Frequently Asked Questions

Mega Cash GO offers loan between $300 and $5000! The amount you can borrow will be based on the amount you ask for and your personal circumstances at the time you apply.

Mega Cash GO will perform an identity and credit check with a credit reporting bureau, as well as assess your income and expenses to ensure that the product you choose is right for you.

You’ll always see a clear breakdown of all your fees and repayments before you confirm your loan. As a quick reference, though, here’s a general breakdown of fees:

Small Loan: If the principal amount you borrow is between $300 – $2,000 you’ll pay:

• Establishment fee: 20% of the principal amount

• Monthly loan fee: 4% of the principal a month

Medium Loan: If the principal amount you borrow is between $2,050 – $5,000 you’ll pay:

• Establishment fee: $400 flat rate

• Interest Rate: 36% per annum

• Comparison Rate: 53.3385% per annum

The comparison rate is based on an unsecured loan for an amount of $2500 over 2 years with a $400 establishment fee.

Mega Cash GO has tried to make our application process quick and easy! We don’t like paper and long consultation meetings. We do still need to know some things though…

What you will need to apply:

• Internet banking details
• Two of the following forms of identification (drivers license, Medicare card or Passport)
• Your BSB and bank account number (so we know where to deposit your money)
• Plus all the usual stuff like your name, DOB, address, employment information and details on your current expenses, debts and incomes

Apply: Apply here and answer some basic questions or download our app and apply.

Link: Link your bank account for same day approvals.

Verify: For security purposes, we’ll request that you verify your ID.

Approval: Your loan application is either approved or denied. Either way, you’ll know if your loan’s been approved before the end of the day.*

*application must be received before 3:30pm AEST /AEDT

Funds delivered! Once you’re approved, we’ll send you a direct deposit.

We understand the importance of fast financing, and we’re dedicated to delivering just that. Our technology enables you to upload all necessary documents directly from your mobile phone or computer, allowing us to provide you with a speedy response.

Once you’re approved, you’ll receive your funds on the same day.*

*Loan must be approved by 3:30pm AEST/AEDT during business days. Otherwise, the payment will be processed on the next business day. Clearance time is subject to your bank.

Mega Cash GO are responsible lenders and therefore perform a credit check to help evaluate your loan application.

If you have a default on your credit file, don’t worry – we may still be able to help you depending on the situation.  While credit history is a vital part of our assessment, we also take other factors into account!

There is more to a customers loan application than a credit history. We understand that!
Therefore it is very much possible you can receive a Mega Cash GO loan, even with a bad credit history.

As a responsible lender, we carefully evaluate all aspects of your application before making a decision. This includes reviewing your income, the reasons for any bad credit history, your expenses, and your ability to repay the loan. We aim to make decisions that are in your best interest!

Yes, you can apply for a loan if you receive government benefits. Approval depends on factors such as:

• Your total income, including benefits
• The type of benefits you receive
• Your ability to afford repayments
• Your credit history
• Your expenses, assets and debts

We assess each application carefully to ensure responsible lending that suits your financial situation.

A direct debit will be set up during your loan application process, and you can choose to repay your loan weekly, fortnightly, or monthly. Additionally, you can make extra repayments through our app or web app.

All you need to do is ensure the necessary funds are available in your account. You can always check your dashboard to ensure you know when your next repayments are!

If you’re unable to make a repayment on the due date, it’s important to contact us as soon as possible. We understand that circumstances can change, and we may be able to work with you to reschedule payments or discuss other options, such as a hardship arrangement.

Please note that missed payments may result in additional fees, so it’s best to reach out early to avoid further costs. See our Fee Statement for more information.

Sick of chat bots? Us too! Sometimes, you just need to talk to someone real. During our operating hours (Monday to Friday: 9am-5pm) feel free to reach out to us via phone on 1800 841 013.

If you prefer not to talk to on the phone, feel free to email us at info@megacashgo.com.au.

We understand that financial hardship can happen to anyone, for any reason. If you’re struggling with your Mega Cash GO loan repayments, we are here to help. You can call us on 1800 841 013 to discuss your financial situation or send an email to hardship@megacash.com.au. It’s essential to inform us of your situation as soon as possible so we can assist you better.

• Call or contact our Customer service team on 1800 841 013
• Email any feedback or complaints to: customercare@megacashgo.com.au
• Write to us the old fashioned way:

Mega Cash GO

PO Box Q1168

Queen Victoria Building, NSW 1230

• If you weren’t satisfied with the outcome of your complaint, please refer to our complaints policy or contact AFCA (https://www.afca.org.au/)

To download the Mega Cash GO App, search ‘Mega Cash GO’ in your app store or use the links below:

Apple:

Android: