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Bad Credit Loans

Cash loan options for those of us with bad credit

Get a quick estimate for loan
How much cash?


How long for?
Your Loan Summary
Borrowing:
$300
*APR:
728.9%*
Interest:
$7.72
Repayment by:
23.1.2014
In your account by: 06:43am
Total to repay:
$107.72
*Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different rate.

Getting a cash loan in spite of bad credit is possible & easy!

Bad credit is not uncommon these days, you may be also wondering if you can get loans without credit checks.

Bad credit loans are:

Bad Credit Loans: Eligibility

If you have a bad credit and you need a quick fix of cash to meet your urgent requirements, personal loans can be your go-to option. What’s more, to be eligible for fast Viva Payday Loans is fairly easy. You need to:

How Do Bad Credit Loans Work?

One of the foremost reasons why cash loans are sought after by so many people not only in Australia, but around the world, is that they are approved irrespective even if the applicant has bad credit score!

If you have a bad credit, mainstream loan channels like banks or credit channels like credit card companies are unable to service your loan requirements. In such a situation, payday loans or short term loans can be the easiest option that people in need can resort to.

The reasons why loan lenders can afford to disburse cash loan in spite of bad credit of applicants are:

  1. Payday loans are auto-withdrawal loans, meaning that the loan amount will be automatically withdrawn from the recipient’s bank account on the specified due date (payday of the applicant).
  2. Hence, ensuring that the applicant has a source of income is generally good enough from the lenders’ point of view – irrespective of credit score.

Other Loans and Bad Credit

There’s a directly proportional relationship between the spending power of an individual and lending limit assigned to them. This may sound like a paradox, but it’s quite true that those who need the loans most are least qualified to receive them.

Bad credit score simply means that you have a ‘habitual history’ of poor management of your monetary resources. Some of the factors that contribute to this are:

Improving credit score

There are a number of ways to improve one’s credit score. Some of the commonest among them are:

Payday loans

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