Club Money

With a stylish presence online and a growing presence in the market, a blacklisted loan from Club Money is often not as difficult to secure as many believe.

Although obviously compliant with legislation, this company has done the necessary homework to enable its many prospective clients.

Bad credit loans: Everyone deserves a second chance

All welcome and most leave smiling

Pitching its fast loans as an alternative for prospective clients who have been denied a loan elsewhere, Club Money is astutely geared towards this sector of the Australian population.

While certain preclusions remain (individuals whose income is solely derived from Centrelink will not qualify), as long as one meets their lending criteria, a bad credit history will not disadvantage you and you can access their very bad credit loans with guaranteed approval.

Everyone deserves a second chance

Endearing themselves to consumers through their “everyone deserves a second chance” attitude, this company is on the ball when it comes to loans.

For a bad credit online loan application, Club Money will take primarily recent banking history into consideration and recognises emerging capacity to repay a loan. Well presented and sleek in design, the website gives all necessary information required by any prospective client and their helpline is always available for queries, 9 am to 9 pm.

Utilising the online application form will see a client with funds available often on the same business day or the day following application.

The offer of a bad credit loan is extended to anyone making $1000 a month in take-home earnings. In addition, 100 points of ID is required.

Are you self-employed?

Although not visible in the FAQ upon scroll-down on the bad credit loans page, self-employed clients will qualify based on the above as well as the criteria of being 18 or older, an Australian citizen and a bank account in good standing in their name.

Submitting details electronically is simple enough and the process has been pared down to render it unobtrusive and logical.

How much is enough? Get your very bad credit loans with guaranteed approval 

Short term loans are capped at $1500 and start at $250. 30 days of banking in good standing, along with that minimum $250 a week income will see any consumer aided by this company.

Although small in size to some, the offer has been widely utilised by many Australians. A well managed bad credit loan from Club Money will also go towards reestablishing a client’s credit rating over the long term. A bad credit loan of $1000, for an example, will cost $1350 over 180 days. The minimum term is 16 days and 180 the maximum.