Looking For Loans For Bad Credit History?

loans for bad credit history

Have you been searching for a reliable lender who could offer you loans for bad credit history? Well, Nifty could have the answer. We do our best to offer fair and reasonable loans for all Australians because our team knows that sometimes life gets in the way and mistakes happen – it’s unavoidable. We don’t think a mark against your credit score 7 years ago should affect your ability to get a personal loan right now, subsequently we take a fresh look at credit. So, if you’ve been thinking about a personal loan we recommend you go ahead and apply. What have you got to lose?

What Are Loans For Bad Credit History

First things first, let’s discuss what bad credit actually is. Bad credit is the result of a mark against your credit score. This can be as a result of a bill that was not paid on time, repayments on a credit card that haven’t been made or defaulting on a loan. Once your credit rating is damaged it takes time to repair.

Bad marks on your credit score can hang around for up to 7 years. At Nifty, we understand that mistakes happen because we are only human. People and circumstances change. Consequently, we have revolutionised the way we look at poor credit. The way we see it, poor credit isn’t the end of the world. We won’t guarantee to approve every single loan. However, we will guarantee you a fair go when it comes to personal loansfor bad credit history.

Nifty Australia

There are so many lenders out there – especially online. So, how do you know who you can and can’t trust? At Nifty, we are the lenders with a difference. We are local. That means we love helping Aussies get the cash they need when they need it. Our team understands what you’re going through. We know that when you’re in a sticky situation there is no time for waiting in a long line or filling our pages and pages of unnecessary paperwork. We do our best to get you a quick outcome on your loan for bad credit history application. If you submit an application during regular AEST business hours then our team could even have an answer for you within 60 minutes. We love convenience and ease and that’s what we want to bring to online lending.

The good news is, when you apply with Nifty, you can rest easy knowing that we are a responsible lender. What does that mean? Basically, we take our lending very seriously and will never loan cash to an applicant who does not have the means to repay it.

We do not want to get our customers into more debt, we want to assist them on the road to financial freedom. That means, we won’t guarantee approval for every single personal loan for a bad credit applicant because we do not want to promise anything that we can not actually provide. If you’re unsure as to whether or not you will be approved our team suggests you go ahead and submit an application. Submitting an application for a loan for bad credit history with Nifty is completely free. So, what have you got to lose?

Loans For No Credit History

Are you wondering whether Nifty could provide no credit score loans? Well, Nifty does not discriminate. Regardless of your credit score, you could submit an application for a personal loan with Nifty. We have revolutionised the way we look at credit. What does that mean? Basically, we look at more than just a number. Our team takes a closer look at what makes up your finances. We look at your spending habits and employment status so we can get a better idea of whether or not you will be able to repay the loan. After all, this is the most important part!

It is important to remember that Nifty does not claim to approve every single loan for bad credit history. We do our best to match our applicants with an appropriate loan product, however, this is not always possible. Our team will always be honest. If we do not believe there is an appropriate match for your personal loans for bad credit history application then we will be honest. We don’t want to waste your time. So, if you’ve been thinking about a personal loan, why not just go ahead and apply! The Nifty team is here to help and you can get in touch whenever you like.

What Size Loan Can I Apply For?

Are you wondering what size loan you could apply for with Nifty? Well, Nifty offers personal loans from $300 to $10,000. Let us explain a little more…

Small Loans With Bad Credit History

Nifty’s short term loans bad credit history are for amounts between the value of $300 and $2,000. The repayment periods on small loans are repaid over a period of 12 months. The Nifty team will arrange for the repayments to be directly debited from your account over this period. As small loans are unsecured, there is no need to attach collateral to your loan application.

Medium Personal Loans For Bad Credit History

Medium personal loans for bad credit history are for cash amounts between $2,001 and $4,600. The repayment period on a medium personal loan is between 13 and 24 months. Repayments for medium loans will be arranged by your loan consultant on a weekly, fortnightly or monthly basis. All loans over the value of $2,000 require security. That means you will need to attach either a car, motorbike, caravan or boat to your medium loan application.

Large Loans For Bad Credit History

The largest amount of cash Nifty can lend is $5,000. This is also required to be repaid over a period of 13 to 24 months by regular direct debit. As large loans are over the value of $2,000, a car, motorbike, caravan or boat will need to be attached as security to the loan application. If you have any questions regarding this process our team is here to help. Simply get in touch!


