Bad Credit Unsecured Personal Loans | $300 - $5,000 | Apply Today!

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.

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

*Only available for NPP enabled bank accounts

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

*Only available for NPP enabled bank accounts

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 Unsecured Personal Loans

Have you been looking for a reliable lender? Maybe you’ve been googling ‘bad credit unsecured personal loans with very fast approval’, ‘unsecured personal loans bad credit’ or ‘unsecured personal loans bad credit instant decision’? If so, then you probably already know how tricky it can be to choose a lender.

bad credit unsecured personal loans

Don’t gamble it. Nifty isn’t like other lenders – we won’t promise you anything that we can’t deliver. What does that mean? Well, basically what you see is what you get. We are 100% transparent, our team is always here to answer your questions and settle any queries. So, don’t hesitate to get in touch.

What Are Personal Unsecured Loans For People With Bad Credit?

Wondering what a personal unsecured loan for people with bad credit actually is? Well, let us put it simply. An unsecured loan does not have any collateral against it. That means a car, motorbike, caravan or boat does not need to be attached to an unsecured personal loan application in case you default on your payments.

At Nifty, we do our best to give all Aussies a fair go at a loan. That’s why we may be able to offer unsecured loans to people with poor credit. Although we may offer these loans, that is not to say approval is guaranteed for every applicant. We do conduct credit checks as a part of the assessment process, however, our team will take a realistic look at the whole picture.

Why Choose Nifty?

If you’ve ever typed the words ‘quick unsecured personal loans bad credit’ or ‘unsecured personal loans bad credit direct lenders’ into google, then you probably already know how many results will come back. There are a multitude of different lenders out there who all promise to provide the loan of your dreams. The question is, how many of them can actually help?

If it sounds too good to be true, it probably is! Other lenders might claim to provide ‘unsecured personal loans bad credit no credit check’ or ‘bad credit personal unsecured loans guaranteed’, but of this you should be cautious. Credit checks are not required by law for assessment but they are a good way for lenders to determine whether a loan is suitable for an applicant or not. This ensures both the lender and consumer are protected.

At Nifty, we don’t make empty promises. We will never claim ‘no credit checks’ or ‘guaranteed approval’ because it is simply untrue. Our team is committed to responsible lending. We will conduct a credit check – Nifty wants to encourage healthy financial habits.

However, our team understands that bad credit can linger for up to 7 years – we know a lot can change in that time period. That’s why we look deeper. If we can see you have the means to pay back the loan and have made an effort to correct bad credit, then we may be able to match you with an appropriate loan product. Our mission is to give all Aussies a fair go at a loan – that is something we can guarantee!

Who Is Eligible?

Are you wondering who can actually apply for a loan with Nifty? Well, basically anyone. We are on a mission to make a fair and reasonable loan accessible for all Aussies. So, if you meet the following criteria you could scroll up and apply right now:

  • You must have an active mobile number and email address;
  • You must be aged 18 or older;
  • A regular income must have been deposited into your own personal bank account for the last three months;
  • You must have internet banking set up;
  • You must be able to prove you are an Australian citizen or permanent resident.

Required Documentation

Unsure as to what documents you will be asked to provide in your loan application? As previously mentioned, we like to keep things simple. Our online loan application form could only take a matter of minutes to complete. So, this is what you’ll need with you when you apply:

  • Personal info (name, D.O.B etc.);
  • 100 points of identification;
  • Internet banking details;
  • We will need to know the reason you are applying for a loan;
  • Your MyGov details (if you receive Centrelink benefits);
  • Employment details and employer contact info;
  • Proof that you are an Australian citizen or permanent resident.

Depending on your situation, you may be asked for further documents, but most applicants will only be asked for the information above. Pretty simple, isn’t it! Remember, we are always here to help. So, if you need assistance with your application, why not get in touch!

Online Banking Details

You’re probably thinking, ‘Why does Nifty need my online banking details’? Well, let us explain. We won’t actually view your real bank account. Our lending team will only view read-only copies of your bank statements. Why do we look at these? We want to get a better understanding of your financial situation. Bank statements give us a realistic insight into spending habits, regular deposits and transactions as well as income. This means our team can look beyond your credit score. Worried about security? You can rest easy in the knowledge that Nifty uses the very latest in safe banking technology to ensure your information is always encrypted. That means no one will ever be able to see your personal information or passwords.

Do Nifty Conduct Employment Checks?

The simple answer is sometimes. Our lending team may conduct an employment check during the loan assessment process if we are having trouble verifying your employment. As previously mentioned, we are committed to responsible lending. There is no need to worry though, our team is highly trained and experienced in contacting employers. We place extremely high importance on your privacy. That means we will never disclose your personal information or the reason why you are applying for a loan to your employer.

