no credit check loans options

Get a loan that doesn’t require a credit check

Information verified correct on December 5th, 2016

Think your credit history will stop you getting a loan? Find out about lenders that won't check your credit history.

Negative marks on your credit file can seriously impact your ability to access credit. If something unexpected comes up and you need quick access to cash, you may feel you have limited options for loans if you have bad credit. If you're in this position, you can consider a no credit check loan. Lenders who offer these loans have more flexible lending criteria than with other loans, making it possible for people with bad credit to apply.

Take a look at our guide below to make sure you decide on a loan that's right for you.

Sunshine Short Term Offer

Borrow up to $1,800 with no credit check

Sunshine Loans offer a no credit check loan with a fast and easy online application to employed borrowers. Apply today to be considered.

  • Loan Amount: $2,000
  • Loan Term: 9 weeks
  • Sunshine Loans do not conduct a credit check
  • Turnaround Time: 30 Minutes - conditions apply
  • Total Cost of Borrowing $100: 20% of borrowed amount + 4% of borrowed amount each month
  • Must be 18+
  • Confidential and secure!
  • No Credit Checks - Must be employed

    No credit check credit loans to compare

    Rates last updated December 5th, 2016
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    Warning about Borrowing

    payday-warningDo you really need a loan today?*

    It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

    Check your options before you borrow:

    • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
    • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
    • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

    The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

    * This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

    How can lenders approve me without a credit check?

    Lenders who offer quick loans with no credit checks base their decision on your current financial situation and your ability to pay back the loan. To do this, they look at your income, if you are currently repaying any loans, how frequently you get paid, and if/how you are employed. If you receive Centrelink, they will look at how much and what type of payment you receive.

    Your repayments are likely to be structured around when you get paid, and lenders often direct debit your repayments directly from your bank account. Lenders need to operate within ASIC's guidelines so cannot charge more than the allowable fee cap (outlined below) and cannot approve you for a loan they don't think you will be able to repay.

    Does everyone who has bad credit need a "no credit check" loan?

    No. There is a range of lenders that will consider you for a loan if you have bad credit, and they will still check your credit history. Just as the case with no credit check loans, bad credit loans are approved using the information you provide in the application, such as how much you earn and whether or not you are employed. Bad credit lenders may also use your credit history to help make their decision, but bad credit doesn't mean you won't be approved.

    If you have bad credit you may want to compare your no credit check and bad credit options to see which one is right for you.

    How much does a no credit check loan cost?

    The cost of your loan will depend on how much you apply for. The table below shows the maximum fees and interest rate you can be charged, according to ASIC.

    Loan amountFeesInterest rate
    Under $2,000Establishment fee: 20% of loan principalMonthly fee: 4% of loan principalN/A (you are only charged fees, no interest)
    $2,001 - $5,000Establishment fee: $40048% p.a. excluding the establishment fee
    Over $5,000N/A48% p.a. including all fees and charges

    Four things to ask when comparing your quick loan options

    It's important to find a reputable lender when looking to apply for a no credit check loan. Unfortunately, there are some 'predatory' lenders that approve loans that people are unable to afford. To avoid disreputable lenders, compare your options and keep the following in mind:

    • What fees will I be charged? All payday lenders are restricted as to how much they can charge in fees. For loans of less than $2,000 repaid in terms of 16 days and one year, they can't charge more than a 20% establishment fee and a 4% monthly fee.
    • Is the company transparent? A lot of these lenders operate online, so you should take a good look at their website before your apply. See how readily available they make their loan information, including fees and rates, and see if they are easy to contact.
    • How quickly can I receive the loan? Lenders offer different turnaround times, so if you need your loan quickly you will need to check this. The quickest turnaround time is usually an hour or two following approval, with the latest being the next business day.
    • Am I eligible for the loan? This is one of the most important questions to ask before submitting your application. While the lender won't conduct a credit check, you will still need to meet other criteria relating to income, employment, residency and other factors.

    What to consider with no credit check loans

    • These loans often have a quick turnaround time, making them an option if you need to access money quickly
    • Set fees allow you to budget for your repayments
    • Lenders offer an online application process, which is a convenient option for borrowers.
    • These loans come with a high cost when compared to standard loans
    • Some lenders may approve loans that you can't afford, so you need to be careful when selecting a lender.

    Is there anything you need to avoid?

