In need of cash now? Let Cigno help you find a solution.

$50| $75| $100| $120| $150| $175| $200| $250| $300| $350| $400| $450| $500| $550| $600| $650| $700| $750| $800| $850| $900| $950| $1000|
Find A Solution Now

Buy Now Pay Later is a type of payment method that allows consumers to make purchases and pay for them on a future date. This payment method is under the short-term loan category since you have to pay for the loan quickly in the span of 4-8 weeks with no interest fee if you pay on time.

How Does BNPL Work?

Most Australians are now cutting up their credit cards and switching to interest-free BNPL services. Here are the three companies most Australian’s trust that provide the BNPL payment method.

  • Affirm – Partnered with 2000 merchants such as Amazon and Peloton and there are no hidden and late fees.
  • Klarna – BNPL provider that split up transactions into 4 and allows customers to choose their repayment schedule.
  • Afterpay – Allows customers to shop from thousands of merchants both online and in-store. Also, customers can pay four times with interest-free instalments over the span of 6 weeks.
Two people online shopping

What are BNPL Loans?

Applying for a loan with Cigno is convenient when you’re worried about repayments on BNPL purchases due to its very easy process. Consolidate all your BNPL failed repayments. Your loan can be approved on the same day that you applied for it. Cigno is just one call away to help find the right solution for you.

An Alternative to Buy Now Pay Later

BNPL is truly emerging as one of the best payment methods since it offers favourable services and a number of good reviews. But if you’re not convinced by its convenient services, you can apply for a Short-Term Loan from Cigno as an alternative.

A short-term loan is a small amount of money that can cover expenses which you can pay on the time that your next salary arrives. Ultimately, once you loan is approved, and cash is deposited into your account you can use that cash by any means necessary. Unlike Buy Now Pay Later services which are only available to use at selected stores and sometimes on selected purchases.

Why You Might Need A BNPL Loan

Shopping days and online sales don’t always come during payday cycles. There are times that those sale items are the ones that you have waited so long time for. Like with most things in life, make sure you understand what you are getting into with a BNPL payment method. One of the biggest issues we see with BNPL services is overspending or spending money you just don’t have or can’t afford.

Watch out for hidden fees, late repayment, and interest charges through BNPL providers as these can be much higher than expected. The possible benefit of a BNPL later instead of signing up to buy now and pay later services is that you won’t be tempted to exceed your limit.

Apply Now

Buy Now Pay Later with Bad Credit

BNPL loans don’t care about your past regarding bad credits. Cigno considers those as history and will never reflect it to the present. Just ensure you are a good borrower and Cigno will help you through your money problems.

Buy Now Pay Later with No Credit Checks

No more credit checking with a Buy Now Pay Later Loan. As long as you can prove that you can settle a repayment on time, you can apply for a loan online through Cigno.

signing a paper

Borrowing Responsibly

Before you proceed with any loan application, we advise clients to consider how a loan works and their financial standing. Cigno aims for everyone to achieve financial freedom, so we encourage our clients to only borrow what is needed, when it’s needed. Remember that you should only apply for a loan when you are 100% confident you can manage it responsibly. For more information, check out our commitment to Borrowing Responsibly.

Are there any requirements?

We usually need your personal details, such as contact details, address, and a recent 90-day bank statement. On rare occasions when we need more information, we will notify you and work with you to get the loan application completed as quickly as possible. Rest assured that we only ask for the information we need and keep all your data safe and secure.

Are there any fees involved?

Cigno will provide you with all relevant information regarding fees and any lender costs When you make your loan application. You can also read about these in advance on the Costs page.

Apply Now
Cigno Logo

Apply for a BNPL Loan Today

To apply for a BNPL loan, fill out our online application regarding your personal details and attach your identification card and your recent 90-day bank statement.

Apply Now

FAQs

Does BNPL Affect Credit Score?

Buy Now Pay Later affects your credit score if you’re not responsible with your repayments. Always remember that a good borrower doesn’t have to worry about a negative credit score impacting their loaning ability.

How Is BNPL different from a Credit Card?

The BNPL process is easier than a credit card. All you have to do is to purchase with the partner merchant of your chosen BNPL provider and check out with the BNPL payment method. Once you provide their requirements such as proof of being an Australian citizen and submit your ID and bank details, your order will be quickly approved, much faster than a credit card application.

Do BNPL Loans Have Fees?

Most BNPL providers do not have any interest fees. However watch out for hidden fees, late repayment, and interest charges through BNPL providers as these can be much higher than expected.

For more information, check out our FAQ’s.

Hear From Our Customers

  • The process of a small loan was easy and Cigno was prompt in depositing the funds into my account. Couldn’t have been happier. They come through every time I need a small loan.
    productreview
    June 2022
  • Cigno loans, are the real deal, they understand about us living on the other side, that, we are all struggling in a different ways, that, we all are not equal, they don’t pay attention to your past mistakes, they understands, and give us all a fair go. Just wanted to say, I appreciate every little help, because, You never know how much that little help matters, tills you don’t have it’s at all, and everyone, every other lenders that you think will help when you most need it’s, says no.
    trustpilot
    June 2022
  • I’m very happy customer! They are so understanding! Evan when I payed a payment late I had an option to pay the following fortnight witch helped me out with an unispected family issue! Thanks Cigno
    productreview
    June 2022
  • This company is a fantastic company. Even though I went through a bad patch and couldn't afford any repayments, they adjusted a payment plan and it was completely affordable. No harrassment, no bad calls just help when it was needed. Massive thanks to cigno
    trustpilot
    June 2022
  • Prompt response to enquiry. Upfront with everything - no hidden or unexpected costs/fees/chargers. For a 'same-day' unsecured loan, the rate is very competitive. The staff are very understanding to individual needs. I will definately approach CIGNO again in the future when another emergency arises.
    productreview
    June 2022
  • Cigno loans have always been reliable and easy to access when in need. They have provided a quick service (money in the account within hours once granted) with clear and concise information regarding the loan terms. The fees are fair considering they are a short term loan provider when many others would not lend. Never had an issue with communications between the company and myself. I highly recommend when service is needed.
    trustpilot
    June 2022