Find providers of cash loans for bad credit with Jacaranda Loans NZ!

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Cash loans for bad credit are finance options between $300 and $10,000 that people with low credit scores can apply for. Cash loans for bad credit can be secured or unsecured, depending on the amount you’re looking to borrow, and feature a repayment term from 12 months to 24 months. You’ll be able to select the amount and term you need on the form above. However, it’s important to note that these figures are for illustrative purposes only. You should always check your loan contract for final figures before signing it.

Financial emergencies seem to have a habit of popping up when you least expect them, don’t they? It’s as if they can sense that you’re not in any position to fork out heaps of money to set things right. Having to deal with unexpected bills can be stressful for anyone, but it’s even more so if your bank account isn’t prepared for it. In this kind of situation, you might consider cash loans. However, if you have bad credit, the usual avenues for obtaining finance aren’t necessarily open to you.

Luckily, there is a way people with low credit scores can get the funds they need at short notice. These handy little finance options are called cash loans for bad credit, and they can help out in a variety of situations. Keep reading to find out more about cash loans for bad credit, and what Jacaranda Loans NZ can do to help you on your way to getting one.

cash loans for bad credit

What are cash loans for bad credit?

Cash loans for bad credit are simply a type of cash loan that people with bad credit can access.

Getting finance when you need it isn’t always easy if you have bad credit. If you talk about getting a cash loan, most people’s first thought is a bank. However, traditional lenders may not look too kindly on bad credit. They can use your credit score as a way to judge how likely you are to repay your loan. If your score is too low, they may deem you to be too much of a risk and decide not to lend to you. The last thing you want when you have bad credit and are in need of cash is rejection.

However, applying with a traditional lender isn’t your only option when it comes to getting finance. There are other options that are available to those with bad credit!

If cash loans for bad credit sound like your cup of tea, the internet is the place to find them. There are a number of online lenders offering quick cash loans online that people with bad credit can access. A major difference between traditional and online lenders is their attitude towards bad credit. Online lenders don’t just review your credit score when assessing your application. What they tend to focus more on is your current financial situation, as this gives them a better idea of your ability to afford a loan.

Having bad credit doesn’t necessarily mean you’re bad with money, and it certainly doesn’t make you a bad person. If you’re worried that your credit score will prevent you from getting extra funds when you need them, breathe a sigh of relief. There are online lenders who can offer cash loans for bad credit, and we can help you find them!

What can I use cash loans for bad credit for?

Cash loans for bad credit are already useful in that they grant funds to those who might not be able to get them from traditional lenders. However, the usefulness of cash loans for bad credit doesn’t end there!

A whole host of unexpected costs can crop up out of nowhere in everyday life. If you want a finance option that can help you out in a variety of situations, consider cash loans for bad credit! Cash loans for bad credit are incredibly versatile and could help pay for a number of different expenses. Here are just a few of the different forms that cash loans for bad credit can take:

  • Car loans.There are a tonne of things in our everyday lives that would really send us into a panic if they stopped working. Our cars are near the top of that list. Whether your car has broken down and needs a repair, or you’re looking to switch out your current ride for something else, car loans might just help.
  • Travel loans. Cash loans for bad credit aren’t just for if you’re hit with unexpected bills! You can also use them to treat yo’self. If you’re planning a holiday and you want some help covering some of the costs, or just like the idea of having a bit more spending money, travel loans could be what you’re looking for!
  • Small business loans.Are you one of those people with a bit of entrepreneurial flair? Maybe you already have a small business that could use a bit of a cash injection. Either way, small business loans could be the way to go. Because they’re personal loans, you don’t have to prove that your business is thriving in order to access them!

And that’s just the tip of the iceberg!

How can Jacaranda Loans NZ help me get cash loans for bad credit?

What we provide at Jacaranda Loans NZ is a lender-finding service. We like to think of ourselves as bridging the gap between clients and lenders.

As nice as it is that there are lenders out there offering cash loans for bad credit, there are also a lot of them. Sifting through countless online lenders in search of cash loans online can be a real slog, and it’s probably not at the top of the list of things you want to spend time doing. Instead of searching “quick cash loans near me” and painstakingly looking at every result, apply with Jacaranda Loans NZ. Work smarter, not harder.

All you have to do is submit an application with us, and we’ll get to work finding a lender for you. There’s no need to fill out paperwork or make an appointment. Simply take a few minutes to apply, and we’ll take care of the lender-finding duties. It’s what we do best!

Why should I apply Jacaranda Loans NZ?

There are heaps of perks to using our lender-finding service. We don’t want to waste your time, so here are some of the most appealing ones:

  • 100% online. Unlike traditional lenders, we don’t require you to come into a branch in order to apply for our lender-finding service. And because our website and application process are available 24/7, you can apply at a time and place that best suits you. You can wait until you’ve finished work and fill out a form while you’re sitting at home, or apply while you’re on the go with our mobile-compatible website.
  • Fast applications. We get it: you don’t want to sit at your computer all day just so you can fill in one application. With our lender-finding service, you can usually apply in just a few minutes. There’s no time wasted, and we don’t ask for any more information than we need to find lenders.
  • Quick outcomes. Once our speedy lender-finding process kicks into gear, we do our best to find a lender as soon as possible. Regardless of the result of our search, we endeavour to provide you with an outcome extremely fast. If we find a lender for you, we’ll refer you to them so that they can get in touch.
  • Secure process. We keep the personal information you provide us with under lock and key using safe banking technology. Furthermore, we only request information that is necessary for our lender-finding process. For further information, visit our security and privacy policy pages.
  • Exemplary customer service. Sick of being treated like just another number in the system? At Jacaranda Loans NZ, we take your application seriously. If you want to ask us anything, visit our contact page and fill out a form. We’ll respond as soon as we can.

