We know Santa can be a bit tough depending if you have been naughty or nice, but at Fair Go Finance we understand that sometimes we can all be a little naughty with paying bills etc on time.

Now, with Christmas just around the corner, we know there are some Christmas presents needing to be bought, bills to be paid and not to mention all those unexpected Kris Kringles!! For those who have been a little naughty, hoping to get a credit card or personal loan from the traditional banks will generally be met with a not so merry “declined” letter.

So, if you are searching to find a lender in a Santa suit ready to consider giving you a bad credit loan, please consider us!

Here’s exactly what you need – just to hopefully help you get the loan approved faster than those lightning speed reindeers!


You will need an income of at least $400 a week. Make sure it is not solely from either newstart or youth allowance, the aged pension, a disability support pension or austudy, as this is outside our lending guidelines.


You will need to provide us at least 8 weeks worth of your bank statements so we can see your income going in, and use this account for your direct debits if you have your loan approved.


If you own a car and don’t have a loan against it already, it would help strengthen your application if you offer it as security for your new loan. This is not compulsory for loans under $3,000, but anything over and you will.


When looking for a loan, it is really important that you don’t properly “apply” to lots of different places. This is because each time you apply, they will do a credit check on you. Then when another lender does a check, they will see a lot of recent enquiries. No lender likes this and it will unfortunately work against you.


We will need to check that you are employed by who you tell us, so just know that we will need to call your employer to confirm you still work there.  By notifying your Human Resources area that they will be receiving a call can help your loan move a lot quicker!

So please don’t worry if you have been a little naughty…..you can still find a bad credit loan for Christmas with Fair Go Finance….after all, no-one is perfect!!


Need up to $10,000?

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Are you eligible to apply?


It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.

The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.