Poor Credit Home Loans

Often due to reasons beyond their control, people can get stuck with a bad credit file, making it hard to get loans.  We have options for people with defaults, judgments and bankruptcies on our lending panel.

Each situation is unique; if you are unsure if we can help, please call or use the enquiry form to the right and we will get back to you within 8 working hours.  After-hours and home appointments are welcome.

Australia Icon for Bad CreditAvailable throughout Australia

Clock IconAfter-hours Appointments Available

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You're a star!Market Leading Interest Rates

Frequently Asked Questions

I have unpaid defaults, can I get a loan?

No, you must pay out and defaults prior to getting your loan.  Once you have paid out your default(s), we can look at getting you a loan right away.

 How much do I need for a deposit?

Many people with bad credit can get away with a 5% deposit in Brisbane.  Depending on the severity of your situation, you may be asked for a 20%+ deposit.

What is bad credit?

Bad credit is when you are given a low credit score from credit bureaus such as VEDA.  This can be caused by enquiring for loans too frequently, not making repayments on time or court judgments.

What interest rate am I looking at?

This depends on your situation, your credit file and deposit.  For a rough idea: someone with bad credit and a 40% deposit is probably looking at a rate close to the market average.  Someone with one paid default and 5% deposit is probably looking at about 3% higher than the market rate.  A recently discharged bankrupt is probably looking at 7 – 8% above the market interest rate.

Not sure if you’re eligible?  Contact us now!