What is a weekend loan?A weekend loan is essentially another name for a cash loan. The name comes from its purpose; you may need a weekend loan to go on a weekend getaway or spend your weekend doing some retail therapy. Whatever you might need a weekend loan for, the premise remains the same as many other types of small loans. That is, you borrow money and pay it back over an agreed term. At Sunshine Loans, our weekend cash loans generally run for 16 weeks. Weekend Loans for the employedWeekend loans for the employed are available if you are able to show a weekly minimum income of $700 per week or $1400 a fortnight. This can be a combination of government benefits and wages. As a responsible lender, Sunshine Loans assesses each individual's unique circumstances in order to determine whether a loan is right for them. Weekend Loans for Bad CreditHaving bad credit doesn't necessarily bar you from a weekend cash loan. We assess every applicant individually and understand that past money problems don't set your future in stone. In fact, changing your borrowing and spending habits today can make a big difference in the long run. Weekend Loans for Centrelink CustomersWeekend loans for Centrelink customers are available, so long as you can show us that you are earning a minimum of $700 a week ($1400 a fortnight) in both Wages and Centrelink benefits. | |
How much can I borrow?We offer small loans from $2,050 to $2,500 for whatever your weekend involves. Whether you need a weekend cash loan for a weekend away with the family, or you need to buy a new refrigerator because your old one suddenly died, our loans suit a wide range of purposes. Weekend Loan Costs and EligibilityTo apply, you'll need to meet the following criteria: You must be at least 18 years old. Have a regular take-home income of at least $700 per week or $1400 per fortnight (take home pay). This can be a combination of employment earnings and government benefits, but not government benefits alone. Additionally, you must be able to comfortably afford the repayments within your current budget. As part of our commitment to responsible lending, we will not lend to those who might experience financial hardship as a result of using our loan service. Our weekend loans come with simple, flat fees that won't trip you up. Our loans have a simple cost structure. We charge interest at an Annual Percentage Rate of 48% per annum plus an Establishment Fee of $400. Other fees may apply. Apply for a Weekend LoanIf you think you're ready for a weekend loan, hop over to our application page and get started. | |
Why choose Sunshine Loans?We do express loans from $2,050 to $2,500. As the rainy-day loan experts, we understand that not everybody has an emergency fund in place – and sometimes in life, when it rains, it pours! We know that sometimes you need a little extra help, but we don't take advantage of the situation either. We are committed to responsible lending practices, and we have a swift application process that should take you minutes to fill out. Best of all, once approved and contract signed, we can get money into your account instantly. | |
FAQs | |
How long does it take to receive approval?Most of the time, you will be approved and receive money on the day you apply for your weekend loan. You'll just need to get your loan in during business hours, so the earlier you apply in the day, the better. | Do you carry out credit checks?As responsible lenders, we do assess your capacity to pay back the loan. We can do that from your bank statement and do not generally need to do a credit check. |
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