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Bad Credit Loans & Bad Credit Lenders
The Bad Credit Finance Specialists

Have you been turned away by the banks and other lenders due to Bad Credit? Our New Bad Credit Loans product for Bad Credit Personal Loans, Bad Credit Car Loans and Bad Credit Home Loans is now available at rates starting from as low as 4.19%. In the vast majority of cases we provide guaranteed loans for bad credit regardless of your situation.

  • Lowest guaranteed bad credit loans interest rates in Australia
  • Bad Credit Loans specialists since 1999
  • Fastest settlements for bad credit personal loans Australia wide
  • Unlimited Bad Credit Acceptable (i.e. defaults, court judgements and arrears on your mortgage are acceptable and the interest rate is not affected by defaults listed 3 years ago or more) Defaults listed more than 3 years ago will be disregarded altogether.
  • Ideal for self employed clients unable to show financials and seeking cash out urgently
  • Up to 95% LVR possible (highest LVR product currently available in the marketplace)
  • Defaults up to $500.00 also ignored and do not affect the interest rate
  • Vacant land is an acceptable security (rural land also acceptable) with our latest bad credit loan product release
  • Low Doc and Full Doc lending options available
  • Low set up costs
  • No Exit Fees
  • No LMI
  • No exit fees
  • No tax returns or financials required to verify income


If you have recently fallen victim to the high unemployment rate or the Global Financial Crisis and have been laid off or maybe even lost your property due to foreclosure, then you will be struggling to find easy approval loans with bad credit in this Global Credit Crunch. Bad Credit listed on your Veda Advantage credit file is something that nobody plans for but must live with after financial loss and default.

So, at Universal Finance we believe that there is no point in worrying about your past Bad Credit issues and it is better to put your efforts into rebuilding your credit rating for the future and with our easy application low interest loans for bad credit you can do exactly that. If you are struggling to find personal loans for bad credit, get in touch with us today.

High Risk Personal Loan Brokers at your Service

Rebuilding Bad Credit can take time, patience and requires baby steps. If you have undergone something like bad credit listings, bankruptcy or foreclosure it can be daunting, however, Universal Finance have all the loans with bad credit Australia solutions and can find the right loan for bad credit for you.

Bad Credit can affect your options when purchasing or refinancing a property and often sends the interest rate through the roof making the process very costly and time consuming. (and in many cases not worthwhile) Our dedicated small loans bad credit Australia team can help, so please don’t worry!

Bad Credit Loans Australia Wide

At Universal Finance we are the specialists in Bad Credit Loans and have access to the largest range of Non-Conforming and Private Lenders/Investors in Australia. With over 50 panel loan for bad credit lenders and 1000+ bad credit loan products on offer as well as access to Australia's largest and ever extending panel of private lenders/investors, Universal Finance has you covered, from the property investor to the first home buyer.

Bad Credit Lending is no longer an issue with our new Bad Credit Loans product from our network of bad credit lenders.

Your Personal Bad Credit Circumstance

Our new Bad Credit Loans product allows unlimited defaults and arrears to be listed and at the lowest interest rates guaranteed. We know that in this financial market it is almost impossible to obtain finance if you have arrears and Bad Credit, however, now there is a solution and at the lowest small loan bad credit rates in Australia.

Get in touch today and find out for yourself why our track record for bad credit personal loans guaranteed approval Australia wide is amongst the best in our sector. You may fall into the below categories as well as many more:

  • Employed less than 3 months (possibly on probationary employment period)
  • Self-employed and unable to show the last 2 years financials (No Financials Required)
  • Bad Credit listed and arrears on your mortgage/s acceptable
  • Need a bad credit loan Australia for any purpose acceptable
  • Self employed
  • Rural property location
  • Require 95% + LVR

Frequently asked questions

Can I apply for a business loan with bad credit?

Having bad credit shouldn’t exclude you from being able to get a loan, but you need a lender who’ll look beyond your credit score. There can be lots of reasons for having bad credit, and a short spell of unemployment or a financial mistake can unfortunately stay on your report for a long time. If you need a bad credit business loan, then Universal Finance are a great lender to approach, as we overlook things like smaller defaults or bad credit from years ago, so we can give you a fair interest rate even with bad credit.

Does it take longer to get approval for a business loan with bad credit?

Some lenders will take longer to process a bad credit business loan, as they’ll want you to produce a lot of information such as financials or tax paperwork. That’s why Universal Finance have made the process of obtaining a business loan much faster, no matter what your circumstances. We ask for minimal financial information, you simply need to upload a few documents, and because we have a panel of over 50 lenders, it’s quick and easy to match you to the right one. Overall, we aim to get the money into your account in 24-48 hours, with as few delays as possible.

What are the interest rates for business loans with bad credit?

Interest rates are often based on credit score and reflect the amount of risk the lender is taking. Unfortunately, many lenders will often quote you a high interest rate if you have bad credit, even if your defaults and CCJs were years ago, and you’ve since gotten back on track.

Universal Finance have a unique way of calculating the interest rates for our bad credit business loans. We disregard defaults of more than three years old, even if they’re still on your credit report, so you aren’t paying a high interest rate due to past financial issues. Our interest rates for business loans start at just 4.19%, even for those with bad credit, so get a quote today.

Do I need to provide security for a business loan with bad credit?

This will depend on the kind of product you choose. Secured loans require some sort of collateral, which can be property, land, or equity, while unsecured loans don’t have this requirement. However, there can be good reasons to choose secured loans, as they often allow you to get a lower interest rate, and in general, a lender may be happy lending you more money if you offer security.

How can I improve my credit rating?

The best way to improve your credit rating is to pay your bills on time, and to pay off as much as possible each month, rather than simply making minimum payments. However, it can take a while to clear bad credit, as defaults can stay on file for up to five years, while more serious infringements won’t be cleared for seven years. That’s why Universal Finance offer bad credit business loans for those who are working towards improving their credit, as most people don’t want to wait several years to improve their credit rating.

Our financial loans for bad credit are ideal steppingstones to return to a major lending institution at even lower interest rates again. Within 6 months we can then assist you to refinance back to a major bank or lender of your choice at even lower interest rates yet again.

As all personal loans bad credit Exit Fees were banned by the Australian government in 2011. You will not incur costs by refinancing to another lender. This makes our Bad Credit Loans product ideal for Bad Credit clients.

Unlike other brokerage firms, Universal Finance are specialists in refinancing between private lenders and mainstream lenders (i.e. banks). Our consultants are up to date with the latest products and criteria allowing you to save time and money in the process. Our Bad Credit Loans product is the first of its kind to be released in Australia.

Loans that Meet Your Requirements

If you require urgent funding for a business purpose, or cash-flow for your business, our Turbo Caveat Loans /Second Mortgage product may be the solution. Unlimited defaults and arrears are acceptable for our Caveat Loan/2nd Mortgage products.

If you are looking for bad credit loans in Sydney, bad credit loans in Melbourne or loans Australia wide, make Universal Finance your first port of call, we can help. Getting approval for very bad credit loans is our sole objective as a company as our track record in getting approval for personal bad credit loans amply illustrates.

Contact one of our consultants today for further information on our Bad Credit Loans product: (08) 8344 9508

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