Need Money Fast?
In today's complex world, finding money fast can make all the difference to you and your family. At PayAssist we have helped thousands of Australians who are short of cash due to sickness, bills or any other unexpected emergency. Whether you need a cash advance, access to fast money or emergency money, PayAssist can provide a short term cash solution for you.
In times like these, it's comforting to know that PayAssist can help you every step of the way!
If you are currently employed, and paid into a bank account, then in three easy steps you could have access to the money you need!
- Apply Online (click here)
Easy online application completed within minutes!
- Upon receipt of your information, we will process your advance application on the same day as you apply!
- Upon approval, money will be deposited into your bank account on the same business day!
Get money clear in your bank account by 4pm same business day*
No extra charges apply!
* Applicable only to CBA, ANZ, NAB, St George, Westpac, Bank of Melbourne and Bendigo Bank accounts
PayAssist is a Lender You Can Trust!
PayAssist is a trading name of one of Australia’s leading lenders, JE Finance Pty Ltd so if we can help, you will be dealing directly with us, not some third party. Borrowing money in an emergency is stressful enough, so we have made the whole process as clear and easy to follow as possible - with no hidden costs!
Check out our How it Works and our FAQ pages which go into a lot of detail so you know exactly what will happen and when and how much you will need to repay. As a responsible lender, we won't lend to anyone who we believe would be unable to repay their loan or if it would cause them any further problems. We are also here to help, so if your situation changes and you think you may have problems repaying your loan, we are available to help out.
If you are considering borrowing from us to help repay your existing loans, or already have several loans outstanding, then please don't apply as we will be unable to help in these situations.
Apply in Minutes for Your Fast Cash Loan
- You’ll get a fast conditional loan offer*
- We'll verify your information
- On final approval, the money is sent to you on the same day!
Once you've signed your short term loan contract, we'll make a few checks to verify your details. If you are a new customer, we will need to see your most recent 90 days banking transactions. You will need to provide 2 forms of your ID, we aim to make the whole online loan process hassle free.
After all your details have been confirmed we will contact you to let you know your cash loan has been approved. We'll then transfer the money to your account on the same** or next business day!
* Subject to verification, suitability and affordability
** Usually when your loan has been approved before 2pm EST, and you bank with one of the big four.
How Long is my Loan for?
The minimum and maximum loan term is 63 to 90 days, depending on your payment frequency. The actual term of your loan will depend on your current pay cycle and the date of your application. We are happy to adjust repayments to suit whatever preference you may have, so please feel free to get in touch and let us know.
We charge an Establishment of 20% of the sum borrowed, along with an additional 4% Fee for every month the advance is owing. These loans are fee based only and therefore costs are not calculated using an APR. There are no hidden fees and our loans can be paid out early without a penalty.
Example loan costs:
Below is an example of the cost of your loan.
EXAMPLE: A loan of $1,000 for 63 days has fees and charges totalling $320, Maximum APR of 110.38% and a total repayment of $1,320 (Other credit fees and charges may apply). The Maximum APR is 110.38%. The Comparison Rate, based on a loan of $1,000 over 6 months, is 152.04%. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan
Does an APR apply to PayAssist?
For our small loans of $2,000 or less, an APR (Annual Percentage Rate) doesn’t apply. These loans are fee-based only, and so they don’t have an APR.
We understand the importance of knowing your personal information is protected. This site is 128-bit SSL secured, meaning all data going to and from this site via our application form is fully encrypted.