Finance Brokers

We’ve seen Money3 pay day lending shops appearing all across Australia but if you read the reviews, they’re less than ideal. So should you proceed?

The Debt Free Community isn’t really a fan of the short term lending market. In fact, we’re advocates of living 100% debt free for life!

Now, at the same time, it’s not always possible, is it?

Are you looking for a Money3 loan or being chased by one of their debt collectors? If so, we have the answers for you in this review and evaluation!

Let’s jump right into it, shall we?

Money3 evaluation

These guys are based all across Australia. Money3 actually has branches in these key areas:

• Traralgon VIC
• Cairns QLD
• Ipswich QLD
• Salisbury SA
• Logan Central QLD
• Frankston VIC
• Southport QLD
• Rockhampton QLD
• Wynnum QLD
• Campbelltown NSW
• Mackay QLD
• Morayfield QLD
• Wyong NSW
• Ballarat VIC
• Bendigo VIC
• Goodna QLD
• Liverpool NSW
• St Albans VIC
• Parramatta NSW
• Shepparton VIC
• Dandenong VIC
• Hurstville NSW
• Albury VIC
• Mount Druitt NSW

They currently specialize in short-term funding for people who need payday loans. You know – you’re a bit short on cash this week and need some dollars to tie you over.

Unfortunately, the interest fees with Money3 are quite high. Sometimes as high as 30%. It all depends on your personal situation and employment history, including current income.

We would recommend you shop around, but these guys with their national presence show that they’re committed to some good customer service. This is despite the numerous Money3 reviews which are quite negative online. Avoid anyone who claims that they’re guaranteed to get you a finance approval because it just won’t happen.

All in all, a legitimate Australian company that’s serving people who are in need of some quick finance…even today! We’re all doing it tough here in the economy, after all.

How long does it take for Money3 approval?

Sometimes it can be the same day approval with money deposited into your bank account. Money3’s success rate for loans really depends on your current employment situation and credit history. Some people have reported to wait up to 7 days!

Can I get finance without a job?

In most cases, probably not. There are some instances where financers might provide you with finance despite your 100% reliance on Centrelink, but this isn’t common. Besides, the loan amounts are typically small and with high interest too, including a large loan application fee.

What can you do to help?

If you’re struggling with debt, then The Debt Free Community is the ultimate resource for you! We’re committed to helping thousands of Australians through these difficult times.

How we work is that we’re a marketing company with a fantastic partnership with a great debt mediation service. They provide FREE initial phone advice so you can get a sense of you can get a saving grace on your current financial situation.

It can be overwhelming to be called and messaged daily by debt collectors. So much so that you might develop a lot of anxiety and not want to talk to them yourself. So…we can talk to them for you and make those phone calls stopping today!

Next steps

If you’re looking for a Pay Day Loan, consider if you even need it. Can you get a part-time job? That’s often an option available to many people.

But we understand that life can be tough, so it’s good that Money3 are there for people who need it most. There are occasional instances where they can help you get by.

You’ll need to have all your paperwork in order and identification before going into an office across Australia. Current employment is preferred as well.

While their reviews on Money3 aren’t so good, it’s clear that this company does help people in dire straits.

And if you happen to require some help today, get in touch with us too.

The Debt Free Community continues to look out for the individual who’s considering payday finance with Ferratum Cash and many others on the market.

It’s always a bit like going to a loan shark, except in this case you’re doing it online.

Ferratum Cash Loans is a company with RISKY payday loans on offer as we examine in this review. There are some dodgy people out there.

Most of them being the borrowers themselves who take out these loans to fund things that they shouldn’t. Often it’s to serve additional debt or feed addictions.

In this guide, we’ll examine what to do if this is you.

Ferratum Cash Loans Review

These signs are popping up across Australia right now. “You can get instant approval” or “1-hour loans for bad credit” are what we’re seeing through our research.

Unfortunately, it’s a really sad case. The problem is people aren’t doing it for the right reasons.

Good reasons include needing emergency money to pay for your sick dog’s vet bill. That’s a genuine need, but often your friends and family could also help you out.

Another example is where you need to repair the car in order to get to and from work safely. Sometimes you’ll find that you might get better rates from your current car loan provider since they hold security over the car itself.

But Ferratum Cash Loans does have friendly staff and some people do come in with the right mindset of actually paying them off. That we will applaud.

The ferocious cycle of payday loan debt

It’s a tough place to be in when you’ve already got existing responsibilities.

These might include:

1. A car loan debt where the car is now worth less than the loan amount
2. Credit card payments which are becoming overdue (maxed out too)
3. Your electricity provider threatening to cut the power to your house

It’s a scary thought, so the option of taking a payday loan to ease the burden sounds like a plan.

The problem is…it only works if you actually pay it off. Most people will struggle, only later will they will get another debt to fund this debt, and around it goes.

Like a never-ending whirlpool, with the borrower going nowhere.

Ferratum Cash can be risky

Payday lending as we’ve just described can push you into a downward spiral if you’re not careful. Ferratum Cash just happens to be one of the dozens of short-term financing operations in Australia.

The biggest risk is the borrowers who are taking out such loans to feed addictions, such as alcohol. If this is you, then please contact your local counselling service such as Lifeline. Their team can get you the help you need during these difficult times.

Likewise, the National Debt Helpline is available on 1800 007 007 to field calls.