How do I apply?

Applying for our lender-finding service is simple! We’ve designed our application to be quick and easy to understand, so you don’t have to spend more time on it than necessary.

Before you can start your application, there are just a few requirements that you need to meet. We need to ensure that you have this information so that we can conduct a search for lenders.

You must:

  • Be a New Zealand citizen or permanent resident;
  • Be 18 years of age or above;
  • Have received a regular income into a personal bank account for at least the last 90 days prior;
  • Have a direct contact number and email address;

If you check these boxes, you can begin your application.

At the top of any page on our website, you’ll find the Apply Now button. You can input your desired cash loan amount using the slider and choose from weekly, fortnightly or monthly payments. Keep in mind that any final loan terms and fees will depend on your lender.

Click Apply Now and get started on your application. It should take just a few minutes to complete, so you can get back to your day as soon as possible. Once you submit that form we’ll start looking for lenders, and with any luck, find one for you!

Here’s an example of what your loan could cost:
$2,500 repaid over 13 months would have 56 weekly repayments of $75.05. Total interest $1702.80. Total amount repayable $4,202.80. This example is based on a monthly interest rate of 9% and an AIR of 108%. WARNING: This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amounts available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 620.5% depending on your personal situation.

Do you conduct credit checks?

No. As a lender-finding service, conducting credit checks is not part of our process. Whilst some of the lenders that we find for clients do perform credit checks, it is still possible for us to find lenders that can offer no credit check loans. However, we cannot guarantee that a lender we find for you won’t perform a credit check.

For the lenders we find that do conduct credit checks, your credit score may not be the only thing they look at. As providers of quick cash loans for bad credit, they understand that bad credit isn’t the be all and end all. Whilst these lenders may take a look at your credit history, they tend to focus more on your current financial situation. This can give them a better idea of your ability to afford repayments.

Regardless, you will not be rejected by us or a lender we find for you just because you have bad credit.

It’s important to be aware of your credit score, no matter which end of the spectrum it’s on. If you wish to check yours, the New Zealand Government website has more information detailing how to do so.

How much do quick cash loans for bad credit cost?

We do not control the costs of cash advance loans, and as such can not guarantee what terms and fees a lender might offer you in your loan contract. However, we can give you an idea of the types of costs that are typically involved with cash advance loans.

Small Cash Advance Loans

  • Loan Amount: Minimum – $300; Maximum – $2,000.
  • Repayment Period Terms: Up to 12 Months.
  • Costs: Establishment Fee up to 20% of Loan Amount (Charged after signing the loan contract), plus Monthly Fee up to 4%.

Medium Secured Cash Advance Loans

  • Loan Amount: Minimum – $2,001; Maximum – $4,600.
  • Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
  • Costs: $400 Establishment Fee; Annual Percentage Rate (APR) is 48%; Comparison Rate is 67.41% P.A.

Large Secured Cash Advance Loans

  • Loan Amount: Minimum – $5,000; Maximum – $10,000.
  • Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
  • Costs: Annual Percentage Rate (APR) is 21.24%; Maximum Comparison Rate is 48% P.A.

WARNING: The comparison rates mentioned are 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.

If you do not make the repayments on your loan, there may be additional fees.

Ensure that you read and understand everything in your loan contract before you sign it. If you need to clarify anything, contact your lender.

Start your lender-finding journey with Jacaranda Loans NZ today!

If you want to find a lender without having to scroll through page after page of search results, Jacaranda Loans NZ is exactly what you’re looking for. We can find lenders that offer quick cash loans for bad credit, so even those with low credit scores have a shot at getting the finance they’re after.

Want more information about us and what we do? You’ve come to the right place. We recommend that you take a look at our how it works page, costs breakdown and FAQ section. For any questions that need special attention, you can contact us.

If you’re ready to go, then don’t waste any more time! Apply now to see if Jacaranda Loans NZ can find a lender for you!

Examples of what loans might cost.

Personal Loans

Loan Amount

Minimum
$300


Maximum
$10,000

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Terms

Minimum
12 Months


Maximum
24 Months

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Example

Interest Rate between 1.5% and 20% per month.

$2,500 repaid over 13 months would have 56 weekly repayments of $75.05. Total interest $1702.80. Total amount repayable $4,202.80. This example is based on a monthly interest rate of 9% and an AIR of 108%. WARNING: This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amounts available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 620.5% depending on your personal situation.

Note, your lender may offer you different terms, fees or loan amounts based on your individual circumstances, needs and their own lending criteria. Please check your contract before signing.

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