Bad Credit? No Worries! Apply for Bad Credit Loans with Nifty Loans!

bad credit loans

Bad credit loans up to $5,000! Affordable repayments structured over a tailor-made term. What are you waiting for? Apply now!

What’s all the fuss about bad credit loans?

Clearly, loans for poor credit are considered bad because the big banks, certain Government bodies, and public opinion-makers say they’re bad. So, that must be true, right?

These few thousand people who are against bad credit loans aren’t paying any attention to the 988,000 people who relied on these cash loans in Australia over 2014-2015. At the end of the day, who would you believe? The stigma-makers or the genuine Aussie battlers?

Some people are not given access to mainstream lenders. Something has happened in their lives which led to a hiccup on their credit file. Maybe a Telco bill couldn’t be paid because they lost their job and needed a few months breathing space. Usually, something small like that will result in a default listing on their credit history. Then the banks don’t want to know about your application. Mind you, if you only want to borrow a small amount like $400, they may not want your business anyway.

Did the big banks knock you back?

The banks make it impossible for you to deal with them if you have what they perceive to be a ‘bad’ credit file. You’d think they would be able to help applicants start repairing their credit file by taking out loans of $2,000 or less, but they don’t. That’s where Nifty Loans comes in!

The stigma around small amount lenders is all about their charges. The perception is that the interest or fees charged are ludicrous, and for some, they may well be. What the bad press around bad credit loans fails to pick up is that loans can be structured to give you breathing room when making your repayments. You’re also welcome to pay off your loan early at no extra cost. Well, this is true for Nifty Loans, anyway.

What about no credit check loans?

At Nifty Loans, unfortunately, we don’t offer no credit check loans. You’ve heard all about why we offer personal loans for poor credit, so if you’re not sure about your credit score you can still apply with Nifty Loans. We look at more than just your credit score, however, as part of our responsible lending practices, we believe a credit check plays a role in assessing your application. So, even though we cannot provide no credit check loans, you’re welcome to apply and our team will do their best to help.

What will short term bad credit loans cost you?

The small amount personal credit industry is still alive despite what the newspapers say, and it’s helping Aussies like you and I every day. Contrary to what you may have read, the short-term lending space is actually highly regulated by ASIC.

The National Consumer Credit Protection Act limits the fees that can be charged on a small amount credit contract cash advance loan (20% establishment fee and 4% monthly fee thereafter).

At Nifty Loans, applications are assessed on merit. When it comes to processing loans, we use automated computer analysis to make sure we don’t miss a thing. Coupling these ‘smarts’ with a human element is what gives us an edge. We won’t simply decline an application from someone with a default listing on their credit history. We’ll look a bit deeper into your circumstances. We’ll understand that a small telco or utility default does not automatically mean you are a poor credit risk. To us, these aren’t loans for bad credit at all. Of course, that does not mean we will approve any and all loan applications we receive! It just means we are not judging you adversely based purely on your credit history.

The whole point of small amount loans is to act as your financial safety net if a sudden expense catches you short. To get a better idea of how much our personal loans cost, just head to our homepage to use our personal loan calculator.

Can I get a bad credit personal loan on Centrelink?

If you ask any Aussie about people receiving Government assistance, they’ll no doubt have an opinion and perception of what a Centrelink client is – some good, some bad. Seemingly, people on Centrelink often live on a tight budget and can find it hard to save for rainy-day occurrences. We want to offer these clients a helping hand when they are caught short with an unexpected expense. That’s why Nifty accepts most Centrelink benefits, even if they account for your entire income.

Short-term lending is emerging into the world of accessible, small finance. A place where you can apply for credit from the comfort of your home or on the go. And you could sort out our unexpected bills overnight. That’s Nifty, so scroll and apply today.

If you need a loan for a small amount, we can offer Bad Credit Personal Loans. With affordable repayments structured over a tailor-made term, we are here for you. Nifty values your situation.

How do you know if you have a bad credit rating?

Before you consider applying for bad credit personal loans, it’s worth checking that your credit score is, in fact, bad.

If you’ve noticed an increase in calls from debt agencies, been unpaid, received more official notices, overdue bills or credit card defaults, then you could have a bad credit rating.

