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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  a bad credit history! We’re committed to helping people solve their financial problems with a bad credit history and help give them a second chance at finance.

What can I use a Personal Loan for?

  • Home Improvements
  • Vehicle accessories
  • Medical bills
  • Vehicle Repairs
  • Travel
  • Trailers
  • Education Costs
  • Weddings
  • And much more
  • Home Improvements
  • Vehicle accessories
  • Medical bills
  • Vehicle Repairs
  • Travel
  • Trailers
  • Education Costs
  • Weddings
  • And much more

You’re not alone.

We can 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 a loan with bad credit quickly , 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?

Income.

Are you receiving regular income?

Step 2

Borrow.

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

Age.

Are you at least 18 years of age?
Step 2

Credit History.

Defaults on your credit file or discharged from bankruptcy?

Why Finance One? Because we believe in second chances.

Since 2010, Finance One has taken a compassionate and flexible approach to lending to everyday Australians.

We strive to find finance solutions for everyone – even those who have been rejected by the banks. We go above and beyond to help provide smart solutions to your finance problems.

Flexible Loan Repayments

Flexibility

Finance One customers can make extra repayments or increase their repayment amount at any time.

100% Aussie

100% Aussie

With offices in Townsville and Brisbane our team is ready to assist you in finding financial success.

Personal Loan Time

Support

Our dedicated support team will get to know you and provide personalised service.

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 bankstatements.com.au to provide your bank statements); 
  • proof of your income; and 
  • completed application form and privacy statement.