Apply in 5 minutes. Same-day funds once approved. 100% online and secure.
Why thousands of Australians choose MoneySpot
Fast Approval
Apply in 5 minutes, get funds the same day once approved.
Safe & Secure
Licensed by ASIC, member of AFCA and reporting to APRA.
Flexible Loans
Borrow $200 – $5,000 with repayments matched to your pay cycle.
Trusted Lender
Over $1.5bn funded since 2013.
How It Works
Getting the funds you need is easier than ever with our simple 3-step process
1. Apply Online
Fill out your form in under 5 minutes.
2. Quick Decision
We’ll assess your application and give you a fast outcome.
3. Get Funded
Same-day transfer once approved.
You’re In Good Hands With MoneySpot
⭐ ⭐ ⭐ ⭐ ⭐ James, VIC
“Helped me cover urgent bills without hassle. Great service.”
⭐ ⭐ ⭐ ⭐ ⭐ Emma, NSW
“So easy and fast. Applied in the morning and money was in my account that afternoon.”
Can I Apply?
Over 18
Australian Resident
Employed with regular income
We cannot help if your income is from Centrelink
Example of a Small Amount Loan
Our small loans are $2000 or less with a minimum duration of 63 days and a maximum of 90 Days. Fees include an establishment fee of 20% of the loan amount and a monthly fee of 4% each month. We match your repayments to your pay cycle.
By way of example, a loan of $500 over a 3 month period would have an establishment fee of $100 and a monthly fee of $20 each month ie: total monthly fees of $60. The total repayable is therefore: $500+$100+$60=$660. Your monthly repayment amount is therefore $220 per month.
Note: The Nominal Percentage Rate for small loans is 0% as the loans are fee based.
Example of a Medium Amount Loan
A medium amount loan is a loan over $2000 and a minimum duration of 63 days. Fees include a $400 establishment fee, an Annual Interest Rate of 48%, and a Comparison Rate* of 65.4962%.
By way of example, a loan of $3000 over a 3-month period would have an establishment fee of $400 and interest charges of $275.60. The total repayable is therefore: $3000+$400+$275.60=$3675.60. Your monthly repayment amount is therefore $1,225.20.
* The comparison rate is based on a $2,500 loan over a term of 2 years with a $400 establishment fee and weekly repayments. MoneySpot does not offer loans for $2,500 over a term of 2 years.
Loan Repayments You Can Afford
Our responsible lending principles aim to provide you with a loan repayments that you can afford. You must be employed (we cannot help you if the majority of your income is from Centrelink), and you will need to download your bank statements via our online application form, so have your bank details on hand before you start.