FAQs

What is Loans Bad Credit specialised in?
Loans Bad Credit is specialised in arranging short term as well as long term loan services for borrowers suffering from bad credit record such as default, CCJs, arrears, late payment and bankruptcy and so on.

Who are eligible to apply?
Any citizen of Australia above 18 years of age, who has an active checking account and earns fixed income every month, is considered as eligible to apply with us.

Will I have to pledge collateral?
If you are applying for the secured form you will need to pledge collateral, while for the unsecured form, no collateral is required.

How much can I borrow?
The borrowed money will depend on what loan deal you are applying for.

Is there any restriction on the usage of the borrowed money?
No, there is no such restriction. You are free to make use of the borrowed money for any purpose.

How can I apply?
The best way to apply for our loan services is to make use of our online application form available at our website.

What about the privacy of the personal information that I provide?
We make use of various security measures that will ensure the safety of the personal information that you provide us.

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.