A few missed payments or an old default can make borrowing feel uncertain.
Safe Financial considers applications from individuals with some bad credit for personal loans from $500 to $5,000. At Safe Financial, we take an individualised approach to lending and take the time to look at your current situation before deciding whether a loan is suitable.
Travel and accommodation
Car expenses - including repairs, rego, tyres or insurance
Moving costs - including rental bond, body corporate fees, transport
New furniture or household appliances
Family emergencies or funeral costs
Home renovations
Education costs - including school fees, uniforms, stationery or tech items
Medical expenses
Vet bills
Gifts for those you love
$500
$5,000
Repayment frequency header
New customers must work and earn $700+/wk to be eligible to apply.
* Repayment amount is a guide only. If your loan application is conditionally approved, your loan contract will list the repayment amounts, the number and frequency of repayments, when they are due, and any fees and charges.
Apply online in miniutes - it’s super easy to apply. Select your loan amount, complete your application online, and hit submit!
Fast approvals - you’ll get a decision, usually within a few business hours. Plus same day funding is available.
Friendly customer service - our customers love us! They rate us ‘Excellent’ on Trustpilot.
Responsible lending - we will only lend you money if you can comfortably afford the repayments and the loan suits your requirements and objectives.
Repay early and save - if you wish to repay your Safe Financial loan early, there are no early payout fees, so you’ll save money!
WIN $1,000 - when you take out a small loan, a car loan or a business loan, you’ll be in with a chance to WIN back $1,000! Winners are grinners – check out our winners.
100% Australian-owned and operated - we're a trusted credit provider with over 20 years of experience helping Aussies get the things they want, when they need them!
What does bad credit mean?
Bad credit usually refers to information on your credit report that may make a lender cautious, such as missed repayments or a default. Your credit score summarises part of that history, but a number alone does not tell us whether you can manage a new repayment
Can I apply with a low credit score?
Yes, some bad credit does not automatically rule you out. We check your credit file as part of every application. We also look at your income, regular expenses and recent bank transactions. Approval depends on the full assessment, so we cannot tell you in advance whether you will qualify or promise a particular loan amount.
How much can I apply for?
Our personal loans go up to $5,000. The $1000–$2,000 loans (link) and $2,100–$5,000 loans (link) pages explain each amount range. Depending on our assessment, we may offer less than you requested if that amount is a better fit, provided it still meets your needs.
Applying with a credit concern
All applications are completed online. It is important to give accurate details of your current situation; the online loans page covers the application and verification steps.
Do you offer no credit check loans?
No. We check your credit file and assess your ability to repay every application.
Will a past default automatically mean I am declined?
Not necessarily. We assess the full circumstances, including how you are managing your finances now.
Does one missed payment mean I cannot apply?
No single item tells the whole story. We consider the information on your credit file together with your current circumstances and ability to repay.
Can I apply if Centrelink is part of my income?
Yes, as long as it is not your only source of income and you also meet our other work income requirements. New customers must work and earn at least $700 a week.
Is there a fee to apply?
No. There is no application fee just to submit an application. If approved, check your contract for the loan’s fees, charges and total repayment amount.
Ready to check your options? Apply online today or if you have questions about an application, call 1300 661 991.
