Emergency Loans

Emergency loans could come in handy when you are met with an unexpected situation and need money fast to pay off last-minute bills or urgent expenses. The funds are disbursed promptly, usually within the same day, to provide cash immediately.

Emergency loans typically work similarly to other types of personal loans but are designed to provide customers with money quickly to address an emergency expense. The borrower will then repay the loan amount, along with any fees, according to the terms outlined in the loan agreement.

To apply for an emergency loan, you must:

• Receive regular income
• Be an Australian resident
• Be at least 18 years old or over

In addition to meeting our eligibility requirements, approval for an emergency loan is determined on a case-by-case basis and your ability to meet your repayment schedule.

Yes, you may still qualify for an emergency loan with Cash Train even if you have bad credit - we'll give you a go!

We understand that past financial difficulties shouldn’t prevent you from getting help when you need it.

Instead of focusing only on your credit history, we look at your current income, expenses, and ability to repay the loan.

As long as the loan is affordable and suitable for your situation, you could be approved.

If bad credit is a concern, you might also want to explore our bad credit loan option. This type of loan is designed for people who have had credit issues in the past but can demonstrate they can manage repayments now.

Yes, Cash Train offers emergency cash loans to customers who receive Centrelink benefits. We understand that many people rely on Centrelink as their main source of income, and we assess your application based on affordability, not just where your income comes from.

As long as the repayments fit comfortably within your budget, you may be eligible – even if Centrelink is your only income.

For more information, take a look at our Centrelink loan option, which is specifically designed to help those receiving government benefits to get access the funds they need.

If you need money quickly to cover an unexpected expense, Cash Train offers an emergency loan that is simple to apply for and fast to access.

Unlike many other lenders, our emergency loans are designed to be hassle-free, with an application process you can complete online in minutes. Once approved, funds can be transferred directly to your bank account, often on the same day.

With a Cash Train emergency loan, you could borrow up to
$2,000 with flexible repayments over a maximum term of 12 months. We consider a wide range of applicants, including those with bad credit or Centrelink income, as long as the loan is affordable for you.

For smaller, short-term borrowing, you may also want to read about our payday loan product, which works similarly but comes with longer repayment options compared to traditional payday lenders.

Applying is easy – you can apply online anytime or visit one of our branches for in-person service.

With Cash Train, the process is designed to be as fast as possible. You could complete the branch or online application in just a few minutes. We can generally start assessing it right away, during our regular office hours.

Our team reviews your income, expenses, and bank statements quickly to make sure the loan is suitable and affordable for you.

If your application is approved, funding can often happen on the same day, with money sent directly to your bank account or picked up in branch. In many cases, we use NPP (New Payments Platform) to transfer funds, which means you could receive the money in as little as 30 minutes, depending on your bank.

While most applications are processed quickly, please allow 1-2 business days for bank processing times if needed. For more information on quick funding, visit our fast cash loan page.

Paying your loan is set up automatically via direct debit with the funds digitally transferred to us from your account on the agreed repayment dates.

We recommend checking out our emergency loans costs to make sure you understand what you will have to repay ahead of time. If you think you may run into difficulty and are unable to make the repayment, contact our friendly team. It may be possible to reschedule your repayments.