Bad debt is a tough place to get into, especially as it affects your credit rating and ability to take out further finance. Buying a house or a new car for your family is likely to be hit with more resistance when banks see that you’ve gone down the payday path.

As a borrower, you can expect high interest rates up to 30% on your loans. If you miss repayments, then expect to be slugged additional charges plus they will start to hassle you. It’s really embarrassing and they actually expect that some people won’t be able to keep up with those repayments, which is why they make a profit from the fees.

Ferratum Cash debt collectors

Did you just get a phone call or text message from the collection agency representing Ferratum Payday loans? It likely says something like: “You need to contact us immediately regarding this financial matter.”

Take that as an official warning. You need to take action now to avoid recovery action, including home visits or notices to attend Court.

How we can help

The Debt Free Community aims to empower individuals and reduce their stress and overwhelm during these difficult times. You might be struggling with ongoing repayments each and every week.

If debt collectors are calling, especially regarding Ferratum, then it gets really stressful. Instead, you can ask our team to step in and handle everything for you.

We’re here to help those who are becoming anxious and aren’t sure what to do next. A plan can be created to help you address the burden that this is placing on your life, so you can start fresh.

In summary

Ferratum is a good payday lending service provider with solid reviews easily found online. The problem is that most of their borrowers get into hot water with these options.

Taking out a payday loan in order to service an existing credit card or personal loan is a terrible idea. That’s akin to fighting fire with fire during these difficult times.

Like we say, a never-ending whirlpool with no escape. Bankruptcy is a terrible option in our opinion with severe ramifications for your future.

Get in touch today with The Debt Free Community where you can be shown a new way to handle things and get on with the important things in life.

There are a lot of payday and short term lenders in Australia such as Safe Financial in Bundall, but the reviews are often a hit and miss affair.

We’ve decided to take a closer look at Safe Financial and what to do if their debt collectors are chasing you for payments. After all, a lot of these can be aggressive.

If you want to know the truth about Safe Financial, then we’ve got you covered in this review! Plus – how to deal with demanding debt collectors today!

Let’s start this off!

Safe Financial Review

If you’re looking for a small cash loan, then you’re in the right place. These guys are the expert at this.

At the same time, they also do car loans and home loans. In some cases, they even help businesses to finance for equipment and other incidentals.

If you read the online reviews of Safe Financial, it looks very promising. Trustpilot, for instance, shows a score of 4.9 stars. That’s quite impressive actually!

So it’s clear that many people are happy with their services. Some people, on the other hand, might leave a 1-star review, but these should be taken with a grain of salt.

Being on the Gold Coast, you would think that they only serve local people in Queensland. Truth be told that they serve people Australia wide.

This is because these days you can complete an online loan application these days quite easily. Just submit your documentation and you’re set to go!

We must say, here at The Debt Free Community we’re impressed by the reputation of this company. Clearly, they go the extra mile to help their clients get approved.

At the same time, they can’t guarantee approval. They’ll do their best, but it comes down to the individual and their level of motivation really.

More importantly, you need the financial means to pay back the original debt. That’s regardless of any loan you choose. And if you choose a Pay Day loan, the interest is often much higher.

And while we’re advocates of living 100% debt free, we know that this isn’t entirely possible for most people in Australia. Life just throws at us some real curve-balls sometimes.

So we’re just glad to have found one of the few financial brokers in Australia that we’d actually recommend!

Let’s get into some other juicy details.

Using Safe Financial for bad credit

If you’ve had a rough ride and your credit history has some red marks, then looking for a specialist lending provider is often a great idea. This gives you a chance to start fresh again.

Maybe it’s for another car to get to and from work. Perhaps it’s to make much-needed repairs to the house. Or even move interstate for work.

Either way, you can certainly apply for finance with Safe Financial even if you have bad credit. What you’ll want to do is make sure all your paperwork is in order.

Also, you’ll want to be upfront and honest. After all, they can and will check your credit report. If you have had payment problems in the past, then just be upfront.

The thing is: You can expect your interest rate to be higher than the average Joe. This is because the bank that Safe Financial recommends will be a bit concerned that you won’t be able to make repayments quite so easily. You might default again!

We’ve heard reports of up to 30% interest rates (absurd!) with some lenders, though it seems that these guys don’t really take this approach. They instead are quite fair.

Just remember that if you have bad credit, then taking out additional finance isn’t something we would recommend here. Taking on a 2nd job or driving for Uber often a better approach.

Dealing with Safe Financial Debt Collectors

If you’re being hassled by Safe Financial’s Debt Collectors because you missed some payments, then we have some great news! You’re probably avoiding the phone calls because it’s daunting and your bank account is slim. We can talk to them on your behalf so you don’t need to worry!

Are there better alternatives?

Not really. These guys are one of the top finance companies in Australia specialising in short-term finance. That said – they can still help with car, home and business financing too. Their online reviews prove that they’re worth doing business with!

How can you help?

If you’re in challenging financial times, they our recommended phone service can help you through these troubling times. Right now is not the time to be ignoring contact from debt collectors.

Next steps

If you’re looking for a good financing company in Australia, then you’ve found one of the best.

At the same time, we generally don’t recommend Pay Day Loans. You can often pick up a part-time job or drive for Uber instead.

But then there are times where this isn’t possible for you. From evaluating their customers on TrustPilot, it’s clear that Safe Financial is indeed SAFE.