*During normal business hours.
Please note: Nifty does not provide guaranteed personal loans. Each application is subject to assessment.
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 a credit check. This often involves a thorough analysis of your credit history, spending habits and income. If a lender claims to offer guaranteed approval, it’s recommended to proceed with caution.
Here at Nifty Loans, we provide personal loans to people with bad credit. We conduct credit checks as we are committed to following the responsible lending obligations, but it’s not the only thing we look at. Find out if you qualify for one of our quick loans below.
When looking for a fast cash loan, a common search term is the phrase ‘guaranteed approval.’ 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.
Looking for a bad credit loan, with guaranteed approval no matter what your financial situation is? 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 with most providers.
For many people, a bad credit history can get in the way of their life decisions and experiences. Nifty can look past your credit score when assessing your application. We offer quick loans for people with all kinds of credit scores. While we can’t offer bad credit loans to all our applicants, we guarantee our team will do their best to approve your application.
It depends on what your definition of instant cash loans is. Nifty can offer instant transfers to approved applicants. This means if you’ve been approved for a personal loan, you could have the cash transferred to your account within 60 seconds.*
Nifty doesn’t provide instant approval loans. 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, we aim to deliver applicants a decision in 60 minutes.*
Here are some common uses for bad credit loans in Australia:
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. 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. 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. We’ve helped thousands of Aussies get back on their feet and we could do the same for you.
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. We partner with bank statement service, Credfin, to help us do this.
I’m on Centrelink, can I get a bad credit loan?
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.
How do I repay my bad credit loan?
Paying back your bad credit loan is effortless with our high-tech repayment system. Our repayments work by setting up a direct debit so that your repayments will come out of your account automatically. We’ll align your repayment with your pay cycle, to ensure you’ll have enough money in your account.
When applying with us, there are a few eligibility requirements you must meet. Before you apply, make sure that you:
Our application is straightforward, quick and 100% online! That means no unnecessary documents and paper forms. You just need to fill out a few important personal and financial details, such as:
To start your application, scroll up to the top of this page to use our loan calculator. Using the slider, select your loan amount and click ‘Apply Now.’ Fill out our 100% online application form and submit the relevant documents. Once you’re done, hit ‘Submit.’
Once we’ve received your application, our team of loan specialists will get to work assessing it.
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.
Finally, as soon as our team receives your signed contract, we’ll transfer your cash. You could have the cash in your account in just 60 seconds*.
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 right 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. Otherwise, click here to start 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.