There will be no situation worse than the one when you are in urgent need of a loan due to a personal financial situation, and the bank refuses to give you a loan due to poor credit rating. With a bad credit score, it is nearly impossible to get a loan through traditional banking channels. If you are going through financial difficulties a bank loan is the only option that can help you manage your expenses. However, your situation may deteriorate further if you are denied a loan by the bank. In such adverse circumstances, bad credit loans come as a last resort to rescue you.
What Are Bad Credit Loans?
Bad credit loans can be provided to people who have poor credit scores to meet their emergency expenses. It also helps people with low-credit scores to improve their ratings.
iWantPayday is a well-known brand in Australia offering various types of loans such as quick cash loans, bad credit loans, cigno loans, etc. People with bad credit history can get loans up to $10,000 without any collateral or guarantor. The fast loan processing and quick approval make us stand out from our rivals, while the interest rates offered by us are the lowest in the industry.
Avail a Variety of Bad Credit Loans
Being an established name in the loan industry, iWantPayday offers various types of bad credit loans such as:
No Guarantor Loans
For people with low credit scores, it is nearly impossible to get a loan from a traditional bank without a guarantor or collateral. We at iWantPayday are known for providing a guarantor and collateral-free loan to people having low credit scores. You no longer have to present a guarantor to sign your application to proceed with your request.
Payday Loans
Getting a payday loan is an excellent solution for people who urgently need a loan and can’t wait weeks for application approval. This is the perfect option only for people who have an emergency need and can afford high-interest rates. These loans should be repaid on time to avoid further downgrading of credit scores.
Secured Loans
Secured loans are the best option for people, with bad credit scores, who have valuable items such as jewelry, a car, or property. They can keep such things as collateral to get a loan, even if they have a bad credit history.
How To Apply for a Bad Credit Loan With iWantPayday?
You can apply for a bad credit loan by submitting a simple online application form on the
iWantPayday’s website or mobile app. Just fill out your employment status, monthly income, and other details to process your application.
To get quick approval for a bad credit loan, you need to provide the following details:
- Name and contact details
- Reason for loan
- Bank statement
- Income details
Summing Up
With iWantPayday, a low credit score is no longer an impediment to getting a loan. Fulfill your financial commitments toward your family, as we are always here to stand by you in all difficult situations be it a job loss, pay cut, unexpected medical emergencies, etc. Contact us to get bad credit loans and explore more of what we offer.
