If you’re dealing with a bad credit score, choosing the right loan can feel overwhelming. We’ve done the research for you. Below, you’ll find a side-by-side comparison of Australia’s top lenders offering loans to people with poor or no credit history.
Quick Loan Comparison Table
| Lender | Loan Amount | Term | Typical Rate | Turnaround Time |
|---|---|---|---|---|
| Money3 | $2,000–$10,000 | 6–36 months | From 14.99% p.a. | Same Day |
| Wallet Wizard | $500–$5,000 | Flexible | 20%–40% p.a. | Within Hours |
| Sunshine Loans | $2,000–$5,000 | 9–24 months | From 20% p.a. | 1–2 Days |
These lenders consider your current income and affordability, not just your credit score.
Which Loan is Right for You?
Need a larger amount and longer term? → Choose Money3 if you can prove regular income.
Need fast cash under $5,000? → Wallet Wizard has one of the fastest approval times.
Looking for flexibility in repayments? → Sunshine Loans offers manageable weekly or fortnightly options.
Quick Tips Before You Apply
✅ Only apply for one loan at a time
✅ Make sure your income can support repayments
✅ Prepare documents: ID, payslips, bank statements
✅ Review all fees, comparison rates, and conditions
Need Help Choosing?
Not sure which option fits your needs best? Read our guides below for more clarity:
