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Personal Loan with Cash Train

We are conscious that world events are causing stress within the community and for many of our customers. We are grateful that we can continue to provide Financial Solutions and Emergency Cash to you when needed. We welcome you to call us, apply online or visit your local Branch as you normally would.

Cash Train Personal Loan

Apply in Minutes

Why apply for a Cash Train Personal Loan?

Fast Approval

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Apply today and you can get your funds within a few hours! The faster we receive the information we need to make our lending decision from you, the faster you will get your loan

Easy Application

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Apply for a loan between $200 and $10,000 online today. Our application form only takes minutes as we aim to make the whole online loan process hassle free.

Trusted Lender

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Cash Train is a trading name of one of Australia's leading cash lenders. As a responsible lender, you'll be dealing directly with us, not some third party. We are also available to help out and to take your calls.

What is a Personal Loan?

A personal loan is for specific amounts to pay for something you need cash for, such as going on a holiday, paying your school fees, buying a car, or renovating your house. You then repay the debt back with fees in equal repayments over an agreed fixed term, usually over a couple of years.

Most personal loans are unsecured, which means they do not require any collateral or security. It also means that you can get a loan even if you have a poor credit rating

Should I get a Personal Loan?

A Cash Train Personal Loan can help in many situations including:

  • Booking a holiday
  • Home renovations
  • Buying a car
  • Planning your wedding
  • Paying off debts
  • Unexpected car repairs
  • Purchasing furniture or electronics

Personal Loan Term Definitions & Features

Comparison RateCan be thought of as the overall cost of a loan – based on several factors including interest rate and fees
Interest RateA rate of interest that is charged to the borrower, usually an annual percentage of the loan outstanding
Application FeeA fee that is charged when you apply for a loan
Other FeesAny additional fees that may be associated with a loan application
Extra RepaymentsExtra repayments are made after the establishment of the loan. Extra repayments could help you reduce the amount of fees and repayment term.
Loan UseConditions for use of loan – some loans can only be used for specific things such as the purchase of a car or home renovations.
Loan TermThe length of the loan. Generally shorter loan terms have lower fees rates and longer loan terms mean lower repayments and higher fees rates.

Paying Off Your Personal Loan?

A Cash Train Personal Loan can help in many situations:

Check out our personal loan costs to make sure you understand what you will have to repay. We believe in being up-front with all the costs and have no hidden charges or fees for you to worry about.

Repaying your personal loan is done automatically in the background on the agreed repayment dates. The funds will be digitally transferred to us from your account by its direct debit facility.

If you think you may run into difficulty and your situation changes so that you are unable to make the repayment, give us a call as it is may be possible to reschedule your repayment. See loan costs for further details.

Existing Customers

Existing Customers can benefit from a faster borrowing process and as your trust rating improves, it may even be possible to borrow more money with any subsequent loan - as long as you meet loan payments and repay your loan in full, on time and can afford the higher amount.

* If you are borrowing with us again and you have taken out any other small amount credit contracts in the last 90 days or it has been over 90 days since we viewed your documents, it is a legal requirement for all lenders to assess your application and view 90 days worth of bank statements.

Cash Train Personal Loan Rates, Fees & Limits

Interest Rates
Fixed Interest Rate Annual Cost Rate of up to 48%
Establishment Fee$400
Early Repayment Fee$0
Minimum Loan Amount$2,001
Maximum Loan Amount$10,000
Maximum Loan Term24 months

Personal Loan With Cash Train

Cash Train is the trusted lender of choice committed to transforming the consumer lending industry in Australia.

With a proud history of giving people a go over the last 20 years, our 40+ branch network across Australia is proud to be part of the communities it serves.

Our branches are located in retail precincts all around Australia providing a face to face experience which, together with our innovative online product offerings, give customers convenient access to products and services whatever their circumstances.

Cash Train is an industry leader committed to closing the gap in the market for consumers who are either excluded from, or who simply choose not to obtain credit from mainstream financiers and allowing consumers who are in financial need access regulated credit solutions with extensive consumer protections.

We are our customers and believe in providing Efficient, Innovative, Flexible and Understanding financial solutions to suit everyone’s needs.

"Giving People A Go"

Personal Loan FAQ

What is a personal loan?drop down arrow expanded

A personal loan is a form of credit where you borrow a specific amount of money to pay for something you need cash for and then repay the debt back with fees in equal repayments over an agreed fixed term.

    What is the difference between a personal loan and a fast cash loan?drop down arrow expanded

    Our personal loans at Cash Train are for borrowing amounts from $2,001 up to $10,000 whereas our fast cash loans are for amounts ranging from $200 to $2,000.

      How is a personal loan calculated?drop down arrow expanded

      At Cash Train, our personal loans up to $10,000 incurs a $400 establishment fee and interest at an annual cost rate of up to 48%.

        Can I get a personal loan if I am unemployed?drop down arrow expanded

        Yes! All we need is proof of ID, proof of income and a 90-day bank statement.

          Can I get a personal loan if I am self-employed?drop down arrow expanded

          Yes! All we need is proof of ID, proof of income and a 90-day bank statement.

            What is a personal loan interest rate?drop down arrow expanded

            A personal loan interest rate is a rate of interest that is charged to the borrower, usually an annual percentage of the loan outstanding.

              Example Loan Costs

              • 3 Months

                Fast Cash

              • 6 Months

                Fast Cash

              • 12 Months

                Fast Cash

              • 20 Months

                Personal Loan

              • 24 Months

                Personal Loan