500
Weekly
Fortnightly
Monthly

Loans from $2100 and upwards require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on loans between $300 and $2000 is 199.43%. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.

The Interest Rate for Secured Medium Loans is 48%. Maximum Comparison Rate is 67.41% p.a. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.

The Interest Rate for Secured Large Loans is 21.24%. Maximum Comparison Rate is 48% p.a. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.


Don’t fall for the trap of bad credit loans Australia guaranteed approval – apply through Good People Bad Credit instead!

 

Bad credit loans Australia guaranteed approval seem like an attractive prospect, but they are just scams hidden behind flashy titles. It’s better to apply for affordable bad credit loans up to $15,000. There are different fees depending on the loan amount, with repayment periods up to 36 months.

 

If you’ve been turned down by the bank and you’re still in need of some extra funds, you want a loan that won’t burn a hole in your wallet – that’s exactly what bad credit loans Australia guaranteed approval are not. There are ways to find reliable providers of online finance options for people with bad credit, and Good People Bad Credit has one of the best services around.

 

Good People Bad Credit is a lender-finding service, which means we can find lenders for our clients who may be able to help them out. Guaranteed approval loans for bad credit applications Australia are a waste of time, and bad credit business loans guaranteed approval Australia aren’t worth the risk. Let us explain why.

bad credit loans australia guaranteed approval

What are bad credit loans Australia guaranteed approval?

 

Bad credit loans guaranteed approval – there’s a lot of promising and enticing words in there, huh? In truth, bad credit loans Australia guaranteed approval are nothing more than a scam. To put it quite simply, no lender should be offering guaranteed approval.

 

It doesn’t seem fair for customers with bad credit that just want a fair shake, but unfortunately, it’s true. A lender offering bad credit loans Australia guaranteed approval should be taken with a grain of salt. Bad credit loans Australia guaranteed approval can often result in awful loan scams. This is where a scammer pretends to offer a legitimate service as a way of eliciting money from would-be clients.

 

There are many cases of the “lender” demanding payment up front, then disappearing as soon as they receive the money. The poor customer is left high and dry, and further out of pocket. If you’re wanting to avoid any run-ins with loan scammers masquerading as lenders, apply with our lender-finding service!

Why do people want bad credit loans Australia guaranteed approval?

 

To put it simply, the reason why some people seek out bad credit loans Australia guaranteed approval is that they’ve been turned down for loans by big traditional lenders before. Time and time again they’ve asked nicely for extra finance in their time of need, but the banks shoo them away. That causes them to look for other options – usually online.

 

If you’re not familiar with the online lending industry, it can be a pretty confusing place. All you need is some cash to help you out of a tight spot, but instead, you have to navigate your way through a bunch of financial terms that you’ve never seen before. Tired, bored, and downright sick of searching, you come across a lender offering bad credit loans Australia guaranteed approval. It sounds good, and it’s just what you’re after. Surely this is the one, right?

 

Unfortunately not. Those with bad credit feel forced into searching for these potentially unsafe loans as a result of past loan application rejections by the banks. As a result, these customers become more and more desperate, and some may choose to apply for bad credit loans Australia guaranteed approval if they don’t know where else to go.

 

Good People Bad Credit (GPBC) is committed to trying to find lenders for those who have been rejected by the traditional lenders. We can bridge the gap between everyday people and online lenders, sifting through the jargon to tell you straight up what the deal is. When you apply through us, you won’t have to worry about being ripped off by bad credit loans Australia guaranteed approval.

How do I know if I have bad credit?

 

Those who are lured into apply for bad credit loans Australia guaranteed approval have usually been knocked by the banks for having bad credit. Even if you have a general idea of what your score is, it’s important to check your credit score regularly. It will also allow you to track how your credit is travelling, regardless of whether you’re applying for a loan or not.

 

Luckily, checking your credit score is now, quick, painless, and most importantly, free! There are a bunch of ways to check your credit score, as recommended by Money Smart! You might have heard that applying for a free credit score check will harm your credit history. Thankfully, that’s not true! You can apply with the following providers for a free report that won’t harm your credit score. Results may vary depending on the credit reporting agency, so it might be an idea to apply with a few different services to get a more accurate reading.

What does my credit score mean?

 

So, you’ve applied with one or more of these and you’ve got your credit score. Now you might be wondering: what exactly is bad credit? Your credit score exists on a spectrum between 0 to 1,000 for the credit agency Experian, and 0 to 1,200 for Equifax. As you’ve probably already guessed, if you have bad credit, you’ll be down the lower end of this spectrum. Here’s a breakdown of the different credit score bands for each credit agency:

 

Credit BandExperianEquifax
Excellent800-1,000833-1,200
Very Good700-799726-832
Good625-699622-725
Average550-624510-621
Below Average0-5490-509

 

If you have bad credit, it’s important not to panic. Even if you’re in need of fast cash, applying for bad credit personal loans guaranteed approval Australia will only land you in hot water. Apply with our lender-finding service instead and we can find lenders who may be able to help you out.

Why should I apply with GPBC instead of with lenders offering bad credit loans Australia guaranteed approval?

 

Unlike lenders that offer bad credit loans Australia guaranteed approval, we’re not here to take advantage of you. We strive to make our service as fast and easy to use as possible, and that we can find lenders for those who need a bit of spare cash. Here are a few things that make our lender-finding service so great:

  • Quick, 100% online applications – We don’t want to waste your time, which is why we’re 100% online! Apply via our website in just minutes and we’ll take it from there.
  • No paperwork needed – Our online application process means that you won’t have a to print out a single page of paperwork! What traditional lender can match that promise?
  • We do the research – We can save you time by finding a lender, fast!

