Same Day Loans

A same day cash loan can come in handy when you are met with unexpected situations – such as emergency car repairs or urgent travel.

Subject to meeting our lending criteria, Cash Train's same day loans allow customers to borrow a small amount of money and receive it quickly for you to make urgent payments. The borrower will then repay the loan amount, plus fees over an agreed repayment period.

We understand that our same day loan customers often require immediate financial assistance. While we make every effort to approve eligible applicants on the same day they apply, we can't guarantee that every loan will be approved on the same day.

For example, if you submit your application outside of normal business hours (e.g., or after 3 p.m.), your loan request will not be reviewed until the following day. Also, due to some banks’ processing times, it can take 1-2 working days for the funds to become available and enter your bank account.

From Cash Train, yes! We pride ourselves on offering those in financial need access to regulated credit products with extensive consumer protections.

Cash Train's same day loans are not designed to be a long-term financial solution; they are intended to provide eligible customers with urgent money to cover unexpected expenses.

Check out our same day loan costs to make sure you understand the total repayable and relevant interest charges.

With a same day Cash Loan, you could borrow up to $2,000 with a maximum loan term of 12 months. With our Personal Loans, you could borrow a higher amount at up to $8,000 with a maximum loan term of 20 months.

Cash Train is committed to giving our customers a go, even if other financial institutions have refused them. We understand people’s current circumstances are not always indicative of their credit history and we assess each loan application on a case-by-case basis.

Customers with a bad credit history can still be considered for our same day loans, as long as they are eligible and can comfortably repay the loan.

At Cash Train, we aim to get your funds to you as quickly as possible. The online application only takes a few minutes to complete, and once we have all the required details, we assess your loan promptly during business hours. If everything is in order, approval can often happen the same day.

For online customers, once approved, money is sent directly to your bank account. If your bank supports NPP (New Payments Platform), you could receive the funds in as little as 30 minutes.

For customers applying in person at one of our branches, you can choose to receive cash on the spot once your loan is approved.

Please note, not every loan can be funded the same day. The timing depends on factors such as receiving a complete application with the required bank statements and whether the application is submitted during our office hours.

Also see our quick loans online page for further details of our online process.

To help you avoid missed payments and additional fees, your loan repayments will be set up automatically via direct debit with the funds digitally transferred to us from your bank account on the agreed repayment dates. Depending on your loan terms, we can align your loan repayments with your pay cycle. For example, if your pay day is at the end of each month, you could make monthly repayments.

Check out our same day loans costs to make sure you understand your monthly repayment amount. If you think you may run into difficulty, contact our friendly team.