Can finance be obtained with bad credit?

We have helped many people obtain finance even when there is bad credit. Indeed, the various forms of bad credit include:

1. Firstly, minor defaults such as telco, electricity and gas credit defaults with <$1000 value.
2. Secondly, severe defaults such as defaults >$1000 value defaults.
3. Thirdly, court judgements and writs such as from the Australian Tax Office.
4. Finally, business wind-up orders such as creditor and ATO wind up proceedings.

However, specialist lenders do understand credit issues which means they don’t need to be a life long jail sentence.

Loan assessments use a diverse range of information. Mostly, information such as income, property equity, your type of property and your credit history. Consequently, lenders make approval decisions based on all this information, including your credit history. Hence, credit issues don’t immediately eliminate the chance of loan approval.