean a longer repayment period and other people might not like the idea of a long term repayment commitment.
Fees and rates
In Australia, credit contracts of $2000 and under will be capped as far as fees and rates go. This allows lenders to charge right up to the maximum when granting these loans. Still, there may be lenders that will choose to charge less.
Meanwhile, loans larger than $2000 aren’t capped.
Are there deal breakers for a 24/7 payday loan?
The popularity of non-traditional lenders, which has considerably increased over the years, is such a welcome change. In the past, banks will likely turn down any loan application involving a borrower with less than stellar credit ratings. Today, the landscape has changed considerably
Whilst there is still no guarantee for approval, there are several lenders online that will be willing to offer a loan even to those borrowers with rather dismal credit ratings.
Rather than just dwell on the missteps you committed in the past, there are lenders these days that will willingly look into your present situation and assess where you stand financially when deciding whether to grant you a loan or not. This could include checking how much income you earn and how much is left after your daily expenses have been taken off. This will help them determine if you will still have enough left to afford any loan repayment.
Still, it’s also important to remember that a bad credit borrower may be considered a higher risk for lenders. As a result, whilst they may be happy to grant a bad credit borrower a loan, they may want to offset the risk by charging higher fees and rates.
Can I take out a payday loan without a credit assessment?
It doesn’t matter whether you’re taking out a payday loan or a personal loan. Some lenders will make it a point to carry out credit assessment before deciding whether to approve the loan or not. It really is up to the lenders to decide whether they will carry out a credit assessment or not. Each has its own policy, after all.
With this in mind, IAFC is unable to provide any guarantee.
Even when a lender does carry out a credit check, know that there is more to their assessments than just your credit rating alone. They will also need to look into how much you’re earning, what your employment status is and what your regular expenses are. This will help them get a better idea of the type and amount of loan that’s affordable enough for you.
All in all, there are lenders that do offer payday loans 24/7 minus the credit check. However, this can vary per lender.
Borrowing made easier and more accessible with 24/7 payday loans
Today, where almost everything is digitised, getting access to financing online has never been easier. Today, it is now possible for you to get access to loans 24/7. Provided that you have a device with an internet connection, getting a loan online is just a few clicks away.
Unfortunately, just doing a Google search isn’t going to make it easier for you to locate the right lender with the right loan. Your search will likely come back with hundreds of results and this can get overwhelming. You might not even have an idea where to start.
If you find this confusing, you can always refer to IAFC’s lender locator to help simplify the process for you. Just send in an application with IAFC and we’ll do what we can to get you matched with the right lender with the right personal loans fast. On top of that, it’s 100% free!
IAFC’s eligibility criteria
Before applying for a loan at IAFC, see to it first that you meet the following requirements:
- You’re 18 years or older
- You’re a citizen or a permanent resident of Australia
- You have a working phone number and email address
- You have a working bank account and can provide at least 90 days’ worth of banking history
Applying with IAFC
If you believe that IAFC’s lender locator service can help you find the right lender with the right loan offer, you can submit an application on the website and it is easy. We’ll only need you to provide us with key details so expect the application to be completed in just a matter of minutes. Just follow these three steps:
Check out the loan slider located at the top of the page to enter what your preferred loan amount is along with your ideal repayment terms. Fill in the personal details being asked on the form and click submit.
After we have received your application, we will get to work as our automated system will then look for the right lender for you. If the application was set during our business hours, you will likely get an outcome within 60 minutes.
We’ll get in touch with you
Whether we are successful in locating a lender or not, we will still get in touch with you to let you know. Once a lender has been matched with you, you should be contacted by the lender directly to start the assessment process.
I need money fast— where can I get emergency cash loans?
For expenses that need paying off ASAP, you’ll need to find a lender that will get things done fast.
Whilst payday lenders are known for their exceptionally speedy processing, personal lenders can do just the same thing too!
If you’re in need of a lender that can assist you fast, IAFC just might be able to help. Instead of spending long hours looking for and applying to lenders online, all you have to do is submit one single application and will take care of the rest
We may be able to get you paired with a lender in just an hour. Then the lender will contact you and assess your application as well as provide you with an outcome on whether they can offer you a loan or not.
Once approved, your lender then gets to transfer the cash to you after you have approved the digital loan agreement. Depending on your lender’s and your bank’s transfer times, it may even be possible to receive the cash you need on the same day you sent in the application.
Can I get instant cash with instant 24/7 payday loans?
Whilst there are a lot of lenders that advertise instant approval loans, the truth of the matter is there is always going to be a processing time involved when you apply for a loan. It doesn’t matter whether it is personal loans or payday loans, expect that there will be a processing time.
So, when a lender will advertise instant loans, it’s important not to take this literally. In most cases, what they really mean is that they will get the application assessed and processed in a matter that may feel like it’s done instantly. Technically, by instant loans, they really mean quickly-processed loans.
The reason for this is that in Australia, creditors are required to follow responsible lending practices. The law mandates that they need to first verify the financial situation of their customers before offering and granting any loan product so they can be sure that the loan is something the borrowers can actually afford to repay.
