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MiFinance – Quick & easy loans
When life throws you a curve ball and you need some quick cash quickly then MiFinance can assist you. Our online quick loans allow you to borrow between $100 and $800 and gives you access to the cash within the same day.
To apply for a cash loan online fill out the online application form on our website for added convenience you can log onto the website from the comfort of your home, office or smartphone. Once you have completed the online emergency loan application form our system will process and verify your information.
The world is becoming more environmentally conscious and we are moving to a completely paperless system this means that the entire process can be completed online from the second that you apply. From the verification process to provide your bank statements (via our secure link) and other support documents and everything in between. Once you have received the loan agreement you can sign the agreement online.
If you need more than $800 cash then we offer larger payday loans between $300 and $2,000 the repayment frequency will match the frequency of your payment date. MiFinance has been helping Australians with financial solutions since 2004 and has countless satisfied clients we use the experience we gain to design loan solutions that will work for your circumstances. We aim to bring our clients loan solutions to fit their needs and their budgets.
Borrow up to $2,000
Our online quick cash loans are the perfect solution for when you need a small amount of cash in a hurry.
Borrow between $100 and $800 with very easy repayment terms that match your pay date so that you never miss a payment. Our larger short term loans allow you to borrow between $300 and $2,000 for those times that you need money for a larger expense.
All our loans follow the same loan structure. The costs are as follows:
- You will be charged an establishment fee of 20% of the principal loan amount
- You will be charged a monthly fee of 4%
- You won’t be charged any interest on the loan.
To apply for one of our loans you will need to meet the following criteria:
- You must be at least 18 years old or older
- You need to earn at least $400 per week
- You must have a bank account that your salary is paid into
- You must be able to afford the loan
- Your Centrelink benefits can’t make up more than 50% of your total income
The secure link provided allows you to use your internet banking to link your bank statements so that we can view them easily and verify your information quickly and efficiently this will allow us to process your fast cash loan application faster.
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Summary of Services
- QUICK Cash Loans
MiFinance – For when you need a fast reliable loan
The process of applying for one of our quick loans is very simple.
- Apply online by completing the online application form
- Sign the loan agreement online
- You need to supply 90 days bank statements (you can do this by using the secure link provided)
- Once the loan is approved the money will be transferred directly into your bank account.
What if I can’t make a payment?
Life is not always smooth sailing and sometimes you need to take a loan to cover the shortfall. If you have already taken a loan and you are still having money trouble and struggling to make payments on your loan then you need to let us know. If you let us know we will try to assist you where we can and come up with a solution that makes everyone happy.
If you don’t let us know you are having trouble making payments then you will be charged $30 for missing a payment. We will try to get in contact with you but if we are unsuccessful after trying for 60 days we will have your account over to our outside collection agency and penalty fees will apply.
Can I renew my loan?
Mi Finance does not renew personal loans by rolling them over or via refinancing. Only once your loan has been paid off in full will you be eligible to apply for a new loan. The loan application process will be much quicker as we already have your details but you will need to consent to a credit check and linking your bank statements each time that you apply for a new loan. We have a returning customer tab on our website that you can use to make it easier to reapply for a loan. In future, you may be able to qualify to borrow more money.
Only take a loan if you need it
Borrowing money and relying on bad credit loans can become very expensive very quickly and you can end up trapped in a debt cycle if you aren’t careful. Only take a loan if you are sure that you will be able to make the repayments. If you are having financial issues you should call 1800 007007 from anywhere in Australia to speak to an independent financial counsellor.
Customer Reviews & Testimonials
With the help of a personal loan from Mifinance I was able to get the renovations done on the kitchen with some money to spare that made for a wonderful family getaway! Thanks Mifinance!
— Canberra —
Thanks to Mifinance I was able to afford the perfect vehicle for my family. We are very satisfied with the deal that we received!
— Port Augusta —