Bad Credit Loans Australia With Guaranteed Approval | Nifty

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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 Loans Australia Guaranteed Approval

Looking for bad credit loans with guaranteed approval? 

Please note: Nifty does not provide guaranteed personal loans. Each application is subject to assessment.

Can I get bad credit loans Australia guaranteed approval?

If you have bad credit and are looking for guaranteed approval in Australia, you may find it challenging. For many lenders, personal loan applications are subject to a full assessment and credit check. This often involves a thorough analysis of your credit history, spending habits and income. Any provider appearing to offer a guarantee here is unlikely to be truthful as the personal loan industry is highly regulated. 

Do you do Bad credit loans Australia guaranteed approval on Centrelink?

For Australians on Centrelink, approval for a personal loan could be tough. This will be even more so for Centrelink recipients who have a bad credit history. While Nifty does not automatically reject prior Centrelink recipients, one would still need to go through a full application to be assessed. So, is it possible to get guaranteed approval if you have bad credit and on Centrelink? The likely answer is no.

Am I guaranteed to get approved? 

When looking for a cash loan fast, a common search term is the phrase “guaranteed approval”. Common uses for cash loans include car repairs, appliance purchases, car registration fees and others. Like other types of loans, guaranteed approval is unlikely to exist but many Australians are searching for it. Applying for a bad credit cash loan with Nifty is easy, but guaranteed approval is not offered. A full assessment is needed to understand your ability to repay the loan. 

Bad credit loan Australia no matter what

Looking for guaranteed loans, no matter your credit score or history? You may be out of luck. Generally, providers of personal loans are unable to offer guaranteed loans. Australians are searching for personal loans with guarantees ‘no matter what’, however full assessments are required when applying to most providers. 

Is your credit record keeping you from buying the things you need? Do you find yourself continuously putting your plans on hold? For many people, a bad credit history can get in the way of their life decisions and experiences. Fortunately, Nifty could be the financial helping hand you’ve been waiting for. We know heaps of Aussies flock to Google to search for “bad credit loans Australia guaranteed approval”. The good news is that you can stop searching for this and start your application with Nifty! 

We offer quick loans for people with all kinds of credit history – the good, the bad and the ugly. While we can’t offer bad credit loans Australia guaranteed approval for all our applicants, we guarantee our team will do their best to approve your application. At Nifty, we have a different approach to bad credit and aim to look at the bigger picture.

Does Nifty do instant cash loans? 

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! 

What can I use my bad credit loan for? 

Here are some common uses for bad credit loans in Australia:

Car repairs

  • Car broken down and need it repaired? Sometimes it can be challenging to come up with the cash to pay for car repairs. This can be especially frustrating if your daily vehicle is off the road.

Car registration costs

  • It can cost upwards of $500 to register your car each year. This is quite costly and depending on the time of year, can be challenging to pay. Car registration costs are able to be covered with a personal loan and will help you to manage your other expenses.

Rental bond loans for bad credit

  • About to sign a rental agreement and need to pay your bond? This is a common problem for many Australians. Let Nifty help you and apply today to be assessed for one of our fast loans.

Utility bills

  • Just received an electricity or gas bill and don’t quite have the money to pay it? Apply for a personal loan to cover this cash shortfall today.

Mobile bills

  • If you have a mobile or data bill due this month, rather than stressing over how to repay it, it could be worthwhile to consider a small personal loan. 

Refinancing credit card debt

  • Got a few credit cards and unable to settle the repayments? Apply for a consolidation loan to tie all your debts into one easy repayment. Refinancing credit cards is a popular reason for applying for a personal loan in Australia.

Financing home improvements

  • Many Australians choose to perform home renovations using borrowed funds. This allows you to start on the renovation today rather than waiting. 

Paying off medical bills

  • If you’ve just been to the dentist or had surgery or looking to elect for a medical procedure, it may add up to $1000s of dollars. Use a personal loan to cover this expense and apply even if you have bad credit.

Wedding loans

  • Just proposed and now need to organise a wedding? It can be an exciting yet stressful time. Take the worry away from how to fund the wedding and get on with enjoying the good times ahead. Fund your next step with a wedding loan from Nifty.

Bad Credit Loans Australia FAQs

What are bad credit loans?

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.

Can I get a loan with bad credit?

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. 

Can I get a bad credit loan with a 500 credit score?

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.

Do we conduct credit checks?

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.

Can I apply for bad credit loans if I’m on Centrelink?

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.

Am I guaranteed approval for a bad credit 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.

How do I repay my bad credit loan?

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! 

Who is eligible to apply for a bad credit loan?

When applying with us, there are a few eligibility requirements you must meet. Before you apply, make sure that you are:

  • Over 18 years or older;
  • Be an Australian citizen or Permanent Resident;
  • Be receiving a regular income into a personal account for at least 3 months prior to applying;
  • Have an active Australian mobile number and email address;
  • Have internet banking set up.

If you meet this criteria, then you’re eligible to apply for our bad credit loans! 

What information do I need to provide?

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:

  • 100 points of ID (name, D.O.B, etc.)
  • Contact information
  • The reason for your loan
  • Internet banking details
  • Your MyGov account details (if you receive Centrelink benefits)
  • Employment details and employer contact information

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!

How do I apply for bad credit loans? 

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:

Step one: Choose your amount

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. 

Step two: Submit your application

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.’ 

Step two: We’ll assess your application

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. 

Step three: Review and sign your contract

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!

Step four: Get your cash!

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

Ready to apply?

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

Andy Andy


Andrew Bell

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.

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