Don’t Stress – Bad Credit Loans Are Available!
Are you stressing because you need money in a hurry? Have you recently applied for a loan but it was declined because of poor credit history? Or, are you perhaps worried that it will be hard to get a loan because you’re unemployed and receiving Centrelink benefits? Have you searched high and low for bad credit loans and come up empty-handed?
Stop panicking. You’re in the right place now. Personal Loan Pal can help you find a lender you need right now, even if you have bad credit. If there’s a lender out there who can help you out, we can find them.
Fast and easy application criteria
To be eligible to apply for our quick and convenient service we need a couple of things from you first. You need to make sure you match the following criteria before we can start trying to find you a lender:
- Are over 18 years of age;
- Have a direct contact number;
- Have a regular income going into a personal bank account;
- Are an Australian citizen or permanent resident;
We can help you find a bad credit loans lender, even if you’ve been declined by the bank and other traditional lenders.
That’s because Personal Loan Pal is not a loan provider. We are a lender-finder. We know all the ins and outs of the money lending industry, and we know which loan providers are happy to accept bad credit loans applications!
If you have bad credit or are a Centrelink customer, you can stop worrying about that financial emergency. Apply online today, and say let us see if we can help you out!
How we can find fast cash loans for bad credit lenders
To make things easy for you, we’ve streamlined our process so we can try to find you a lender as quickly as possible.
- You fill in our secure online application form in just minutes;
- We start looking for a lender who may be able to help you out;
- If matched, we pass your details to the lender;
- You kick back and relax while they undertake an assessment on your application.
At Personal Loan Pal, we know our stuff. Our application process is quick and hassle-free. And if you apply during business hours you may have an outcome the same day you applied! How amazing is that?
How Much Do Personal Loans for Bad Credit Cost?
We are not a lender, so we cannot guarantee how much specific bad credit loans will cost. Every lender is different and will have different repayments and costs. So, it will depend on your lender, if we find one for you.
However, can give you a general idea of the types of fees that are involved with different loan categories. These are small personal loans, medium secured easy loans and large secured easy loans. Here’s how each of these types of loans works:
Small Easy Loans
- Loan Amount: Minimum – $200; Maximum – $2,000.
- Repayment Period Terms: Up to 12 Months.
- Costs:Establishment Fee up to 20% of Loan Amount (Charged after signing the loan contract), plus Monthly Fee up to 4%.
Medium Secured Easy Loans
- Loan Amount: Minimum – $2,001; Maximum – $4,600.
- Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
- Costs:$400 Establishment Fee; Annual Percentage Rate (APR) is 48%; Comparison Rate is 67.41% P.A.
Large Secured Easy Loans
- Loan Amount: Minimum – $5,000; Maximum – $5,000.
- Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
- Costs:Annual Percentage Rate (APR) is 21.24%; Maximum Comparison Rate is 48% P.A.
Medium and Large Secured Easy Loans will require a vehicle such as a car, boat, motorbike or caravan to be offered up as security.
A speedy service for almost anything you need!
What’s your emergency? A leaky roof, a massive medical bill, car repairs or a school outing? Maybe payday is too far away, and you need to catch up on your phone bill! Whatever your emergency, we will try and find bad credit loans lenders for your needs.
Personal Loan Pal is your trusted friend in finance. We get that financial emergencies can happen at any time. A declined loan or unpaid utility bill may have affected your credit record, but it shouldn’t mean an automatic no. We understand the stress involved when you need to sort something out in a hurry.
We can help you secure bad credit loans by finding lenders who are happy to accept applications from people with bad credit. And we do it fast.
We can help you find lenders of bad credit loans
Most people don’t give a second thought about their credit history. Until the bank declines their loan application.
Your credit record is seen as a reflection of how trustworthy and reliable you are when it comes to paying back credit. Most times you apply for a loan or credit card, it reflects on your credit record. Miss a payment – whether it’s for your credit card, your cell phone bill or anything else – this can also go on your credit record.
