Don't let bad credit history get you down. Having bad credit can lead to many traditional lenders being unwilling to offer you a loan, which can be disheartening, to say the least. This can often impact your day-to-day life, especially if an unexpected expense pops up and you need to get your hands on some spare cash.
Many lenders are unwilling to help you out or other lenders may offer you an incredibly high-interest rate due to your bad credit history. We don’t think this is fair. Breezy offers bad credit loans to help anyone out, even if they don’t have a squeaky clean credit history. Read on to find out more.
Your credit history is going to have an impact on your ability to be approved for a loan, both negatively or positively. Good credit history is an indicator for many lenders that you can responsibly handle a financial commitment and are a good risk to lend to. Bad credit history, on the other hand, can be an indicator to some lenders that you might not be a good lending risk as you have shown in the past that you can’t handle your financial commitments.
There are many financial aspects that can impact your credit history. From whether you have successfully paid off your other commitments to your repayment history and how often your repayments were on time, your credit report will show potential lenders both the good and the bad and will contribute to your overall score. This is why it is so important to try and keep on top of your financial commitments and always try to avoid taking on more debt than you can comfortably afford to pay back.
Yes, you can apply with Breezy Loans if you have bad credit. We understand that there are times in life and circumstances that can lead to having a bad credit history. The difference with Breezy is that we won’t judge you for it or automatically decline your application.
Our bad credit loans are designed specifically for individuals who need a financial boost, even if they don’t have a perfect credit score. Apply with Breezy Loans and we’ll see if we can assist you with a bad credit loan.
Before the formal assessment of an application for a bad credit loan, there are a few preliminary eligibility requirements that you need to meet. Don’t panic too much as these requirements are fairly simple. You will be eligible to apply for a bad credit loan in Australia if you:
● Are at least 18 years old ● Have a regular source of income or Centrelink Benefits (for 3 months before applying) ● Are an Australian citizen or permanent resident ● Have internet banking set up ● Have an active contact number as well as an email address so that we can contact you about your application
When lenders are assessing your application, they look out for a variety of factors that will tell them a lot about how someone spends and handles their money. These can provide a thorough snapshot of your current financial circum and help indicate whether a loan might be a good idea for the individual. Some of the most common things that lenders are looking at in your application include:
● Monthly income and expenses ● Repayment history of other loans or commitments ● Saving habits ● Spending habits ● Credit History
Breezy Loans application process is quick and simple. You can complete your application in just a few minutes as it is a 100% online process. Our application and assessment process looks a little like this:
If you think that a Breezy bad credit loan might be just what you need, submit your online application now! Our team will get to work assessing it and you’ll have your outcome in a quick and efficient manner. If you have any questions about our bad credit loans or our application process, get in contact with our team now!
A bad credit loan is a loan that is offered to people who have a low credit score. Bad credit loans can help to provide someone with a second chance at finance if they don’t have a high enough score to get a traditional loan.
Bad credit loans are a good option to apply for if you are struggling to obtain approval for a traditional personal loan. Bad credit loans can be the helping hand you need when other lenders are consistently turning you down. Breezy Loans can provide a range of fast and flexible bad credit loans that are customized towards your specific financial situation.
Bad credit loans can be used for a huge variety of reasons. You can pay your utilities, purchase a new car, book some well deserved travel or a holiday, pay for some medical or dental bills or even cover unexpected expenses such as the need to purchase new white goods. The possibilities are endless with bad credit loans.
Repaying your loan is easy. The Breezy assessment team will set up your automatic loan repayments to be deducted from your account in line with your payday. All you need to do is ensure that there are sufficient funds in your account so that the repayment will clear.
A credit report is a document that contains details of your personal information and financial history. This document helps lenders determine if they want to lend you money or not.
Your credit file takes your entire credit history into account, both the good and the bad. If you have any defaults listed or you have made multiple credit applications, it may be hard for you to obtain credit. Additionally, a history of good repayments will show lenders that you are responsible with your money and likely to pay off any credit that you might be approved for. This good history can make it much easier to be approved for a loan down the track.
Yes, our repayment schedules are flexible. We will organise a repayment schedule that is in line with your payday. However, if you want to pay your loan off early or make changes to your schedule, give us a call and we’ll see how we can help.