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Click here to be directed to CashPal ️Sometimes payday is not soon enough. The rent is due, your car registration has lapsed, or a bill cannot wait another week. A cash advance can bridge the gap, but it is debt and it carries costs. Borrow the smallest amount that covers the expense and only if you can repay on time without strain.
MeLoan offers cash advances from 500 to 5,000 dollars for Australians who need quick access to funds. We are a direct lender, so you deal with us from application through to final repayment.
A cash advance is money you borrow against your next pay or income payment. Think of it as getting paid early, but you pay a fee for the convenience. The money gets deposited into your account quickly, and you repay it when your income arrives.
People use cash advances for situations like:
Your rent is due tomorrow but payday is next week. The kids need school supplies and you've hit your limit until pay comes in. Your car needs registration and you can't drive without it. A bill arrived with a final notice and you need to avoid extra charges.
Cash advances are designed for short-term cash flow problems, not long-term financial solutions. They work best when you know money is coming but the timing doesn't match your expenses.
Cash advances aren't cheap. You're paying for speed and convenience, which comes at a cost. There are establishment fees, account keeping fees, and interest charges that add up quickly.
The total cost depends on how much you borrow and how long you take to pay it back. A $500 advance for two weeks costs differently than a $1,000 advance for a month.
Use our loan calculator to see exactly what you'll pay back before you apply. The numbers don't lie, and you need to know what you're committing to.
We're upfront about what cash advances cost. No hidden fees or surprise charges that appear later. What you see in your agreement is what you pay.
As a direct lender, we make decisions quickly without passing your application between different companies. This means faster processing and clearer communication.
Our online application works around the clock. Apply when it suits you, not when we're open. If approved during business hours, you might get your money the same day.
Emergency cash advances are for urgent situations that can't wait. Medical expenses, car repairs, or avoiding utility disconnection.
Payday advances help when your expenses don't line up with your pay schedule. You know money is coming, but you need it now.
Bill payment advances prevent late fees or service disconnections that would cost more than borrowing the money.
Same-day advances get processed quickly for eligible applicants who need funds immediately.
You need to be 18 or older, live in Australia permanently, and show regular income for at least three months. This includes wages, Centrelink payments, or other steady income streams.
Poor credit doesn't automatically rule you out, but we need to verify you can afford the repayments. We look at your current financial situation, including income and expenses.
You'll need to prove your identity and income through secure online banking access. We use read-only technology to view your transactions without accessing your accounts.
Here's how it works: Complete our online application with your personal details. Provide secure access to verify your income and expenses. Wait for our assessment decision. Review loan terms if you're approved. Receive funds transferred directly to your bank account.
Centrelink recipients might need to provide recent statements to verify their payment amounts and frequency.
Before taking a cash advance, consider alternatives that might cost less:
Ask your employer about advance pay arrangements. Many workplaces can pay you early in genuine emergencies. Contact creditors about payment extensions. Most companies prefer to wait for payment rather than lose customers. Check for emergency assistance programs through government or charity organizations.
If you have a credit card with an available limit, using that might be cheaper than a cash advance, depending on your interest rates and fees.
| Feature | MeLoan Cash Advance | Credit Card Cash Advance |
| Approval process | Quick application with income verification | Use existing credit limit |
| Fees | Establishment and account fees | Cash advance fee plus higher interest |
| Repayment | Fixed schedule aligned with income | Minimum payments with compound interest |
| Credit requirements | Consider current financial position | Need existing credit card approval |
| Best for | People without credit cards or with maxed limits | Cardholders with available credit |
Cash advances cost more than regular loans because they're processed quickly with minimal paperwork. You're paying for convenience and speed.
Your costs include an establishment fee to set up the loan and a monthly account keeping fee. Interest is charged on the outstanding balance. Paying the loan off sooner reduces the total you pay.
Compare the cost of a cash advance with the cost of going without the money. Add up any late fees, disconnection charges, or other penalties you would face. If those costs are higher than the cost of the loan, a cash advance may be the cheaper option.
Borrowing money creates obligations. You need to repay on time, keep your contact details current, and notify us immediately if you're struggling with payments.
Late payments trigger additional fees and can damage your credit rating. This makes future borrowing more difficult and expensive.
Plan your repayment before you borrow. Make sure you can afford the payments without creating bigger financial problems.
Ask yourself: Do I really need this money now? Can I wait until my next pay? Will borrowing solve my problem or just delay it?
Consider whether you're using cash advances to cover regular living expenses. If you consistently run out of money before payday, a cash advance won't fix the underlying budget problem.
Think about creating an emergency fund for future unexpected expenses, even if you can only save small amounts each week.
Applications approved during business hours can see funds transferred within hours, depending on your bank's processing times. After-hours applications typically process the next business day.
We consider more than credit scores when assessing applications. Your current income, expenses, and ability to repay matter most. However, we still conduct responsible lending checks as required by law.
Yes in some cases. Contact us before your due date to discuss options. An extension may attract extra fees.
Late fees can apply and your credit rating can be affected. If you are having trouble, contact us immediately, ideally before the due date.
Cash advance amounts range from $500 to $5,000. We assess each application based on your income and ability to repay.
Yes. We are required by law to check your credit. We consider your overall financial situation, not just your score.
Generally no. Multiple advances make budgeting harder and raise the risk of falling behind.
Yes. We use bank level security, encryption, and strict access controls to protect your data. We do not share your information with other companies for marketing.
Wages, salary, Centrelink payments, regular freelance income, or other money that arrives consistently. We need to see at least three months of this income in your bank statements.
Yes, if you've had regular casual income for at least three months. We assess your average earnings over time to determine your repayment capacity.
If you're facing an immediate expense and need quick access to money, a cash advance might help. Remember that borrowing costs money, so only take what you absolutely need.
Our online application is available 24/7, though processing happens during business hours. The application is straightforward because when you need money urgently, complicated forms are the last thing you want to deal with.
Apply through our secure system, but only after honestly assessing whether borrowing will improve your situation or potentially make it worse.
With years of experience under our belt, we can provide some tips & tricks to help you save
