Got bills to pay but not quite sure how to pay them? You’ve come to the right place! Monzi Loans can find you lenders of cash loans for bad credit history – and it’s a super fast application process!
If you’re in a tight spot and need fast cash loans, you’re not alone. We all have unexpected expenses that crop up – and usually at the worst time! Whether it’s urgent dental surgery or new sports equipment for the kids, we can help you find a lender.
When you need cash in a hurry, the last thing you want is a complicated loan application that takes ages. That’s why we aim to make the process easy and stress-free. So, want to know more of what Monzi Loans is all about? Read on!
Introducing Monzi Loans
At Monzi Loans, we don’t waste time. We find lenders for cash loans for bad credit history, fast. You can complete an application with Monzi Loans and, depending on the time you apply, we’ll get onto trying to find you a lender, fast. If you apply outside of business hours we’ll begin our search first thing the next business day.
Monzi Loans is here to take away the stress of the application process. We do all the hard work for you and, instead, let you focus on the more important things in life. You no longer need to wade through multiple Google results pages trying to find a lender. You no longer have to worry about finding random documents for different lenders you have applied to. With our fast, 100% online applications that are paperwork free, we’ve made the process that much simpler.
So, sit back and let us do our best to find a lender for you.
Are there really cash loans for bad credit history?
Yes, there are cash loans for bad credit history out there! Your credit score isn’t the only thing that our partner lenders look at when you apply through the Monzi Loans website. Our partner lenders also care about how you manage your money today. So, while a credit score is definitely important, our lenders also look at other factors in your application to get the whole picture.
What do I need to apply for cash loans for bad credit history?
We keep this part pretty simple. We simply need the following four things from you before we can start trying to find you cash loans for bad credit history:
- Be at least 18 years of age
- Be an Australian citizen or permanent resident
- Have an active email address and mobile number
- Have been receiving income into a personal bank account for the past 90 days minimum.
And that’s it! If you can answer yes to all of the above, then push on and submit an application with Monzi Loans.
Did you know that Monzi Loans also helps find money loans as well?
Applying with Monzi Loans
Cash loans for people with bad credit shouldn’t be hard to apply for. That’s why our application process is lean and straightforward! Within minutes, you’ll be done with your application and we can start trying to find you a lender. Now that’s fast!
Remember the days when you’d have to scan and upload loads of documents for a loan application? At Monzi Loans we hate wasting time on paperwork. That’s why we’ve made our application process 100% online. You can enter all the info we’ll ask you for on our website. It’s quick, easy, and completely hassle-free!
Applying with Monzi Loans couldn’t be easier. Our fast application should only take a few minutes of your time and is designed to be stress-free.
Begin by scrolling up to the top of this page and indicating how much you are looking to borrow and for how long. Click Apply Now to get your application started.
We’ll grab some basic details from you here such as your name, phone number, email address, postage address and your reason for applying for a loan.
From here, we’ll get you to submit your internet banking credentials so we can look at a read-only copy of your bank statements from the last 3 months. We securely forward these to any potential lender that we may find for you so that they can start assessing your application as soon as they receive it. From here, we gather all the information you have provided for us and get to work on trying to find you a lender.
If we do manage to find you a lender, we provide them with your application information and then they will conduct their own assessment on your application. If they approve you for a loan, they will then get in contact with you to discuss the terms of your possible loan contract.
How much might cash loans for bad credit history cost me?
As we are the lender-finder and not the actual lenders, we cannot guarantee what your loan will cost you. Every lender is different and as such will have different loan terms and fees. We can give you an example of what fees you may be charged, however, keep in mind that these are examples only.
A small amount unsecured loan, $300 up to $2,000:
For a small amount credit contract of $300 – $2,000 you can expect something like this:
- A 20% establishment fee
- A 4% monthly fee that will be applied on the anniversary date of your loan every month
- A direct debit dishonour fee if you miss a repayment.
A medium amount secured loan, $2,001 – $4,600:
The costs of a medium amount secured loan are a little different. You can expect something the following:
- An establishment fee of $400
- An interest rate of 48%* per annum. Keep in mind that the more you pay off your loan, the less interest you will be charged.
- A direct debit dishonour fee if you miss a repayment
*Comparison rate of 67.41% per annum. This comparison rate is based on a medium amount secured loan and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.
A large amount secured loan, from $5,000 to $10,000:
The costs of a large amount credit contract are also a little different. You can expect something like the following:
- An interest rate of 21.24%* per annum. Keep in mind that the more you pay off your loan, the less interest you will be charged. This is called reducing interest
*The maximum comparison rate for interest is 48% per annum. This comparison rate is based on a large amount secured loan and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.
Also, just remember, that if you’re interested in applying for one of the larger loans of $2,001 – $4,600 or $10,000, they are secured loans so, you will need to provide a vehicle such as a car, truck or motorbike that can be used as security.
Again, as we are the lender finders we cannot give you an exact promise of what your repayments are going to be. We can, however, provide you with an estimate. Head on over here to have a look at what you could pay.
What can I use cash loans for bad credit history for?
Bad credit loans are fantastic for so many reasons. One of the best things about this type of loan is that you can use it to pay for so many of life’s little surprises! Here are some of the top uses for a personal loan.
- Dental and medical bills – because your health comes first!
- Car repairs and towing costs – gotta have those wheels!
- Home maintenance – because nobody deserves to have a leaking roof or burst pipes!
- Trips and holidays – we all need to unwind sometime!
- Books and school supplies – there’s no price on your kids’ education!
- Gifts for significant milestones like 21st birthdays and anniversaries – they only come around once!
- Furniture, electronics and appliances – because comfort and enjoyment are essential!
We pull out the stops to find a lender for you. cash loans for people with bad credit are a great way to pay for the things you need, even if your credit record isn’t perfect.
Are cash loans for bad credit history customers easy to get?
If you’ve had your personal loan application rejected in the past, you may have your doubts about getting accepted this time. While we can’t promise that we can find a lender for everyone, we can promise that we, and our partner lenders, will always give you a fair go. Those are good odds in anyone’s book!
With a super-fast application process and no documents to upload, there’s no time to lose. Put your worries aside and apply for a personal loan for bad credit customers through Monzi Loans. You really have nothing to lose!
What do I do if my personal loan for bad credit customers is approved?
Celebrate, of course! After you congratulate yourself on a job well done, you’ll have the cash you need to pay for unforeseen expenses or maybe even a relaxing weekend away.
There’s just one thing to remember when it comes to loans – paying them on time. When your loan company contacts you to say that your loan is approved, they’ll go through your loan terms with you. It’s essential to repay your loan on time.
If your financial situation changes while you’re repaying your loan and you decline on a payment, you may be charged a fee. It’s never a good idea to skip payments or stop paying your loan without telling your loan provider what’s going on. Instead, contact them right away if there’s a problem and work with them to come to an agreement.
There’s always help available when your household budget is stretched. So, if you’re having trouble making your payments on time get in touch with your lender. They’re there to help you out in all circumstances, good or bad.
Are you ready to transform your financial life? Apply today!
Cash loans for bad credit history customers are simple to apply for. No matter what lemons life throws at you, we’re ready and waiting to find you a lender. But we can’t do that if you don’t apply!
So, don’t let your credit score stop you from living the life you deserve! Now that you know what we need from you, a few minutes is all it takes to apply.
If you need fast cash, there’s no time to lose. Apply with Monzi Loans today and we’ll do our best to find you a lender, fast.