Quick Loans Bad Credit From $300 To $10,000
For small hurdles and big moments…
Life doesn’t always go the way we want it to. We understand that situations can arise that leave us financially unstable, and unable to borrow from traditional means.
Jacaranda can offer you a lifeline to get you over that hurdle, and onto your next stage of life.
Can You Get A Quick Loan If You Have Bad Credit?
We are proud to find lenders that offer quick loans bad credit. No-one is perfect and everyone makes mistakes, we’re only human after all! We don’t believe that one bad financial decision should define your future, which is why we work with lenders who offer cash loans bad credit.
Do You Offer Bad Credit Cash Loans Guaranteed Approval?
We know that if you’re looking for quick loans bad credit, you’re not alone. There are thousands of customers around the country who don’t have a clean credit history and need an essential loan for a huge variety of reasons.
We don’t believe that bad credit should be a barrier to getting the loan you need when you need it. Therefore, This is why we work with lenders who offer guaranteed approval loans for bad credit applications.
What Is An Unsecured Personal Loan?
An unsecured loan is a loan that is not backed by any kind of collateral, for example, a car, motorbike, caravan or boat. The loan is issued purely on the basis of the borrower’s ‘creditworthiness’. Unsecured loans are the most common type of loan, and usually, require a high credit rating from the borrower to be approved.
Jacaranda likes to do things a little differently. We work with lenders who offer bad credit unsecured personal loans with very fast approval times. Not all the lenders we work with able to offer unsecured personal loans to borrowers with bad credit, but some do! We could let you know within hours whether or not your application has been approved. Read more about fast loans NZ here!
Apply today, and you can get unsecured personal loans bad credit instant decision. Want to know how?
How It Works
Step 1: Easy Application
Our application process for quick loans bad credit takes just a few minutes and is completely hassle-free. So, just answer a few questions and submit. No need to call up or visit in person, everything can be done online at your fingertips at any time of the day. Want to know more about same day loans? Click here!
Step 2: We Compile Your Information
We process your information, utilising the latest in safe banking technologies to assess your application and find the best lender to match you with.
We have a quick assessment turnaround. You could hear from us within 60 minutes of submitting your application. If you apply outside of business hours, we will usually contact you the following business day.
Step 3: Super Fast Outcomes
Often you will receive an outcome within an hour of submitting your application. Although, sometimes approval may take longer this whilst we are working out the best match for you. So, if we can find a lender for you, we will be in contact with you as soon as possible.
What Documents Do You Need From Me?
To put your application in front of multiple lenders, we’ll need a few things from you:
- A bank statement showing income for the past 90 days. This can be submitted online and will be saved as a read-only document. You can rest easy knowing this is 100% secure and will not be shared with anyone other than the lenders you are applying to.
- Lenders may require further information such as copies of payslips, bills, and an identity document to verify the information you’ve given. This will vary from lender to lender, but we advise having these things to hand when you apply to make the process as seamless as possible.
- Be 18 years of age or over.
- Receive a regular income into a personal bank account for at least 90 days.
- Have a direct contact number.
- Have an email address.
Am I Eligible?
The good news is, to apply for quick loans through Jacaranda, you only have to meet a few simple criteria:
Can I Apply If I’m On Government Benefits?
Yes, you can apply if you receive government benefits. However, all credit providers must conduct an assessment to ensure that what they’re offering you is affordable and suitable.
Why Do Lenders Need To Contact My Employer?
Your lender will likely do a quick employment check. So, don’t worry, lenders employ well-trained operators who would never disclose any personal information about you or your application to your employer.
Why Choose Us?
We understand that you don’t want to waste your precious time filling out application forms or waiting at the end of the phone. We keep things simple. With Jacaranda, you only need to fill out one straightforward application form, and then you’re done. We only ask for a few minutes of your time, and then we take care of the rest.
The magic of the internet is that you can get important things done without ever having to leave your couch. So, no need to queue or go out of your way to submit applications. The whole application from start to finish can be done from your computer. All you need is an internet connection.
Lender Finding Experts
We are leading lender-finder experts, helping people from all over New Zealand to find the loans they need when they need them. So, we offer different types of loans to solve different types of problems, from quick loans bad credit, to travel loans, and vet bills!
We are a double service award winner, winning the Word of Mouth for service in 2017 and 2018.
Customer Service At The Heart
We put customer service at the heart of everything we do. If you’re not happy, then neither are we! Our friendly and experienced team are here to answer any questions you may have. Just get in touch with the team to discuss them.
We Understand That No One Is Perfect
We don’t believe you should be punished for something that may have happened several years ago. Your financial past shouldn’t dictate your future. This is why we work with lenders who offer quick loans bad credit, giving you a lifeline rather than turning you away.
We Are 100% Honest And Transparent
We believe in being upfront and honest from the very start. So, we are transparent about our services. We only work with lenders who give you their interest rates and repayment terms upfront. No hidden charges, and no obligation to accept any loan until a contract has been signed.
How Much Can I Borrow?
Our lenders offer quick loans bad credit from $300 to $10,000 with repayment terms from 12 to 24 months.
The size of the loan and repayment terms will depend on the amount you want to borrow, as well as other information submitted by you.
How Much Will A Loan Cost Me?
The cost of your loan will depend on a number of variables including the amount you need to borrow, and how long you need to pay it back. If you want to know more about the cost of a personal loan, click here!
You borrow $2,500 repaid over 13 months
Weekly payment: $75.05
Total interest: $1,702.80
Total repayable: $4,202.80
Monthly interest rate: 9% AIR: 108%
*This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amount available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 620.5% depending on your personal situation.
How Do Repayments Work?
A repayment plan will be set up directly with your lender. This is usually done via a direct debit set up from your bank account. So, depending on your arrangement you may be able to set up weekly, fortnightly or monthly payments. If for any reason your circumstances change, and you need to change your repayment agreement, it is highly advised to contact your lender immediately rather than defaulting on the loan.
Have Any More Questions?
Finding quick loans bad credit can be a daunting process. Therefore, we understand if you have more questions or concerns. Our FAQ page can be helpful for questions about the process, or loan requirements.
If you have more specific questions or would like to talk directly to one of the team, get in touch today!
Examples of what loans might cost.
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.