    As with all loans, you should be considering the fees and rates that will be charged by the lender before you settle the loan. You should also look at repayment options available for the loan and whether these will meet your budget and personal requirements. Before you apply you should calculate the fees and charges as well as the rates of the loan to see if you will be able to afford the repayments.

    Case Study: Sarah needs to pay rent

    case study sarah loan

    Sarah is a casual night shift fill worker at her local supermarket but hasn't been offered many shifts as of late. She is behind on her rent but has a full roster of shifts for the next two weeks. Her phone bill and electricity are also in arrears, so her credit file is not the best. His immediate family can't spare her any cash, so she decides to research her options for a quick loan that offers no credit check.

    She calculates how much she will need to repay and sets out her budget to repay the loan in full on her next payday. After applying and being approved, Sarah receives the money the next day and is able to make her rent payment. She also sets up a payment plan with her utility providers.

    When her employer next pays her, the loan repayments are automatically deducted from her account.

    How you can apply

    No credit check lenders often have online application processes and some offer instant approval. You will need to provide personal information such as your name and contact number, as well as details of your current finances including income and assets. Generally, you will need to meet the following criteria:

    • Be over the age of 18
    • Receive a regular income
    • Be an Australian citizen or permanent resident

    You will need the following:

    • Personal information. Your name, date of birth, contact details and driver's license number.
    • Employment details. Where you are employed, the nature of your employment and your employer's contact details.
    • Centrelink information. If you receive Centrelink payments you will need these details.
    • Internet banking. You will need your Internet banking information for the lenders to securely access the last 90 days' of your bank statements.
    • Finances. You may need to outline details of your income and expenses. This will be verified using the bank statements the lenders can view.

    Your questions about no credit check loans answered

    How much can I apply for?

    Different lenders have different loan amounts that you're able to apply for, so you can check this before you submit your application. The loan amount you are approved for will depend on your individual financial circumstances and what kind of repayments you can afford.

    Am I eligible for a loan?

    These loans don't require a credit check, so those with bad credit can apply. Eligibility criteria differ between lenders, but you will generally need to be over the age of 18 and earning a regular source of income.

    What will my repayments be?

    If you apply for a loan of less than $2,000 and repay it in less than a year, you will repay what you borrow plus 20% of your loan as an establishment fee and 4% of your loan as a monthly fee. If you borrow more than this, you'll need to check the repayment terms with the lender you're applying with.

    I'm on Centrelink, can I still apply?

    Some lenders will consider your Centrelink payments as a form of income and will let you apply for a loan. There are some restrictions on this, for instance, some lenders will not allow those receiving Newstart apply. Check the lender's criteria before applying.

    Lenders that consider Centrelink applicants

    How quickly will I get my loan?

    This also depends on which lender you apply with. After you're approved for a loan, some lenders can transfer your loan amount to you in a matter of hours, meaning you could have your loan on the same day you apply. If you bank with a smaller credit union or apply outside of business hours your loan may take longer to get to you.

    Can I repay my loan early?

    Most payday lenders will let you repay your loan early and will not charge you any additional fees.

    What if I can't meet my repayments?

    If you think you'll have trouble making your repayments, get in contact with your lender before your repayment is due. They may be able to offer you some sort of payment plan or hardship agreement. If you don't, you will likely be charged late payment fees or default fees.

    Are no credit check loans actually legal?

    Yes. If a lender is certain that you wont face financial hardship or struggle to make repayments, there will be no credit checks performed on your account.

    Where to next?

    We understand that these types of loans may seem risky. Feel free to browse the guides below to get more of an understanding of short term loans.

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    28 Responses to Get a loan that doesn’t require a credit check

    1. Default Gravatar
      Kristijan | August 15, 2016

      Ive got approved for a loan and the lady who called me says i need to just sign the contract and ill get the loan i said ok but because I was at work i got a sms 45 minutes later saying the contract was rejected dew to not signing why i specifically told her i would do it at 4:30 she called me at 2:05

      • Staff
        Elizabeth | August 18, 2016

        Hi Kristijan,

        Thanks for getting in touch and apologies about your application.

        Unfortunately the applications are handled directly by the lender you’re applying with, so you’ll need to contact them directly to have this resolved. Most lenders have dispute resolution or complaints processes so you may want to consider using these. If the you cannot resolve the dispute with the lender you can advance the matter and lodge a dispute with the credit ombudsmen.

