Bad Credit Loans – Cash Loans for People with Bad Credit


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When you apply for a bad credit personal loan with Fair Go Finance, we understand you’ve had a few financial hiccups that have meant your credit report isn’t too great and you’ve possibly found it hard to get a personal loan from anywhere else.


What is a bad credit loan?

A bad credit loan, or a loan for poor credit, is a personal loan for people who may not have a great credit score. There are many reasons for an impaired credit score, including defaults, debt agreements or bankruptcy.

We want you to know that we’re not here to judge your past, so if you want to rebuild your credit history and are looking for a loan between $500 and $10,000, we’re here to help you with a loan that suits your circumstances.

  • How do I know if I have bad credit?

    Have you had trouble getting a personal loan from a bank or credit union?  Do you feel like no one is willing to lend you cash?  It could be that your credit rating has taken a hit. There are several reasons why your credit score may not be up to par including missed bill payments, defaulting on a loan or forgetting credit card repayments.

    However, there are still options available to you: a bad credit loan, or poor credit loan, is designed to assist those who may have had trouble borrowing in the past because of their credit history.  If this sounds like you, apply for a bad credit loan with Fair Go Finance and let us help you go forward to a brighter financial future.

    Top tip: Be proactive and find out your credit score before you apply for a loan. Paul Walshe (also known as ‘Walshy’), is Fair Go Finance’s CEO and talks about how to find out your credit score in this video blog.

  • Why should I get a bad credit loan with Fair Go Finance?

    If you have bad credit and need a loan, Fair Go Finance want to help you. Here’s why Fair Go Finance is one of Australia’s favourite bad credit lender.

    Best value loans for people with bad credit

    Our best value bad credit loans are competitively priced; you will not find a better value small loan with any lender in Australia. We also have great loyalty discounts for our existing customers, so each time you get a small loan with us it will be cheaper than anywhere else.

    30 minute funding

    At Fair Go Finance we know that when you need a loan, you need it fast. Not only is our application form simple to ensure that quickest processing of you loan, once your loan is approved, we will transfer the funds to you within 30 minutes.

    Great Australian customer service

    We have a team of friendly Customer Solutions Consultants who want to hear your story and help you Go Forward to a stronger credit score and ultimately a better financial future.

    If we can’t help you with a loan straight away, we’ll be supportive and educate you on how to improve your loan chances next time. Helping you with an online bad credit loan the first time is our hope, so why not see how much your repayments could be by using our loan slider.


    If you’re looking for a bad credit lender, you have come to the right place; you’re definitely heading in the right direction to go forward and improve your credit worthiness. Can we help every bad credit customer in Australia?  Unfortunately, there are times we can’t.  That’s why, if we can’t help straight away, we’ll be supportive and educate you on how to improve your loan chances for next time.   Helping you with an online loan the first time is our hope, so why not see how much your repayments could be by using our loan slider above?

  • How do I apply for a poor credit loan with Fair Go Finance?

    Apply for a bad credit loan 100% online – no need to visit a bank during office hours or print documents, you can do it from the comfort of your home or even on the go!

    Simply follow these three easy steps:

    • Use our easy slider tool to choose your loan amount and term
    • Submit your 90-day bank statement using our secure Bank Statements tool
    • Once you’re conditionally approved, use an SMS code to accept the offer – no signing required!

    From there, we will deposit your bad credit loan straight into your bank account.

  • What can I use a bad credit loan for?

    A personal loan can help with things such as:

    • Purchasing items like furniture and electrical goods
    • To pay outstanding fines or defaults on your credit report
    • Car repairs and motor vehicle expenses
    • To clear other debts like a credit card or store card balance
  • How did I get a poor credit score?

    There are several ways that your credit score could take a hit and be classed as poor. Do you have any of the following listed on your credit report? We may be able to help, subject to our policies and guidelines.

    • Paid defaults
    • Unpaid defaults
    • Bankruptcy or Part IX
    • Debt Agreement (You must have entered bankruptcy over 12 months ago.)


    Top tip: Have you applied to several different lenders? Each time you do this, it can add an enquiry on your credit file which makes it harder to get a loan approved.

    We recommend that you do your research before applying for any bad credit loans. We’re more than happy to talk to you about your credit file before you apply so you know where you stand – give us a call on 1300 FAIR GO or use our live chat!

  • How can I fix my bad credit rating?

    It can take some time and effort to repair your credit file but we assure you it is worthwhile. In order to repair your credit history, you’ll need to demonstrate that you’re able to borrow and repay responsibly.

    The first step would be to get a copy of your credit report – this can be done through Equifax (formerly Veda Advantage).

    For more tips on improving your credit file, check out our blog “How a bad credit loan can get your credit report back in order”.

    Moving? Protect your credit report with these tips!

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.