No Credit Check Loans Guaranteed Australia | What You Need to Know

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.*

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*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.*

Tell me more!

*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.

Can You Get No Credit Check Loans Guaranteed in Australia? Find out now!

If you’ve been searching for ‘no credit check loans guaranteed Australia’ then you’re probably in need of some quick cash. Having a bad credit score can really hinder your chances of getting approved for a loan, especially with traditional lenders like banks. Yet, online lenders like Nifty are changing the game. Sound too good to be true? Keep reading to see how we could help you access bad credit loans today!

o credit check loans guaranteed australia

What are no credit check loans? 

When lenders assess your application for finance they look at a number of factors to determine whether a loan is right for you. Your credit score is one of the most important factors because it’s an indicator of your credit risk. As the term ‘no credit check’ suggests, these types of loans enable you to borrow money without your credit report being checked. Instead, lenders generally check your bank statements to get an idea of your current financial situation. 

Some reasons why you might be looking for a no credit check loan include:

  • You have a bad credit history or none at all.
  • You need instant cash to accommodate an emergency expense, such as a necessary medical treatment, home repair, etc.

Can I get a loan without a credit check?

Yes, some lenders may be able to provide you with finance without looking at your credit score based on other factors. When applying for a no credit check loan, borrowers can expect certain things. The main things a lender will check are your:

  • Employment status
  • Bank account
  • Income details
  • Financial history 

Ultimately, you must prove that you earn a regular income and can repay the loan adequately.

At Nifty Loans, we do conduct credit checks as part of our assessment process. Yet, your credit score isn’t all we look at! We’ll also consider a range of other factors when determining your eligibility for a loan with us. So, don’t let bad credit stop you from applying as we may be able to provide you with the finance you’re looking for.

Are there any guaranteed loans for bad credit?

It is important to note that ‘no credit check loans’ are different from bad credit loans. In the latter, the lender performs a credit check, but that’s not the only assessment criteria. Bad credit lenders may charge a higher interest rate than they would on their other loans. Yet, interest rates are often lower on bad credit loans than they are on no credit check loans, depending on the loan amount. 

Ultimately, while some lenders claim to offer no credit check loans, it’s best to be wary of any that promise no credit check loans guaranteed in Australia. Most lenders in Australia are required to do an assessment before providing approval for a loan, so if you have been guaranteed approval, it might pay to be cautious. A ‘no credit check loan’ may seem like a good option for fast cash but there are also certain risks involved. It’s important you do your research before accepting a loan agreement with any lender.

Types of loans with no credit check

Small personal loans

An increasing number of people in Australia are borrowing small amount personal loans. These loans are often unsecured and with a $2,000 credit limit. The loan term can range anywhere between 16 days to 12 months, depending on the lender. 

While we’ll always conduct a credit check, at Nifty we can provide small personal loans of up to $2,000 to borrowers with bad credit. 

Secured loans

A secured personal loan is where you agree to give one of your valuables, such as your car or home, as collateral for your loan. This means that in the event you fail to repay your loan, the lender can seize and sell this asset for cash. As a result, you can often borrow more with a secured loan.

It may be harder to find a secured loan without a credit check. As always, make sure you do your thorough research before applying for such a loan.

Unsecured loans

On the flipside of secured loans, unsecured loans are lent without taking any security as collateral. Though some lenders don’t conduct a check on your credit history, they will still assess your ability to meet repayments. Since unsecured loans involve a higher risk of monetary losses for lenders, the interest rates are also likely to be higher.

Are no credit check loans safe?

There are risks involved with any finance option and no credit check loans are no different. At Nifty, we are not financial advisers. Ultimately, it is up to you to determine whether or not a form of finance may be right for you. Consequently, we encourage you to do plenty of research before you even apply for a loan. If you are still unsure, then consider seeking professional assistance from a financial adviser. 

For more information, check out the MoneySmart website

Which loan company is best for bad credit?

In Australia, there are many financial institutes, mostly private, that offer loans even if you have bad credit. To decide which is the best company for you will depend on many factors, so you should always do your own research and if needed contact an independent financial adviser. Some things to ask a financial adviser about include:

Loan TermEarly Payout Fees
Loan AmountGuarantor Required
Interest and FeesProcessing Times
Security RequiredOther Terms and Conditions

If you decide Nifty may be the best option for your situation, then fantastic! At Nifty, we can provide fast personal loans to meet a wide range of situations – even if you have bad credit! So, if you’ve been searching for ‘no credit check loans guaranteed Australia’ we may be able to provide the fast finance you need. So scroll up and fill out an application and we will do our best to help.

Nifty loans for all purposes

Nifty is one of the leading personal loan providers in Australia offering fast loans without the hassle. Our process is 100% online, meaning an application could take you just minutes to complete. Better still, we look beyond a bad credit score when assessing applications. So, we could approve you for a loan even with a poor credit history!

Whether you’re applying for travel loans, relocation loans or loans for bad credit – your best route is to apply and let us see if we can help.

Scroll up now to start your application and we could have an outcome for you in just 60 minutes!*
*Subject to when you submit your application

We don’t stop there

No matter what the occasion is, Nifty has your back.

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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.