Quick cash loans are a growing market in Australia. In this post, we want to highlight some of the key advantages of these short-term cash loans, especially for those in desperate need of finance immediately. Have a look through this list to see if a fast payout cash advance is an ideal solution for your situation.

Rapid same day payouts

One of the key reasons everyone is jumping on these loans is because they’re so quick. Modern technology is put to very good use to ensure the application process can be completed easily online and if accepted, your funds could be available in your bank account within 24 hours.

This kind of speed makes these payday cash advance loans perfectly suited to those in very urgent financial difficulty. Has something gone wrong in the house or have you run out of money for the month? There’s no delay in delivery with a payday loan, so it’s a supremely effective quick fix to your problem. You get the money you need right now and you’ll pay it back as soon as you get your next payment from work.

You can have any amount you need

At Cigno Loans, we offer any amount up to $1000. This flexibility means you can apply to borrow exactly what you need, and don’t have to worry about fitting into any precise brackets. Get the amount you need, as soon as you need it, that’s what we aim to deliver to each and every applicant that is accepted.  

We remind you when it’s time for a repayment

When your next repayment is coming up, we like to remind our customers via text. It’s little helpful additions like this that help to ensure the service runs smoothly and so that you can keep a very good handle on what’s going in and out of your account. One of the best ways to achieve a simpler form of living with better control over your monthly costs is to remain as organised as possible. We encourage this openly and want to help in any way we can.

You can get a payday loan with a bad credit score

Have a poor credit history? It’s not the end of the road! We care more about your current employment and level of income than we do about credit reports. We use a service called Credit Sense that gives us access to your account details with your permission. With this system, we can make a decision on how much we are able to lend you within minutes. Typically, a loan involves waiting days or weeks for a response. We don’t want you to wait that long and understand that every day is precious when you’re in a pinch.

Apply online 24/7

You can apply for a cash advance from Cigno Loans online 24/7. Whether you’re at work, or away from home for a trip, as long as you have access to our website, you can have a loan sent straight to your account within a day. Most conventional loan providers often need you to show up to a meeting to submit your application. Fast short-terms loans are far more convenient and accessible than they have ever been before.

Your loan limit can increase over time

This may not be the case with everyone in the market, but at Cigno, we like to reward responsible borrowers. If everything goes well with your first loan and you make all payments on time just as agreed, this can go a long way in ensuring you can borrow from us in future. We might also be able to offer you higher than our standard $500 loans if you ever need a larger amount.

There are always going to be a huge list of benefits to taking up effective money management techniques. One of the best ways to stop increasing the amount you owe is to stop spending on things you don’t need, so that you can effectively make repayments. We work closely with customers that are experiencing difficulty and do what we can to find helpful resolutions to different circumstances. The best thing to do when you think you might miss payments is to get in touch with us as soon as you can. The sooner you let us know your situation, the more we’ll be able to help.

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Read more about fast cash advances here, or in our previous blog post: 4 Ways To Get A Fast Cash Advance

Disclaimer: Please be aware that Cigno Loans’ articles do not replace advice from an accountant or financial advisor. All information provided is intended to be used as a guide only, as it does not take into account your personal financial situation or needs. If you require assistance, it is recommended that you consult a licensed financial or tax advisor.