1 Hour Loans

It only takes 5 minutes

Get Started Now!

Online decision

Safe and Secure

Bad Credit Ok

24/7 Customer Service

    Why choose us?

  • Apply Online 24/7

  • We don’t charge any fees

  • Simple, Easy Loan Application Form

  • 150+ lenders

  • No check credit history

  • Flexible Payment Options

  • Cash in Bank Account


issued loans


satisfied customers



3 Steps to Get Money Online

  • APPLY. Fill out the short and easy online application. It’s 100% safe and fast. No more wasted time preparing a bunch of papers!

  • APPROVED. Obtain fast approval of your application in a minute from a multiple reliable lenders.

  • RECEIVE. By the next business day check the bank account to make sure your money were transferred successfully.

Don't waste your time!

Get a Loan Online

The main reason why people choose emergency cash loans is speed. When you are really pressed for time, every minute matters. No surprise that in emergency situations, people don’t want to waste their time waiting. That is why 1-hour cash loans are all the rage these days.

1-Hour Loans Overview

How much time do you need to apply for a loan and get an approval? When it comes to conventional bank loans, the whole procedure can take several days; sometimes, more than one week. But what would you say if you could reduce this time to just one hour? It’s not impossible with 60-minute loans that can be obtained online and with minimum hassle.

1-hour cash loans are not provided by banking institutions. Instead, the lenders are independent companies, which can also be referred to as micro-financial companies. In Australia, their activities are regulated by the Uniform Consumer Credit Code (UCCC). These lenders have minimal requirements for potential borrowers. Thus, unlike banks, they don’t check their clients’ credit scores or credit history. They approve an application irrespective of the client’s credit score if he or she can provide a valid bank statement for the last three months and has a stable income. That is why the processing of an application doesn’t take much time. A one-hour loan is the one that is approved within one hour as from submitting an application.

How Do 60-Minute Loans Work?

Before you apply for a one-hour payday loan, make sure you understand how it works and what you should and shouldn’t do. For the sake of speed and convenience, lending companies have simplified the procedure to the maximum. You don’t need to have a degree in the Economy to understand their principle of action.

  • A borrower submits an application online by choosing a desired sum and credit term and entering the required personal data.
  • The lending company gets the application and processes it within 5-20 minutes. If the borrower meets the minimal basic requirements, his/her application is approved.
  • Now, the borrower should study the loan agreement and accept it.
  • Once the loan agreement is accepted, the lender sends the funds to the borrower’s bank account.
  • The bank processes the transaction within 1-2 business days, and the money is credited on the borrower’s account.

As you see, 1-hour payday loans are easy to get. Once you received the funds, you can use them as you wish, exactly like cash. Keep in mind, however, that you’ll have to repay the whole sum by the due date; otherwise, the lender can impose fines on  you.

What Sum Can I Get? Are 1-Hour Payday Loans Limited?

Because of high interest rates, people rarely take large 1-hour loans. The majority of fast loans are small, and they are taken for a short term. However, some people still wonder what the maximum size of an emergency payday loan is. In fact, there is no single answer to this question, as payday loans are provided by multiple companies in Australia. The limits can vary from one lender to another.

That said, there are certain rules, regulating the size of one-hour payday loans. The minimal possible sum is usually 100 Australian dollars. As for the maximum loan size, many companies have an upper limit of $2001. However, some lenders provide up to $5000 in the form of cash loans in 60 minutes. But larger payday loans are less popular. Commonly, those who need large credits, use the services of major banks or look for alternative methods of lending money, as fast loans tend to be too expensive.

How Safe Are One-Hour Cash Loans?

One of the frequently asked questions of borrowers sounds as whether fast loans are safe or not. No surprise that some people are concerned about the need for entering sensitive data online. We know that the Internet is not the safest place in the world. Won’t it happen so that our data will be stolen by scammers one day?

While there is a grain of truth in these words, specialists say there is really nothing to be worried about. The risk of data leakage is as high as it is when you use conventional bank services. You must be aware of the fact that all banking institutions use the Internet for data transfer and storage. As for the lenders providing online loans, they use the same top-notch encryption standards to protect every bit of data.

To sum it up, using payday loans is pretty safe, as long as you deal with licensed lending operators. Also, don’t forget to use standard precaution measures, for example, using good antivirus software to protect your PC.

What Is the Best Place to Get a Cash Loan in 1 Hour?

If you just Google-search for “loans in 60 minutes”, you’ll see that they are offered by multiple lenders both offline and online. It’s for you to decide what method of obtaining a loan to choose. You can find a reliable micro-financial company that provides same-day payday loans Australia near you. However, in many situations, it is much more convenient to apply for a loan over the Internet and get the funds directly to a bank account.

