By Stuart | Wednesday, March 22, 2017 Bad Credit

Firstly, what do we mean by the term “bad credit loan“? Well, at Fair Go Finance, a bad credit loan is a personal loan provided to people with bad credit. Because there are many different levels of bad credit, we are not able to help every bad credit customer, but we do specialise in providing bad credit loans to customers with the following types of listings on their credit file.

  • Paid defaults
  • Unpaid defaults
  • Bankruptcy or Part IX debt agreement (where you entered into bankruptcy over 12 months ago.)

If you think you have bad credit, it’s important you understand exactly what is on your credit file before you apply for a loan and speak to the lender to make sure you meet their criteria. You can obtain a free copy from Equifax.

A bad credit loan with Fair Go Finance can be used for things like:

in fact, any legal personal expense!

Why does Fair Go Finance provide bad credit loans?

Fair Go Finance understands that sometimes people hit difficult times throughout their life. Knowing that Banks have very strict policies and prefer clean credit customers, Fair Go Finance realised there were a lot of Aussies who could afford a personal loan, but weren’t getting approved purely because of their bad credit history. Consequently, Fair Go Finance included a bad credit loan into their product offering which allows for certain levels of bad credit. Here is what some of our bad credit customers have said:

  • “Quick, friendly, understanding call staff. You are not made to feel small or unworthy as you can do at banks or other places.”
  • “Fantastic service and genuine Fair Go!”
  • “You gave me a go when no other lender would.”

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

At Fair Go Finance, we use the same easy online application form for all our loans. We suggest you read our tips on how to apply, and then hit the apply button if you would like to go ahead! Our application only takes a few minutes to complete and you will be given an immediate pre-assessment outcome, so there’s no waiting around to see if your conditionally approved. If you currently have bad credit and need a personal loan, we hope this information has been useful and that Fair Go Finance just may be the lender that can help you out.

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.