Cash Direct 136 Stirling Highway, Nedlands, Western Australia 6009

Welcome to Cash Direct, a trusted and reliable financial institution located at 136 Stirling Highway, Nedlands, Australia. As an establishment specializing in providing express cash loans, we have helped thousands of people just like you in times of financial need.

Applying for a loan with Cash Direct is incredibly easy and hassle-free. You don't have to rush to the bank for statements or go through complicated procedures. Our friendly staff is always ready to assist you and solve any issues quickly. We pride ourselves on being accommodating and reliable, ensuring fast and secure transactions for our valued customers.

If you're a Cash Direct member with a good repayment record or if you earn over $50,000 and have a good credit history, you can borrow a bit more with our flexible loan options. We understand the importance of starting with an amount you feel comfortable repaying, based on your preferred loan term. However, please note that if more than 50% of your income is from Centrelink, your loan repayments cannot exceed 10% of your income.

For first-time customers, we typically lend a little less, but we may consider increasing your loan amount once you have repaid your first loan. For example, if you are on Centrelink benefits, you can initially borrow up to $1,000, but as an existing customer, this amount may increase to $2,000.

To help you understand the costs associated with our loans, we provide a simple schedule. By adding up all your loan repayments, you can compare the total with the initial loan amount. Our small loans have a transparent cost structure, including a 20% establishment fee and a 4% monthly maintenance fee. For example, a $500 small loan over 4 months would have an establishment fee of $100 and a monthly maintenance fee of $20, resulting in a total cost of $180.

As a new customer, we require some upfront information to get you started. You'll need to fill out our online application, which only takes a few minutes. Additionally, we will need you to upload a 90-day bank statement showing evidence of your income and budget. If you receive Centrelink benefits, you will also need to upload your Centrelink Income Statement. We will also require a copy of your identification, such as a driver's license, Medicare card, or passport. Our onboarding process includes a short call to assist you and may require additional information for the approval process.

Existing customers have a streamlined process, as we already have most of the necessary information. We will only need an update of your latest bank statement, which we can help you do online. If you need any assistance during the application process, our friendly team is here to help. Just reach out to us at [email protected].

At Cash Direct, we prioritize convenience and accessibility. While we are a 100% online lender and don't do applications over the phone, we have a dedicated team ready to assist you with any queries or concerns.

For our small loans of $2,000 or less, we operate on a fee-based system, and therefore, an Annual Percentage Rate (APR) doesn't apply. The establishment fee is 20% of the amount borrowed, and the monthly fee is 4% of the amount borrowed. For example, a $1,000 loan repaid over 4 months would have a total payable amount of $1,360, including $1,000 principal, $200 establishment fee, and $160 in monthly fees.

For medium loans between $2,001 and $5,000, the base interest rate may vary depending on the loan product, with a maximum rate of 48%. Additionally, there is an establishment fee of $400. The terms for our small loans range from 3 to 12 months, while our medium loans offer terms of 3 to 24 months. You can repay your loan at any time without incurring additional fees, which will ultimately reduce your interest and fee costs.

Cash Direct Pty Ltd (ACN: 129 259 605; Australian Credit Licence 393862) is dedicated to providing cash loans to our customers when they need it most. Trust us to be your reliable financial partner in Australia.