Personal Loans with Bad Credit in Australia

Bad Credit Personal Loans

Don’t be held back by a bad credit history.
Apply for a Finance One Personal Loan.

We understand that life can be unpredictable, with a Finance One Personal Loan you may not have to miss out – even if you’ve experienced bad credit! We’re committed to helping people solve their financial problems with a bad credit history and help give them a second chance at Finance.

We recognise that on the journey through life, life happens! Hence we take more than your credit history into account so that we are able to offer loans for people with a bad credit history. We want to take the stress out of finance and help make the process as quick and easy as possible.

Normal lending criteria, terms & conditions and fees & charges apply.

You’re not alone.

We will consider your application for a personal loan even if you have been discharged from bankruptcy or have had a poor or bad credit history including defaults on your credit file in the past. If you’re in need of quick loans with bad credit, we can work with you to help you find a solution to your finance needs.

We understand that sometimes bad credit just happens – we get it! We have helped thousands of everyday Australians in similar situations.

Personal Loan Range

Loans from $5,000 to $25,000

Personal Loan Term

Loan Terms from 3 - 4 years

Personal Loan Time

Approvals in as little as 48 hours*

Can I apply for a Finance One Personal Loan?


Are you receiving regular income?

Step 2


Do you want to borrow between $5,000 to $25,000?


Are you at least 18 years of age or older?

Step 2

Credit History.

Defaults on your credit file or discharged from bankruptcy?

Loans with a personal touch!

James Testimonial


"It turns out I had a credit rating problem because of an old credit card debt I didn't even know about, Finance One was the first finance company to give me a chance"

Read more
Ricky Testimonial


"I’d recommend Finance One to anyone because of their flexibility and personal service. They listen to you and help you get what you need without any judgment"

Read more

Apply for a personal loan.

To apply for a loan, you will need some basic details including:
drivers licence details and bank details.

Let us answer your questions.

Can I apply for a personal loan from Finance One if I have a bad credit history?

Yes! Finance One can consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements.

Can I apply for a loan if I receive a pension or Centrelink benefits?

Yes! Finance One can consider applicants who receive Centrelink benefits, eligibility criteria apply.

What could my interest rate be?

Our interest rates can vary depending on your overall profile including, but not limited to, your stability in employment and residency, your credit history, affordability and your banking conduct. 

Can I make extra repayments, increase my repayments or pay my loan out early?

Yes, you can make extra repayments or increase your repayments. For consumer personal loans you are able to pay your loan early as we have no early pay out fees.

What documents do I need to provide when I apply?

The minimum documents we require for an application include: 

  • three months of bank statements (we will provide you with our secure link to to provide your bank statements); 
  • proof of your income; and 
  • completed application form and privacy statement.