Bad Credit Personal Loans
Bad Credit Personal Loans
Non Conforming Loans are designed to assist those borrowers who do not meet standard lending criteria. We understand that everybody is different, so we tailor our interest rates to individually match our borrower’s financial situation, from 7.65% (7.65% comparison rate*) to a maximum of 26.99% (28.60% comparison rate). Our loans are from $5,000 to $60,000 over 3, 5 or 7 years.
Unsecured personal loans can be used for almost anything, including to pay for a car, a holiday, medical or dental work, deposit for a house, debt consolidation, home improvement or even to help pay for a wedding.
To qualify for a Bad Credit Personal Loan your credit score must be above 300 and you must have any defaults paid over 12 months or unpaid non-financial defaults (such as telco’s or utilities) must be listed over 12 months. If you do not know your credit score you can check on your credit score at this site for free www.getcreditscore.com.au/
If you do not meet the above credit criteria you may qualify for a personal loan with this lender click here!
* This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
(Click on a heading for more information on unsecured personal loans)
Other reasons for decline:
a) Current or Recent Bankruptcy or Part 9
b) Paid defaults need to have been paid for a minimum of 12 months before applying
c) No recent late repayments over last three months with creditors
d) No debts / bills with debt collectors in last 3 months
e) Applicants with more than two current payday loans up to $2,000 will not be considered
f) Unpaid Defaults
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