*During normal business hours.
It depends on what your definition of instant cash loans is. Nifty can offer instant transfer loans to approved applicants. This means if you’ve been approved for a personal loan, you could have the cash transferred to you account within 60 seconds.*
Nifty doesn’t provide instant approval loans, however. 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, you could get your outcome in just 60 minutes! We know you don’t have time to waste when borrowing money, so we’ve developed one of the fastest loan services in the country!
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. Lenders look at your credit score and history to determine the risk of approving your application for a personal 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.
If you have a bad credit score or history, we understand it can be challenging to get a personal loan approved by traditional lenders, such as banks or credit unions. 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 or should affect your future. We’ve helped thousands of Aussies get back on their feet and we could do the same for you.
Yes! When you apply for bad credit loans through Nifty, our only requirement is that you hold a credit score of over 300. While we can’t guarantee we will be able to successfully match you to a loan, we can assure you that we will give a fair and just assessment of your application.
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. Don’t let the fact that we conduct credit checks deter you from applying. We believe in second chances and that’s why we accept all eligible Aussies, even if they have bad credit.
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.
Our team will assess your application and do their best to match you with a loan that suits your financial situation. Keep in mind that this doesn’t mean you’re guaranteed to get a loan.
Nifty assesses applications fairly based on each individual’s personal situation. However, as responsible lenders, we cannot offer guaranteed approval for bad credit loans. Don’t fret! When you’re looking for bad credit loans guaranteed approval, you’re probably looking for a lender who understands that life doesn’t always go to plan. Rest assured, we will never approve anyone for a loan they cannot afford to repay.
Repaying your bad credit loan couldn’t be simpler. Our repayments work by setting up a direct debit, so that your repayments will come out of your account automatically. We will ask you to select a day to deduct repayments. They can be set up to come out of your account on a weekly, fortnightly or monthly basis – it is entirely up to you.
Typically, we’ll align your repayments with your pay cycle. Selecting the right payment structure ensures that you always have enough money in your account. So, as long as you have enough cash in your account to cover the payments, they will just come out automatically. No need to set reminders only to forget to make the payment. Just make sure you don’t spend your entire paycheck the moment you get paid!
When applying with us, there are a few eligibility requirements you must meet. Before you apply, make sure that you are:
If you meet this criteria, then you’re eligible to apply for our bad credit loans!
Our application is super simple and quick! That means no unnecessary documents and paper forms. You just need to fill out a few important personal and financial details, such as:
Having these details handy will help you breeze through your application. Leave the legwork to us, and complete your quick loans application in just a few minutes!
Although we can’t offer bad credit loans Australia guaranteed approval, we can try to help you with the bad credit part. All loan approvals are subject to a fair assessment of each individual application. However, we like to look at the bigger picture. Check out these steps below to find out how to apply:
To start your application, scroll up to the top of this page to use our loan calculator. Using the slider, select how much you wish to borrow. You will need to consider how long you would like to take to pay back your loan. Once you’re happy with your loan terms, click the Apply button.
You’ll then be taken to our 100% online application form. Fill out the required fields and submit the relevant documents. Once you’re done hit ‘Submit.’
That’s it from you! We’ll take over from here. Once we’ve received your application, our team of loan specialists will get to work assessing it. In other words, just sit back and relax while we assess your application.
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. We recommend reading the terms and conditions thoroughly to make yourself aware of any fees and charges for late or missed payments. When you’re happy, e-sign it!
Finally, as soon as our team receives your signed contract, we’ll transfer your cash. If your bank is NPP or Osko enabled, you could have the cash in your account in just 60 seconds. Of course, this is all provided your contract is signed before the close of business
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 the right thing 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, here.
Otherwise, go ahead and scroll to the top of this page to get started with your application!Apply Now
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
$5,000 - $10,000
$2,001 - $4,600
$300 - $2,000
* 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.