How Techno Loans works 3 simple steps
From application to hearing back from a licensed lender, step by step.
How to apply for a cash loan online in three steps
Step 1: Complete your application
Tap Apply and fill in the short online form, which takes about three minutes. Make sure your mobile number and email address are correct, because lenders may contact you on either.
Step 2: Upload your bank statements
You may be asked to share around 90 days of bank statements through a secure bank statement service. It takes a read-only copy, so neither we nor the lender can move your money. Log in with your full online banking details rather than a mobile app code.
Step 3: Hear from a lender
Once everything is in, your application is offered to licensed lenders. A lender that's interested will assess it and contact you by email or SMS. Timing depends on the lender. If no lender can help this time, you're welcome to apply again later.
Who's involved
Techno Loans
A credit assistance service run by Swift Loans Australia Pty Ltd, Australian Credit Licence 461533. We take your application and pass it on to licensed lenders. We don't lend.
The lender
Assesses your application, decides whether to lend, and sets the amount, fees and repayments in your contract.
What it costs to apply
You pay us nothing. We offer your application to licensed lenders, and the lender that buys it pays us a fee. Each lender sets its own price using its own criteria, so we don't know the amount until the sale. If a lender offers you a loan, its fees and repayments are set out in the contract. You don't have to accept an offer.
Your information
We handle your details as set out in our Privacy Policy and Credit Guide. Please read our Warning about Borrowing before you apply.
FAQ
Common questions
Do I have to accept a loan offer?
No. Read the contract carefully and only accept if the loan suits you and you can afford the repayments.
What if no lender is found?
Sometimes no lender takes up an application, and that's not a reflection on you. You're welcome to apply again at a later date, for example when your circumstances change.
Can I check on my application?
Yes. Use the Customer login link at the bottom of any page to sign in to the client portal.
Why do you need my bank statements?
Lenders must check your income and expenses before lending. Read-only statements let them do that without you scanning documents.
Related
Other loan types
Back to the Techno Loans home page.
Ready when you are.
Apply online in about 3 minutes.
Apply for $500 Only borrow what you can comfortably repay.