Payday Mate Payday Loans
Editors Comments
Payday mate have a competitive payday rate (better than many of the bricks and mortar lenders) a fast turnaround time and a high max loan amount of $1000. For your application they are not so much concerned with your credit history, but more about your employment and income level. Payday Mate are able to provide loans to people with bad credit.Key Features:
- Bad credit is OK , there is no credit check. For eligibility Payday Mate are concerned with your income level (min: $1334 net income), employment (not being self employed or unemployed) and having direct deposit.
- Fast turnaround of 1-2 business days.
- $1000 max loan amount.
- $300 initial maximum loan amount
Lending Criteria:
- Cannot lend to residents of WA or ACT
- Must be at least 18 years of age or older
- Must Have Direct Deposit
- Unable to Assist: Disability, Pension, Self employed, Unemployed, Social security, Temp agency
Additional Comments:
Payday Mate is one of the most established short-term loan providers in Australia.
At Payday Mate, there is no credit check so you don't have to worry about bad credit history. To qualify, you have to be older than 18 years old and employed with a minimum net income of $1334.00 per month.
To receive your cash, you must have Direct Deposit. Unfortunately, Payday Mate bad credit loans are not available to residents of ACT of WA. If you meet all the lending criteria, you can apply for loans of $100 to $1000. However, the initial maximum loan amount is set at $300. The cost of a Payday Mate loan is just $1 plus 28.98% of the principal amount. Usually, the approval process takes about one or two business days.
Terms & Conditions:
Reasonable efforts have been made to ensure the accuracy of the information at Finance Comparison, however for the full terms and conditions please refer to the Payday Mate website (available via the apply now button).
