Why MoneySpot
What sets us apart
Your credit history doesn't have to be perfect
You generally do the right thing and pay off your debts, and sometimes that takes time. We won't penalise you because you've had some bad luck and your credit file isn't perfect.
Fast and Online 24/7
The application takes about four minutes. We accept and assess applications 24/7, and most customers are funded within an hour of approval. Some applications need a manual review and take a little longer, and how quickly the money lands also depends on your bank.
Repayments matched to your pay cycle
Repayments come out by direct debit on the days your income lands, weekly, fortnightly or monthly. No repayment falling due before your wages do.
No penalty for paying it out early
Pay your loan out ahead of schedule and there's no fee for doing it. Card payments land instantly; bank transfers take one to two business days. There are no account-keeping or ongoing fees either.
How we assess
- We look at recent repayment history, not just a score
- Repayment frequency matches your pay cycle
- No paperwork, bank statements retrieved securely
- You see the full cost before you sign, and it doesn't change
- Borrowed with us before? No credit enquiry, and no impact on your credit score
What people say
Reading some of the reviews here and I can't imagine what happened to some to give a bad review. My experience with this company has been amazing… They have been quick with their application and approval protocols, and money was in my account instantly. Having had some difficulties lately and my credit file suffering a little for it, these guys still gave me a go and I couldn't be happier. A great team providing a great service. Can highly recommend Money Spot for anyone.
Hi, just wanted to thank you for all your kind help with my loan application. Applying for a loan via your website is incredibly easy. It literally took me under 5 minutes. Very impressed! The funds were in my account almost instantly and I applied after 10pm on a Friday night! Amazing service. Will definitely recommend you to all my family and friends. Thank you very kindly! You guys are fantastic!
Easy and fast process, all online, so easy, no complicated process. Money in account next day. Although high interest rates, I would recommend, as long as u read before u sign and make sure u can afford the repayments. Money Spot can help you out of sticky situations or if an emergency happens. Phone number also in Australia if u need to change or switch pay dates.
I've been with them now for 7 months. Been amazing service whenever I need cash, and if you pay back on time they will help. If you are good in repaying back on time they will take care of you more; if you go into arrears they will not trust you. That's any big or small companies or banks.
Amazing work. I have been a huge supporter of them. Me and my husband have had loans with them in the past. They're fantastic, great people, they have great support. I would like to thank them for their service. Thanks again!
Very quick and simple, had a good experience. Highly recommend!