Are There Any Guaranteed Payday Loans?

Are you looking for a guaranteed payday loan? Although most loans are not guaranteed, some companies offer them. 

Some of these types of loans may be more expensive than other options available to you, but they can provide the money you need quickly and easily. If you have had trouble getting traditional financing or if your credit is less than perfect, this may be the right option for you. 

Read on for information about how to apply and what might be needed with these types of loans.

What Exactly Are Payday Loans Guaranteed?

A payday loan is also called a salary loan, cash advance, quick cash loan or Instant Approval Loan. Mostly, this type of loan is associated with an agreement. The lender will verify your employment record, including your previous payroll, payable within a short period (mostly one month).

People resort to these types of loans if they need the money right away or if an emergency occurs. Budget management is also a reason since their necessities like groceries and house bills were set aside accordingly.

Guaranteed Loans or Payday loans are also referred to as cash advance loans, salary loans, Instant Approval Loans, payday advance loans, payroll loans, same-day emergency loans. They are all a form of short term loans. This type of loan does not require any collateral. Instead, it uses your job and employment status as collateral for a loan. Typically, the loan amount for this type of loan is between 50 dollars to 1,000 dollars, which is often enough to sort you out of an emergency financial situation or provide you with the needed time to get a larger amount of personal loan. 

Keep in mind that the amount you can access is not guaranteed and would vary from lender to lender and sometimes according to location. In Australia, payday loans are under the Small Amount Credit Contracts (SACC). For most companies that offer guaranteed payday loans, the maximum amount they offer for this type of loan is 2,000 dollars. The repayment period may take between 16days to 12 months, with the cost increase per month. 

Do you need money, and your credit is not the best? Read this guaranteed payday loan that can help you out. 

Can I Get a Guaranteed Payday Loan in Australia?

No – there’s no such thing as guaranteed approval for payday loans in Australia. You’ll need to qualify and prove you can afford to repay your borrowing, no matter what. That doesn’t mean you can’t get access to fast, convenient short-term borrowing when you need it most, though. Online lenders offer a couple of distinct advantages for borrowers.

Firstly, they operate within strict responsible lending guidelines to assess payday loan applications very quickly. So while you won’t qualify if your loan isn’t affordable, it means that things are black and white. That allows lenders to automate many parts of the process and turn around decisions in minutes. For example, lenders check your credit report and bank statements to ensure you don’t have too much-existing credit and compare your income and spending to afford to repay what you’ve applied to borrow without difficulty.

Secondly, payday lenders offer entirely digital application portals. That means you can fill out any online forms and upload ID and documentation via the web, further speeding up the process. Finally, when it comes to settling your loan, lenders transfer money directly to your bank account, so all-in-all, it’s a speedy process.

How do I apply for a payday loan, and am I guaranteed to qualify?

Whether you are successful will depend on meeting the lender’s qualification requirements. Still, you can guarantee you’ll have a quick application process by being careful with the application and providing everything the lender needs to decide.

To begin, you’ll need to tell a little bit about yourself – like where you live, how you earn your income and what you spend – as well as what you need to borrow and why. We’ll then match your details with the best loan provider from our extensive partner panel, which increases your chance of a trouble-free application.

Once we’ve done that, we’ll put you straight in touch with the lender, and you can begin your application. Lenders will need a few basic documents and get you to fill out a quick form on their end to ensure that you have the means to manage the loan that you’re applying for comfortably.

From there, your lender can approve your application and transfer funds within one business day, with many offering to turn these around within just an hour or two. If you’re looking to maximise the speed of your application, apply earlier in the day so that you’re given the best chance to receive your funds fast.

What Are the Application Process and Charges of a Guaranteed Loan, Credit Australia?

You need to apply properly if you search for guaranteed payday loans no matter what Australian lending companies you contact. You need to follow the following steps for this part:

  • Look out for the payday loan providers closest to you and compare their interest rates and other costs.
  • Try and use an online broker as they tend to work with a large panel of lenders.
  • Browse their website for an online application form or visit their office to fill the form. 
  • Complete the form with verifiable information, if possible and where relevant, provide all the proofs
  • Submit the completed application form, wait for it to be approved. Usually, the waiting period is between 15 minutes to 20 minutes. This also depends on your lender and the location.
  • After approval, you would be asked to provide all relevant proofs for documentation, such as proof of income, identity, age, and others. You will have to wait for them to be verified. 

After verifying your documents, your loan should be ready as soon as possible, the lender will transfer the money, and you can access it in your bank account.

Frequently Asked Questions About Payday Loan

There are many reasons you might opt for a short term cash advance. It could be that you’ve had an expense arise that you hadn’t budgeted for. Or there may be a delay in your paycheque clearing. Perhaps you need to help out a family member or friend, and that’s left your bank account balance looking a little low until the next pay cycle.

There are always unexpected expenses that will arise. You may have a little bit of savings set aside for situations like this, but sometimes more than one bill takes us by surprise. Therefore, you may find that you need to explore lending options.

An example might be that firstly you receive an electricity bill that is more expensive than you expected. Secondly, your car breaks down, and you need extra cash for the mechanic bill. Thirdly, your fridge suddenly stops working. All of this in the same week?

Sometimes bad luck comes all at once, and you might not have the financial flexibility to deal with it all at once. This can be frustrating when you’ve done your best to plan and budget. So, if events out of your control have left you scrambling for solutions, a simple and quick advance from cash today could help you get back on track. In addition, our lending options could help take some of the stress out of the situation.


Bad credit loans sound fantastic and can be very helpful if you’re in a tight spot. However, it’s important to discern between them and adverts like bad credit loans Australia guaranteed approval. So, to avoid the trap of bad credit loans, Australia guaranteed approval. We only deal with legitimate lenders offering real personal loans for bad credit.

We don’t like the stress and worry that goes into most loan applications any more than you do – that’s why we work with loan providers who are flexible and realistic. Not bad credit loans Australia guaranteed approval.

If you’ve been through the wringer trying to get credit from the bank or a traditional lender, you may be on the point of giving up. But you don’t have to!

We can find providers of cash loans for bad credit customers that are a bit more understanding. Unlike banks that might punish applicants for having less-than-perfect credit records, these online lenders can provide real loans for real people.

So, what’s most important to us isn’t your credit score – including missed payments from five years ago – it’s what you’re earning now and how you manage your money today. Of course, if you’ve had your share of adventures with credit, that’s just part of your life story. But, unfortunately, it shouldn’t stop you from reaping the potential benefits of bad credit loans!

Emergencies can arise. It’s not always possible for you to have extra cash on hand to cover the expense. Your credit card may be an option, but credit cards can come with high-interest rates, especially for cash advances. If you don’t remember to make extra repayments above the minimum amounts, paying off the balance can be a very difficult, costly, and drawn-out process.

Taking out a personal loan with your bank could be time-consuming or challenging. In addition, what appears to be a simple online process could lead to requests for supporting documents, more forms, or back and forth communications with the bank to get approved.

Requesting to borrow money from people in your social network or family can often be uncomfortable for you, them, or both of you. You may have to explain why you need the money. You may not feel great giving out details of your financial position to others. Others may feel obligated to help but be stretched themselves financially.

Any form of lending will come with its own set of pros and cons. To make the best choice for your set of circumstances, you need to understand all of the risks and benefits of exploring options. Having all the information can help you in making an informed decision from there.

There is no perfect choice, but we suggest that you look at our fee structure, plus the convenience of the quick and easy application process. This might help you to decide if a payday advance is the best course of action for you.

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