MoneyMe offers customers fast loans in Hobart from $5,000 to $50,000 and it doesn’t matter whether you’re applying for small loans or larger, long term loans, the application process takes you the same amount of time and approvals are fast. Our online application form has been specifically designed to be as quick, painless and intuitive as possible. It takes you just minutes to complete and submit and we have developed a low doc application process that means you don’t have to spend ages locating and uploading unnecessary paperwork. Instead, when you complete your application with us online, you are directed to a secure portal which requests that log into your online banking website. This portal is powered by illion’s secure bank-level encryption software and we don’t receive any of your login credentials or any access to your account. What we receive is a read-only 90-day statement from your account. We use this statement to verify your application details instantly, including your salary so there’s no need to annoy your employers or for you to anxiously wait for us to verify them over the phone.
Once our loans team has reviewed your application for any of our quick loans, we send you a loan offer and approval notice. Your loan offer will include what amount you have been approved for, the interest rate that we are offering you, the loan term (how long you have to repay your new personal loan) as well as any other fees and charges that are applicable. Fees like establishment fees are rolled into your loan balance so there are no upfront costs to you.
If you’re happy with the loan offer that we have made you then it’s simply a case of digitally signing your new contract with us and returning it. When we have received a signed copy of your contract (takes a few minutes), we transfer your new funds immediately. This could mean that a same day loan Hobart can be applied for in the morning with the money hitting your account by the same afternoon. To ensure that you receive the fastest turnaround on a new application with us, apply during our business hours.
Quick loans from MoneyMe are therefore paid entirely into your account in one lump sum and then you repay that money over time at the agreed repayment amount for the agreed loan term. There is no redraw facility available which means that you can’t increase your loan amount and get a fresh cash injection. If you’re looking for more flexible credit alternatives then you may want to consider our Freestyle virtual Mastercard®. Freestyle Mastercard works just like any other credit card but with added features and offers. When you use any of your funds and repay them then they become instantly available to use again. Freestyle customers also enjoy up to 55 days interest-free on purchases made with their online credit card so if you repay your credit balance within this term then you’re not paying any interest at all. Other fees and charges may still apply.
Freestyle lives in your smartphone rather than your wallet which means that when you apply and are approved for our online credit card, your new funds are made immediately available.