Instant transfers

Bad credit doesn’t have to hold you back, and neither do drawn-out processing times! Thanks to instant banking technology, our fast outcomes have never been faster. If you’re approved for an unsecured personal loan with Nifty, the funds could be in your account and ready to use in just 60 seconds! Only banks with NPP-enabled payments are eligible, so search for your institution here to see if you would qualify. If you can’t find your bank or financial institution, then transfer times will differ based on their processing requirements. For an idea of when you might receive your money, consult your bank directly.

Focus On You

At Nifty, we are all about you. We don’t exist without our customers. That is why we are committed to helping all Aussies find the right loan product. Whether you’ve been searching for ‘bad credit unsecured personal loans’, ‘unsecured personal loans bad credit history’, or ‘quick unsecured personal loans bad credit’ – Nifty could be the lender for the job.

Our team is friendly and helpful. We understand that every financial situation is different. That’s why we personally take the time to carefully assess every application. We will never encourage irresponsible financial habits or lending. So, you can rest easy knowing that Nifty will never lend you an amount of money that we do not believe you can repay.

Our mission is to help you get back on your feet. Our team is always here to help – so, get in touch now if you want to know more. Alternatively, you can scroll up and apply now!

Apply Now

Ready to submit an application? The good news is, it’s super simple and 100% online! So, here’s how you do it:

Step 1:

To get started, scroll up and use the loan calculator to select an amount and repayment period for your loan. Once you’re happy, simply hit ‘apply now.’

Step 2:

If you’ve chosen to ‘apply now’, you will be directed straight to our 100% online application form. This could only take a few minutes to complete! If you apply during regular AEST business hours, our team could even get back to you within 60 minutes with an outcome. How quick is that!

Step 3:

If your application has been successful, our team will be in touch. We will send over a loan agreement for you to read and sign. Nifty recommends you read this agreement carefully and make yourself aware of any possible fees and charges you could incur for late or failed payment.

Step 4:

Once we’ve received your signed contract, the funds will be transferred straight to your account. It is important to remember that bank transfer times do vary. However, we will do our best to get the cash to you on the same day!

We Work For You!

At Nifty, we work for you! What does that mean? We love helping Aussies get the cash they need without the hassle. Take a look for yourself…

Search TermAmountApproved
Quick Unsecured Personal Loans Bad CreditAUD ($)900
Unsecured Personal Loans Bad CreditAUD ($)1,250
Unsecured Personal Loans Bad Credit Instant DescisionAUD ($)1,500

Disclaimer: The above examples are for demonstrative purposes only. They do not, in any way, reflect the terms of your possible loan, or the amount you may be approved for.

So, if you’re looking for the best unsecured personal loans for bad credit, then Nifty could be the guy for the job! We do our best to give all Aussies a fair go at a bad credit unsecured personal loan. So, what are you waiting for? Scroll up and start your application now!

Not Sure Where To Get A Loan? Nifty Could Help You Access the Personal Finance You Need.

Bad Credit Unsecured Personal Loans

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Loan Costs

Large Loans

Large Loans

$5,000

Loan amount:$5,000
Terms:9 - 24 months
Establishment fee:Variable
Monthly Fee:$0
APR:21.24%
Comparison Rate:48%**
View Example

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Establishment fee and Total Interest:$1,897.54
Total payable:$6,897.54
Weekly installments:$88.43
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts:$2,001 - $4,600
Terms:9 - 24 months
Establishment fee:$400
Monthly Fee:$0
APR:47.8%
Comparison Rate:65.86%**
View Example

Medium Loan Example

Loan amount:$2,500
Terms:24 Months,
(104 weekly repayments)
Establishment fee:$400
Total other fees:$1,609.44 (reducing interest)
Total payable:$4,509.44
Weekly installments:$43.36
View Loan Details
Small Loans

Small Loans

$300 - $2,000

Loan amounts:$300 - $2,000
Terms:6 - 9 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**
View Example

Small Loan Example

Loan amount:$1,000
Terms:6 Months,
(24 weekly repayments)
Establishment fee:$200
Total other fees:$240
Total payable:$1,440
Weekly installments:$60.00
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.

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts:$300 - $2,000
Terms:6 - 9 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**
View Example

Small Loan Example

Loan amount:$1,000
Terms:6 Months,
(24 weekly repayments)
Establishment fee:$200
Total other fees:$240
Total payable:$1,440
Weekly installments:$60.00
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts:$2,001 - $4,600
Terms:9 - 24 months
Establishment fee:$400
Monthly Fee:$0
APR:47.8%
Comparison Rate:65.86%**
View Example

Medium Loan Example

Loan amount:$2,500
Terms:24 Months,
(104 weekly repayments)
Establishment fee:$400
Total other fees:$1,609.44 (reducing interest)
Total payable:$4,509.44
Weekly installments:$43.36
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount:$5,000
Terms:9 - 24 months
Establishment fee:Variable
Monthly Fee:$0
APR:21.24%
Comparison Rate:48%**
View Example

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Establishment fee and Total Interest:$1,897.54
Total payable:$6,897.54
Weekly installments:$88.43

* 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.