If you’re still not sure if you have a bad credit rating, it is best to find out through an official service like:

Equifax, Canstar, Creditsavvy, Get Credit Score

What is a bad credit loan?

Bad credit loans are as simple as their name; small to large sized personal loans for those with bad credit. When you’re faced with an unexpected bill, emergency expense or unforeseen cash flow problem, bad credit is the last thing you need to deal with. Whilst we do credit checks, we are able to look at your current relationship with money, too. If you see a lender offering no credit check loans, make sure you check that they’re a responsible lender and have your best interests in mind.

What are the causes of bad credit?

There are a few things that can contribute to a bad credit rating. If you suspect that you may have a bad credit score, see if you can find the source of the default listed on your rating. Once you’ve figured it out you can work towards paying it off and improving your score.

Making late payments or paying nothing at all will be recorded. Things like credit cards, utility bills, store accounts and other loans count here.

Showing that you have no intention of paying your balances is a serious offense. It’s always a good idea, to be honest with your creditors. In some circumstances, you’ll be able to make a payment plan or arrangement with them. While an unpaid judgment is worse than a paid one, a paid judgment is still bad as you would have been forced to pay your debt by a court.

Filing for bankruptcy or foreclosure is perhaps the most damaging to any credit score. Although they’re often the last resort for people in financial turmoil, they do stay on your record for a long time.

It’s good to know that you can still get small loans with bad credit. Just make sure you meet the minimum requirements and, even if it’s personal loans for those on Centrelink with bad credit that you’re after, you could get your cash loan quickly.

Make sure:

  • You are at least 18 years of age
  • Have an Australian Citizen or Permanent Resident
  • Must have a personal contact number

How can I borrow money with bad credit?

An unexpected answer to some, but a simple one, nonetheless. Cash loans for bad credit.

Small loans with bad credit are quick and painless to apply for! Fill in our application form our team will aim to have an answer within 60 minutes (during business hours). How? We’re able to take a more lenient approach and, whilst we do credit check, we are able to look at your current relationship with money, too. As a responsible lender, we always do a proper assessment of your situation to make sure that you can comfortably afford to make your loan repayments. Ready to find out if you qualify for a bad credit loan? Scroll up and apply now!

How long does information stay on my credit report?

Ever wondered how long defaults stay on your record? You’ll want to work on around 6-7 years from the date of the first missed payment. In Australia, minor infringements stay on your record for around 5 years! Bankruptcies can stay on your record for around 10 years, with the accounts that were a part of the bankruptcy remaining on your record for about 7 years.

If you can provide evidence of having the defaults listed on your account as a mistake, or show that insufficient effort went into contacting you or sending your notices to you, you may be able to have defaults removed from our record.

It would be a good idea to work with a debt consolidation or credit repair firm to rectify your credit score.

How can I improve my credit score (fast)?

While you’ll likely be able to get small loans with bad credit, it’s a good idea to work on improving your credit score. Improving your credit score as soon as possible can allow you to apply for future loans easily. Bad times shouldn’t last forever, and neither should bad credit.

The first step is to know your credit score. There are several companies that can help you find out exactly what your score is and where you’ve defaulted.

Once you know where you’ve defaulted, see if you can find a way to catch up on your payments. You could come up with a payment plan with the creditor, or offer to pay it off slowly in a few payments. While defaults will stay on your credit history for a long time, it can still be better to have the word ‘paid’ next to them.

You could improve your credit score by paying your bills on time. If you’re serious about fixing your credit rating, you may need to make a few sacrifices for a while. Take a hard look at your current expenses and see what you can cut out. It’ll be hard, but so worth it in the long run.

Although it may sound contradictory, see if you can avoid closing credit card accounts. It’s important to have a long credit history so pay it up, and use it sparingly. Funny that something that could be the root of the problem could be the answer to improving your score, isn’t it?

Why don’t we offer no credit check loans?

As part of our lending policy, we don’t provide no credit check loans. We conduct a credit check on every application. That doesn’t mean we don’t accept bad credit. We simply conduct credit checks because we believe it’s apart of responsible lending practices. We believe credit checks do play a role in assessing an application, but for us, it’s not the most important. However, as part of our responsible lending practices, we don’t approve an application if we believe the applicant cannot afford their repayments. We care about our clients and don’t want to see a loan sink them into financial hardship. As a result, we don’t provide no credit check loans, however, if you have bad credit, don’t let that deter you from applying.