        I hope this helps,

        Elizabeth

    2. Default Gravatar
      CAROL | June 15, 2016

      DO YOU THINK YOU WOULD BE ABLE TO HELP GET A LOAN TODAY.I REALLY NEED YOUR HELP TODAY

      • Staff
        Elizabeth | June 15, 2016

        Hi Carol,

        You can apply for a no credit check loan and may be approved today, depending on your loan application and your financial situation, but you will not receive your funds until tomorrow. You can click through to the review pages above by clicking on the lender’s name to see the eligibility criteria and find a loan you’re eligible for, and click “Go to Site” when you’re ready to apply.

        I hope this has helped,

        Elizabeth

    3. Default Gravatar
      Jane | December 15, 2015

      I need to hire a car to get to my 87yo father at Christmas but it seems all the car hire companies will only rent if you provide a credit card in your name. I have not had a credit card for 5 years and am still working my way out of some very bad debt. Are there any credit card providers that will provide me a credit card so that I can do the car hire, even with a bad credit record? And can they issue one quickly?

      • Staff
        Elizabeth | December 15, 2015

        Hi Jane,

        I’m unaware of any credit card brands who will approve you for a card while you have bad credit. However, you still have some options. Some car rental companies accept credit cards in another person’s name as a hold, so if you have a person who is willing to offer their card for you to hire a car then this is an option to consider. Car hire companies may also just require the card to be MasterCard or Visa-branded, so the card may be a debit card. If not, ask if you can put down a deposit for the vehicle. If you are considering a payday loan to cover this amount, some brands offer debit cards that are Visa and MasterCard-branded that you can read about here.

        I hope this information has helped.

        Thanks,

        Elizabeth

    4. Default Gravatar
      stephen | November 30, 2015

      Hi,I need HELP BADLY.I am on a Disability Pension which is my only income.I have got myself in debt over the years,not threw my fault,because of this I went bankrupt two years ago,and it shouldn’t had happen.I have accured debts which I cannot pay out right. I have applied to so many places,to get out of debt,and always get a no go.I am trying to borrow $5,000 to clear my name.This loan I need will clear my name,if some one would give me a chance.Could u PLEASE HELP ME.

      • Staff
        Elizabeth | November 30, 2015

        Hi Stephen,

        I’m unable to recommend a specific lender to you but I can direct you to a few of our guides and places that will be able to help. We have a guide on bankrupt loans that you can read here that will also show lenders that will lend to you while you are bankrupt, and we also have a guide on borrowing while you are unemployed that you can read here, which also details some community financial assistance programs you may want to consider.

        If you are looking for some personal financial advice you can give this free financial hotline a call on 1800 007 007.

        I hope this information will be of use.

        Thanks,

        Elizabeth

    5. Default Gravatar
      Patricia | November 19, 2015

      Hey there im a mother of 2 a 4 year old and 15 month old and have really bad credit rating and I get 480 bucks a week I am trying to get an 800 loan to buy them a puppy for Xmas any ideas every we’re is turning me down am willing to pay it back weekly

      • Staff
        Elizabeth | November 20, 2015

        Hi Patricia,

        The lenders on this page do not conduct credit checks, but they will look at other factors to determine whether you can afford a loan. This includes your income, your expenses and the reason you are taking out the loan. So while your credit rating may not be a factor for these lenders, they may determine that in your current financial circumstances you cannot afford the loan. The two lenders on this page have maximum terms of 30 and 32 days respectively so you will need to pay the $800 back over a period of 4 weeks plus a 20% establishment fee and 4% monthly fee/s. If this will not be affordable on your budget then it’s best not to apply. These are standard fees for payday lenders.

        It’s also important to keep in mind that while purchasing the dog is a once-off cost, they are quite expensive to maintain – we’ve broken down the costs of owning a dog in this guide that might be good to take a look at.

        I hope this information will help.

        Thanks,

        Elizabeth

    6. Default Gravatar
      Daniel | October 21, 2015

      Hello I just need some urgent help I’ve got a lot of small loans and I’m struggling I just need some help to consulate them all in one i was hoping if you could help I just need one payment please help

      • Staff
        Elizabeth | October 22, 2015

        Hi Daniel,

        Thanks for your question and sorry to hear about your situation.

        As a financial comparison service we’re unable to offer any personal advice, but you can give the free financial counselling service a call on 1800 007 007. You can also take a look at our bad credit debt consolidation guide on this page.

        I hope this has helped.