In the event that you do find lenders offering guaranteed approval or anything similar, make sure to stay away from them. There is a reason that responsible lending obligations exist and they are meant to protect you and ensure that you won’t end up with a loan that’s going to be beyond what you can really afford.
Can payday lenders offer payouts during the weekend?
Whilst there are lenders that advertise 24/7 loans, it may not always be possible for them to offer payouts during weekends.
Even when you’ve sent in an application over the weekend that got assessed and approved, you may likely have to wait until the next working day to get the funds. The reason? Banks don’t really process funds transfers beyond the normal business hours.
Whilst the lender may be able to get the funds transferred immediately right after they have approved the loan and you have signed the contract, there may still be a need for you to wait until the next business day for the banks to process it. This is why it is not always possible to get access to your cash on a weekend.
Are 24/7 payday loans right for me?
At IAFC, we cannot really provide you with definitive answers. At the end of the day, the best payday loan is something that is appropriate for your specific needs, circumstances, preferences and objectives.
Payday loans do seem like the best option if you need cash fast, the fact that they come with really short repayment terms and the rather limited amount they offer may not be ideal for everyone. If you need a larger loan amount, one that you can pay back within a longer period, then payday loans may not be ideal for you.
At IAFC, we work with lenders offering personal loans. These loans can be availed of for larger amounts and the repayment terms tend to be longer and more manageable as well.
It is always best to take the time to evaluate the pros and cons of every loan available for you before making a decision to know exactly which one works best.
If at the end of the day, you decide that you’re better off with a personal loan, then IAFC’s lender locator service will make it easier, simpler and more convenient for you to send in an application. Apply today!
24/7 payday loan comparisons
Before accepting any loan offer, make sure to do your research first. Remember that it’s your responsibility to find the right loan for your needs. Make sure to consider the following when deciding which loan to accept:
- Fees and rates: Fees and interest rates will help determine the amount you must repay, aside from the principal loan amount. The goal is to find a lender that will offer the most competitive rates and fees.
- Repayment terms: payday lenders offer shorter repayments of up to a few weeks or months. Meanwhile, personal loans allow you to repay what you have borrowed within a longer period, which makes it more manageable for you. Choose which one will be more workable for you considering your current circumstances.
- Credit assessments: There are lenders that may choose not to conduct any credit assessment but most lenders will usually conduct one as part of their evaluation processes.
- Reviews: Always check the reviews coming from past borrowers of these lenders to give you an idea of what to expect.
Alternatives to 24/7 payday loans— Why choose IAFC?
IAFC’s lender locator service makes it easier, faster and more convenient to find a lender. We work with a network of lenders known for their speedy application and evaluation processes. Aside from these obvious benefits, there are a ton more of other reasons that it is truly worth your time relying on IAFC the next time you need a loan.
We have internet giants McAfee and Comodo tapped to ensure that our system is secure and safe at all times to assure you that your personal data and information will always be safe with us at all times
Live 24/7 website
Applying for a loan can be time anytime and anywhere you are because the IAFC website is accessible 24/7. It doesn’t matter where you are in Australia or what time of the day it is. As long as you have a device that can access the internet, you can easily lodge an application on our site. Do note that applying on weekends or on a holiday would mean that your application will be assessed on the next business day.
Trustworthy, legitimate lenders
We work with a network of reliable and trustworthy lenders that offer personal loans. Every lender in our network is compliant with responsible lending practices so you can trust that they will always offer loan products that are appropriate for you, your needs, and your capacity to pay.
Repayments suitable for your needs
When you send in an application, we will always ask you for your ideal repayment setup. In most cases, this could be between 12-24 months. You’ll also have the option to make payments monthly, fortnightly or weekly— making it easier for you to select the setup that works best for you.
Transparency matters to us
Our process has been carefully outlined so you will know exactly what will happen as you go through the application process. In addition, when you agree to a loan offer expect every single detail of the agreement to be laid out to you. In fact, you are encouraged to pore through the contract and raise questions about things you don’t understand to ensure that you know exactly what you’re getting into before approving the loan contract.
What happens if I can no longer afford the repayments for my 24/7 payday loan?
Should you fall ill, become unemployed or encounter a situation that will prevent you from carrying out your loan obligations, you have the option to apply for financial hardship. Just contact your lender to find out what you need to do.
Lenders have the means to handle situations like these and can help you go through the process. Generally, the process will go as follows.
- Let your lender known about your situation
- Prepare supporting documents that will prove your situation— this could be a proof of termination or medical certificates
- The lender will consider your circumstances and assess your application
- Once approved, changes may be introduced to your repayments or the lender may put it on hold to make things more manageable for you.
Any questions you may have about our service can be directed to firstname.lastname@example.org. We have a dedicated team that will ensure that you will be given a direct and prompt response to your inquiries.
Note that emails are monitored only during business hours so if you send in correspondence outside of our normal business hours, expect that we may only be able to respond on the next business day.
Also, IAFC can only answer questions related to our organisation as well as the lender locator services we offer. Questions regarding 24/7 payday loans should be directed to the actual lender.
Send in your application with IAFC now.
You can also keep up with the newest and latest updates about IAFC via our social media accounts.