If you’re looking for no credit check loans, you’re probably worried about your credit score. At Nifty Loans, we welcome all Aussies to apply with Nifty, no matter your credit score. We may not provide no credit check loans, but we do provide loans for those with bad credit. So, don’t let a less-than-perfect credit score stop you from applying for the cash you need.

Unsecured personal loans bad credit instant decision – what’s this all about?

While there is no guaranteed approval on every bad credit loan application, we’re all about giving you the fair shot you need. There’s no cost for applying, and no obligation to accept the loan. It’ll take just 60 minutes for us to review your application and provide an answer during business hours. For bad credit cash loans, we will do a credit check, but we’ll look at your current relationship with money, too. If your past really is in the past, you should be all good. Don’t believe us? Apply now and you could get your bad credit loan in your account on the same day.

What’s the story with personal loans for bad credit?

When it comes to bad credit loans Australia, it can be hard to know what exactly to look for and which lender to choose. We get it. You may be googling payday loans no credit check, cash loans no credit check, or fast cash loans no credit check with a coffee in hand and get no closer to finding the 5000 loan no credit check you need. At Nifty Loans, we skip all that nonsense lingo, because we know looking to borrow small loans for bad credit can leave you deflated.

On your hunt for instant cash loans you will come across a myriad of options without credit checks; small loans no credit check, personal loans no credit check Australia, no credit check, and no credit check loans Australia. Some even promise instant decisions; no credit check loans instant decision or quick loans no credit check same day. Tempted to apply? Hear us out first. At Nifty Loans, we do conduct credit checks, however, we look at more than just your credit score. We may not offer easy loans no credit check or fast loans no credit check, however, we certainly offer you easy and fast loans for bad credit and a fair go at receiving approval.

So, whether you’re looking for bad credit loans, or even payday loans Centrelink no credit check or Centrelink loans no credit check, give Nifty a go and we promise our team will give you a fair go at finding the loan that’s right for you.

Who can apply?


You're at least 18 years old


You're an Australian Citizen or Permanent Resident.

Hand holding up 3 fingers

You've been receiving a regular income into a personal bank account for at least 3 months.

Email address @

You have an active mobile number and email address.

How it works

Small Loans

$300 - $2,000

small potplant
Loan amounts:$300 - $2,000
Terms:3 - 6 months
Establishment fee:20%
Monthly Fee:4%
*Max Comparison Rate:199.43%

Small Loan Example

Loan amount:$1,000
Terms:12 Months,
(50 weekly repayments)
Establishment fee:$200
Total other fees:$240
Total payable:$1,440
Weekly installments:$33.60

Medium Loans

$2,001 - $4,600

medium potplant
Loan amounts:$2,001 - $4,600
Terms:13 - 24 months
Establishment fee:$400
*Max Comparison Rate:67.41%

Medium Loan Example

Loan amount:$3,000
Terms:18 Months,
(78 weekly repayments)
Establishment fee:$400
Total other fees:$1,379.06 (reducing interest)
Total payable:$4,779.06
Weekly installments:$61.27

Large Loans


large potplant
Loan amount:$5,000
Terms:13 - 24 months
*Max Comparison Rate:48%

Large Loan Example

Loan amount:$5,000
Term:18 months,
(78 weekly repayments)
Establishment fee:$400
Total Interest:$2,027.80
Total payable:$7,027.80
Weekly installments:$90.10
*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. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.

Who we've helped

Bad Credit? No Worries! Apply for Bad Credit Loans with Nifty Loans! Overall rating: 4.8 out of 5 based on 30 reviews.

Who we've helped

Bad Credit? No Worries! Apply for Bad Credit Loans with Nifty Loans! Overall rating: 4.8 out of 5 based on 46 reviews.
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"This worked out very well for me, and i appreciate the help. Very easy to pay back and happy to use this company again and recommend to other users. Thank you."

- Steph


How customers rate Nifty's Personal Loans

Bad Credit? No Worries! Apply for Bad Credit Loans with Nifty Loans! Overall rating: 4.6 out of 5 based on 232 reviews.

Types of loans