Frequently Asked Questions
What is OZPaydayAdvance.com?
OZPaydayAdvance.com is a matching service for consumers seeking a payday loan. This free service helps people with short-term financial problems until your next payday.
Do I qualify for a payday loan?
To be eligible for a payday loan from one of our lending partners, you must:
- Be 18 years of age or older
- Reside in Australia
- Currently be employed
- Be paid through direct deposit
What if I have bad credit, NSFs, charge-offs or a bankruptcy?
Not a problem! Previous credit history does not play a factor in approval for payday loans. Approval is based on current salary.
Do I need direct deposit?
Yes. Our responsible lending partners only provide loans to those who are paid by direct deposit.
Is there an application fee?
OZPaydayAdvance.com is a free matching service. Lenders charge fees when they issue loans.
Does the process take long?
Customers typically receive approval within hours of applying. Since the money is wired directly into your bank account you can usually have access to funds within 24 hours.
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 are fees established?
Fees vary by lender. Our responsible lending partners charge a flat fee so there are no hidden costs or surprises when taking out a loan. You always know upfront the cost of the loan from our lending partners.
How soon do I have to pay back the loan?
Payday loans are generally repaid 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. The loan amount plus the lender’s fees are automatically debited from your bank account.
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