Bad credit personal loans
Lose the stress of bad credit. Get your life back.
At Bad Credit Loans, we understand that your finances can become stressful. Sometimes, we’re faced with financial obstacles. All we need is a helping hand to get the ball rolling again.
We offer hassle-free bad credit personal loans
At Bad Credit Loans, our experienced team knows that most Australians have debts they need to repay while trying to make ends meet. With bad credit, it’s difficult to get the right financial assistance, making things hard for you and your loved ones.
Thinking personal loan? Choose a bad credit loan
Flexible options: A loan that suits your needs.
Competitive interest rates: We are not a traditional bank
Fast application: Your entire application process will feel like a walk in the park.
Personalised service: Our bad credit personal loans are all about you.
Benefits of a bad credit personal loan
Lower Interest Rates Than Credit Cards
Build Credit File
Collateral Is Not Typically Required
Cover Unexpected Costs
Frequently asked questions
A bad credit loan or loan for bad credit is a personal loan that is offered to someone who has a bad credit history. A bad credit history may arise due to a default, court judgement or black mark placed on your credit file. Other factors may include multiple loan applications or bankruptcy.
Have you applied for a personal loan from a traditional bank? Were you rejected on the basis of a low credit score?
The first step to assessing your credit score is to request a credit check. You can check your credit file online; or request one from Bad Credit Loans. If your credit report history is quite low; it could be due to a number or reasons.
Missed payments, forgetting credit card repayments may lead to defaults which can lower your score. This will affect your ability to secure finance. Learn how to check your credit score.
The truth is that you interest rates are typically higher for bad credit loans. A person with a good credit history is considered a good borrower. Lenders and banks will consider someone with a bad credit history as a risk. As such they will adjust their interest rates accordingly. At Bad Credit Loans we have built a strong relationship with a network of financial institutions. As such we offer competitive interest rates.
Bad credit loans make it easy to apply for a personal loan.
Enquire online, it only takes 3 minutes.
Our loan specialists get to know you. We create a tailored, bad credit personal loan based upon your financial situation.
Accept the loan. Access the funds within your nominated account.
If you have been discharged from a bankruptcy and have a clean financial record for over 18 months, then you can apply with bad credit loans.
Yes. There are certain restrictions. Ask your loan consultant for more details.
When you have bad credit, it’s true that most banks and traditional money lenders either hesitate to give you funding or reject your application all together.
And even if they decide to approve your loan, they often increase the interest rate and add more terms and conditions to your loan because of your bad credit rating.
Let’s get started!