Bad credit loans - because everyone deserves a second chance


We’ve all missed a payment on occasion (or maybe more than once!). But what may have seemed like a minor problem at the time can escalate into a major issue when it comes to getting approval for a loan, no matter how small. If you’ve found yourself in a situation where you need a small cash loan fast, but you’ve been turned down by the banks, it could be due to your low credit score. But before you despair, there may be hope for you yet.

What is a low credit score and how do I know if I have it?

When you apply for a loan, your lender will request a report from Veda, Australia’s largest credit reporting bureau. This report contains information regarding your debts, previous employment, and recorded credit history. The report is then used to estimate your creditworthiness and whether you are a ‘high-risk borrower.’ There are some reasons why your loan was denied, including:

  • Missed payments
  • Credit defaults
  • Previous bankruptcies
  • Part IX debt agreements

The good news is, this mark on your record only stays on your file for up to five years. The bad news is, if you need a loan right now, the possibility of getting approval seems like light years away.

Think you need a bad credit loan? Apply now.

I think I might have a bad credit score – what can I do?

Speak to us now by calling us on [phone]. We may be able to help you by giving you a solution with our short term bad credit loans. Alternatively you can apply for a loan and we’ll contact you with the next steps.

What’s a short term bad credit loan and is it right for me?

If you’ve applied for a loan and been turned down due to bad credit, then this loan might be for you. Simply put, a bad credit loan is a type of fast finance designed specifically for Australians with a bad credit history.

At Club Money, we understand that your credit report doesn’t reveal the full details. As long as you can meet our lending requirements, we can offer bad credit solutions for:

Whether you need additional funds for an emergency situation or want some extra cash for your next vacation, a short term cash loan can help you get out of a seemingly hopeless situation.

How does Club Money offer a different bad credit solution?

We’re a licenced Small Amount Credit Contract (SACC) provider, so there’s no middle man to help you find a small cash loan: you talk directly to us. This means no bank lines or long approval wait times – it’s our hassle-free approach to getting finance for your circumstances. Whether you need $250 or up to $5,000, we’ll assess you and help you as best we can.

And unlike the banks, we don’t fully rely on your credit score to evaluate your application. We’ll look at your entire situation, including your job history, income, spending habits, capacity, and even your character. Most importantly, we’re responsible lenders, so we’ll never give you a loan we know you can’t confidently pay back. We’re all about minimising your financial stress – not adding to it.

Our bad credit loans give you:

  • One month interest-free
  • Flexibility in repayments – choose from 61 days up to 12 months
  • Fast approvals and
  • Fast money transfers

Fast cash loans – how fast?

Applying with us takes just five minutes of your time, and you don’t need extensive documentation. Fill out our online application form, and if you’ve completed it between 9am-5pm on weekdays, you can expect an approval within hours – not days. Once approved, the deposited funds can be into your account by the end of the day. How’s that for efficiency?

Have you been denied elsewhere? We may be able to help.

For more information about what Club Money can do for you, call us on 1300 242 274.