Rating based on 29 reviews

Cash Train

  • Short-term loans up to $2,000
  • Low-interest starting from 44%
  • Repayment up to 90 days

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Cash Train homepage
Author Cash Train. Screenshot of Cash Train website.
[Accessed May 24, 2023]

About Cash Train

Cash Train is a provider of short term loans ranging from $200 to $2,000 to Australian citizens and residents who meet their application requirements.

Customer service you can trust

If you want good service as lightening speeds this is the lender for you. Since Cash Train is an online lender and one that’s been in operation for a decent number of years they have perfected their customer service procedures and deal with their clients in a respectful and efficient manner at all time.

Cash Train is not a payday lender and does not offer payday loans. The minimum term that you can get is also the maximum term which is either 10 weeks or 3 months depending on when you get paid.

Cash Train Services

Cash Train offers short term credit that ranges from $200 to $2,000 and loan terms of 10 weeks or 3 months depending on whether you are paid fortnightly, weekly or monthly.

Cost structure

Loans are charged as 40% of the principal loan amount and 4% of the principal per month for the duration of the loan. The comparison rate is currently 152.04%.

This is an alternative online lender and will likely cost you much more than obtaining a loan from a bank or traditional lender however, they will likely deliver cash on the same day. Cash Train does, under the right circumstances, offer bad credit loans as well. You are however, still required to meet their minimum income criteria and not be in a long term financial struggle to apply.

Cash Train – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 44%
  • Loan Amount up to $2,000
  • Repayment 10 weeks to 90 days

Benefits of Cash Train

  • Flexible loan terms up to 90 days
  • Low interest rates from 44%
  • Short-term loans up to $2,000

Short-term loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Apply for a fast bad credit loan 100% online

Cash Train’s online loan application is simple and easy to complete. After entering your desired short-term loan amount, your loan purpose, personal details, address and employment information you will then be asked to verify your details and provide 90 days' worth of bank statements.

What you can use it for

  • Medical or vet expenses
  • Bills
  • Educational expenses
  • Emergency expenses
  • Entertainment purposes

Loan eligibility

In order to get a personal loan from this lender, you will have to be at least 18, be employed either full-time or part-time, have a monthly income exceeding $1,200 which is paid into your bank account and, be either an Australian citizen or resident.

Repaying your short-term loan is very simple with Cash Train since they will set up a direct debit against the bank account into which you are regularly paid. This means that you will not have to experience any problems as a result of forgetting to make your repayments.

More affordable than a payday loan

Many of Cash Train’s new customers know all too well that a payday loan is a very expensive way to get a quick loan and really appreciate their 10 weeks to 3-month loan terms which enable them to spread repayments over a longer period of time.

This makes Cash Train’s loans easier to afford since they don’t place an unhealthy burden on the borrower's income. This loan will suit anyone who needs cash of less than $2,000 within a very short space of time. Whether it’s for school expenses for your kids or for a night out on the town any short-term cash shortage can be remedied with Cash Trains online loan offerings.

man holding thumbs up

Cash Train is a trusted & reliable provider of short-term loans

In our review, Cash Train adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ Cash Train is a registered credit provider in Australia: ACL 389 189

Customer Reviews & Testimonials

October 2018

Other lenders were not prepared to give me a chance based on my credit record. But because of Cash Train’s affordability policy, I was still able to get the finance I needed.

Sean C
— Forster —

February 2019

Cash Train gets things done fast and that’s what I love about them. Every time I have had a financial emergency I have not hesitated to push their button. Thanks for the reliable efficiency.

Andrea M
— Glen Innes —

Cash Train Contact

Physical Address

Opening Hours

  • not available