Emergency loans for unexpected one-off costs
Borrow $2,100 to $5,000 secured by a car registered in your name, and keep driving it. Fixed rate, fixed repayments, all upfront fees shown before you apply.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
4.7·Google reviewsWhat it is
What is an emergency loan?
An emergency loan is money you borrow when a bill arrives before the money does. A repair you can’t put off, a procedure with a date already booked, or something essential that has stopped working.
What people borrow for
What people use an emergency loan for
Emergency loans can be used for a range of unexpected one-off expenses, such as:
Car and vehicle repairs
Medical and vet bills
Home repairs and replacements
Work tools and essentials
Four steps
How to apply for an emergency loan
Apply in minutes
Or message us on WhatsApp to get started.
We assess
We verify your details and check affordability
Get your offer & e-sign
Clear terms and e-signing, no paperwork
Get your funds
Sent via PayID or EFT, usually the next business day
*Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
Before you apply
Emergency loan repayment calculator
I’d like to borrow
Loan term
Repayment cycle
What doesn’t change
- No monthly account-keeping fee
- Pay it out early and there is no payout fee
$95
estimated per week
- Loan amount
- $3,500
- Interest rate
- 47% p.a. fixed
- Term
- 12 months
- Interest & fees
- $1,440
- Total to repay
- $4,940
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The above is based on an annual interest rate of 47%. When factoring in the upfront fee, the comparison rate is 65.48%.
What it costs
What an emergency loan costs
Fee breakdown
- Establishment fee
- $400
- Credit check fee
- $8
- Application fee
- $0
- Monthly account-keeping fee
- $0
- Early payout fee
- $0
- Total upfront fees
- $408
- Interest rate
- 47% p.a. fixed Comparison rate 65.48% p.a.
Dishonoured payment fee
$35 may be charged if you miss a scheduled payment.
Additional fees apply each time a payment is missed or returned unpaid, which can increase your total cost and may extend your loan term.
Loan terms
- Loan amount
- $2,100 – $5,000 $408 in upfront fees apply
- Loan term
- 12 months fixed term
- Repayments
- Weekly, fortnightly or monthly aligned with your pay cycle
- Security
- A motor vehicle registered in your name you keep full use and possession
- Early payout
- Any time, with no payout penalty subject to the terms of your contract
Representative example: Based on a loan of $2,500 over 24 months, a borrower can expect to repay a total of $4,497.96. This reflects a comparison rate of 65.48% p.a. and includes $408 in upfront fees, which are deducted from the amount borrowed at the start of the loan.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or loan amounts will result in a different comparison rate.
*This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
Check before you apply
Who can apply
18+ and living in AustraliaCitizen/PR/Valid visa
Registered vehicle in your name
In paid work with regular income
*For detail on who this product is designed for, read our Target Market Determination.
Common questions
Emergency loan FAQs
How much can I borrow for an emergency?
You can borrow between $2,100 and $5,000, over a fixed term of 12 months. Total upfront fees are $408.
The amount offered depends on the credit assessment and on the vehicle offered as security.
How quickly can I get the money?
Most decisions are made the same business day once all supporting documents are received. If you are approved and accept your contract, funds are sent by PayID, often within minutes of being disbursed, or by EFT the next business day.
Can I apply if I have bad credit?
You can apply. We consider a range of circumstances rather than a credit score on its own, and every application goes through a credit and affordability assessment. Past credit issues may affect the outcome.
Is this a car pawn loan? Can I keep driving my car?
No. This is not a pawn loan. AutoSwift Finance is not a pawnbroker, and you do not hand your car over. The loan is secured by a vehicle registered in your name: a security interest is registered on the PPSR, and you keep full use and possession of the car for the whole loan term.
What does an emergency loan cost?
The interest rate is fixed at 47% p.a. Total fixed upfront fees are $408, made up of a $400 establishment fee and an $8 credit check fee. There is no application fee, no monthly account-keeping fee and no early payout fee.
A $35 dishonoured payment fee applies if a scheduled payment is missed or returned, and a $25 reschedule fee applies if a scheduled payment is rescheduled.
Is approval guaranteed?
No. All applications are subject to credit assessment. We assess your ability to repay without substantial hardship, and not all applications are approved.
If you are in financial hardship, contact us at cs@autoswift.com.au or 1300 894 686 before a payment is due.
What customers say
Our Google reviews
4.7/5
Lovely help from these guys. Supportive, caring and empathetic of my situation, easy to speak to and extremely professional.
Highly recommended.
Easy and simple. Got my funds with no hassles. The team was with me every step of the way.
Easy process good company to work with they look at you more personally rather than just automatic response.
$2,100 – $5,000 · 12 months · fixed 47% p.a. · $408 upfront
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