Are you looking for bad credit finance or a bad credit loan to try to pay off old debts?
Loans For People with Bad Credit
In the current climate, it can be difficult to secure a loan or finance without a perfect credit history. Lenders are increasingly wary of offering bad credit loans or bad credit finance because of the perceived risk involved.
However there is another way and if you’re after loans or finance to deal with existing debts, we may be able to help you with an alternative.
As one of Australia’s leading Debt Agreement administrators, we help people break free from debt using Part 9 Debt Agreements, Part 10 Insolvency Agreements and Bankruptcy. Unlike a loan for bad credit, Part 9 and Part 10 arrangements involve freezing the interest on your debts and reducing them to a more manageable amount. In contrast, under all your debts (barring a few exceptions that we can discuss with you) are cleared.
So if you’re struggling with debt and have bad credit, don’t just try to take out a loan to deal with your debts. Talk to us first and see if a Part 9 or Part 10 arrangement might be a better way out of debt for you.
