Why choose ATM Loans for fast cash loans

Firstly, and importantly ATM Loans are NOT pay day lenders. Pay day loans might seem like an easy way to get money, but they typically come with high interest rates, additional fees, and a short repayment timeframe. These types of loans can leave you with an escalating debt that you might find difficult to pay off.

Instead, ATM Loans are private direct lenders, a little bit like a bank, but without the hassle!

In most cases you’ll get a same day approval, providing you’re able to supply all the information we require. If you have a default on your credit file, we may still be able to help you out!

We lend amounts from $500 up to $5,000 to permanent Australian residents over the age of 18. The loan can be used for all kinds of purposes from buying a car, buying a phone or new computer, taking a holiday, even paying vet fees or medical fees. If you need money fast for a personal expense, talk to us!

We don’t even insist that you come into our Melbourne office, although our friendly team will be happy to help. You can Apply Now 24/7 using our simple online application.

We make sure you have a clear understanding of all fees and charges before your loan is approved and you sign and agree to the loan terms.

We also make our loans fast and simple. Here’s an example:

Small fast cash loans

A small loan, known as a Small Amount Credit Contract (SACC) for between $500 and $2,000

  • Minimum repayment term: 12 weeks
  • Maximum repayment term: 52 weeks
  • Costs: 20% establishment fee
  • Monthly charge 4%

Medium fast cash loans

A medium loan, known as a Medium Amount Credit Contract (MACC) for between $2,005 and $5,000

  • Repayment terms: 6, 9, and 12 months and in some cases up to 24 months
  • Maximum annual percentage rate (APR) up to 48%