Bad Credit loans for imperfect credit

Credit bumps happen. We’re here to explore lending options that look beyond the score. Ask about bad credit loan choices that fit where you’re heading. Apply online in just minutes.

Bad Credit Loans

Ways to borrow

Bad credit loans – the nitty gritty

Even if you’ve had credit troubles in the past, we may still be able to help you find finance that fits your situation. A bad credit loan can also be a chance to rebuild your credit by showing a solid record of on-time repayments. It’s important to be across the fees and interest rates, so you know exactly what to expect.

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Loan Term

We’ll find a timeline that works for you – anything from one to five years. 

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Loan Purpose

Home renovations, debt consolidation or financial emergency. Whatever you have going on, we’re here to help.

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Loan Repayments

Whatever works for your wallet - weekly, fortnightly, or monthly.

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Loan Interest Rates

Enjoy competitive rates personalised to your credit history and loan setup.

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Loan Fees

No surprises here — all fees are clearly outlined from the start. 

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Secured or Unsecured

No matter your situation, we’ve got options. If you have an asset, you may be able to secure a lower rate.

$15,000
48 months
10.95%

Loan Calculator

$92

Weekly Repayments

$400

Monthly Repayments

$19,200

Total Amount Repayable

The repayment amounts shown include Establishment and Introducer fees totaling $495 and a PPSR Fee of $8.05. These fees are examples only and they exclude ongoing fees. The actual fees charged may vary based on your circumstances and the chosen lender.

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Smart Borrowing

No matter your track record, our team can provide solid advice. They know loans aren’t just about the money; they about your lifestyle. 

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Personalised service

Our team will work with you to find a loan solution that suits your needs, whether that’s secured or unsecured.

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Quick, No-Stress Loans

We do the heavy lifting and move fast—so even with bad credit, you can get the loan you need without the hassle.

We’ve helped 60,000 Kiwis turn “Stuck” into “Sorted.”

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Apply online (it’s easy!)

Even with a rocky credit history, it only takes a few minutes to apply. Our form is fast, secure, and won’t hurt your credit score.

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We find flexible lenders

We work with specialist lenders who look at the full picture — not just your score — to help find a solution that works for you.

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Quick and fair approval

Send through your documents and we’ll push for a fast, fair decision. We know timing matters when you’re trying to reset.

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Rebuild with confidence

Same-day funding means you can start making progress fast — with one manageable repayment and a clearer financial path forward.

Bouncing back from bad credit

A bad credit loan is for people who’ve hit a few bumps with credit but still need access to finance. Depending on your situation, it could be secured (using something like a car as security) or unsecured. Lenders will still check that you can afford the repayments, and making them on time can actually help you rebuild your credit over time. It’s a realistic option if your credit’s not perfect but you’re ready to move forward.

Bad Credit Loans

FAQ

Bad credit loans - the details
Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

How does credit history affect loan repayments?

Your credit history plays a big role in how much you’ll pay back on a loan. A strong credit history often means access to lower interest rates and better loan terms, which can reduce your overall repayments. On the other hand, if you have a patchy or poor credit history, lenders may charge higher interest rates to offset the risk — which can make repayments more expensive over time.

Can I borrow money with a bad credit score?

Yes, it’s still possible to borrow money with a bad credit score, but your options may be more limited. better finance™ specialises in loans for people with less-than-perfect credit. While the interest rates might be higher and loan terms tighter, having a steady income and meeting basic criteria can help you qualify. It's also a chance to rebuild your credit by making regular, on-time repayments.

What interest rates apply to bad credit loans?

Interest rates for bad credit loans are typically higher than standard loans due to the added risk for lenders. Your rate will depend on factors like your credit score, income, and loan amount. We’ll always aim to match you with the most competitive option available for your situation.

Are there fees with bad credit loans?

Yes, there can be fees such as an Establishment Fee, Introducer Fee, or ongoing account fees. We'll explain all the fees associated with your loan so you know exactly what you're getting.

What are bad credit loans and how do they work?

Bad credit loans are designed for people with a poor or limited credit history. They work like any other personal loan — you borrow a set amount and repay it over time with interest. Lenders assess your income and ability to repay rather than relying solely on your credit score.