When life throws you a curveball that you cannot afford right now, an online loan could be the answer. Online loans can be applied for at any time on any day from the comfort of your own home and once approved will typically clear into your account on the same day!
An online loan is a small amount of money that you can borrow by lodging a loan application online. Applying for a cash loan online means you can complete the application whenever you need to, 24/7, from the comfort of your own home or even on your phone when out and about. You will never have to fit into the rigid opening hours of the banks to apply for a small loan ever again!
If you need to get cash loans online, get in contact with Cigno to find out how we can help you.
Life happens. We understand. Sometimes unexpected events occur when you do not have the money to handle them. Cigno can help. We act can act as your agent to assist you to apply for a loan using our online infrastructure. We optimise the entire process so that you can apply online without having to leave home and have the best chance for a successful outcome. Once the lender approves your application, the funds will typically clear into your account on the same day!
Simply fill out our enquiry form. Through our partner we will distribute your enquiry to a panel of providers who may be able to help you with a Online Loan.
In the period from July 2022 to 3 October 2023, over 100,000 consumers have been lent a total of $34 million, and charged fees of over $70 million, under the ‘No Upfront Charge Loan Model’ operated by BSF Solutions and Cigno Australia. At no time has either BSF Solutions or Cigno Australia held an Australian Credit Licence.
The Court also found that Mark Swanepoel (director of Cigno Australia) and Brenton James Harrison (director of BSF Solutions) were involved in these breaches of the law.
With effect from 24 May 2024, the Court has granted permanent injunctions preventing Cigno Australia and BSF Solutions from:
Cigno Australia was ordered by the Court to, by 5th July 2024, send written communications to consumers who between July 2022 and December 2022 entered into agreements with Cigno Australia and BSF Solutions under the ‘No Upfront Charge Loan Model’.
The Court will later determine whether (among other things) Cigno Australia and Mark Swanepoel ought to pay a pecuniary penalty in respect of this conduct, and whether Mark Swanepoel should be restrained from carrying on a business engaging in credit activity.
Cigno Australia, BSF Solutions, Mr Swanepoel and Mr Harrison intend to appeal the decision of the Court and have filed an application for leave to appeal. If the appeal is successful, some or all of the orders of the Federal Court of Australia may be set aside.
You can access legal advice in your state at: Free legal advice – Moneysmart.gov.au.
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