How to Get a Loan if You Have a Poor Credit History

Are you concerned that you need to borrow money, but wouldn’t qualify because your credit score isn’t high enough? The good news is that you can likely get a loan if you are employed and receive income. Some lenders are more interested in your ability to repay and will not let a poor credit score prevent them from giving you a loan.

If you have bad credit and need a loan, a payday loan can help you. This is where you borrow money and repay it when you receive your paycheck. If you receive another type of income, such as benefits, then you would repay when you receive that income. Because you are employed, your employment will be the consideration for offering you a loan, even if your credit history is not that great. Learn more about this type of lending below.

What are Bad Credit Loans?

A bad credit loan is for people who do not have great credit, but still desire to have a loan. There are lenders who will issue “payday loans” to people who have bad credit. These types of loans are typically repaid quickly, when you receive your pay cheque. The best way to get a bad credit loan is to apply with Kiwi Cash.

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What are Loans for Bad Credit?

Payday loans are for people who need an emergency loan, but are unable to get one from the bank or other sources that check a person's credit history and discover poor repayment activity in the past. In cases like this, where can you turn if you are unable to seek help from friends and family? The answer for many people is to get a payday loan for bad credit. These tend to charge a higher interest rate, and demands a shorter time for repayment. They may be repaid at one time, or over a series of instalment payment stretching months. Many banks only tend to lend for years, and wish to loan larger amounts. A bad credit loan can be a method to get the emergency funds you need to get through to your next pay cheque.

Having poor lending history, by itself, should not be a reason to prevent you from borrowing cash. There are other factors considered, such as your employment, the type of benefits you receive, the amount you are requesting and more. Most lenders assume that people seeking an emergency loan have a poor history of borrowing, fortunately other factors (such as employment) are often weighted higher in importance. The only way to know for certain whether you qualify for a bad credit loan is to submit your application. Do so today and receive a quick decision on whether your application is accepted.

Is there such a thing as "guaranteed" loans for bad credit?

It's easy to understand why people want a guaranteed loan. If you feel your lending history may be disqualifying, it's natural to want to skip that and get a guaranteed loan for bad credit. Fortunately, payday lenders realize that often, people who need fast cash for unexpected bills typically have a poor lending history. This means the acceptance rate, while not a 100% loan acceptance rate, is still higher than you may imagine. Consider applying today for a bad credt loan, as it is free and you will know for certain whether you can qualify.

Everyone cannot be guaranteed funding. I'm certain you can imagine circumstances that would disqualify someone from borrowing money. Payday lenders are more likely to lend to those who do not have a perfect score because interest rates and fees are higher. It is a riskier proposition, and that risk gets built into the cost of borrowing. If you cannot borrow money any other way, this option may be the best available to you. It is free to apply, so submit your application today and receive a quick decision on whether you qualify to receive a payday loan.

What are bad credit loans with no credit check?

If you need an emergency loan and do not know where to turn for cash to get you through to your next pay cheque, and if your credit is poor, consider submitting your application with us. You can apply for amounts ranging between $100 and $1000. Following are hypothetical amounts you could qualify for.

Payday Loans for Bad CreditAmount
Fast Bad Credit Cash Loans$100
NZ Beneficiary Loans for Bad Credit$200
Lending Companies for Beneficiaries NZ$300
No Credit Check loans for Bad Credit$600
Bad Credit Student Loans$700

Often during people's lives they find themselves in the need of immediate, cash but are unable to secure it due to having bad credit. What they need is a loan for bad credit. During times of crisis like these, people will rely on their friends and family to get them through until their next pay cheque. Not everyone has this luxury, however, and so payday loans fill the void. If you need fast cash and are unable to acquire it in any other way, consider filling out our application today and apply for a quick cash loan.

Unsecured Loans for Bad Credit

What is an unsecured loan? They are a type of loan that does not require collateral and allows someone to borrow money. While we cannot guarantee 100% acceptance, if you are unemployed but are receiving benefits, we will try to assist you in obtaining the quick cash you need to resolve your financial crisis.

If you have poor credit, and also do not have a job, you may still be able to get a loan if you are currently receiving beneficiary payments. These can take many forms, but all boil down to receiving payments on a fixed timeline. Sometimes this may result from receiving regular payments from a will or trust fund payouts. If you know you are receiving funds in the future and you can show it on paper, you likely can get a loan.

Loans for Poor or Very Bad Credit

What are they? They are where someone feels their credit is so bad it would impede their ability to secure a loan, and therefore prefer that no credit check take place. We are an introducer of loans, and as such we find some of the lenders we work with require one, while others do not. It will depend on your circumstances and the requirements of each lender as to whether they request a credit check.

Variables that apply are whether or not you are employed, how long you have been employed, the amount of money you are requesting and more. The information on your application may cause a lender to desire require one. In some cases, lenders may provide no credit check loan NZ, other times they will not.

Often, those seeking to borrow money are doing so because of a crisis financial situation. This is a common occurance which afflicts many people in New Zealand. If you are short of funds before having received your pay cheque, consider using our service by filling out an application today.

Other types of loans we offer:

Loans for Really Bad CreditLoans for Bad Credit
Bad Credit Secure LoansCash Loan Today
Emergency Loans Bad CreditLoan Bad Credit

What are Bad Credit Loans for Benefits?

If you are on benefits, but are unemployed with bad credit, do not let this prevent you from applying. You may still qualify to borrow money if you are on benefits, or are a beneficiary receiving payments from a will or other structured settlement. Some examples of beneficiary income include wills, trusts, court settlements and other forms of payment you receive on a scheduled basis.

Many people believe it is impossible to get a bad credit payday loan if you are not employed. This isn't true, you can qualify for a loan if you are receiving some type of income, and it doesn't necessarily have to be from employment. One method of receiving income is from "benefits". What are benefits? They are a type of income that isn't specifically from employment. They could be governmental benefits, or payments from a will or trust. They could be from you receiving payments based on holding a contract, such as renting out property to an individual. All of these could potentially qualify someone for bad credit beneficiary loans.

It is free to apply for a bad credit loan with us. It is an easy loan process, click apply and submit your application within minutes. Receive a quick, sometimes same day response as to whether we can fund your request. We are happy to assist you in getting the cash you desperately need.

What are Unsecured Bad Credit Loans Instant Decision

They are loans which do not require collateral, and give a quick response to your application. After you submit your application to us, you will receive a near instant decision on whether the loan request is accepted. They do not require collateral because they depend more on your employment and ability to repay the loan.