A lot of people may have poor credit without even realising it. A failed loan or utility bill from 2 years back could cause problems when you apply for a loan. Even if your finances are now stable and you can meet all your payments, the history is there.
With Personal Loan Pal, a poor credit history doesn’t mean that you are counted out. We can source bad credit loans lenders based on your current situation, not your past mistakes. You can breathe easy, and start planning how to spend your money!
Apply for A Loan Even If You’re On Centrelink!
Did you think that receiving Centrelink payments would hurt your application? Think again!
We stand firm in our belief that everyone should have equal opportunities to find the finance they need. We don’t turn you away because you are a Centrelink customer, even if you are receiving unemployment benefits. Your Centrelink payments reflect as monthly income – plenty of lenders are happy to accept these!
Bad Credit Loans Australia Guaranteed Approval
Well not totally guaranteed – nothing in life is! But we do everything in our power to try to source bad credit loan lenders that can say “YES”.
We’re pretty clued up here at Personal Loan Pal. Finding a lender is not easy when you have a poor credit history or are unemployed – but we know the just where to start looking.
How high are your chances of loan approval?
Personal Loan Pal are experts in finding lenders of loans for unemployed applicants or those with bad credit. While we can’t offer a 100% guarantee, we’re pretty sure that we can find you a lender who may be able to help.
And the good news is that anyone can apply, so long as you meet the basic criteria before we start trying to find you a lender.
Unemployed or on Centrelink? That’s fine. We can find lenders who accept Centrelink payments (including unemployment benefits) as proof of your income.
For loan amounts over $2,001, just remember that you will need to provide security in the form of a car, motorbike or caravan.
Panicking Can Make It Hard to Get A Loan!
It’s a financial emergency. What’s the first thing you do? Panic! The second thing? Panic some more! Then you begin to frantically search online for bad credit loans.
Soon, things get confusing. You forget how many loans you’ve applied for. You get declined a few times. And things begin to feel more and more hopeless as you fall further down the rabbit hole.
Even though you’re trying to take decisive action, you’re not seeing positive results. It’s like you’re getting nowhere! So you become more stressed.
Does this sound familiar? We all know that stress is not good for your health. But did you know that applying for many loans at once could be bad for your credit record?
Loan applications go on your credit record if the lender conducts a credit check. When you make too many at once with many different providers, it can negatively impact your score. This makes it even more difficult for you to get a loan.
Personal Loan Pal is your friendly lender finder!
Instead of panicking and getting into a mess, let us help you find a lender.
- We’re experts at sourcing lenders of bad credit loans, so you don’t need to worry too much about your credit history;
- You can apply if you are unemployed or receiving Centrelink benefits;
- Fill in one application form instead of heaps of them. If we can find you a lender we will. This way you don’t damage your credit record;
- We know which lenders are happy to receive applications from applicants with bad credit;
- You sit back, relax and stop stressing while we do all the hard work;
- We’re really fast, and if could have your outcome the same day you apply (if you make your application during business hours)
What more could you want? Personal Loan Pal is a convenient, hassle-free and quick lender-finding solution. Work with us, and there’s a good chance of finding a lender that you need today. Even if you’re on Centrelink, are unemployed or have poor credit.
Quick Online Personal Loans for Bad Credit Applicants
There’s nothing like cash flow problems to overwhelm you. When you’re stressed about money, it is hard to think clearly and to get organised. That’s why we’ve made applying through Personal Loan Pal so easy.
We know which lenders can say “YES”
We understand the loan industry and can find lenders who may be able to give you a hand. This is very useful if you have poor credit.
It’s all online
You don’t need to go to the trouble of hunting down and photocopying mountains of paperwork. Fill in the form and go! If we can put you in touch with a loan provider, they may request documentation such as pay slips and bank statements, so have those ready.
Do we have you convinced? Don’t delay – apply for a lender today! Did you know we also find cash loans? Or, for more finance and budgeting tips and tricks on bad credit loans, like our Facebook page or read our blog.