The Best Quick And Easy Loans Online

The internet has made borrowing easier and more accessible than ever before. But the range of options on offer does make research and comparison increasingly important for anyone looking to land the best loan deals. In this article we’re going to be looking at the best ways to find quick and easy loans online. Follow these tips to make sure your loan hunt exposes the best loan options for you. We’ll kick off with:

Ask friends & family first

The most useful referrals will often come from your closest friends and relations. Ask around and see if anyone you know has taken a quick and easy loan online recently. If they have, they’ll let you know how it went for them and either point you towards a vendor that they had a good experience with or give you the dirt on a company to avoid.

Customer service and communication plays a large role in the short-term loan process. You’re looking for more than just a good rate. You need to work with a company that appreciates your position and aims to help make sure things go as smoothly as possible. At Cigno Loans, we know how important it is for our team to show understanding at all times, make the application process as simple as it can be and ensure the payout is processed as quickly as possible.

Use comparison sites carefully

As soon as you start looking for a quick and easy loan online, you’ll no doubt run into the mass of comparison sites out there. These platforms can be a handy way to find good rates and identify your base options, but they shouldn’t be the only source you rely on. A lot of people will go straight to one of these sites and pick the first offer at the top of the list without thinking twice.

Quick short-term loans are complicated products that can be altered slightly to look great on a comparison listing, while holding hidden fees and expenses that the list doesn’t show clearly. If you do use a comparison site as a starting point, it’s important to remember to look into the terms and further details of each option you highlight before going ahead.

Read into peer-to-peer loans before diving in

Peer-to-peer lending (P2P) is growing at a steady pace in Australia. It’s basically a means for anyone to invest in lending to make a decent return, while borrowers can apply for any amount needed without having to visit a bank. It’s popular because its faster than applying for credit cards and the rates on offer can be very attractive. If you’re thinking of landing a quick and easy loan online through P2P platforms, you shouldn’t do so without understanding the risks and terms as closely as you can.

Payouts for P2P loans can vary but are rarely accessible within hours. So if you need your loan right away, this isn’t anywhere near as fast as a payday loan.

Payday loans are for emergencies  

If you need the money as quickly as possible, a short-term payday loan will be the best way to receive the funds on the same day that you apply if accepted. The main thing you’ll need in order to secure a payday loan is clear proof of your current income. At Cigno Loans, as long as we can see that you’re earning enough to pay back what you intend to borrow, we’ll be happy to help you out with a rapid loan straight to your account.

Payday loans are designed to be paid back within weeks, so they are only suitable for pressing situations where you need delivery soon as possible. Even if you have a less than perfect credit score, we’ll still be able to help as long as we can see that you’re in consistent employment with a payday coming up to cover what you’re borrowing.   

Those are the basics! Follow the pointers above and you’ll have the best chance of landing a great quick and easy loan online. Remember, you should always make sure you’re fully aware of all costs and charges involved in the terms of your loan before agreeing to take it. Rushing into deals you can’t afford is a sure way to throw yourself into rough financial trouble down the line. The more work you do to weigh up your options, the more confident you’ll be in your final choice!

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For more information, please don’t hesitate to contact our friendly customer service team. 

You can also read more about payday loans in our previous blog post: How To Get Fast Cash Loans Without A Bank

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.


Ordered by the Federal Court of Australia

The Federal Court of Australia has found that Cigno Australia Pty Ltd (Cigno Australia) and BSF Solutions Pty Ltd (BSF Solutions) have breached the law by engaging in unlicensed credit activity and charging prohibited fees.

In the period from July 2022 to 3 October 2023, over 100,000 consumers have been lent a total of $34 million, and charged fees of over $70 million, under the ‘No Upfront Charge Loan Model’ operated by BSF Solutions and Cigno Australia. At no time has either BSF Solutions or Cigno Australia held an Australian Credit Licence.

The Court also found that Mark Swanepoel (director of Cigno Australia) and Brenton James Harrison (director of BSF Solutions) were involved in these breaches of the law.

With effect from 24 May 2024, the Court has granted permanent injunctions preventing Cigno Australia and BSF Solutions from:

  • demanding, receiving or accepting fees or charges, including amounts of loan principal, from consumers in relation to credit provided under the ‘No Upfront Charge Model’; and
  • engaging in further credit activity pursuant to the ‘No Upfront Charge Loan Model’, including by entering into new agreements with consumers, for so long as they do not hold an Australian Credit Licence.

Cigno Australia was ordered by the Court to, by 5th July 2024, send written communications to consumers who between July 2022 and December 2022 entered into agreements with Cigno Australia and BSF Solutions under the ‘No Upfront Charge Loan Model’.

The Court will later determine whether (among other things) Cigno Australia and Mark Swanepoel ought to pay a pecuniary penalty in respect of this conduct, and whether Mark Swanepoel should be restrained from carrying on a business engaging in credit activity.

Cigno Australia, BSF Solutions, Mr Swanepoel and Mr Harrison intend to appeal the decision of the Court and have filed an application for leave to appeal. If the appeal is successful, some or all of the orders of the Federal Court of Australia may be set aside.

Where can you get more information?

Where to go for further support

You can access legal advice in your state at: Free legal advice –

If you are experiencing trouble with debt, or money worries in general, contact:

  • the National Debt Helpline on 1800 007 007 or online chat (9:30am to 4.30pm, Monday to Friday).

If you need someone to talk to, contact:

  • Lifeline on 13 11 14 (24 hours) or their crisis support online chat or
  • Beyond Blue on 1300 22 46 36 (24 hours) or their webchat