Rating based on 1,261 reviews
About Club Money
Club Money is a short term loan provider with a very upbeat look & feel. This approach is well met, though, by their application process and extremely simplified offer.
Presenting as the epitome of niche tailoring, Club Money boasts a 5 minute application time with an accompanying 30-minute approval turnaround during business hours.
Leader of the pack
Quite possibly leading the pack in the arena of small and fast cash loans, Club Money has grown its user base on the back of minimising application details, while still conforming to legislated lending criteria.
Loans for any use
Very much like other lenders in the echelon, their home page mentions various potential loan uses. The reality is that theirs is a simplified service that will grant a loan for almost all reasons, on limited terms, up to a limited amount.
Simple and streamlined
Club Money’s website is pleasing both to view and engage and, it is apparent that they have found their niche in the micro-lending market, as it’s hard to imagine a simpler and more streamlined process.
What Club Money can offer you
Offering loans of between $250 to $1500, with repayment period options of between 16 days and 6 months.
Club Money epitomises the ease of short term loans available to the modern consumer. Personal loans are unsecured and no guarantees are asked of identifiable, employed citizens.
The helpline facility is available between 9 am and 5 pm on business days, although there is always the option of leaving a message. Both voice & email contact details are clearly visible on the home page.
Apply in a branch
Club Money also has a network of branches that further embellish its offering. That said, fast loan applications are not accepted in-branch and can only be effected online and their branches are geared towards other services.
By way of an example, $1,000 loan from Club Money will cost a client $1,290 within a repayment period of 3 months. The first month comes free of monthly fees.
Simple application requirements
Club Money does not loan to anyone other than adult employees earning a minimum of $250 a week and with verifiable documentation indicating citizenship and an acceptable credit rating.
Minimal documentation is needed when applying and Club Money have minimised paperwork - even electronic paperwork - down to the bare necessities.
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In a Nutshell
- Average processing time 24 hours
- Online application
- In-store application
- Unsecured loan option
- Bad credit consideration
- Early repayment
A no-fuss, simple loan application that can be completed in 5 minutes
Among its peers, Club Money stands out as a positively brisk and keen option for a quick cash loan for any working Australian citizen.
Major bank account holders who apply for a loan should have their funds showing within an hour or two. Smaller institutions and credit unions could take a day or two before funds are available though.
Get up to $1,500
Although the cap on loans is low at $1500, patrons know exactly what to expect and the entire look, feel and the process is not likely to unnerve any potential client as the amount and risk are low and the repayment terms are generous.
Due to the small sums involved, the company found many consumers took a second or third loan through Club Money which, in reality, they couldn’t afford.
Nowadays, however, not only has the verification at Club Money been enhanced but the online loan application form now also includes requests for frank statements of indebtedness from a prospective client. Having ironed out this wrinkle, Club Money seems set to soar into the future.
For anyone wanting a quick, small loan, this company is right up there among the top contenders.
Can I apply for a loan for anything or should my loan application be specific?
We don’t limit our customers to applying for credit. If you are looking for a loan and meet our requirements, we will help you. At the end of the day, our duty is to ensure that we help you with your loan and you attend to your financial emergency.
We believe that everybody who comes to apply for an advance plan is mature enough to know the consequences of a late or skipped payment. The customer needs to be absolutely certain that they will be able to pay for the quick cash loan before applying for credit.
The last thing you need is to have your credit ruined over a loan you can’t afford to pay off.
Can I pay my quick cash loan earlier than the scheduled date?
Should you have money at your disposal and would like to pay your loan sooner than the original debit order date; you are welcome to do so. This means you will have one less credit plan to worry about and it shows us how dedicated you are towards paying your loan. Some brownie points will definitely be coming your way.
Eligibility & Requirements
- Earning a stable income
- Active email address
- Bank statements
Other Products & Services
- Fast Loans
Customer Reviews & Testimonials
Here’s a short video about Club Money
- 140 Bourke St, Melbourne, VIC, 3000, Australia
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday Closed –
- Sunday Closed –