Bad Credit Loans Australia Guaranteed Approval | Nifty Loans

No fuss.
Just nifty loans.

Get your cash within 60 seconds of approval*

Apply now for:

Fast Personal Loan

up to $5,000


Car Loan

for cars over $10,000

Personal Loan

Car Loan

I want to borrow $1,000

For loans over $5,000 we recommend utilising your car as security.

Paid back over 9Months

Estimated repayments:

Your data is secure

Comodo Logo

Trusted by

Trusted Site Logo

Our customer rating

Google Reviews

ⓘ Loan Disclaimer

Fast Personal Loans

  • Smart and quick application form, which can be completed in minutes
  • 70% of applicants receive an outcome instantly
  • For applications that do not receive instant outcome, most receive a final outcome within 60 minutes!*

*During normal business hours.

Bad Credit Loans in Australia with Guaranteed Approval – Real or Not?

Please note: Nifty does not provide guaranteed personal loans. Each application is subject to assessment.

Do any lenders offer ‘bad credit loans with guaranteed approval’?

If you have bad credit and are looking for guaranteed approval in Australia, you may find it challenging. For many lenders, personal loan applications are subject to a full assessment and a credit check. This often involves a thorough analysis of your credit history, spending habits and income. If a lender claims to offer guaranteed approval, it’s recommended to proceed with caution. 

Here at Nifty Loans, we provide personal loans to people with bad credit. We conduct credit checks as we are committed to following the responsible lending obligations, but it’s not the only thing we look at. Find out if you qualify for one of our quick loans below. 

Am I guaranteed to get approved? 

When looking for a fast cash loan, a common search term is the phrase ‘guaranteed approval.’ Like other types of loans, guaranteed approval is unlikely to exist but many Australians are searching for it. Applying for a bad credit cash loan with Nifty is easy, but guaranteed approval is not offered. 

Can you get a bad credit loan no matter what?

Looking for a bad credit loan, with guaranteed approval no matter what your financial situation is? Generally, providers of personal loans are unable to offer guaranteed loans. Australians are searching for personal loans with guarantees ‘no matter what’; however, full assessments are required when applying with most providers. 

For many people, a bad credit history can get in the way of their life decisions and experiences. Nifty can look past your credit score when assessing your application. We offer quick loans for people with all kinds of credit scores. While we can’t offer bad credit loans to all our applicants, we guarantee our team will do their best to approve your application.

Does Nifty do instant cash loans? 

It depends on what your definition of instant cash loans is. Nifty can offer instant transfers to approved applicants. This means if you’ve been approved for a personal loan, you could have the cash transferred to your account within 60 seconds.* 

Nifty doesn’t provide instant approval loans. This is because we are required by law to conduct an assessment on all eligible applicants. Though we cannot instantly approve you for a loan, we aim to deliver applicants a decision in 60 minutes.* 

What can I use my loan for? 

Here are some common uses for bad credit loans in Australia:

  • Car repairs
  • Car registration costs
  • Rental bond loans for bad credit
  • Utility bills
  • Mobile bills
  • Refinancing credit card debt
  • Financing home improvements
  • Paying off medical bills
  • Wedding loans

Bad Credit Loans Australia FAQs

What are bad credit loans?

A bad credit loan is essentially a personal loan for people who have a bad credit score or history. A credit score helps lenders determine whether someone will be able to repay a loan. Generally, those with a low credit score are considered higher-risk borrowers and may find it difficult to be approved for a personal loan by traditional lenders.

Can I get a loan with bad credit?

If you have a bad credit score or history, we understand it can be challenging to get a personal loan approved by traditional lenders. What makes Nifty stand out is our open-minded approach to bad credit. We don’t believe that your credit score tells us your entire story. We’ve helped thousands of Aussies get back on their feet and we could do the same for you. 

Do we conduct credit checks?

We do conduct credit checks on applications. However, your credit score isn’t the only thing we are concerned with. Our team also examines your current relationship with money. That’s why we ask for your internet banking details, so we can pull read-only copies of your bank statements. We partner with bank statement service, Credfin, to help us do this. 

I’m on Centrelink, can I get a bad credit loan? 

At Nifty, we believe you shouldn’t be penalised for being on Centrelink. We consider Centrelink as a regular source of income. If your loan repayments will comfortably fit with your Centrelink income, you could stand every chance of being considered for approval. 

How do I repay my bad credit loan?

Paying back your bad credit loan is effortless with our high-tech repayment system. Our repayments work by setting up a direct debit so that your repayments will come out of your account automatically. We’ll align your repayment with your pay cycle, to ensure you’ll have enough money in your account.

Who is eligible?

When applying with us, there are a few eligibility requirements you must meet. Before you apply, make sure that you:

  • Are over 18 years or older;
  • Are an Australian citizen or Permanent Resident;
  • Are receiving a regular income into a personal account for at least 3 months prior to applying;
  • Have an active Australian mobile number and email address;
  • Have internet banking set up.

What information do I need to provide?

Our application is straightforward, quick and 100% online! That means no unnecessary documents and paper forms. You just need to fill out a few important personal and financial details, such as:

  • 100 points of ID (name, D.O.B, etc.)
  • Contact information
  • The reason for your loan
  • Internet banking details
  • Your MyGov account details (if you receive Centrelink benefits)
  • Employment details and employer contact information

How do I apply for bad credit loans? 

Step one: Apply online

To start your application, scroll up to the top of this page to use our loan calculator. Using the slider, select your loan amount and click ‘Apply Now.’ Fill out our 100% online application form and submit the relevant documents. Once you’re done, hit ‘Submit.’ 

Step two: We’ll assess your application

Once we’ve received your application, our team of loan specialists will get to work assessing it. 

Step three: Review and sign your contract

If the Nifty team has been able to match you with a bad credit loan, congratulations! We’ll then send you an electronic copy of your contract for you to review and sign.

Step four: Get your cash

Finally, as soon as our team receives your signed contract, we’ll transfer your cash. You could have the cash in your account in just 60 seconds*. 

Ready to apply?

We’re hoping you now have all the information you need to make an informed decision about whether or not a bad credit loan is right for you. If you still have more questions about ‘bad credit loans Australia guaranteed approval’, check out our FAQ page or send us a message. Otherwise, click here to start your application.

Apply Now

Andy Andy


Andrew Bell

Since founding Nifty in 2016, Bell has continued to make waves within the local financial sector for his continued ambition and willingness to adopt emerging technologies.

Read More

Loan Costs

Large Loans

Large Loan Example

$5,000 - $10,000

Loan amount:
9 - 24 months
Establishment fee:
Monthly Fee:
Comparison Rate:
View Example
Loan amounts:
18 months, (78 weekly repayments)
Establishment fee and Total Interest:
Total payable:
Weekly installments:
View Loan Details

Medium Loans

Medium Loan Example

$2,001 - $4,600

Loan amounts:
$2,001 - $4,600
9 - 24 months
Establishment fee:
Monthly Fee:
Comparison Rate:
View Example
Loan amounts:
24 Months, (104 weekly repayments)
Establishment fee:
Total other fees:
$1,609.44 (reducing interest)
Total payable:
Weekly installments:
View Loan Details

Small Loans

Small Loan Example

$500 - $2,000

Loan amounts:
$500 - $2,000
12 months
Establishment fee:
Monthly Fee:
N / A *
Comparison Rate:
View Example
Loan amount:
12 Months, (52 weekly repayments
Establishment fee:
Total other fees:
Total payable:
Weekly installments:
View Loan Details

* Not applicable. Small loans do not charge an annual interest rate.

** 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.