If you opt for online crediting, you’ll save a lot of time, as you won’t have to go to the lender’s office or to a bank. Make an application right from the comfort of your home or just on-the-go and get the needed sum on the next working day. Once your bank account is replenished, you can immediately start using the funds. That said, this is crucial to choose reliable licensed companies that issue loans on beneficial terms and offer transparent conditions. Don’t forget to check the loan agreement before accepting it. Also, read customer and expert reviews and check the current ranking of lending companies.

What is the Cost of Emergency Payday Loans?

It’s a well-known fact that all cash-in-one-hour payday loans are quite expensive if compared to classic loans provided by major banks. But what are the particular costs? It depends on the sum you are applying for and the loan term. The maximum fees are regulated by the state, and no lender can charge more than it is prescribed by the law. For Australia, the fee cap is the following:

  • For the loans amounting to $100 through $2000 inclusive, the fee cap is 24%. It consists of the establishment fee, which is 20%, and the monthly fee, which is 4%. For example, if you take $200, the maximum possible fee for you will be 48%.
  • For larger loans ($2001 through $5000), The fee cap is $400. The maximum annual interest rate is 48%.

When applying for a cash loan in 1 hour, you may check the final sum you will have to repay. Always keep in mind that fast loans are pretty expensive, so don’t take more than you really need right now. Also, try to return the funds as soon as possible. The shorter the loan term, the less you overpay. So, try to treat payday loans as an emergency solution, not a financial product for regular use.

What Particularly Do I Need to Do to Apply for a Loan Online?

To apply for a loan you don’t need anything special. But you should make sure you are eligible for it. Basic requirements to borrows are not numerous and include the following ones:

  • You must be 18 or older.
  • You must be a resident of Australia.
  • You must have a regular source of income (ideally, a full-time job).
  • You must be able to provide a bank statement for at least three months.
  • You must have an account in an Australian bank and (ideally) a credit/debit card linked to this account.

If you meet these requirements, you can get a fast payday loan by filling an application online. Click the Apply Now button to open a standard application form. Specify the desired sum and term. After that, you’ll be requested to enter personal details (name, surname, date of birth, etc.), specify the monthly income, and provide the number of your bank account, e-mail, and mobile phone. Double-check all the fields after entering the data and submit an application. It will be reviewed and processed within several minutes. Once the application is approved, you can read and accept the loan agreement and get the funds within one working day.

The Pros and Cons of One-Hour Cash Loans

Taking cash loans in 60 minutes has some advantages and disadvantages. Like any financial product (take credit cards, for example) they can be a useful  tool or a cause of new problems depending on how you use them. Thus, speaking about the advantages of 1-hour loans, we can’t but mention the following ones:

  • Speed. For many people, this is a crucial aspect. Getting conventional bank loans in an hour is impossible, while online payday loans are approved almost immediately.
  • Convenience. With fast online loans, you don’t have to go to the lender’s office or bank. You just order the needed sum remotely and wait until your account is replenished.
  • Availability. Fast cash loans are available to every adult person, who is a citizen of Australia and who has a regular job or another source of income. Your credit score and credit history don’t matter.

However, all payday/cash advance loans have some downsides, which are a common reason for negative reviews about this product. The main disadvantages are as follows:

  • These loans are quite expensive, even though there is a fee cap regulated by the authorities.
  • All fast loans are short-term; i.e. they are usually provided for 2-4 weeks. Sometimes, it is possible to get a loan for a longer term, but these offers are expensive and not very popular.

It’s for you to decide whether you will use fast loans or not. Experts recommend weighing up your real financial possibilities and make a wise decision.

User Reviews

  1. Banks don’t issue loans in 60 minutes, that is why I have to take small payday loans sometimes to cover urgent financial needs. It’s very convenient and really fast. The fees are reasonable if you pay on time.
  2. When you are in an emergency, every minute matters. I am very happy that there are companies that approve your loan applications so quickly. For me, the possibility of getting cash in one day became a real salvation.

Frequently Asked Questions

Q: What is a one-hour loan?

A: A one-hour loan is a fast (payday) loan, which is approved within one hour. A distinctive feature of loans of this type is no hard credit check.

Q: My application was approved. Can I take the money immediately?

A: Not really. While applications are approved instantly, the approved funds are directed to the customer’s bank account. No bank currently processes regular transfers immediately. Usually, they need at least 24 hours to transfer the funds. It means you will get the money on the next business day.

Q: Will payday loans influence my credit history?

A: Yes, they will, to some extent. It means that if you repay small payday loans on time, you can improve your credit history gradually.

Q: What will happen if I don’t repay a loan?

A: Cash advance loans are officially and legally issued loans, which have to be repaid on time. Otherwise, a lender can impose sanctions against you: from fines to filing a complaint.

The Bottom Line

Fast payday loans are a convenient and useful tool for those who need money right now. For payday loans, 1-hour approval is a common practice. Their speed, convenience, and availability made them so popular in most countries of the world, including Australia. The best thing about 60-minute loans is the possibility of completing the whole procedure online, without the need of visiting a financial institution. However, you always need to be clear-eyed about your real capabilities and not take more than you can return.