Loans for Students with Bad Credit


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

Education can open up incredible possibilities for your career but it can be expensive. Finance One knows that studying can cost you money in time, books and supplies, even if you have government assistance to pay your fees.

Student Finance in Australia can make all the difference to keeping your head above water while you are furthering your career.

Finance One offers loans for students that are quick and easy so that you can focus on your education. We can consider your application, even if you have a bad credit history.

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*

What can I use Student Finance for?

Whatever your interest or career path, a loan from Finance One for Students can have you learning in no time. Tertiary, academic, technical, or artistic, Finance One may be able to help cover your education costs. You can use Student Finance for:
  • TAFE
  • University fees
  • Technical colleges
  • Books & equipment needs
  • Apprenticeships
  • And more!
  • TAFE
  • University fees
  • Technical colleges
  • Books and equipment needs
  • Apprenticeships
  • And more!

Can I apply for Finance One Student Financing?


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?

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


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


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

Let us answer your questions.

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

Yes! Finance One can consider loan applicants who want to borrow money for study, whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements.

What could the interest rate be on my Student Finance?

Our interest rates for Personal Loans for study vary depending on your overall credit profile. This includes, but is not limited to, the stability of your employment and residency status, your credit history, your income and your banking conduct.

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

All Finance One customers can make extra repayments or increase their repayment amount at any time. Finance One customers with a Personal Loan for study can pay their loan out at any time without an early payout fee.

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.
Do I need to be an Australian Resident to apply for a loan to pay for my study?
Finance One can consider applicants who are an Australian resident or have a valid Working Visa and can provide sufficient documentation and information to support it.