Looking for no credit check loans? Connect with lenders that offer bad credit loans!

no credit check loans

Applying for a loan is daunting and for some, just the prospect of a credit check is petrifying. If that’s the case, you may find yourself looking for no credit check loans.

Here at Monzi Loans, we understand. That’s why we aim to find lenders that look at more than just your credit score. We may not be able to guarantee no credit checks, but we’ll certainly do our best to find you a lender that can say ‘yes’ to the cash you need. We can find lenders that offer quick cash starting at $300 and going up to $10,000! So, if you find yourself in need of fast loans, apply today with Monzi Loans.

About us: Monzi Loans

Before we go any further, let’s make it clear – we’re not a lender, we are lender-finders. If you’re looking for no credit check loans, then we’ll do our best to find you a lender that can offer bad credit loans. Monzi Loans is 100% online. So, there are no trips to the bank, no endless lines, no hoops to jump through. Just a quick application you can complete in minutes, and we could find you a lender in no time!

When you find yourself with a tight budget, and little breathing room and the washing machine decides to break or your annual rego is due – you can apply with Monzi Loans. We’re here for those times when your budget is bursting at the seams and you need cash, quickly. So, to get started either scroll up and have a look at our loan calculator or simply click the ‘Apply Now’ button below.

What does no credit check loans actually mean?

If you’re looking forno credit check loans, we can find lenders that look at more than just your credit score. However, we cannot guarantee the lenders we find won’t conduct credit checks.

When you apply with Monzi Loans, we can find lenders that offer loans for people with bad credit. So, if you’re looking for no credit check loans, consider bad credit loans with Monzi as an alternative. You can apply in minutes, just start our online application, submit it and we’ll get to work finding you a lender that can help. No fuss, no headaches, just an easy application and some good old-fashioned lender-finding.

Who is eligible to apply with Monzi?

Monzi Loans is a lender-finder ready to help Aussies find the cash they need when they need it. Before you apply, take a look at our list of requirements to see if you’re eligible for our lender-finding service.

To apply you must:

  • Be at least 18 years old
  • Be an Australian citizen or permanent resident
  • Have a regular income flowing into a personal account for at least 3 months
  • Have an active mobile number and email address

So, before you apply make sure you check off four requirements. If you do not make these requirements, unfortunately, you won’t be able to submit an application.

What to have handy when you apply with Monzi?

Applying with Monzi Loans is pretty simple. All you need is a few minutes of your time and a couple of personal details to submit an application.

So, before applying have these details ready to enter in your application:

  • Personal contact details e.g. mobile number and email address
  • The reason for your loan
  • Internet banking details
  • MyGov info
  • Employment info

Having these details handy will save you having to look for them whilst completing your application. So, to breeze through your form, have these details by your side. If you have any questions about what you need to apply for just ask our friendly team at hello@monzi.com.au.

How to apply

If you’re looking for no credit check loans, then see if we can find you bad credit loans by submitting an application with Monzi Loans.

Ready to apply? Great! Just follow these three simple steps:

Step 1: You apply online

To get started on your application all you need is a phone or computer, open our website and you’re ready to go! Whether you’re applying on the go or snuggled into your comfiest couch with a cuppa in hand, Monzi Loans is always in your pocket.

To apply, you can start by filling out our loan calculator to help design your proposed loan. Firstly, select how much you wish to borrow and for how long. You can see how much you’ll repay over weekly, fortnightly or monthly period. Just remember all costs are subject to individual lenders; the costs we display are just an example. Once, you are happy with your proposed loan, just hit the ‘Apply Now’ button and you’ll be taken to our application.

Then, just fill out a few more details and click ‘Submit’. Congrats, you’ve just applied for our lender-finding service!

Step 2: We get to work

After we receive your application, we’ll get to work on finding you a lender in a jiffy! If you submit your application outside of business hours, our team will get to it by the next business day. Once you’ve submitted your application, just sit back and relax whilst we do all the legwork.

Step 3: Meet your lender

If we find you a lender, we’ll contact you and pass on your application. Your lender should be in touch shortly. From this point forward, it’s all up to your lender. Each lender we find has a different way of processing your loan. So, if you have any questions about your loan application, contact them!

That’s it. Just those 3 steps and you’re ready to go. So, if you’re on the hunt for bad credit loans and a loan provider without a headache, we know where you can find one. Just apply now to get started!

What are the possible costs?

Let’s talk costs. It’s not everyone’s favourite part of the loan-finding conversation, but it’s important. And we want our customers to have an idea about the costs of a loan before applying with Monzi. As we are a lender-finder, we cannot guarantee costs, however, we can give you an example.

