Bad Credit Loans

Don’t let your poor credit history stop you from getting a personal loan. Jacaranda Finance specialises in Bad Credit Loans.

Bad Credit Loans

Don’t let your poor credit history stop you from getting a personal loan. Jacaranda Finance specialises in Bad Credit Loans.

Tick100% Online
TickSimple and Easy Application
TickQuick Loan Outcomes
TickInstant Transfers
TickBad Credit OK

Any credit score

How much do you need to borrow?

$5,000

279 people have applied today

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Our customer rating

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Need a loan, but a bad credit score holding you back?

If you have a bad credit history, but you’re in need of a personal loan, you have come to the right place. Jacaranda Finance is an inclusive online lender that specialises in delivering reliable, convenient and simple personal loans. We consider other factors than just your credit history, so you could be approved for a loan, even with bad credit.

What can I use a bad credit loan for?

Whether you need to urgently repair your car, have expensive medical bills or an unexpected bill out of nowhere; a bad credit loan can be used to cover these expenses and more. We offer flexible personal loans from $300 to $10,000 for everyday Aussies, anywhere, any time. Need a loan on the weekend? No problem, we are open. You could have your loan approved in less than 60-minutes*.

Need a loan, but a bad credit score holding you back?

If you have a bad credit history, but you’re in need of a personal loan, you have come to the right place. Jacaranda Finance is an inclusive online lender that specialises in delivering reliable, convenient and simple personal loans. We consider other factors than just your credit history, so you could be approved for a loan, even with bad credit.

What can I use a bad credit loan for?

Whether you need to urgently repair your car, have expensive medical bills or an unexpected bill out of nowhere; a bad credit loan can be used to cover these expenses and more. We offer flexible personal loans from $300 to $10,000 for everyday Aussies, anywhere, any time. Need a loan on the weekend? No problem, we are open. You could have your loan approved in less than 60-minutes*.

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Get your cash in 60 seconds once approved*

Get a quote

3 types of bad credit loans

Loan Type Security Options Loan Amount Loan Term
Small Loan Unsecured $300 to $2,000 12 months
Medium Loan Secured $2,100 to $4,600 13 to 24 months
Large Loan Secured $5,000 to $10,000 13 to 24 months

How Jacaranda’s bad credit loans work

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Our tech

We've won numerous awards for our state-of-the-art technology. We have created one of Australia's smartest, 100% online application processes to make applying for a loan quick and easy. We use technology to understand your personal financial position, and we don't just judge your credit score, which is why we're able to help more customers that apply with us.

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Our speed

The 100% online application can be completed in minutes, and will ask you questions about your personal situation as well as automatically request access to read-only copies of your bank statements. 90% of applications have an outcome at the end of the process. The rest of the applicants typically have an outcome within 60-minutes during normal business hours.

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Australian based and family owned

All of our teams are based in Australia to help Australians. We have one of the best customer service reputations in Australia, which is backed up by our reviews on every review platform. We're almost 10 years old and we've been family owned since the beginning. We value good old-fashioned values and we are committed to giving our customers the best experience possible.

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60-second payouts

For most clients who have NPP-enabled bank accounts (which is 90% of bank accounts), the funds will be available and ready to use in your bank account within 60-seconds of accepting your contract. If you do not have an NPP-enabled bank, you will receive your funds overnight on the day you are approved.

Reviews don’t lie 🌟

Reviews current as of June, 2021.

Am I eligible for a loan?

To qualify for a loan with Jacaranda you must:

  • Be over 18 years of age
  • Be an Australian citizen or permanent resident
  • Have received a regular income (for the last 90-days)
  • Have internet banking set up
  • Hold a direct contact number and email address

What information do I need to provide?

To apply online with Jacaranda, we will need these from you:

  • Personal details (i.e. Name, Address, DOB)
  • Your phone number and email address
  • The reason for your loan
  • Online banking and employment info

Frequently asked questions

Loan purposes

You can spend your loan on just about anything. If you haven’t yet decided on how you plan to use your loan, we’ve listed a few ideas:

How to be approved for a bad credit loan

Personal loans for bad credit are simple and easy from Jacaranda Finance. We believe that people with bad credit should have the same access to finance as a person with good credit. Don’t let a bad credit score hold you back any longer - apply with Jacaranda Finance!

Use our online application

If you’re ready to apply for a loan, Jacaranda Finance is ready to help you. Apply in three simple steps:

  1. Apply online;
  2. Get your quick outcome, and;
  3. Receive your cash.

Have your supporting documents ready

So that we can process your loan as fast as possible, it might be helpful to have all of your supporting documents ready when you apply. We need to receive all of this information from you before we can process your application. This information will include:

  • Your basic personal information;
  • 100 points of identification;
  • The reason for your loan;
  • Your online banking login details;

Sign your contract

We can only transfer your funds once we receive your signed contract. We’re fast, so make sure you have your phone available to sign your electronic contract when it comes through to your email.

Be available if our team needs more information

We might need more information from you to process your application. In order to get the fastest outcome, please make sure you’re available to supply any additional information we may ask for.

A lender you can trust

Jacaranda Finance is the online lender giving Aussies a fair go. We believe in honesty and transparency. We don’t hide our fees and charges. So, you can rest easy knowing you’re in safe hands. The best part is you can apply 100% online without the stress of pages and pages of unnecessary paperwork. Our online application form could only take you a few short minutes to complete. You can apply wherever you are and whenever you like. Jacaranda is built for Aussie borrowers on the go!

At Jacaranda Finance, we take a fresh approach to assessing bad credit loan applications. Our team understands that people and circumstances change. Why should you be judged on a mistake you made up to 7 years ago! If our team can see you have made a considerable effort to reconcile bad credit then you could be eligible for a bad credit rating loan. The best part is an application with Jacaranda is free of charge. That means we’ll assess your application and get back to you with a speedy outcome, without any initial fees.

Contact us

If you have a question about our bad credit loans, you can get in touch with our friendly and helpful customer service team. To speak to someone directly, you can give us a call on 1300 189 829 between 8 am to 6 pm Monday to Friday. If you have a query outside of these times – simply send the team an email to apply@jfloans.com.au.