Competitive
We have access to some of the lowest industry rates giving us the competitive edge to find you the best personal finance for your situation.
At Fox Finance Group, we believe in giving everyone a second chance. We're here to help individuals like you get their finances back on track, even if your credit score has seen better days.
We've already helped thousands of customers secure the funds they required, whether it was to consolidate debts, fix their car, or finally enjoy that long-awaited holiday.
Our simple process ensures a stress-free application, with quick turnaround times, so you can move forward sooner.
Never feel that a bad credit history is a reason not to apply, there are always potential options available.
So, apply today!
You can complete your personal loan application either online or over the phone with us.
We will ask you to provide proof of income and identification.
We'll discuss all components of your personal loan approval with you. From interest rate, to repayments, loan term, and any fees involved; you'll know the details inside out!
With our technology, you can simply sign your personal loan documents electronically.
Your loan funds will be available to you within one business day. It's that simple!
You can complete your personal loan application either online or over the phone with us.
We will ask you to provide proof of income and identification.
We'll discuss all components of your personal loan approval with you. From interest rate, to repayments, loan term, and any fees involved; you'll know the details inside out!
With our technology, you can simply sign your personal loan documents electronically.
Your loan funds will be available to you within one business day. It's that simple!
We have access to some of the lowest industry rates giving us the competitive edge to find you the best personal finance for your situation.
We do the running around for you and compare personal finance options and rates from over 50 lenders.
We work hard to get your finance approved fast. Same day approvals are available - ask us how!
We find and compare personal finance options that best suits your needs and budget with flexible repayment terms available.
To increase your chances of approval with our panel of lenders, you must:
Be 18 years of age or older
Be a permanent Australian Resident or citizen.
Be employed full time 1+ months / casually employed 3+ months
Earn a gross annual income of $45,000+ or more.
as a Financial Services Group helping customers Australia wide
of processed applications for everyday Australians and SME businesses
applications since 2006 and growing
Rated 5 out of 5 by our customers on Google
Bad credit personal loans are specifically designed for individuals with low credit scores or limited credit histories. These loans are used if you do not qualify for traditional financing due to your credit score and credit history. This could be due do to missed repayments, defaults, bankruptcies, part IX agreements, and frequent enquires for credit.
You can get a bad credit personal loan for the following:
You will need to supply the following documents:
When you apply for a bad credit car loan through Fox Finance Group, we begin with a soft credit check. This allows us to review your credit profile without affecting your score or leaving a mark on your credit file. It’s a risk-free way for us to match you with lenders who best fit your financial situation.
If you decide to move forward with your loan offer, the lender will perform a hard credit check. This standard step will slightly reduce your credit score and leave an enquiry on your credit file.
It’s worthwhile noting that every enquiry you make for a bad credit personal loan can impact your credit score. To give you the best chance at getting the approval you want and need, we ask that while working with us, you hold off on making other enquiries. This minimises the chances of having multiple enquires, lower your score, and stop you from getting the best approval.
Once you’ve submitted your application for a bad credit personal loan, one of our experienced lending specialists will contact you within 15 minutes (Monday to Friday) to walk you through the next steps. We will review your financial situation in more detail, explain your options clearly, and work with you to find the most suitable lender from our panel.
We strive for same day or within 24 hours for approval. Keep in mind that depending on factors like lender turnaround times, information provided, and credit history may extend getting your loan approved.
Typically, bad credit personal loans come with higher interest rates than secured loans. This is due to the increased risk lenders take on when lending without security. Interest rates will vary depending on the lender, but at Fox Finance Group we will be able to walk you through your options so you can make the best decision for your needs.
Yes, you can! While traditional banks often say no to applicants with a low credit score, we work with a broad network of 50 plus lenders who specialise in bad credit personal loans. These lenders take a more flexible approach; by looking at your full financial picture and not just your credit score.
Yes! While the application process may differ slightly from that of salaried employees, many lenders in our network specialise in assisting self-employed borrowers with a less-than-perfect credit score. The lenders will typically assess factors such as your income stability, business history, and your overall financial health to accurately evaluate your borrowing capacity.
There are no costs to apply for your bad credit personal loan. At settlement, a once-off brokerage fee is charged to cover the professional services involved in securing your loan. Many clients with less-than-perfect credit prefer to keep their upfront costs low, this fee is typically financed into the total loan amount, meaning you won’t pay anything out of pocket before your first repayment. The exact fee varies depending on your loan amount and your application. Our team can provide a transparent, obligation-free quote tailored to your situation.
This fee covers the cost of our team taking your application, assessing your documents, comparing loan options to find the best loan to suit your needs, protecting and preserving your credit score, managing the whole process through to settlement, and saving you in interest over the life of your loan by finding you the best deal on the market. Our team will also help you manage your loan throughout the term and stay in contact to make sure you have the best deal possible at all times.