Bad Credit Loans Australia

Getting bad credit loans in Australia is not as hard as you would think. In 2016 ASIC, the finance regulatory authority in Australia, came down hard on payday lenders not following the strict guidelines of finance.

While this has improved the small sum, short term lending market in Australia, there’s still a lot of room within the rules for lenders to take advantage of unsuspecting Aussies who believe they have no other choice to get the loan they need.

We’re here to tell you that this doesn’t have to be the case! At Loans for People With Bad Credit, we’re building relationships with lenders who believe, just like we do, that Aussies deserve a fair go at a second chance to sort out their finances.

Why Get Your Bad Credit Loans Australia Here?

When you use a specialist loan broker, you get access to loans that you wouldn’t find just doing an online search. This means you may have to spend less for your loan than you thought you might.

Additionally, a broker can perform a complete assessment with a ‘soft’ credit check.

They’ll do the assessment against the lender criteria before they start an application. This way, you’ll only put an application to a lender where there’s a really good chance you’ll be approved.

The key advantage here is that it saves you making multiple applications and being rejected, without really knowing exactly why.

Getting a Guaranteed Approval Loan

If you choose to use a mortgage broker, chances that your loan will be approved after submission are much higher than if you prepare the applications on your own.

Your broker will make sure all the correct documentation is in place before the application is sent through, including all your contact, ID and financial info.

They’ll only submit the application if they’re certain of a good result. If you don’t meet the lender criteria, then your broker will explain to you what you need to do in order to meet the criteria before you apply, and help you make a plan to do this.

Bad Credit Loans for Any Purpose

With an Australian bad credit personal loan with guaranteed approval you can use the money you borrow for any purpose you need.

Here’s some of the things you can use a bad credit loan for:

  • buy a car
  • holiday for yourself or your family
  • to pay overdue bills or make up a bond or deposit
  • buy a boat or jetski
  • buy a motorbike
  • meet unexpected expenses
  • purchase large household items

As you can see, you’re only limited by your imagination in the many ways you can use bad credit loans Australia.

Ready to Get more information?

Fill out a quick quote form to find out how you can get the funds you need despite your credit history.

If you’d rather educate yourself a bit more first, head over to the blog to find out more about the different types of loans we offer and how to use a bad credit loan to create good credit.