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Payday Loans with Cash Train

We are conscious that world events are causing stress within the community and for many of our customers. We are grateful that we can continue to provide Financial Solutions and Emergency Cash to you when needed. We welcome you to call us, apply online or visit your local Branch as you normally would.

Cash Train Payday Loans

Apply in Minutes

Why apply for a Cash Train Payday Loans?

Fast Approval

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Apply today and you can get your funds within a few hours! The faster we receive the information we need to make our lending decision from you, the faster you will get your loan

Easy Application

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Apply for a loan between $200 and $10,000 online today. Our application form only takes minutes as we aim to make the whole online loan process hassle free.

Trusted Lender

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Cash Train is a trading name of one of Australia's leading cash lenders. As a responsible lender, you'll be dealing directly with us, not some third party. We are also available to help out and to take your calls.

What is a Payday Loan?

Payday loans are short-term forms of credit intended to help you get cash when you need it the most. While they typically charge higher fees than other forms of short-term lending, they’re typically for small amounts that are intended to help with immediate financial fixes, rather than being long-term financial solutions.

Cash Train is committed to closing the gap in the market for consumers who are either excluded from, or who simply choose not to obtain credit from mainstream financiers and allowing customers who are in financial need access to regulated credit solutions with extensive consumer protections.

Should I get a Payday Loan?

A Cash Train Payday Loan can help in many situations including:

  • Unexpected bills
  • Emergency medical costs
  • Vet bills
  • Appliance repairs
  • Car trouble

Payday Loan Term Definitions & Features

Comparison RateCan be thought of as the overall cost of a loan – based on several factors including interest rate and fees
Interest RateA rate of interest that is charged to the borrower, usually an annual percentage of the loan outstanding
Application FeeA fee that is charged when you apply for a loan
Other FeesAny additional fees that may be associated with a loan application
Extra RepaymentsExtra repayments are made after the establishment of the loan. Extra repayments could help you reduce the amount of fees and repayment term.
Loan UseConditions for use of loan – some loans can only be used for specific things such as the purchase of a car or home renovations.
Loan TermThe length of the loan. Generally shorter loan terms have lower fees rates and longer loan terms mean lower repayments and higher fees rates.

Paying Off Your Payday Loans?

A Cash Train Payday Loans can help in many situations:

Check out our payday loans costs to make sure you understand what you will have to repay. We believe in being up-front with all the costs and have no hidden charges or fees for you to worry about.

Repaying your payday loans is done automatically in the background on the agreed repayment dates. The funds will be digitally transferred to us from your account by its direct debit facility.

If you think you may run into difficulty and your situation changes so that you are unable to make the repayment, give us a call as it is may be possible to reschedule your repayment. See loan costs for further details.

Existing Customers

Existing Customers can benefit from a faster borrowing process and as your trust rating improves, it may even be possible to borrow more money with any subsequent loan - as long as you meet loan payments and repay your loan in full, on time and can afford the higher amount.

* If you are borrowing with us again and you have taken out any other small amount credit contracts in the last 90 days or it has been over 90 days since we viewed your documents, it is a legal requirement for all lenders to assess your application and view 90 days worth of bank statements.

Cash Train Payday Loans Rates, Fees & Limits

Establishment Fee 20%
Monthly Fee4%
Early Repayment Fee$0
Minimum Loan Amount$200
Maximum Loan Amount$2,000
Minimum Loan Term10 weeks or 3 months, depending on your payment frequency.
Maximum Loan Term12 months

Payday Loans With Cash Train

Cash Train is the trusted lender of choice committed to transforming the consumer lending industry in Australia.

With a proud history of giving people a go over the last 20 years, our 40+ branch network across Australia is proud to be part of the communities it serves.

Our branches are located in retail precincts all around Australia providing a face to face experience which, together with our innovative online product offerings, give customers convenient access to products and services whatever their circumstances.

Cash Train is an industry leader committed to closing the gap in the market for consumers who are either excluded from, or who simply choose not to obtain credit from mainstream financiers and allowing consumers who are in financial need access regulated credit solutions with extensive consumer protections.

We are our customers and believe in providing Efficient, Innovative, Flexible and Understanding financial solutions to suit everyone’s needs.

"Giving People A Go"

Payday Loans FAQ

How long does an unpaid payday loan stay on your record?drop down arrow expanded

A default stays on your credit report for 5 years, or seven years in the event of a clearout (i.e. the loan provider was unable to contact you). If you pay the debt, the default will still be noted on your credit report, but will also clarify that the amount was paid.

    What happens if you get a payday loan and close your bank account?drop down arrow expanded

    If you are having issues repaying your loan, please contact Cash Train to discuss hardship options. However, if you take out a loan and subsequently shut your account, Cash Train has a number of recourse options available.

      How can I get a quick payday loan fast?drop down arrow expanded

      Cash Train has a quick and easy online application process which asks a series of questions to determine your suitability for a bad credit cash loan or for a larger amount via bank transfer. If you are approved, you will also have the choice of whether to proceed with the loan or not.

        Example Loan Costs

        • 3 Months

          Fast Cash

        • 6 Months

          Fast Cash

        • 12 Months

          Fast Cash

        • 20 Months

          Personal Loan

        • 24 Months

          Personal Loan