So, now you know a little more about applying for a loan for bad credit history with Nifty, let us tell you who is eligible:

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


At Nifty, we like to focus on the basics. That means we will never ask you to provide anything unnecessary. Our team knows that when you need cash quickly there is no time for filling out pages and pages of paper forms. We do our best to keep it as simple as possible. So, here’s what you’ll need to provide us with:

  • Personal info (name, D.O.B etc.)
  • Your internet banking details
  • The reason you are applying for a loan
  • Your MyGov details (if you receive Centrelink benefits)
  • Your employment details and employer contact info
  • All applicants must be able to prove they are Australian citizens or permanent residents

Internet Banking Details

Why do we require your internet banking details? That’s a good question. At Nifty, we use your internet banking details to get a better idea of your financial situation. Our team will access read-only copies of your bank statements to take a look at your spending habits, regular payments and income. We like to look at more than just your credit score. Bank statements allow us to take a realistic look at your finances. There is no need to worry, however. Our team uses the latest in safe banking technology. Therefore your information is always encrypted. Your passwords and personal information will never accessible by our team.

Employment Checks

As part of our commitment to responsible lending, Nifty does conduct employment checks. There is no need to stress, however, this is just a part of the assessment process. Our team is highly experienced and trained in conducting employment checks. As a result, we will never disclose any of your personal information or the reason why you are seeking a loan to your employer. If you have any questions regarding employment checks, feel free to get in touch with our team. We are always here to help you!

No Hidden Fees Or Charges

At Nifty, we believe in honesty and transparency. Consequently, we will never hide any of our fees or charges. If your loan for bad credit history is successful, the Nifty team will send you an agreement. In the agreement, all our fees and charges will be clearly outlined. Above all, it is important to make yourself aware of charges that could incur for late or failed payment. Our team is here to assist you. So, if you are unsure regarding anything at all we encourage you to get in touch before signing your agreement.

100% Online

Nifty is proud to be 100% online. That means if you’ve been googling ‘loans for no credit history’, ‘no credit score loans’ or ‘short term loans bad credit history’ then you could apply wherever you are and whenever you like. Since all you need is an internet connection – you could even complete our application form on your smartphone! At Nifty, we are all about convenience. So, if you choose to apply within regular AEST business hours our team could even have an outcome for you within 60 minutes. The entire process from application to approval is completely online. There is no need to enter a branch or fill out any paper forms because our team is all about speed and convenience. We do our best to get you the cash you need when you need it – without the fuss!

Our Customers

At Nifty, we know that without our customers we don’t have a business. As a result, we strive to deliver the best possible customer service at all times. Our team is friendly and down to earth. We understand what it is like to need cash fast. That’s why we don’t mess around. Once you have submitted an application the Nifty team gets straight to work. We do our best to match you with an appropriate loan product. However, if this is not possible, we will be honest and let you know as soon as possible. So, if you’ve been thinking about submitting an application we encourage you to go ahead. It’s completely free of charge to apply. So, what are you waiting for?

Apply Today

If you’re ready to apply for personal loans for bad credit history then follow these easy steps…

Step 1

To get started, simply scroll up and use our loan calculator to enter a loan amount and repayment period. When you’re happy just hit ‘apply now’!

Step 2

Once you’ve selected your loan amount and repayment period you will be directed straight to our 100% online application form. This could only take a few minutes to complete. When you’re done simply hit submit and our team will get started on the assessment.

Step 3

If your application is successful a member of our team will be in touch. We will send over a loan agreement for you to review and sign. The Nifty team recommends you read through your contract once you receive it and make yourself aware of any fees or charges you could incur for late or failed payment. If you have any questions feel free to get in touch!

Step 4

Once we receive your signed contract we will transfer the cash straight to your account. It is important to remember that inter-bank transfer times can affect the speed at which the cash hits your account. However, the Nifty team does do their best to get it to you on the same day!

Nifty Is Your Local Lender

We are proud to be the local lender for Aussies. Have a look at the loans we’ve already approved:

Search Terms – Loans For Bad Credit HistoryAmount AUD ($)Approved
Small Loans With Bad Credit History400
Loans For No Credit History1,600
No Credit Score Loans2,500

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.

Who can apply?

18 Years and Older Can Apply For Loans

You're at least 18 years old

Personal Loans Australia

You're an Australian Citizen or Permanent Resident.

Emergency Cash Loans When Earning an Income For More Than 3 Months

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

Our Money Lenders Will Be In Contact

You have an active mobile number and email address.

How it works

Small Loans

$300 - $2,000

Quick Small Loans - Borrow Money Now
Loan amounts:$300 - $2,000
Terms:3 - 6 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**

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

Medium Loans

$2,001 - $4,600

Medium Loans In An Hour Once Approval Has Been Confirmed
Loan amounts:$2,001 - $4,600
Terms:13 - 24 months
Establishment fee:$400
Monthly Fee:$0
Comparison Rate:65.86%**

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

Large Loans


Get Fast Money Today - Small to Big Cash Loans
Loan amount:$5,000
Terms:13 - 24 months
Establishment fee:Variable
Monthly Fee:$0
Comparison Rate:48%**

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
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.

Who we've helped

Fast Cash Loans Australia With A Good Reputation
Nifty Peronal Loans Customer Reviews



- james


Types of loans