Do you have a bad credit history?

Our Bad Credit Loan is designed for you.

Because it’s hard for you to get a loan from a bank or other financial institution, a Bad Credit Loan from us can help improve your credit profile.

What is a bad credit history?

It means that you have defaulted on loans in the past.

A default usually refers to an outstanding bill left unpaid for more than 60 days.

A bad credit history can include one or more of these:

  • Paid default
  • Unpaid default
  • Part IX Debt Agreement
  • Current Bankruptcy or Ex-Bankruptcy.

Too many enquiries by lenders on your credit profile can make a bad credit history worse.

The major banks place strict limits on the number and frequency of recent credit enquiries.

You deserve a second chance. Everyone does.

A small default should not ruin your entire credit record.

Getting a Bad Credit Loan

We’re more understanding than banks.

We welcome customers with a bad credit history.

Apply for a loan from us and improve your credit profile.

To complete our simple online application form, click Apply.

To talk privately with someone who understands your needs, ring 0800 835 356

The sooner you contact us, the sooner we can help you

What we Need

To process and approve your loan we need:

  • Your personal details
  • A Bank Statement

Gathering this information can be time consuming for you so we use safe, secure technology to help you.

We’ll access your information only with your permission and with our highest security.

Over time, we’ll learn to trust each other and you’ll improve your credit history.

And that means you’ll be able to borrow more money when you need it.

Repaying your Loan

We set things up so you can make repayments in step with your pay cycle.

We’ll match repayments with your capacity to repay.

We’ll send you a repayment reminder before and on Payday.

On Payday we’ll set up direct debits to your account.

If you think you can’t make a repayment on Payday, contact our Support Team.

Our job is to help you in advance to make your repayments predictable and painless.

If a repayment is late, you may need to pay additional fees but we tell you about this upfront.

Remember: You can apply for another loan as soon as you pay off your current loan.

After we’ve helped you once, applying for another loan is fast and easy because your information is already on file. Simply re-apply online through our client portal or call us.

Over time, we’ll learn to trust each other and you’ll improve your credit history.

And that means you’ll be able to borrow more money when you need it.

More about Bad Credit Loans

Is this you?

  • You’ve recently become unemployed
  • The bank has foreclosed on your home
  • You’ve suffered bankruptcy
  • You’ve suffered another type of financial crisis.

If so, your credit file will show a bad history that restricts your ability to borrow.

It’s difficult to feel positive in these circumstances but we can help you.

We can show you how to improve your credit history and make yourself more eligible for a loan.

This can be a slow process. The disadvantages you’ve suffered (defaults, bankruptcy, foreclosure) can cause you to lose confidence and become unwilling to apply for a loan.

A bad credit history greatly reduces your chances of buying or refinancing a property.

Lenders will see you as a high risk and charge interest rates that we consider unnecessarily punishing.

The process is costly, causes you worry and concern, and ultimately proves worthless.

Our Specialised Bad Credit Loan

We specialise in Bad Credit Loans that will provide you with cash for any acceptable purpose.

Our specialised Bad Credit Loan does not consider a bad credit history as a limitation.

This type of loan caters for people whose credit history has unlimited defaults and arrears, yet the loan offers competitive interest rates for our industry.

Normally with these limitations you will struggle to get finance in today’s market, but we offer you a solution.

Are these your circumstances?

  • On WINZ Benefit
  • Employed less than 3 months
  • Self employed
  • Self employed but unable to unable to provide recent financial statements
  • A bad credit history with mortgage arrears
  • You live on a rural property
  • Other circumstances preventing you from borrowing.

You can regard our Bad Credit Loan as the first step in succeeding again in dealing with a major bank or lending institution. At that point the interest rates may be even lower.

This could happen within 6 months.

Take advantage of our experience.


Here are our fees:

  • $24 Account set up fee (first Time clients only)
  • $64 Establishment fee
  • 1% interest charged daily on balance outstanding
  • Optional – Same day deposit fee $12
  • Change of Payment fee $10

If you miss a scheduled payment by direct debit we need to charge you a $13 direct debit dishonour fee, unless you’ve made a prior arrangement with us.

If you contact us to make an alternative arrangement, there is a $10 Change of payment fee

If you miss a payment we will try and contact you by phone, text and email.

Note: We don’t charge a default interest rate.

If your account remains in arrears after 60 days, we may refer you to an external debt collect and as a result you may incur additional fees.

To complete our simple online application form, click Apply.

If you don’t want to apply online, please call us on 0800 835 356 to speak to one of our friendly staff.

The sooner you contact us, the sooner we can help you.