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.


Good People Bad Credit makes finding personal loans for bad credit a breeze!

 

Personal loans for bad credit are great for people who need some extra funds but don’t quite have a perfect credit score. Personal loans for bad credit up to $15,000 include an establishment fee and regular repayments, repaid over a period of up to 24 months.

 

When life doesn’t seem to want to give you a break, you might find yourself in a bit of financial strife. If you’ve been in a similar position in the past, defaulting on a payment might have resulted in a black mark on your credit history, giving you a bad credit score. This then makes it harder to access loans through traditional lenders and leaves you wondering where to find personal loans for people with bad credit.

 

That’s where Good People Bad Credit can help. Unlike the big banks, we want to help those who don’t have a spotless financial record. We can guide you through the stressful process of searching for a loan by finding personal loans for bad credit lenders. Want to know more about this awesome service? We thought you might.

 

What are personal loans for bad credit?

 

To put it simply, personal loans for bad credit are finance options designed to help good people with an imperfect credit history.

 

When money’s tight, a personal loan can help you get back on your feet. However, if your credit score isn’t looking so stellar, you’ll find that the traditional methods of obtaining a loan simply aren’t an option. Unfortunately, the big banks can view anyone who doesn’t have a spotless credit record as a huge financial risk. Just because you have bad credit, doesn’t mean that you won’t be able to pay back a loan. A black mark on your credit history can stay there for up to 7 years, so the bank might be judging you for a mistake from your distant past.

 

Luckily, banks are no longer the only lenders on the scene. Jump online and you’ll find a multitude of lenders who are willing to help out those with bad credit. If you ask the big banks, they’ll spout off some nonsense about how all online lenders are untrustworthy and that you should only get a loan from a bank or a similar “traditional” lender.

 

The truth is, there are plenty of legitimate, trustworthy lenders that can find affordable personal loans for bad credit. It’s not surprising that the banks would try to discredit these responsible loan providers. They see these new kids on the block as a threat. The banks want to protect their reputation as a supposedly reliable institution that people trust for financial advice. However, if you’ve been paying attention to the Banking Royal Commission, you’d be aware that the banks and their practices are far from honourable.

 

It’s always helpful to have someone on your side to guide you through the process of finding an affordable lender. That’s where we come in!

 

How can Good People Bad Credit help me find personal loans for bad credit?

 

Good People Bad Credit is a lender-finding service that can help find lenders for people with less than stellar credit history. If you’re going about your day, chances are you either don’t have the time or simply don’t want to spend hours comparing lenders. Good People Bad Credit does the hard work so you don’t have to.

 

So, how do you get this show on the road? All you have to do is submit an application on our website. Now if you’ve applied for a loan with a bank before, this probably sounds like a mission in itself. But good news! Our online application form takes just a few minutes to complete. That’s all you have to do!

 

Fulfil your end of the bargain and we’ll roll up our sleeves and get stuck in. Once we get all your details we then get to work trying to find you a lender. We’re the best at finding lenders of personal loans for bad credit!

 

No need for you to deal with any of the financial lingo or possible risk of getting into business with a shady lender. Simply submit your application, then sit back and relax while we get to work on our loan matchmaking process. In a little over an hour, you could be within touching distance of a great personal loan.

 

Alright, you’ve convinced me. What do I need to apply through Good People Bad Credit?

 

At Good People Bad Credit, we’re all about giving second chances to those who have been turned away by “traditional” lenders. That’s why we don’t put up walls between our customers and the responsible lenders we associate with.

Our basic criteria that you must meet before we can start trying to find you a lender are simple:

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

Sound pretty straightforward and reasonable? That’s because it is. What’s the point in offering to find lenders of personal loans for bad credit if people with bad credit can’t even apply?

 

What are the costs of personal loans for bad credit?

 

Good People Bad Credit is a lender-finder, not the actual lender. As such, we cannot guarantee what your costs and repayments are going to be. Every lender is different and will have different loan terms. We can give you an example of what the costs may look like, but remember that this is an example only.

 

A small amount unsecured loan, $1000 up to $2,000:

For a small amount credit contract of $1000 – $2,000 you can expect something like this:

  • A 20% establishment fee
  • A 4% monthly fee that will be applied on the anniversary date of your loan every month.
  • Direct debit dishonour fee if you miss a repayment.

 

A medium amount secured loan, $2,001 – $4,600:

The costs of a medium amount secured loan are a little different. You can expect something like the following:

  • An establishment fee of $400
  • An interest rate of 48%* per annum. Keep in mind that the more you pay off your loan, the less interest you will be charged. This is called reducing interest.
  • A direct debit dishonour fee if you miss a repayment

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

 

A large amount secured loan, $5,000 – 15,000:

The costs of a large amount credit contract are again a little different. You can expect something like the following:

  • An interest rate of 21.24%* per annum. Keep in mind that the more you pay off your loan, the less interest you will be charged. This is called reducing interest.

*The maximum comparison rate for interest is 48% per annum. This comparison rate is based on a large amount secured loan and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate

 

Also, just remember, that if you’re interested in applying for one of the larger loans of $2,001 – $15,000, they are secured loans so, you will need to provide a vehicle such as a car, truck, caravan or motorbike that can be used as security.

 

As always, make sure to thoroughly read your loan contract before you sign it. This will allow you to be well informed of all the details relating to your loan. And remember, you are well within your rights to back out any time prior to signing the contract for no extra charge.

 

What makes Good People Bad Credit so good?

 

Good People Bad Credit is better than the competition because we make our customers our priority. That’s why we strive to make our service as fast and easy to use as possible. Here are a few things that make us better than the rest:

  • 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 a few 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 for you! No wasting time searching through page after page of Google results.
  • We fast, really fast – If you apply during business hours we can get straight onto trying to find you a lender who may be able to help.

 

Can people receiving Centrelink apply?

 

Yes, people receiving Centrelink benefits can apply! We get how hard it can be sometimes. Traditional lenders can take one look at your application, see that you receive Centrelink and instantly decline you without really giving you a fair go. We don’t really think that’s very fair. With this in mind, we’re happy to find lenders who are willing to accept applications from people who receive Centrelink! Life is already tough enough. We’re here to make it just a little easier for you.

 

Want to know more before you apply?

 

If you’re still not sure about whether you want to apply through Good People Bad Credit, we totally understand. This is a big decision and you want to be certain before you make it.

 

If it’s more information you’re after, our website is the best place to find it! We’ve answered some of the most common questions we get in our FAQ section. You can also find a step by step guide on how to apply, as well as the costs you can expect from a loan.

 

Can’t find what you’re looking for on our website? We’d love to hear from you so we can solve any issues you have as soon as possible. Either contact us online or send an email to hello@goodpeoplebadcredit.com.au. Our customer service team will be in touch regarding any lender-finding questions you might have.

 

Having bad credit doesn’t have to stop you from accessing your dream, and it certainly doesn’t make you a bad person. When the banks refuse to give you a fair go, head to Good People Bad Credit. We’ll look past your credit history and do our best to find a loan that’s right for you. Apply today!