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.


Need Short Term Loans No Credit Check?

 

Short term loans no credit check are small personal loans up to $15,000, repaid over a period of up to 24 months. Each loan will have an establishment fee and either monthly fees or interest applied to it, which will be repaid over the life of the loan.

 

Have you ever been in a situation where you need to make an unexpected payment? Perhaps you have had an emergency, or need to finalise some travel expenses. These types of payments can be inconvenient at the best of times. Wondering how you’re going to cover this expense, you think that getting short-term loans no credit check may be the answer.

 

Short term loans no credit check can help you out when no other alternatives seem possible.

 

Let’s take a look at what Good People Bad Credit do and see if getting short term loans no credit check can help

 

What is a short-term loan?

 

Short term loans no credit check are usually small loans that you repay over a short period. Short term loans are usually between $1,000 and $15,000 and can be repaid over a period of up to 24 months. The loan is repaid by setting up a direct debit, which comes out of your account automatically until the loan is fully paid off. You can choose whether the direct debits are weekly, fortnightly or monthly. It is often useful to match them with your pay cycle.

 

What are the basic application criteria?

 

Cause we like to keep this process as stress-free as possible, we’ve made our basic criteria nice and straightforward. For Good People Bad Credit to be able to go about finding you a lender, we need you to match the following basic criteria before we can start our search.

  • Be at least 18 years of age
  • Be an Australian citizen or permanent resident
  • Have access to an active phone number and email address
  • Have been receiving income into a personal bank account for at least the last 90 days

If you match these criteria, then fantastic! Push ahead with your application, and we can get straight on to trying to find you a lender.

 

How do I submit an application to Good People Bad Credit?

 

Applying couldn’t be easier! Our application process is 100% online, and you won’t need to go hunt down any complicated paperwork. Just a few quick minutes and we’ll be able to start finding you a lender.

Step one

To begin, scroll up to the top of this page and have a look at our handy loan calculator. Select the amount that you’re looking to borrow, and for how long and hit Apply Now. This will get your application off to a quick start.

Step two

From here we’ll grab some important details from you such as your name, age, address, email, phone number and also your reason for applying for a loan.

Step three

At this point, we’re going to grab a read-only copy of your bank statements from you, as well as a copy of your benefit statements (if you receive a benefit). We grab these documents so that any lender we find you can start assessing your application stat. Congratulations, your application has been completed and submitted.

 

If we are able to find you a lender you’ll then deal with your lender directly. They’ll go through your loan contract with you if they’re able to approve you.

 

It’s as simple as that. You already have enough stress to deal with, so we’re out to make the process as simple and stress-free as possible for you.

 

What are the fees and repayments on short term loans no credit check?

 

As we’re the lender-finder and not the actual lenders, we cannot guarantee what repayments and fees will be associated with your loan. Every lender is different and as such will have different loan terms. It’s important that if you are approved, that you check your loan contract beforehand to make sure you’re happy with your repayments amounts and fees. We can, however, give you an example of what costs may look like. 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, $5000 – 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.

 

Remember that this is indicative only and that these amounts are not a guarantee of what the actual costs may be. If we do find you a lender who can approve you they will be in touch to discuss repayments terms and any fees they may charge.

 

Do you perform a credit check on cash loans for bad credit?

 

As a lender-finder Good People Bad Credit does not perform credit checks on any applications we receive. While we can find lenders who may offer short term loans no credit check, we cannot make any promises. Any lender that we find may do a credit check as part of reviewing your application. But don’t let this stop you from applying as credit checks are not the only important information that is taken into consideration. We don’t think that credit checks are the only important aspect of your application.

 

This is why we request a read-only copy of your bank statements. We believe that your bank statements provide a good recent snapshot of your finances and are a good indicator of your capacity to repay any loans you may be approved for. If lenders can see that your recent history is going well and you’re meeting your current commitments consistently, they may be able to help you out, despite your previous credit history.

 

So, don’t let the prospect of a credit check stop you from applying. Instead, apply through Good People Bad Credit and let us help find you an understanding lender who won’t judge you solely on your credit history

 

What is a credit check?

 

A credit check refers to when lenders check your credit rating. They may do this as part of responsible lending practices and a thorough assessment. It is so they can see how reliable you have been in paying off bills and using credit in the past. They may use this information as a contributing factor to decide on whether they will lend to you or not.

 

Can I apply for a short-term loan without having a credit check done?

 

The answer is both yes and no! There are lenders out there who may offer no credit check loans. There are also lenders who insist upon conducting credit checks as part of their assessment process. If you apply through Good People Bad Credit we can find you a lender who may do either. But don’t let this stop you from applying, as a credit check doesn’t have to be as scary as you think it is.

 

How to tell if you have bad credit?

 

You may have an idea of what your credit rating is, but you won’t know for sure until you check it. The best way to do that is to visit one of the following websites, and check your score for free: Credit simple, or Get Credit Score.

 

Nevertheless, here is a quick table of some indicators of what your credit score may be:

 

Good Credit Score – above 620Bad Credit Score – below 620
Have been using credit for a long timeHave not been using credit for very long
Have no outstanding debts, or are paying them offHave multiple outstanding debts
Are reliable with paying your billsAre late with paying bills
Keep your credit balances lowHave made multiple credit inquiries
Haven’t made multiple credit inquiriesHave declared bankruptcy or entered a debt agreement

Who can see my bad credit?

 

Your credit rating is considered private information and cannot be released to anyone. In general, your bad credit cannot be seen by anyone but yourself or financial lenders, when you make a credit inquiry with them. These include credit provides, mortgage insurers, trade insurers and financial agents acting on your behalf.

 

What is a credit inquiry?

 

A credit inquiry occurs when you request a financial lender to lend you credit. Legitimate businesses will request to check your credit file when you ask to borrow credit, and this is what a credit inquiry is. Each time a credit inquiry is made about your credit rating, it gets recorded on your credit report. However, as you now know, it is possible to borrow credit by getting short-term loans no credit check from lenders who do not conduct checks.

 

How much can I get with short term loans no credit check?

 

If you submit an application through Good People Bad credit we can find lenders for short term loans no credit check who may lend up to $15,000.  

You can get short term loans no credit check in Australia by applying online. For instance, with Good People Bad Credit you can simply fill out our easy online application form above in just a few minutes. After submitting your application with the required supporting documents, we can try and find you a lender who may be able to help you out.

 

Conclusion

 

Here at Good People Bad Credit, we’re on a mission to make finance easier for those who don’t have that perfect credit score. We can find understanding lenders who won’t instantly judge you on your past but are willing to look to the future. So, if you’re looking for short term loans no credit check we may be able to help. Apply now and get back to what life is really about.

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