Are you among those many people with bad credit that are struggling to get approval for a loan? It is not easy to find bad credit loans guaranteed approval, especially on your own. Many traditional lenders, like banks and credit unions, will take one look at your less than perfect credit score, and reject you immediately. 

Well, we may have a solution for you! Pocket Cash is a lender finder that can match people with poor credit with a lender willing to give them a loan! The lenders we find generally have a different approach to bad credit. Let us explain how!

What is bad credit?

Your credit score is a numerical representation of the information in your credit report. A poor credit score is usually any number between 0 – 400 (depending on the credit bureau).  A person with a bad credit score usually has a history of not paying their bills or loans on the agreed terms. This can result in an inability to get approved for new credit. Many banks and big financial institutions will look at your credit score to determine your eligibility to get a loan. Pocket Cash, however, can find lenders willing to look past your bad credit score when assessing your loan application. 

Instead, these lenders can look at your bank statements to verify your income and gain a better understanding of your spending habits and overall relationship with money. While your credit score reflects your payment history and past financial mistakes, your bank statements can give a more accurate snapshot of your current ability to pay back a loan. 

So, if bad credit has held you back in the past, it doesn’t have to anymore! While we can find you a lender offering bad credit loans guaranteed approval, we can improve your chances of approval by showing your application to a number of lenders. 

Bad credit loans with guaranteed approval

Pocket Cash does not claim to find lenders offering bad credit loans guaranteed approval. Most lenders care about how you manage your money and debts today. So despite most lenders not offering guaranteed approval, we can guarantee you the lender we match you with will give you a fair go at accessing finance. 

Costs associated with bad credit loans guaranteed approval

Unlike lenders offering bad credit loans guaranteed approval, we don’t make promises we can’t keep. As with everything in life, nothing is guaranteed! Furthermore, we can’t outline what the exact costs of a bad credit loan will be, as we are a lender-finder. But we can promise, we will do our best to match you with a lender that is compatible with your financial circumstances best. 

Remember to read your loan contract thoroughly, as it will contain all the relevant costs, fees and interest rates. Moreover, the Money Smart personal loan calculator is a great tool if you want to calculate the rough repaymentson a personal loan.

How can I apply?

At Pocket Cash, we aim to give every Aussie a fair go. However, we do have a few eligibility requirements. Make sure you tick off these requirements before you apply:

You must:

• Be an Australian citizen or permanent resident;
• Be at least 18 years of age;
• Have received a regular income into a personal bank account for the last 90-days;
• Have a valid email address and phone number;
• Have internet banking

Our lender-finding service is quick and easy, and so is our application process. Submitting an application can take just a few minutes and you can apply anywhere, anytime! Our service is 100% online – no need to move from the comfort of your home or office. Additionally, there’s no mountain of paperwork to fill in, print out or scan. We accept all supporting documents in digital format. Once we receive your application, we can find a loan provider super fast. 

How can I apply for bad credit loans with Pocket Cash?

If you want to breeze through your application, keep these details handy when you apply:

• Proof of ID – just so we can get to know you!;
• The name and address of your place of work;
• Your myGov credentials – if you receive a Centrelink income;
• Your internet banking credentials – so we can pass on your bank statements;
• The reason you’re taking out a loan;

Once you submit your application, we’ll get to work searching for a suitable lender

Ready to apply?

Although we cannot find lenders offering bad credit loans guaranteed approval, it’s not the end of the road for you. We can match you with a compatible lender willing to look past your less than perfect credit score! Sound good?

Think you’re ready to apply? Perfect! It’s super simple. Start by scrolling to the top of this page to find our loan calculator. 

Looking for affordable car loans? Pocket Cash can match you with a suitable lender!