FAQs

What are bad credit loans?

Bad credit loans are loans meant for the borrowers who do not have a favourable credit rating.

Who can apply for bad credit loans?

All the bad credit borrowers suffering from credit history such as CCJs, delayed payment of debts, bankruptcy and arrears can easily avail bad credit loans at Loan For Bad Credit.

Who are considered as eligible to apply for loans at Loan For Bad Credit?

All the borrowers who have an Australian citizenship are eligible to apply for our loan services.

For how long will I have to wait for the loan to get approved?

At Loan For Bad Credit, we offer fast and instant loan procedure. In fact, you can get approval within 24 hours of your application.
Do you charge any extra fee for providing loans to bad credit borrowers?

No extra fees are charged by us for providing loans to bad credit borrowers. Instead, we will help you find competitive rates and flexible terms so that you can repay easily.

Will I have to undergo any credit check for the approval of bad credit loans?

No, at Loan For Bad Credit we do not perform any credit check for the approval of bad credit loans.

How much amount can I borrow as bad credit loans?

The amount that you get through bad credit loans will depend upon your requirement and repayment ability. The amount generally ranges from AU$1000 to AU$75000.

Is there any obligation for the usage of bad credit loans?

No, there are no obligations for the usage of bad credit loans. You are free to use as per your convenience.

Can I apply for bad credit loans despite being a tenant borrower?

Yes, you can definitely apply with Loan For Bad Credit even though you are a tenant. You can apply for the unsecured form of bad credit loans.

How can I apply for a loan with Loan For Bad Credit?

To apply for a loan with us make use of our online application procedure. You will just have to fill in the form and submit it to us. As soon as we receive the form we will get back to you in no time.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.