Frequently Asked Questions
How does a Money3 cash loan work?
It's simple, at Money3 we are here to help! You fill in an application, provide the relevant documentation and we will process your application fast. Once your loan is approved, we discuss the repayments and then set up your loan over a period of 3 months to 36 months depending on the loan product you have been approved for.
How do I apply for a loan?
You can apply online or in person at one of our Money3 branches. Supporting documentation such as Proof of I.D, Proof of Residence & Proof of Income will be required to assess your application. You can submit supporting documents via email, post, fax or in person at one of our Money3 branches.
How much can I borrow and how long do I have to repay the loan?
Money3 specialises in a variety of loans up $35,000 with repayments between 3 months to 36 months. We focus on your ability to repay, offering various repayment options that are easy and affordable to your financial circumstances. Your loan period will depend on the loan product you have been approved for.
How do I make repayments on my loan?
All loan repayments are direct debited from your Bank Account and are scheduled to line up with your current pay frequency whether it is weekly, fortnightly or monthly.
Can I apply if I have previously been bankrupt or if I have a bad credit report?
Yes, you can apply. At Money3 we endeavour to give all our customers a fair go. Money3 process your loan application based on your current financial circumstances and is more interested in your financial future than the past. So if you have a poor credit history, been bankrupt or just been knocked back from the major banks why not give Money3 a go. We do not lend to customers who are presently bankrupt.
1. Subject to verification, suitability and affordability
Do you do credit checks?
As part of the loan application verification process, Money3 may complete a credit check.
Are there any other fees involved if I pay out my account early?
No, Money3 has no hidden fees and charges, and there is no penalty fees for early payment.
Can I apply for a loan if I am on Centrelink benefits?
Yes, all applicants receiving Government benefits are eligible to apply for finance with Money3.
1 Subject to verification, suitability and affordability
2 Your income from Centrelink must be less than 50% of your total income in order to qualify for a cash loan.
What is your interest rate?
Money3 provides a range of products - some of which are interest based, and some have set fees and charges. For more information, please call us on 1300 666 393.
What are your branches trading hours?
You can apply online 24/7. Money3 branches are open 9.00am to 5.00pm Monday to Friday (some branches till 5.30pm on Thursday) and Saturday 9.00am to 12.30pm. Some branches are only open by appointment on Saturdays. Please confirm with your local branch for opening times via our Branch Locations page.
I received a cheque and require the funds today. Can you help?
Yes, we can in branch. For a small fee, Money3 cashes your cheques in a matter of minutes. See our Branch Locator for a branch near you.