Are you a bit short of cash? Did something unplanned crop up? An emergency? If you need a little help getting through to your next payday, jump on the Cash Train, the short term lender of choice for thousands of Australians just like you.
Cash Train is just the ticket for smaller short term cash flow issues. You may just need a little extra cash to help out with food shopping, unexpected bills or to pay for fixing an appliance or even your car. Perhaps you have forgotten or not planned for an important anniversary or some other celebration? Whatever the reason, our cash loans are handy in an emergency or helping you have some fun. Whatever you need your short term loan for, we have made it as simple as possible to get the money into your account with a quick application online.
If you’re over 18, employed and an Australian resident, you can apply now and get an online offer* within minutes.
We could lend you from $250 to $1200 with your fast cash loan deposited direct to your bank account. Funding and approval times depend on how quickly we receive the information we need to make our lending decision. After cash has been deposited, it may take anywhere between 3 hours and 3 business days depending on who you bank with.
So how do you get access to fast cash from Cash Train? It’s simple. Our easy online application form takes just minutes to complete. It gives us most of the information we need to make a quick online loan offer* to you. You can sign your contract while you’re still online, so it’s really convenient and you don’t have to go to any store or even leave your home or office!
* subject to verification, suitability and affordability
* subject to verification, suitability and affordability
Once you've signed your short term loan contract, we'll make a few checks to verify your details. If you are a new customer, we will need to see your most recent 90 days banking transactions.. The easiest way to do this is to use the secure online link through our trusted partner, Decision Logic, that we will send you when you apply. In most cases we can confirm your identity online but in rare situatins we may need you to provide a copy of your ID, but we'll let you know if we need it as we aim to make the whole online loan process hassle free.
After all your details have been confirmed we will contact you to let you know your payday loan has been approved. We'll then transfer the money to your account on the same or next business day!
Cash Train is a trading name of one of Australia's leading payday lenders, PAID International Limited so if we can help, you'll be dealing directly with us, not some third party. Borrowing money in an emergency is stressful enough, so we have made the whole process as clear and easy to follow as possible - with no hidden costs! Check out our how it works or loan costs pages which go into a lot of detail so you know exactly what will happen and when and how much you will need to repay. As a responsible lender, we won't lend to anyone who we believe would be unable to repay their loan or if it would cause them any further problems. We are also here to help, so if your situation changes and you think you may have problems repaying your loan, we are available to help out and to take your calls.
If you are considering borrowing from us to help repay your existing loans, or already have several payday loans outstanding, then please don't apply as we will be unable to help in these situations.
As Responsible Lenders, Cash Train feels you should have as much information at your fingertips before making the decision to apply.
With this in mind, here's a quick summary of key information and links to more detail:
|Things You May Want To Know||Information Summary||Further Details|
|How to Contact Us||Call Us||13 80 20||Contact Us|
|Write to Us||PO BOX 395, Mt Lawley WA 6929|
|How We Are Regulated||Cash Train is a trading name of PAID International Ltd which holds an Australian Credit Licence, licence number 390999 and is regulated by ASIC. PAID International is also a member of the Credit Ombudsman Scheme which can assist in any disputes that we are unable to resolve with you in the first instance. Our COSL Membership Number is M0003668.||About Us|
|That We Are Responsible Lenders||When the concept of "responsible lending" was introduced by the National Consumer Credit Protection Act 2009, it wasn't new to us. For us, responsible lending – such as making sure you can afford to repay the loan and that it helps you out as a short term fix, not a long term debt – has always been key to the way we work. In fact, we do more than the Act requires and are one of the only short term lenders we know who offer a 24 hour "No Worries" Guarantee – if you change your mind and return the cash within 24 hours, there's nothing extra to pay||Responsible Lending|
|How Much it Costs||Our loan costs are the same for all states. We charge an establishment fee which is 20% of the loan amount you borrow plus a 4% monthly fee.||Loan Costs|
|What Happens if You Have Problems Making Your Repayments||We understand that people do, with all the best intent in the world, have problems meeting their repayments. The key thing is that you speak with us and let us know what the problem is. If this is the case, we will work with you to help you meet your obligations without additional financial stress. If you do miss a payment a $38.50 failed payment fee may apply. If you choose to ignore your obligations and refuse to either make a payment or discuss the issue with us we have the right to take further action which could include registering a default on your credit file, passing your information to a specialist debt collection agency and/or legal action.||Information Statement Q 22
|If You Can Renew Your Loan with Us||A payday loan is a short term solution and not one intended to last more than a few weeks. We do not offer renewals. Once you have repaid a loan in full and in a timely manner, we will normally be able to assist you with further loans when required. As responsible lenders, we will continue to assess your circumstances for future loans.||Information Statement Q 23
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