Small Personal Loans: unsecured loans from $300 to $2,000

  • Establishment fee: 20% of the principal
  • Ongoing fee: 4% of the principal, typically charged monthly

Medium Personal Loans: secured loans from $2,001 to $4,600, to be repaid over 13 to 24 months

  • Establishment fee: Once-off $400 fee
  • Ongoing fee: 48% annual interest rate

Large Personal Loans: secured loans from $5,000 to $10,000 to be repaid over 13 to 24 months

  • Ongoing fee: 21.24% interest rate

If your repayments are late, your lender may charge you a dishonour fee, however, that will depend on each individual lender.

Do we conduct credit checks or call your employer?

No, as lender-finders we don’t conduct any kind of assessment. We leave that to the expert lenders! We can, though, do what we do best and find lenders that can look at more than just your credit score. They can also look at your current relationship with money to assess your loan.

We also cannot guarantee that the lender we find won’t call your employer, however, we can work with lenders that are discreet and professional. So, don’t let bad credit deter you from applying with Monzi Loans. We care about our customers and we’ll do our best to find you a lender that can provide cash when you need it, bad credit and all.

Can we find no credit check loans?

Technically, no, we cannot guarantee that the lenders we find will provide no credit check loans. However, we’ll do our best to find you a lender that can offer the loan you need. That’s why we can find bad credit loans, for those with a less-than-perfect credit score.

At Monzi Loans, we understand that life isn’t perfect, everything doesn’t always go as planned. We don’t think that a few past financial mishaps should prevent you from applying for the finance you need now. So, we find lenders that can look at more than just your credit score to assess your application.

If you’re desperately typing “no credit check loans guaranteed Australia” or “cash loans no credit check” into google, then why not save yourself the work and apply with Monzi Loans. We’ll do our best to find you the right lender, so you don’t have to.

What about Centrelink customers and cash loans?

At Monzi Loans, we can find lenders that can offer cash loans for customers on Centrelink. If you receive Centrelink and looking for no credit check loans, you may be knocked back by traditional lenders. That’s why at Monzi, we do our best to find lenders that classify Centrelink as a regular income as long as you’ve been receiving payments for 3 months. So, don’t let the fact that you’re receiving Centrelink deter you from applying for the cash you need. We want to help, so you’re welcome to apply and see if we can find you a lender that offers cash loans for people on Centrelink.

Repayments made easy

If you’re approved for a loan with a lender, then the next step is repayments! At Monzi Loans, we can find lenders that offer easy repayments. Once you’re approved for a loan, most lenders will set up a direct debit with your nominated bank account, so your repayments will be deducted automatically! No need to set up reminders, only to forget to send off your repayment. The last thing you need is nasty late repayment fees, so keep track of your moolah when your repayment is near. Just watch as your loan balance decreases in size and count down the days until you’re debt free again!

Secured data

When you apply with Monzi Loans, you know we care about your privacy and data. We have security measures in place to protect your data. That’s the Monzi Effect. We work to protect your data and privacy.

Lenders for Aussies

We’re an Aussie-run lender-finder that’s ready to find lenders for Aussies in search for quick cash. We’re an Australian brand, and proud of it. We may be 100% online, but our friendly team is right behind your screen! If you ever have any questions about our service or you’re having trouble applying, send us an email at hello@monzi.com.au.

If you apply outside of business hours, our team will get to your application or enquiry by the next business day.

Ready to find a lender, minus the stress?

Great! Then, you’re ready to apply with Monzi Loans. When you’re in need of cash, you can turn to Monzi to help find you the lender that can offer all kinds of personal loans. So, whether you’re looking for no credit check loans, fast cash loans or cash loans for bad credit – we’ll do our best to find you the cash you need.

Let’s be friends

If you’re ready to apply with Monzi Loans, simply click the apply now button and you’ll find yourself at an application. Apply today and get ready to be blown away!

If you have any questions about our lender-finding service, don’t hesitate to contact our team of lender-finding specialists at hello@monzi.com.au.

Want more Monzi? Great! Stay in touch on Facebook, Twitter, Pinterest and Google. And to get the latest tips and tricks to hit personal finance follow our blog.

How customers rate Monzi

Looking for no credit check loans? Connect with lenders that offer bad credit loans! Overall rating: 4.7 out of 5 based on 4 reviews.

Factor In

Costs

Two credit cards
Two credit cards

You won't use a penny to apply for our lender-finding service, but here's some costs you could expect from a lender

Loan amount

$300 - $2,000

Terms

12 months

Costs

20% upfront establishment fee

+ 4% monthly fee

Example

Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Under the current legislation, most small personal loan providers don’t charge an annual interest rate (you’ll know this as an APR) %. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on loans between $300 and $2000 is 199.43%. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate

Loan amount

$2,001 - $4,600

Terms

13 months

24 months

Costs

48% annual percantage rate

67.41% comparison rate p.a.

Example

Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.

Loan amount

$5,000 - $10,000

Terms

13 months

24 months

Costs

21.24% annual percantage rate

48% comparison rate p.a.

Example

Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.

This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.