Required Documents for your Cash Direct Loan

Cash Direct has a very simple 100% online loan application process. Once you complete your online application, we just need 3 key things:

1. Your latest 90 day bank statement and proof of income

This is required to help us verify your application monthly budget and loan affordability.
You can upload your bank statement in seconds by logging into your Cash Direct online account, and select the Bank Statement upload button.
From there you can upload your latest 90 day bank statement from your bank directly, and also your latest Centrelink income statement.
You can also just upload a saved file of these items to the Documents section of your Cash Direct account

2. Your ID

We just need a front and back copy of your main ID, typically a Medicare Card or Valid Drivers Licence.
Just upload to the Documents section of your Cash Direct loan account, and that way we have it for future loans you may do with us.
You can also use other forms of ID such as a Passport, Birth Certificate, or any Valid Personal ID
To learn more about the valid types of ID in Australia, click here.

3. References

We won’t necessarily contact these references, but may use them to help us get hold of you if required during your Active loan period.
We need 2 x personal references, and they can be family, friend or work colleague, or just someone you know that is a reliable and trusted.
We just need their name, relationship and a contact phone number (mobile or landline is fine).

4. Credit History

In addition to the above, Cash Direct will typically review your credit report with a credit bureau like Illion, Equifax or Experian to verify your loan and credit history.

All Set? Get Started With Your Application

Apply Now

For our Small Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn’t apply. These are fee-based only, and so they don’t have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed.

For example, a loan of $1,000 repaid over 4 months equates to a total payable of $1,360. This is comprised of $1,000
principal (the amount borrowed), $200 establishment fee, and a total of $160 in monthly fees.

For our Medium Loans between $2,001 and $5,000. The base interest rate may vary depending on the loan product. The maximum rate we use is 48% and an Establishment Fee of $400.

Terms for our Small Loans are up to 3-12 months, and for our Medium loans, it is 3-24 months. With each, you can
repay your loan any time without being charged additional fees, and it will reduce your interest and fee cost overall.

Cash Direct Pty Ltd (ACN: 129 259 605; Australian Credit Licence 393862) is a specialist in providing cash loans to its customers when they need it

Warning about borrowing

*Cash Direct is not affiliated with, or endorsed, by Services Australia. We do, however, provide Cash Loans, Personal Loans and Vehicle loans for people receiving Centrelink Benefits.

Apply Now