Frequently Asked Questions
What our customers have been asking OZPaydayAdvance.com. Here are the answers!
What is an Australia Payday Advance?
An Australian payday advance provides you with an unsecured, short-term cash advance until your next payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties.
Do I qualify?
Qualifying for a payday advance is easier than qualifying for traditional credit. OZPaydayAdvance.com does not perform credit checks. Your job and your paycheck act as your collateral. You only need to meet the following requirements:
- Be 18 years of age or older
- Reside in Australia
- Currently have a job (or receive regular income)
- Have an account with direct deposit
What if I have bad credit, NSF’s, charge-offs or a bankruptcy?
Not a problem! OZPaydayAdvance.com does not obtain a credit bureau report to qualify you for a cash advance payday loan.
Do I need direct deposit?
Yes. At this time we can only process your loan if your paycheck is direct deposited; it is the most secure way to offer loans as quickly as we do.
Is there an application fee?
OZPaydayAdvance.com never charges applicants a fee to receive a payday cash advance loan.
Does the process take long?
Customers typically receive approval within hours of applying. Since the money is wired directly into your checking or savings account, you can usually have access to your funds the same or very next day.
Is my application and financial information secure?
We respect our customer’s privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information.
How often should I use this service?
OZPaydayAdvance.com is here to help. It is important to remember that a payday cash advance loan is a short-term answer to an immediate cash need. Payday loans are not intended for repeated use in supporting an on-going budget situation from payday to payday. Repeated use or reliance on payday loans can create serious financial difficulties.
How are fees established?
Our fees are competitive and in compliance with all applicable Australia laws.
Why is there so much information in the Loan Agreement?
The Agreement is a contract that complies with all applicable state or federal disclosure requirements. It completely outlines the terms of the payday advance, including the cost of the service fee both as a dollar amount and as an annual percentage rate (APR).
How soon do I have to pay back the loan?
Payday cash advance loans are generally repaid back when you receive your next paycheck. The standard time for loan repayment is usually no less than seven days and no longer than eighteen days. Of course you may also pay back your loan at anytime without any prepayment penalties.
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