Does GPBC conduct credit checks?

 

No, GPBC does not do credit checks. We are just a lender-finding service. However, we do find lenders that may conduct a credit check as part of responsible lending practices and a thorough assessment process. But don’t go running in the opposite direction just yet.

 

You see, a credit check is only one aspect of responsible lending practices. There are other important aspects of your application. So, having bad credit won’t immediately disqualify you from applying through Good People Bad Credit, or receiving a loan from a lender that we find.

 

This is why bank statements are important. Lenders take a look at these as they provide a good snapshot of your current finances. This is super useful as it indicates just how you’re currently handling your finances. If lenders can see that you’re handling your current finances well and are making your repayments on time etc. they may be able to do something for you, despite the previous bad credit history. They’re willing to consider other factors than just the black mark on your credit history from way back when.

What are your basic application criteria?

 

We want to find affordable cash loans lenders for as many people as we can, so we don’t make you jump through hoops to apply. To be eligible for our lender-finding service we simply require the following from you before we can start our process:

  • Be an Australian citizen or permanent resident
  • Be 18 years of age or above
  • Receiving a regular income into your personal bank account for at least the last 90 days
  • Have an active mobile number and email address

Yep, just check those four boxes and you can apply!

So I can still apply to find a lender with GPBC even if I have bad credit?

 

Yep, you sure can apply even if you have bad credit history!

 

We’re not like traditional lenders. The big banks might knock people back for having bad credit without batting an eyelid, but not us. If there’s one thing we’ve learned, it’s that, although the banks might have an air of authority, it’s not necessarily a good idea to always follow their lead. We’ve seen a fair bit of evidence recently that the banks don’t have their clients’ best interests at heart. We prefer to do what is best for those who could benefit from our lender-finding service.

 

That’s what sets us apart from the banks: we can find bad credit loans lenders for our customers. Having bad credit that causes you stress is punishment enough; there’s no reason why we should punish you more when it comes to finding a lender. Apply with us and we can help you to avoid the pitfalls of the online lending market. If there’s a lender on the web that may be able to help, we can find them.

 

At Good People Bad Credit, we find lenders offering loans for good people with bad credit. It’s in our name!

What if I’m receiving Centrelink payments?

 

Yep, we can find lenders for Centrelink customers and lenders for pensioners!

 

Just like bad credit, receiving Centrelink payments is something that traditional lenders turn their noses up at. We don’t believe in discriminating against people just because they’re receiving welfare. In fact, we recognise Centrelink payments as income, as long as they’re consistent and reliable.

So, don’t wait! Apply to find a personal loan provider with Good People Bad Credit today!

How much do loans cost?

 

Good People Bad Credit are lender-finders, not actual lenders. As such, we cannot guarantee what your fees and costs are going to be. Your exact terms will depend on your lender and your loan amount. However, here’s an estimate of the sorts costs that you can expect:

 

Small Amount Credit Contracts:

Small loans are for amounts between $1,000 and $2,000. These types of loans are unsecured. You can expect a loan of this type to look something like this:

  • A maximum 20% establishment fee;
  • A maximum 4% monthly fee;
  • Can be repaid over a period of up to 6 months;
  • Dishonour fee if you miss a repayment.

 

Medium Amount Credit Contracts:

If you’re after an amount between $2,001 and $4,600, you’ll be looking at a medium loan. These are secured loans, so you will have to include a vehicle as security. This could be a car, motorbike, boat or caravan. Expect fees somewhere in the region of the following:

  • An establishment fee of $400;
  • Interest Rate (APR) of 48%*;
  • Can be repaid over a period of between 13 and 24 months;
  • Dishonour fee if you miss a repayment.

*Comparison rate of 67.41% P.A.; this comparison rate is based on a medium amount secured loan and may not include all fees and charges. Different fees, terms or other loan amounts may result in a different comparison amount.

 

Large Amount Credit Contracts:

If you’re looking for an even larger amount, Good People Bad Credit can find lenders offering loans from $5,000 to $15,000! Again these are secured loans, so you will need to put up some form of security. Expect fees to look something like the following:

  • An interest rate of 21.24%* per annum. Keep in mind that the more you pay off the principal amount of your loan, the less interest will be charged. This is called reducing interest.
  • Can be repaid over a period of between 13 and 36 months.

Comparison rate of 48% P.A.; this comparison rate is based on a large amount secured loan and may not include all fees and charges. Different fees, terms or other loan amounts may result in a different comparison amount.

It’s always a good idea to thoroughly read through your loan contract before you sign it to ensure that everything you’re agreeing to is correct. Unlike the loan scammers promising bad credit loans Australia guaranteed approval, we’re not trying to trap you. If you decide prior to signing the contract from your lender that you don’t want to go through with your loan, that is entirely your decision. In fact, you can back out at any time prior to signing your loan contract at no extra cost.

Keen to find out more about GPBC?

 

Well then good news, because you’re already in the right place! On our website, you can find out more about us, check out how to apply, or read up about costs and FAQs.

If you’re keen to chat more about what we do or your specific situation, either contact us online or send an email to hello@goodpeoplebadcredit.com.au.

Remember that no matter how promising it sounds, applying for bad credit loans Australia guaranteed approval is more trouble than it’s worth. Why bother with the hassle when Good People Bad Credit is right here? We can find legitimate lenders offering bad credit loans. Apply now!