How do I get approved?

Start the application process
iPhone
Apply online, it’s simple and easy

Submit an application via our 100% online application. This could take you as little as 8 mins 1 to complete. Most applicants have an outcome from their application within 60 minutes2.

applications
Accept your contract & we release your money instantly

Once you digitally sign your contract, we’ll release your money instantly3. Most clients have their money in their bank account and ready to use straight away (even on weekends).

money
Manage your account effortlessly

Through our customer portal, you can manage your loan and repayments with ease. Check balances, make extra repayments and payout your loan early at the click of a button.

iPhone
Apply online, it’s simple and easy

Submit an application via our 100% online application. This could take you as little as 8 mins 1 to complete. Most applicants have an outcome from their application within 60 minutes2.

applications
Accept your contract & we release your money instantly

Once you digitally sign your contract, we’ll release your money instantly3. Most clients have their money in their bank account and ready to use straight away (even on weekends).

money
Manage your account effortlessly

Through our customer portal, you can manage your loan and repayments with ease. Check balances, make extra repayments and payout your loan early at the click of a button.

Bad Credit Loan Details

Loan amount from $5,000 – $15,000
Loan terms 9 – 24 months
Interest rate from 11.42% p.a
Comparison rate from 14.49% p.a.
Type of rate Fixed
Repayment type Weekly, fortnightly or monthly
Average turnaround 60-minutes
Early exit fee $0
Monthly fee $0
Establishment Fee $249 – $990

Don’t let bad credit hold you back any longer.

Jacaranda Finance is an inclusive lender that specialises in fast, simple, and fair personal loans. We are bad credit loan specialists and consider factors other than just your credit history when assessing your application. So, even with bad credit, you could be approved for a loan today!

Hear from others we’ve helped

  • Borrow Up To $15,000
  • Fast Loan Outcomes
  • 60-Second Transfers3
  • Easy Application
  • 100% Online
  • Weekend Loan Approvals

Get Your Cash In 60-Seconds Once Approved3

We’ve helped over 50,000 people get approved!

Am I eligible for a bad credit loan?

  • Be at least 18 years of age

  • Be an Australian citizen or permanent resident

  • Have a consistent income into your bank account for the last 90-days

  • Have an active email address, phone number, and online banking account, in your name, that belongs to you

 

Information you will need to provide:

  • Basic personal information (i.e. full name, address, D.O.B)

  • Online banking details

There are instances where our team may need to request further information or supporting documents from you. Don’t worry, we will let you know exactly what we need and why we need that information from you.

 

Over 4,800 Reviews On Trusted Platforms

Sometimes we offer customers incentives encouraging an honest review be it negative or positive based on their experience. It is possible that some reviews were written by customers who received a reward.

Last updated: 03/05/2022

Super easy and fast system, applying was seamless and money was instant!

Shaan Johari – GOOGLE REVIEW

Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick.

naomie falconer – GOOGLE REVIEW

Brilliant service and quick action during application process the best there can be when it comes to quick loans.

Nathan Ross – GOOGLE REVIEW

It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to my friends and relatives. Thank you very much.

Dianita Miguel – GOOGLE REVIEW

Excellent service once again from Jacaranda. Great improvements to the application process, very easy & efficient.

Jim Mccullough – GOOGLE REVIEW

Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and easy. Thank you.

Brendan Lau88 – GOOGLE REVIEW
 

Common Bad Credit Loan Questions

Want to find out more? Here are some common questions about our bad credit loans.

See all FAQs