Frequently
asked
questions.

MoneyBuddy is an Australian licensed credit provider offering small personal loans from $500 to $5,000. We provide fast, fair, and transparent lending to help Australians manage unexpected expenses.

Yes. MoneyBuddy operates under GT Industries (AUST) Pty Ltd (ACN 682 877 701) and holds Australian Credit Licence 567039. We are regulated by ASIC and comply with all relevant Australian lending laws.

You can borrow between $500 and $5,000 depending on your individual circumstances, income, and expenses.

Simply visit our website, choose your loan amount and purpose, and complete our online application form. The process takes less than 5 minutes.

You need to be 18 or older, an Australian citizen or permanent resident, have a regular source of income, and have an active bank account and email address.

Most applications receive a decision within minutes. Once approved, funds are typically transferred to your bank account on the same business day.

We may perform a credit check as part of our responsible lending assessment. This inquiry may appear on your credit file.

Repayments are automatically debited from your bank account on your chosen frequency — weekly, fortnightly, or monthly — aligned with your pay cycle.

Yes! You can make extra repayments or pay off your loan early at any time with no early repayment penalties.

If you're experiencing financial difficulty, please contact us as soon as possible on 1800 462 691. We can discuss options available to you. You can also contact the National Debt Helpline on 1800 007 007.

No. All fees and charges are disclosed upfront before you accept your loan. We believe in complete transparency — what you see is what you get.

Yes. We assess each application individually and look at more than just your credit score. We consider your current financial situation, income, and ability to repay.

Applications from Centrelink recipients are assessed on a case-by-case basis. We must ensure that any loan is suitable and affordable for your situation as part of responsible lending requirements.

You need a regular source of income, but this doesn't have to be traditional employment. We consider various income sources during our assessment.