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Discover bad credit personal loans

Lose the stress of bad credit. Get your life back.

No impact on your credit rating - Obligation free

We understand that your finances can get messy, which is where bad credit personal loans can help. Our experienced team are aware that most Australians have debts they need to repay while trying to make ends meet. Our unique financial solutions are here to help you get the ball rolling again.

With bad credit, it’s difficult to get the right financial assistance, making things hard for you and your loved ones. But we are here for you. 

Hassle-free bad credit personal loans

Flexible options for bad credit

Flexible options

We tailor bad credit personal loans to suit your exact needs, with a loan term to suit.

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Competitive interest rates

We’re not a traditional bank which is why we can offer lows suitable for those with poor credit

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Fast application

Our simple low-doc finance application process is designed to make applying less stressful than traditional bank loan applications.

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Personalised service

We have specially tailored loan products to help you find the best financial solution for your needs. From bad credit loans to credit repair and debt management.

Benefits of bad credit personal loans

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Consolidate unmanageable debt

Are your stuck paying off multiple credit cards or personal loans? Is your debt spiralling out of control? Bad credit personal finance can help you consolidate your debt into one neat and tidy package that is more manageable.

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Less interest than credit cards

If you are not paying the credit account off within the zero interest time period, most cards charge high interest. Without credit card fees and charges, a personal loan may end up lower cost, as you are not charged a higher interest rate.

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Build your credit file

Use your funds to pay off any existing debt and get you back on track. We also have links to credit repair specialists who can help you to remove any issues such as defaults, court judgements and credit enquiries.

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Fast approval

We always intend to respond to applications within the same day. Following this, you can expect to receive funds within as little as 24 hours of approval. Our goal is to get much-needed funds into your bank account as soon as possible.

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Bad credit finance specialists

Bad Credit Loans Australia has helped thousands of Australians find personal and business solutions over our 30 years within the finance industry. Our team is specially trained in this area of financial service.

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Tailored customer service

Our bad credit personal loans specialists will quickly understand your financial situation. Our primary goal is to find the personal finance to suit your specific needs, regardless of a poor credit history.

Bad Credit Loans FAQs

A loan for bad credit is personal finance that is offered to someone who has a bad credit history. This situation may arise due to a default, court judgement or black mark placed on your file. Other factors may include multiple finance applications or bankruptcy. Bad credit personal loans can come to the party when the banks say no.

Have you applied for finance from a traditional bank and were you rejected on the basis of a low score?

The first step to assessing your score is to request a credit check. You can check your credit file online; or request help from us. If your score is low then it could be due to a number of reasons such as missed repayments, multiple credit enquiries or simply making minimum repayments on your credit card. This will affect your ability to secure finance. 

Since a loan for bad credit is a form personal finance aimed towards people who have been unable to manage their debts responsibly in the past, naturally, this leads to a higher level of risk for the lender.

For this reason, interest rates can be higher compared to a standard loan.

However, there are 2 main ways to lower these interest rates:

  • Secure your loan against a personal asset (house, car, jewellery)
  • Pay a higher up-front loan deposit

No, we don’t.

A payday loan is a type of short-term borrowing where the creditor extends very high interest finance. A payday loan’s principal is typically a portion of a borrower’s next pay cheque. Payday loans charge high-interest rates and are definitely only for extreme short term needs. 

There are other alternatives that this type of loan, such as talking to your creditor (e.g. energy provider) and applying for hardship assistance. You can also talk to a financial counsellor about how to move forward when you get into financial trouble.

While we have finance options for people with poor credit histories, we are also advocates of responsible lending.

More information on Payday Loans

Bad credit loans make it easy to apply for a personal loan.

  1. Apply online, it only takes a few minutes, has no impact on your credit score and requires no documentation.

  2. Our finance specialists will look at your unique situation. We’ll create a tailored plan best suited to you.

  3. We’ll talk you through the opportunities that we’ve found and put you on a clear pathway to a positive financial future.

If you have been discharged from bankruptcy and have a clean financial record for over 18 months, then you can apply with us.


Yes. There are certain restrictions. Ask your Bad Credit Loans specialist 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 altogether.

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.

This is why Bad Credit Loans Australia provide a fantastic opportunity when others can’t.