If you need a cash loan for a motorcycle, CashSmart is here for you. With a wide range of loans aided to the cause of taking the loan, we are leading the market. Our motorcycle loans are innovative and specifically serve the purpose. Choose the right loan for yourself. Apply now!
You don’t need to pawn your motorcycle to get extra cash in hand. Instead, you can take personal loans from us with a fixed rate of comparison without any hidden fees and flexible loan contracts.
The online loan application process
Apply for a motorcycle loan in these simple steps:
- Visit our website and click on ‘Apply now.’
- Input how much cash you want to borrow.
- Put what vehicle you are going to buy. A new or used motorcycle or if the loan is for motorcycle financing.
- Upload your bank statements for the last three months.
- Fill in the required details and apply.
Loan approval process
When you choose a motorcycle loan amount, the loan repayments, other loan terms and interest rates will vary according to your financial situation and the loan amount you are willing to borrow. Once you’ve completed online loan applications, wait for getting approved.
We will pair you up with a responsible lender according to your desired loan terms. If your requirements are not met, we’ll search for other lenders. We’ll forward your online application to the finance lender for final approval once you’ve rechecked our fees and charges (20% establishment fee and 4% maximum monthly percentage rate). Your money will reach your bank account via bank transfer.
Who can apply for a motorcycle loan?
If you are 18 and above and a permanent Australian citizen, you can apply for a motorbike loan and borrow money.
If you have a regular income for at least three months, you’ll get a much higher approval rating if your loan amount matches your income. If you are getting Centrelink payments regularly, you can also apply for a motorcycle loan online.
Apply for an unsecured loan from our online lenders and get the money transferred to your bank account within 60 minutes without any credit check. With proper bank statements and a credit score, go through our online application process and get approved for a bike loan.
Why should you stay away from motorbike pawn loans?
The first and foremost reason is that you have to put your motorcycle or any other property as collateral in a secured loan. If you pawn your motorbike, you’ll get more cash in hand much faster, but your bike will be gone if you fail to stick to the monthly repayments. This is generally done through a motorbike pawnshop where you can pawn your motorcycle. A motorbike pawn loan is entirely legal, but it possesses high risk.
Pawn motorcycle loans have a lower comparison rate, which lures in customers. A motorcycle pawnshop generally estimates your bike’s worth lower than it is, which means a lower loan amount even when you pawn your motorcycle.
What’s the remedy?
Get personal loans with no credit checks for your bike. If you need to buy a new motorbike, take out a motorbike loan from CashSmart. Select your loan term in each motorcycle loan. You don’t need to pawn your motorcycle for extra cash in hand.
Pay attention to monthly repayments if you are taking it for motorcycle finance. At CashSmart, we are not associated with any motorcycle pawn shop, and we know how pawn motorcycle loans can affect the customers. Instead, take large personal loans with fixed interest rates from CashSmart.
Our online loan process is plain and simple. Our loan calculator will tell you about your monthly repayment, and early repayment fees are included in our motorcycle loan contract.
Why is CashSmart ideal for you?
The loans we offer are entirely legal. We hold a current Australian credit licence, and all of our clients are covered by the National Consumer Protection Act of 2009.
We don’t offer secured loans backed by your vehicle. As a firm, we don’t like to put our customers in danger. You might lose your collateral if you take out a secured loan.
Everything is spelled out in our lending conditions; we ensure our clients are not charged additional or hidden costs. Our corporate ethics include transparency and a trusting atmosphere. The fixed interest rate and the annual percentage rate were both specified in the loan contract.
We do not do an unnecessary credit check on any of our clients, as previously stated. We realise how unanticipated costs may disrupt one’s life and have a negative impact on one’s credit score. That’s something we’d want to retain.
Our whole loan application procedure takes place online. You may quickly obtain the funds you want by just utilising your cell phone.
FAQ’s
Can I apply for a personal loan with bad credit?
Yes, you can apply for a bad credit personal loan if you have a bad credit history. CashSmart doesn’t process credit checks for customers. A credit check is often unnecessary and can worsen the already bad credit rating.
I need a loan today for my motorbike. When can I get my money?
Every loan application is processed within the same business day or 24 hours. You can get your money overnight and have it transferred directly into your bank account.
How quickly can I get approval for a fast cash loan?
We will process your application the day you apply to borrow motorcycle loans. If you pay us as per your loan term, the process will be a lot easier next time. Car loans are similar to bike loans. Don’t hesitate to contact us if you need to buy a car in future.
What if I might have a problem paying back?
Read your motorbike loan term carefully and try not to borrow money out of reach in your present financial situation. If you are having problems, give us a call to discuss your repayment schedule. The loan contract term will be decided by the period borrowed.