1300 471 328 Apply

s WARNING: Do you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.


Check your options before you borrow:

  • For information about other options for managing bills and debts, call 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
  • If you are on government benefits, ask if you can receive an advance from Centrelink: www.humanservices.gov.au/advancepayments

The Australian Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you.

*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009

Bad Credit Personal Loans with Nifty Finance – Apply now!

How much cash do you want?
How long do you want it for?

We will not conduct a credit check through a credit bureau.

Repayments

Weekly

Fortnightly

Monthly

s WARNING: Do you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.


Check your options before you borrow:

  • For information about other options for managing bills and debts, call 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
  • If you are on government benefits, ask if you can receive an advance from Centrelink: www.humanservices.gov.au/advancepayments

The Australian Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you.

*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009

To be eligible for a Nifty loan you must:

  • receive a regular income which is paid into your bank account for at least 3 months;
  • receive at least $400 per week or $800 per fortnight from an employer or Centrelink;
  • you must not have received a Centrelink Emergency payment within the last 3 months;
  • not be in financial hardship, dealing with a financial councillor or be considering entering any form of bankruptcy;
  • you must show evidence of being able to handle financial commitments on your bank statements (regular payments, direct debits, etc.).

Bad credit personal loans with Nifty Finance – Apply now

When you’re in the market for a small personal loan with bad credit, you’ll find pretty fast that there are a lot of gimmicks out there – from guaranteed approval, to instant decision – our competition will even say that they offer cash into your account instantly.
Stop wasting your time with sales pitches and apply now for up to $2,000 with Nifty Finance!

Why choose Nifty for bad credit personal loans?

At Nifty Personal Loans we have taken the time to figure out what you need when borrowing money:

  • No credit checks for applications under $400;
  • For applications over $400 where we do a credit check, may still offer you a loan if you have bad credit;
  • Fast responses to your application;
  • Ability to discuss your unique situation with real people so that you get the loan that is right for you – right when you need it.

Not only have we figured these out – but better yet, this is what we offer each of our customers on each of their loans.

BAD CREDIT PERSONAL LOANS – NO CREDIT CHECKS ON OUR SMALL LOANS

People don’t mean to get themselves into financial hardship – no one wants to have bad credit and unless you’re hiding a really awesome super power – we assume that humans can’t predict the future on unexpected bills.

Because of this, we think not doing credit checks on our small loans under $400 is just common sense.
Instead, for these loans, Nifty uses the last 90 days of statements and a Centrelink income statement if you have one. That’s it! Importantly, if your recent financial history shows that you can support your loan then we will happily set one up for you!

We can still do loans for people with bad credit – even after a credit check!

A credit check often includes a lot of different information. It may show your credit score, your past defaults, your repayment history, etc and each lender often treats this information differently. This is why we may still be able to do a loan for you, even if we have done a credit check on you and you have bad credit.

Lower costs are a guarantee

At Nifty, we can approve your low cost personal loan even if you have a bad credit history. How you may ask?

Firstly, Nifty Bad Credit Personal Loans does not charge interest. Not on any of our loans. Not for any of our customers. We only charge a fixed fee for the establishment of the loan and a fixed monthly fee for each month the loan is running.

Secondly, we will tell you up front exactly how much your loan will cost. There are no hidden fees and no unexpected charges, even if you choose to pay your loan out early.

You’ll find Nifty’s customer service is second to none.

Fast response to your application

Because your time is precious, Nifty Personal Loans aims to respond to your application within 60 minutes. To help this process, we encourage you to submit your application during business hours 8am to 6pm Monday to Friday and ensure that all the required information is complete and accurate.

Importantly, we may also need to speak to you on the phone or via email to confirm a few details. Make sure you have your phone near you – so that we can reach you easily.

Talk to a person and get the right loan

Nifty Personal Loans is a responsible lender. This simply means that we are committed to approving the small cash loans that is right for you. Even if you are struggling with a bad credit history.

To achieve this, we will look at your information thoroughly and listen to you carefully – there is no silly question or detail that is too small.

We offer bad credit personal loans of $100-$2,000 that can be repaid over 3-6 months – so we have the capacity to tailor a loan that is exactly perfect.

Quite frankly you should not have to accept anything less.

Let’s do this!

So if you’re looking for a bad credit unsecured personal loan with fast approval, through a finance lender you can trust, get on to Nifty Personal Loans. We’ll look after you.

TO QUALIFY FOR A NIFTY PERSONAL LOAN – YOU ARE:

At least 18 years of age.

An Australian Citizen or Permanent Resident.

A recipient of a regular income into a personal bank account.

Receiving at least $400 per week or $800 per fortnight from an employer or Centrelink.

HERE'S HOW OUR SMALL PERSONAL LOANS WORK

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Loan Amounts: Minimum $100 to Maximum $2,000.
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Costs: Up to 20% Establishment Fee charged upfront plus a monthly fee up to 4%. Under the current legislation Nifty Personal Loans does not charge an annual interest rate. You may know this as Annual Percentage Rate or APR(%). For more information about the allowable fees and charges for SACCs visit the MoneySmart website.
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Terms: Minimum 9 weeks to Maximum 24 weeks.
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Example: Loan Amount of $500 over 10 weeks repayable weekly $500 (Principle Amount)+ $100 (20% Establishment Fee) + $60 (fees based on 4% per month over 10 weeks) = $660 total repayable in 10 weekly installments of $66.

HERE'S HOW OUR MEDIUM PERSONAL LOANS WORK (Product launch in late 2017)

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Loan Amounts: Minimum $2001 to Maximum $4,000.
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Costs: Up to $400 Establishment Fee charged upfront. Annual Percentage Rate (APR): 47.6158% with a comparison rate of 65.6597% p.a. This comparison rate is based on our Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee. For more information about the allowable fees and charges for MACCs visit the MoneySmart website.
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Terms: Minimum 12 months to Maximum 18 months.
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Example: Loan Amount of $2,500 over 18 months repayable weekly $2,500 (Principle Amount)+ $400 (Establishment Fee) + $1183 (other fees) = $4,083 total repayable over 18 months with weekly installments of $52.84.

How customers rate Nifty’s Bad Credit Personal Loans?

bcpl Overall rating: 5 out of 5 based on 4 reviews.

Best Bad Credit Personal Loans

★★★★★
5 5 1
This is a good loan if you are short on cash for the short term.

Great Customer Service

★★★★★
5 5 1
I had bad credit history, still the loan was fairly easy to get and helped me out.

Fast Approval

★★★★★
5 5 1
Excellent service. Fast approval. Thank you.

Easy application process

★★★★★
5 5 1
Really easy & fast application. Very happy with the process & service. Very informative.
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bad credit personal loans