Personal finance

Bad credit loans

Bad credit loans Altona
Bad credit loans to relieve financial pressure

Personal loans for bad credit

Having a poor credit history shouldn't stop you from accessing finance when you need it. At Attain Loans, we can find loan solutions for clients with various credit histories. We focus on your current financial position rather than past events.

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How we help with bad credit loans

At Attain Loans, we work to find the right loan solution that matches your circumstances. Our service is typically at no cost to you as we're paid by the lender, and these payments don't influence our recommendations.

1
Getting to know you
We're flexible to fit in with you. We can do face to face, phone, or video call meetings. We're flexible on times and can do after hours and weekend meetings by request.
2
Understanding your situation
We'll discuss your current financial position, including your income, expenses, and existing commitments. We look beyond just credit history to build a complete picture of your circumstances.
3
Financial assessment
We'll review your borrowing capacity and identify lenders who may be able to help. This includes analysing your current income, expenses, and financial commitments to ensure any new loan will be sustainable.
4
Loan comparison
Based on your circumstances, we'll compare loans from our panel of lenders who specialise in different situations. We consider interest rates, fees, loan features, and flexibility to find the best match for your needs.
5
Application support
Once you've chosen a loan, we handle all the paperwork and liaise with the lender on your behalf. We'll help you gather the necessary documentation and guide you through the approval process.
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What is a bad credit loan?

A bad credit loan is a type of loan designed for individuals with a poor credit history. While we don't specifically label loans as 'bad credit loans', we understand that different life circumstances can impact your credit history. When assessing your application, we consider multiple factors beyond just your credit score - including your current income, expenses, and how you're managing existing financial commitments.

Bad credit loans for emergencies
Bad credit loan for medical bills

Why might someone need a bad credit loan?

Life's unexpected challenges can affect anyone's credit history. Whether it's past unemployment, illness, or other difficult circumstances, these events can impact your ability to access traditional finance when you need it. We understand that past events shouldn't prevent you from accessing finance when you need it, which is why we work with lenders who take a more flexible approach to credit assessment.

Emergency expenses

  • Car repairs and maintenance
  • Medical or dental costs
  • Unexpected bills
  • Emergency travel

Planned purchases

  • Vehicle purchases
  • Household appliances
  • Furniture
  • Rental bonds

Questions about bad credit loans

Get in touch and we will help you with any questions you have about bad credit loans and advise on the best strategy to suit your situation.

Let us help with your questions
'Bad credit' isn't a technical term - it generally refers to a credit history that makes it challenging to obtain loans from traditional lenders. This could be due to missed payments, defaults, bankruptcy, or limited credit history. However, at Attain, we look beyond just credit scores to assess your current financial situation.
Borrowing capacity depends on various factors including your income, expenses, current commitments, and the type of loan. While credit history is considered, we focus on your current ability to repay. Loan amounts typically range from $2,000 to $50,000 depending on your circumstances.
Each loan application typically results in a credit inquiry, which can temporarily impact your score. We help minimize this by carefully selecting appropriate lenders before applying. We'll also help you understand which lenders are more likely to approve your application before making formal applications.
Yes, making regular repayments on a new loan can help improve your credit score over time. We can help structure your loan with manageable repayments that demonstrate positive credit behavior to future lenders.
You'll typically need:
  • Proof of identity
  • Recent payslips or income statements
  • Bank statements
  • Details of your expenses and existing debts
  • Information about the loan purpose
Interest rates may be higher than standard loans due to the increased lending risk. However, we work with specialist lenders who offer competitive rates based on your current circumstances rather than just past credit history.
Once you've established a history of consistent repayments, you may be able to refinance to better terms. We can help you plan a path toward improving your credit position and accessing better loan options in the future.
Depending on your situation, alternatives might include secured loans, guarantor loans, or government assistance programs. We'll help you explore all available options to find the most suitable solution for your needs.
While standard loans might be approved quickly, bad credit loans often require additional assessment. We'll give you a clear timeline based on your specific situation and chosen lender, typically ranging from 2-5 business days.
Some lenders offer loans to people receiving Centrelink benefits, though loan amounts and terms may be more limited. We'll help you understand your options and find lenders who consider Centrelink income.

Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product. The information contained in this website is of a general nature and does not take in to account your personal needs and requirements.

Why choose Attain for your bad credit loan?

At Attain, we understand that past financial difficulties shouldn't define your future. Our experienced team specializes in finding loan solutions for all circumstances. We work with a wide panel of lenders who offer various loan options for different credit situations.

Chrystal Evans, founder of Attain Loans and Mortgages Altona

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We are a small family owned, Altona based business that understands your needs at different stages of your life.

We listen

Identifying your goals and finding services and products that meet your needs is our number one job, and we love it!

22 years industry experience

We know the intricacies of the mortgage market and can tailor mortgage solutions for your individual needs.

We have access to the very best lenders

Over 70 of them, including the majors. We're accredited, which means we are fully trained and know all the best options available for you.

Ongoing support

Even when we've found you a great deal we undertake regular reviews to see if we can find you something even better.

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We have an honest, client focused business model and we aim to create long lasting relationships built on trust and respect.

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