Cash Train Short Term Loans
Cash Train offers a quick and easy way to borrow money fast! Apply online for amounts between $200 to $2,000 and repayments will be over 10 weeks or 3 months depending on your payment cycle. If approved you'll get the cash paid directly into your bank account on the same day (if approved by 3pm WST). Of course some transfers between banks happen faster than others, so some Cash Train payments will be in your account on the same day and other may take a day or two. Fees are charged at 20% of the total amount + 4% monthly fee. Cash Train has recently introduced some new features to their short term loans which mean that you have longer to pay back the loan - it's now a 10 week or 3 month repayment period rather than just one month. You can check on the Cash Train website what the repayments would be for weekly, fortnightly or monthly installments. First time customers can apply for up to $800.
Standard Fee 20% of Total Amount Borrowed + 4% Monthly Fee
Max. Loan $2,000
Loan term 10 weeks to 3 months
How fast Same Day
The cool stuff: features
Repayment method Direct Debit
Online application Yes
Phone application -
Refinancing Once your loan has been repaid, you are able to make another loan request on the very same day.
Speed 3 Hours - 3 Days (Depending on which bank you are with)
The Facts & Figures
Min. loan $200
Min. term 10 weeks
Max. term 3 months
Requirements Over 18 Years Of Age, Have A Steady Income, Work Full or Part Time, Have a Bank Account, Are Paid into Your Bank Account, Are Paid Weekly, Fortnightly or Monthly
The ugly stuff: fees
Fee Fail to Make Scheduled Repayment Fee Of $25
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Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Fees Equate To $24 per $100 borrowed in the first month and $4 per $100 borrowed each month thereafter
- Everything Can Be Done Online
- Quick Cash Deposits
- Simple Application Process
- Shorten your loan term or repay early at no cost
- Easy To Apply
- Can Still Be Approved With Bad Credit History
- Money Could Be In Your Account Within 3 Hours
- Customers can shorten their loan term or repay early at no cost
Terms & conditions
* If approved by 3pm WST