Bad Credit Personal Loans Melbourne

Apply For a Loan
bad-credit-personal-loans-hero-image.png
Looking for personalised financing?

Looking for personalised financing?

If you’re looking for personal loans in Melbourne, Australia, look no further than Finance One. Our team of experts are customer-focused and take the time to understand every individual’s situation in life. We strive to offer some of the most flexible Personal Loans in Melbourne — even to those with bad credit history.

  • Loans from 
$5,000 to $25,000**

  • Loan Terms 
from 3 - 4 years

  • Approvals in as 
little as 24 hours*

What can I use a personal loan for?

What can I use a personal loan for?

Whether it’s to pay for a Melbourne wedding, travel, home improvements or anything in between, you can come to us for anything because we believe that a personal loan is just that — personal. We offer bad credit Personal Loans in Melbourne because we know that your history should not be the basis of your ability to repay. 

  • Home Improvements
  • Vehicle Accessories
  • Jet skis
  • Vehicle Repairs
  • Travel
  • Trailers
  • Education Costs
  • Weddings
  • Medical Bills
Can I apply for a Finance One personal loan?

Can I apply for a Finance One personal loan?

At Finance One, we understand that circumstances change and that you deserve a second chance.

  • Income

    Are you receiving regular income?

  • Borrow

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

  • Age

    Are you at least 18 years of age?

  • Credit History

    Defaults on your credit file or discharged from bankruptcy?

Finance One — bad credit Personal Loans Finance One — bad credit Personal Loans

Finance One — Personal Loan providers in Melbourne

No matter what your stumbles were in the past, Finance One is always ready to help you find the most ideal solution for the present. With compassion and innovation behind everything we do, securing personal finance does not have to be a tricky or long process. As an award-winning Personal Loan provider in Melbourne, discover your new financial partner when you get in touch with us today.

And if you have any questions or concerns, simply contact our friendly customer support teams — there’s no finance-related problem too big or too small for us to handle together.

Frequently asked Questions

How long will it take for a loan application to be processed?

If you have provided all of the information required for your application we can have an answer back to you in as little as 24 hours.*

What can I get a personal loan for?

You can get a personal loan for a holiday, travel, weddings, engagement ring, medical and dental expenses, renovations and home improvements, vehicle accessories and repairs, jetskis, boats, mowers, off road bikes and dirt bikes, office equipment, university expenses, back to school expenses.

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

Yes, you can make extra repayments or increase your repayments. This flexibility may help you pay down your loan faster and reduce the total interest paid on your personal loan. However, some of our loans do have an early payout fee. We recommend you review your loan terms or contact us to confirm if an early payout fee applies to your loan.

How can I apply for a What documents do I need to provide when I apply for a personal loan?

The minimum documents we require for an application include:

  • 3 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

  • Completed application form and privacy statement

What will my interest rate be?

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

I have poor credit history or defaults on my credit file, can you help me?

If you have had bad credit, poor credit or defaults listed on your credit file in the past, we may still be able to assist you. Contact us now to see how we may be able to help.

I’ve been discharged from bankruptcy can you help me?

We will consider applicants for a personal loan that have been discharged from bankruptcy for a minimum of 6 months.

What is a bad credit personal loan?

A bad credit personal loan is a loan that provides finance options to people who have had previous poor credit including defaults, previous bankruptcies or Part IX Debt Agreements.

*24 hour approvals are subject to satisfactory documentation being provided to assess the application.
**Secured Personal Loans between $5,000 – $25,000. Unsecured Personal Loans between $5,000 – $15,000.
Normal lending criteria, terms & conditions and fees & charges apply.

Apply for a loan online now

Apply Online Now Contact Us