FAQ – Online Loan Questions

Q: How much can I borrow?

A: Our minimum loan is $200, but for repeat customers we can lend up to $1000.

Q: How quickly can I get the money?

A: We will process your online loan application and send the money all within one working day. Most bank transfers take a matter of hours if your bank accepts ‘fast payments’, then the money can be deposited the same day.

Q: How will I get my money?

A: The loan is always paid directly to your bank account, you can then get access to it as normal.

Q: Can I apply?

A: We only have a few basic requirements. If you are over 18, are in full time employment and earn over $1000 a month, then you are likely to qualify.

Q: Do you credit score my application?

A: Like most lenders, we carry out a credit check as part of our assessment of your application. However don’t worry if you have a default – First Stop Money approves cash advances for applicants with black marks on their credit history. Our policies are very different to those of mortgage lenders and banks.

Q: Can I have more than one Payday loan at the same time?

A: No, we ask that you only ever have one short-term loan at any one time.
Because we are a responsible lender, we need to make sure that you can affordably pay back your loan.

Q: My payday or bank details have changed.

A: If details have changed, it’s not a problem, just call us on (08) 9322 6666 and we’ll be able to sort it out.

Q: What if I think I might have problems paying?

A: We know things change and your circumstances may be working against you.
If you are having problems, we always recommend that you give us a call to discuss things and we’ll do our best to help.