Frequently Asked Questions


What happens if I have had difficulties obtaining credit in the past?

Our lenders reviews every cash loan application on up-to-date criteria. If your current circumstances make you eligible, you should get a cash loan.


How much does it cost?

Loan King always tries to get you the best deal. You'll be notified by our lenders of the conditions of the loan and the interest charges upfront - before you enter into the loan agreement.


How long do I get the cash for?

Cash loans are repaid automatically via direct debit from your account on your next payday.


Can I have more than one cash loan at a time?

It will depend on the lender, but. To make it easy for you to manage, we recommend that you completely repay your cash loan before you apply for another one.


What do I need to apply?

It's easy - when you apply online, we'll ask for your full name and address and your birth date. Then provide your contact details including address, telephone numbers and email address plus employment details - including how much you earn and when you're paid. Then let us know your bank account details - which is where our lenders will deposit your cash loan.


Can I roll over the loan?

It depends on the lender - but it's in your interests to pay off the loan on your next cash or extra fees and charges normally apply.


Is it safe to use Loan King?

Loan King keeps your details secure. We have state-of-the-art online encryption and rigid firewall security on our servers.


What if I can't repay my cash loan?

If you miss a scheduled repayment - it could have an adverse effect on you obtaining future credit. Let your lender know your situation - they'll do what they can to help you - but it will cost extra. Make sure you're fully aware of the lender's terms and conditions before you agree to the loan.


I'm self-employed - can I get a Loan King cash loan?

It will depend on the lender, - if you earn more than $1,500 each month, you may be eligible.


I'm employed part time - can I get a cash loan?

Yes - if you earn more than $1,500 each month, you will probably be eligible.


Do you need to contact my employer before I can get a cash loan?

Generally, we don't need to contact your employer. In certain circumstances, our lender may need to - you should carefully read the terms and conditions of the lender who provides your cash loan.

Warning Do you really need a loan today?

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.