        Thanks,

        Elizabeth

    7. Default Gravatar
      | September 6, 2015

      HI
      I AM LOOKING TO BUY A WASHING MACHINE AS MY OLD ONE HAS SEEN A FEW TOO MANY WASHES. LOL! HOWEVER, I HAVE A VERY, VERY BAD CREDIT HISTORY. WITHOUT GOING INTO IT TO MUCH, I WAS WORKING FULLTIME WHEN I TOOK OUT A FEW SHORT TERM LOANS. (IT BECAME A CASE OF ROBBING PETER TO PAY PAUL,SO TO SPEAK). IN THE MEANTIME I BECAME ILL AND WAS FORCED TO GO ONTO A SICKNESS ALLOWANCE WHICH LEFT ME UNABLE TO MEET MY REPAYMENTS. I AM NO LONGER WORKING FULLTIME AT THIS POSITION BUT I AM NOW A FULLTIME CARER AND I RECEIVE THE FULL CARER PAYMENT WHICH IS AROUND $1104 P/F.
      I AM FINDING IT DIFFICULT TO GET A LOAN DUE TO MY POOR CREDIT HISTORY AND I WOULD LIKE TO BE GIVEN A CHANCE TO REDEEM MY HISTORY AGAIN IF SOMEONE WAS WILLING TO GIVE ME THE CHANCE AS BEFORE I BECAME ILL MY CREDIT HISTORY WAS VERY GOOD.
      THE ONLY OTHER PROBLEM I HAVE, IS THAT I DON’T HAVE AN ONLINE ACCOUNT SO WHAT I WAS WONDERING, WAS THAT IF SOMEONE OUT THERE WAS WILLING TO GIVE ME A GO, IS THERE ANOTHER WAY OF PROVIDING THINGS SUCH AS MY INCOME ETC AS PROOF AS I AM FINDING IT DIFFICULT WITHOUT AN ONLINE ACCOUNT AS I DON’T USUALLY FEEL THAT I NEED ONE AS I JUST SIMPLY GO TO MY BANK.

      • Staff
        Elizabeth | September 7, 2015

        Hi Michelle,

        Thanks for your question.

        I can’t recommend a specific lender to you, but you can find out more about borrowing while unemployed/receiving benefits on this page. In terms of proving your income without an online account, you can usually fax statements over of your bank account or provide statements from Centrelink to prove your income. You may also want to consider a low/no interest loan that is provided by Good Shepherd MicroFinance as you are looking at purchasing an essential household item. These loans are detailed here.

        I hope this will help.

        Thanks,

        Elizabeth

    8. Default Gravatar
      owen | August 5, 2015

      Hi I’m looking to get a loan to pay out my loan and old bills and sper so I can pay for only one payment not five or six can you help me I’m looking 4 about 12500

      • Staff
        Elizabeth | August 6, 2015

        Hi Owen,

        Thanks for your question.

        You can compare debt consolidation options, and also apply for one you’re eligible for, on this page.

        I hope this has helped.

        Thanks,

        Elizabeth

    9. Default Gravatar
      Diane | June 30, 2015

      I need to borrow 4000$ for a funeral asap. Can you help me please. I have a bad credit I do work earn $1800 p/ fortnight after tax

      • Staff
        Elizabeth | July 1, 2015

        Hi Diane,

        Thanks for your question.

        You can compare lenders that don’t require a credit check on the page above, and also lenders that will consider you for a short-term loan even if you have bad credit on this page. Once you’ve found a loan that you’re eligible for and that you want to apply for, you can click ‘Go to Site’ to submit an application.

        I hope this has helped.

        Thanks,

        Elizabeth

    10. Default Gravatar
      Narges | June 18, 2015

      Hi,just i want to know can i get 12000$ with bad credit history .I am working part time and i borrow every fortnight 1210$ after tax do yo think i can apply for that price ?
      thanks
      best regards

      • Staff
        Elizabeth | June 18, 2015

        Hi Narges,

        Thanks for your question.

        Lenders will look at not only your income but your ability to meet your repayments and your other financial circumstances. These two lenders do not carry out credit checks, and will instead look solely at your financial circumstances and other information when judging your suitability for a loan. That being said, many short-term lenders compared on this page will also consider you for a loan if you have bad credit. You can take a look at the eligibility criteria by clicking through to the review pages and once you’re ready to apply, click ‘Go to Site’.

        I hope this has helped.

        Thanks,

        Elizabeth

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