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Bad Credit Loans

 

Do you struggle with bad credit and debt? Have you been refused by the banks and don't know why? 

If you have a bad credit history or are self-employed it can be difficult to get the banks to listen and understand your situation. Bad Credit Loans aims to help people in these situations get their finances back on track. 

BCL connects their customers with the right lenders. These lenders are generally able to provide conditional approval for loans within one working day, and are able to provide settlement within a week*. Using the equity from your home or other property, BCL is able to help a variety of people in different financial situations, for example:

- bad credit or credit defaults (such as bankruptcy and late loan repayments)
- those who have been self-employed for less than two years
- a variety of debts, including credit card debts, and business or tax debts
- PAYG (Pay As You Go) and seeking a low doc loan
- those wanting to secure a loan against a non-standard property type
- irregular or variable income
- irregular or inadequate savings history
- people who have recently arrived in Australia
- anyone needing to borrow up to 95% LVR but want to avoid paying Lender's Mortgage Insurance 

Use the links provided to start your application or please contact us for more information. 

*Conditions apply. One week (5 working days) is the minimum time frame. Depending on the loan type, settlement could take up to 20 working days to complete. 

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