Bad Credit

bad-credit

Having bad credit doesn’t mean the end of your financial life. Whether you are eligible for a loan depends on the type and amount of bad credit you have.

To help you know whether to apply or not, we have created the guide below. Please read this before applying.

It is worth applying for an unsecured loan if your bad credit is limited to:

  • No more than 1 default to a finance company or bank and it is paid off
  • No more than 2 small unpaid defaults to any other company

It is worth applying for a secured loan if your bad credit is limited to:

  • Having 1 default that you are paying off to a finance company or bank
  • Having more than two small unpaid defaults to any other company
  • Apply if you own a car or a home

Unfortunately we cannot help if you are:

  • Currently under bankruptcy
  • Currently under a No Asset Procedure

Find out what you can get using our handy loan calculator