Cash Advantage
Nightcliff (08) 8985 5443 Gray, Palmerston (08) 8932 5588 Stuart Park, City (08) 8921 1841

Cash Advances (Temporarily Unavailable)

What is a cash advance?

A cash advance is money that you generally borrow before your next pay day and then repay with a fee added on top, split over easy instalments over your next couple of pays. These loans are perfect for unexpected expenses such as getting your car repaired, paying a vet bill or an unforeseen event you didn't budget for.

Get cash in your pocket NOW!*. Apply for a loan between $300 and $5000 and if approved receive these funds today!

Why use Cash Advantage?

You are dealing with real people, face to face – friendly and helpful – no impersonal online forms to fill out! We’re also in three convenient locations across the Darwin region allowing for quick easy access to fast cash where ever you are! Nightcliff, Palmerston or our City Store.

How do I get my cash advance?

* Subject to approval and responsible lending assessment

1. Apply in store

Visit one of our three handy locations, and provide us with all of the following:

  • A transaction history of your account covering the last 90 days
  • Proof of address, such as a lease agreement or utility bill
  • Photo identification, plus a secondary form of ID
  • Your most recent payslip, or a current dated income statement

We will guide you thought an application process and then submit everything to our preferred lender.

Ideally you should use internet banking but feel free to bring in your hard copies. We can print them out in store for you.

2. Sign the contract

The lender may contact you to verify the information that you have provided. Typically it may take half an hour to 45 minutes to do all the necessary checks and conduct responsible lending obligation requirements. Once your loan has been responsibly assessed and approved we will receive your contract which you will need you to sign.

3. Congratulations, collect your cash!

After agreeing to the terms and signing a contract we simply give you your cash! For security reasons, amounts over $1000 will go into your nominated account for your instant access. (Variation TBA when the new lender comes on board)

4. Repay the loan

Repayment is made via a number direct debit instalments from your bank account based on your affordability.

Got a question about Cash Advances? Ask us!

Loans Temporarily Unavailable

We are currently in the process of acquiring a new lender. Tentatively this product will be available early August 2022.

Warning about borrowing

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.

Check your options before you borrow:

For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
Talk to your elecricity, gas, phone or water provider to see if you can work out a payment plan
If you are on government benefits, ask if you can receive an advance from Centrelink:

Go to - MoneySmart shows you how small amount loans work and suggest other options that may help you.

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

Frequently asked questions

What are the fees and charges?

Small Amount Credit Contract (SACC) $300 - $2000

Cash Advances up to $2000 are provided as SACCs (Small Amount Credit Contracts) which
have an Establishment Fee equalling 20% of the amount borrowed and a monthly fee of 4% of the
amount borrowed. As a representative example, a loan of $1000 over 3 months has fees and charges
totalling $320 (1x $200 + 3x $40) and a total repayment of $1320, equating to 3 monthly payments
of $440.

Personal Loan (MACC) $2001 - $5000

Cash Advances between $2001 and $5000 are provided as MACCS (Medium Amount Credit
Contracts) which are subject to maximum amount of fees, charges and/or interest as follows: Loan
Settlement Fee (Establishment Fee) $400 and interest, charged at 48% per annum and calculated

What interest is charged on a Cash Advance (APR)?

SACC – $300 – $2000

Under the current NCCP legislation interest is not permitted to be charged on a Small Amount Credit
Contract (SACC). As per above the lender charges the legislated establishment fee (20%) and monthly
fee (4%). Although interest is not charged on a SACC if the permitted fees were expressed as an APR
the maximum APR for a SACC loan would be 183.34% for loan applications started from this landing

Personal Loan (MACC) – $2001 – $5000

Our Personal Loans are provided as MACCs. All loans falling into the category of a Personal Loan
(Medium Amount Credit Contract – MACC) are subject have a maximum APR Rate of 48% (excluding
the $400 fee).

Will I get knocked back if I apply for too much?

It is important you apply for the amount required to meet your loan purpose, taking into account your financial situation the lender may offer something lower to suit your affordability, if it will meet your requirements and objective

What will the repayments be?

The Lender loan runs in length from 62 days to 1 year with Weekly, Fortnightly or Monthly payments. After reviewing your financial situation, a tailored repayment schedule will be implemented to fit within your budget.

How much can I borrow?

You may apply for between $300 and $5000. How much you will be approved for depends on:

  • Your income and financial situation
  • Your ability to repay the loan
  • Your previous credit history
  • Your account management
  • Your loan purpose and objective

What's the difference between a Cash Advance and a Pay Day Loan?

The term “Pay Day loan” implies you get a loan and you pay it back on your next pay day. Legislation is in place that mandates a minimum loan period of 16 days, therefore going beyond your payday which may only be 7 days (paid weekly) or 14 days (paid fortnightly).

What if I can’t make the repayment on the due date?

If you fail to make payments the cost of your loan may incur additional fees. If you need to change a payment contact the lender as soon as possible. They will always work with their customers to ensure that their repayments are affordable at all times during their loan and understand that unforseen circumstances may arise. By advising them ahead of time, you can avoid the payment of dishonour fees imposed by your bank. If you need to change your payment you need to contact them at least 2 days before your payment is due. You may be charged additional fees should you extend your contract.

If your direct debit fails due to insufficient funds in your account you may be charged a dishonour fee by your bank plus a rescheduling fee by the lender.

What if I currently have a cash advance with another lender and want one with you?

The lender follows all responsible lending obligations as required under the law. All applications take into account your current financial situation and requirements

Note: These terms and FAQ's will apply to loan applications started from this landing page.

Local people you can trust

Cash Advantage has been funding Territorians since the 80's! We back up our safe and trusted products with professional and friendly service.

Low 10 day 10% Interest for all Pledges over $100

You won't find a better deal anywhere in Darwin!

New Lending Agent Coming Soon

We are currently in the process of finding a new lender for our MACCs and SACCs, thank you for your patience.

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Agent TBA

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