A comparison of Cash Doctors and Payday Mate
31 March 2008
If you aren't sure which of the major payday loans providers you would like to apply through, then let us help you decide with a quick comparison of their features and requirements.
Cash Doctors offer quick payday loans with a simple application process. All you need do is complete their simple online application form and the rest is confirmed with your paymaster. You will need to contact your paymaster to inform them of your application, but it takes very little work to get a small short term payday loan. You could borrow up to $600 within as little time as 60 minutes after your application.
In terms of requirements, Cash Doctors ask for a minimal amount of criteria to be satisfied if you are to be approved for a loan. You must make at least $400 net income per week after rent or mortgage expenses, as well as having been employed for at least three months and not be self-employed. If you can meet those requirements, then you stand a good chance of being approved for a payday loan from Cash Doctors.
Payday Mate is another payday loans provider offering a high level of service. For your first loan you can borrow up to $300, and after you have repaid that, the limit is extended to a possible $1000 depending on your financial ability. Unfortunately, the application process is not quite as convenient as Cash Doctors, as Payday Mate require a copy of your most recent bank statement and pay slip to complete your application.
The requirements of a Payday Mate loan are similar to a Cash Doctors' loan in that self-employed individuals are not eligible. The monetary requirements differ, however, as you need a minimum net income of either $667 bi-weekly or $1334 monthly. You must also have you salary deposited directly into your account, and loans are unavailable to residents of Western Australia and the Australian Capital Territory.
Cash Doctors and Payday Mate are both excellent, reliable payday loans lenders. Please visit our pages on them for more information or to begin application for great payday loans.
Featured Payday Loan Lender
Cash Doctors is one of Australia's leading short term lenders. They have helped thousands of Australian's overcome short term financial difficulties by offering instant cash loans.
- You can submit a payday loan application online with Cash Doctors for loans of $100 - $600.
- A Cash Doctors Payday loan application will only be approved if submitted by people who have been employed for at least 3 months and are paid more than $400 per week net after rent/mortgage repayments have been taken into account.
- Payday loans are paid directly into your bank account within the hour.
- Cash Doctors do not require any paperwork from you to approve your loan. This is a completely faxless payday loan with your details confirmed with your payroll officer before approval of your payday loan is granted.
Featured Payday Loan Lender
More Cash Fast
When you need cash now, turn to PaydayMate. You can have up to $1000 in your account just by simply completing the online application.
1. Complete the Online Application
2. Check Email for Confirmation
3. Receive your Cash!
Unfortunately Payday Mate does not loan to Western Australia and Australian Capital Territory residents.