No. Casheroo loans are unsecured personal loans, so you don’t need to secure the loan with a car or house.

You can make extra or early repayments at any time, with no penalties or hidden fees. Simply use one of the following methods:

PayID

• PayID: pay@casheroofinance.com.au
• PayID name: Casheroo Investments Pty Ltd

Bank Transfer

• Account Name: Casheroo Investments Pty Ltd
• BSB: 082-155
• Account Number: 502934292

Please remember to include your loan reference number or full name in the payment description so we can correctly allocate your repayment. Once received, we’ll update your account accordingly.

As a responsible lender:

• Your total scheduled repayments across all small amount loans must not exceed 10% of your net (after-tax) income.

• We review 90 days of bank transaction statements to assess affordability.

• We cannot approve applications if you are currently in default on an existing small loan or have had two or more small loans in the preceding 90 days, unless financial capacity can be clearly demonstrated without hardship.

If everything goes well, and you submitted your application within the office hours, chances are you will get your funds within 24 hours.

However, delays can happen. If your application barely makes it in time for approval within office hours, or if other checks (such as credit checks) are delayed due to unforeseen circumstances which are beyond our control.

We offer small loan between $400 to $2,000.00 and medium loan between $2,001 to $4,000.00.

There are no hidden fees or charges associated with our loans.

Our application process is quick, easy and 100% online.

If you meet all our requirements, we’re usually able to give you an approval (and your funds) within 24 hours. Casheroo Finance is your financial solution to your short-term problem.

Our team is always happy to answer any questions you may have about our loans online in Australia.

Simply call us on (02) 7232 3128 during the office hours, or send us an email to: info@casheroofinance.com.au.

Unfortunately, we are unable to offer our customers with multiple loans at the same time. Our main focus is on responsible lending, as multiple loans may have an adverse impact on your ability to pay your existing loan.

However, you are welcome to apply for a new loan once your existing loan with us has been repaid in full.

Generally, when you apply for a loan with us, your loan will be predominantly for personal, domestic or household purposes.

You will be asked to input a reason for the loan in your loan application. Casheroo Finance reserves the right to enquire that your loan application and stated purpose is legitimate.

Unfortunately, as part of our commitment to responsible lending, we are unable to provide you with a loan if you are unemployed.

All our fees and rates are governed by the National Credit Code.

For loans under $2,000.00 – we will charge a 20% establishment fee (based on your principal sum). There will also be a 4% monthly fee on the account.

For loans between $2,001 and $4,000, there will be an establishment fee of $400 and a maximum comparison rate of 65.65% per annum).

If your direct debit falls through, there will be a dishonour fee of $35 each time. This fee includes our reasonable internal administrative costs and external third party costs.

If your loan account is in default, we do not charge compounding daily interest or punitive daily fees. You may be charged reasonable, actual costs incurred by us (such as direct third-party debit dishonour charges or legal/enforcement expenses reasonably incurred), subject to the statutory caps under the National Credit Code. Please refer to our Fees and Charges schedule for further details.

Our friendly consultants are available between 09:30 AM to 04:30 PM, Monday to Friday.

However, our loan applications are open 24/7, which means you can apply for a loan on our website at any time.

As part of our assessment of your loan application, we will work out the most appropriate loan term based on your circumstances.

This will be reviewed by a member of our team to ensure that the weekly/fortnightly repayments do not place you in a position of financial difficulty.

There are also maximum allowable loan repayment periods for small and medium loans.

You may also pay off your loan earlier. There are no additional fees for paying off your loan earlier than the scheduled due date.