Rating based on 14 reviews

Credit24 Loans

  • Loans bad credit up to $10,000
  • Low-interest up to 48%
  • Repayment up to 36 months

In-page navigation

Credit24 Loans homepage
Author Credit24 Loans. Screenshot of Credit24 Loans website.
[Accessed May 24, 2023]

About Credit24 Loans

The absence of money during hard times often hits many Australian households. Emergency situations cannot be planned or budgeted for so a personal loan in such times should be easy to obtain.

Credit24 is a smart and detailed portal offering relief for any Australian looking for a fast cash loan. Well presented Credit24 are offer solutions for clients that have poor credit or are looking for a small cash loan they can obtain in the comfort of their own homes.

Credit24: A lender you can lean on

Based in Sydney, Credit24 was launched in Australia in 2012 with a mission to provide simple, flexible, and personalized loans to make the short-term loan application process easier and more accessible. Their dedicated team in Sydney is available seven days a week to provide support and assistance to customers.

A Part of IPF Digital

Credit24 is a part of IPF Digital, the fintech division of International Personal Finance plc. With IPF Digital operating the world's largest home credit business and serving millions of customers globally, Credit24 benefits from the expertise and resources of this established organisation.

Responsible lending and affordable credit

Credit24 aims to make a positive impact in society by offering affordable credit to individuals who face challenges in obtaining loans from traditional banks and lenders. They prioritize responsible lending practices, ensuring that loans are affordable and providing flexible repayment options. Through their services, customers have the opportunity to build a strong credit history.

Trustworthy alternative to traditional banking

As a regulated non-bank financial institution, Credit24 provides a trustworthy and secure alternative to traditional banking services. They specialise in lending products and are committed to serving customers' financial needs in a safe and responsible manner. With their 100% online platform, Credit24 offers convenience and flexibility to borrowers.

Global reach

While Credit24 maintains a local approach, they have expanded their operations globally. In addition to Australia, they operate as Credit24 in Estonia, Latvia, and Lithuania, and as Creditea in Estonia, Latvia, Lithuania, Czech Republic, and Mexico. This global presence allows them to serve a diverse range of customers and meet their financial requirements.

Privacy and data security

Credit24 prioritises the privacy and security of customers' personal information. They are committed to protecting customer data and adhere to strict privacy policies. Detailed information about data collection, storage, and usage can be found in their Privacy Policy.

Credit24 is a reliable provider of simple, flexible, and personalized loans. With their commitment to responsible lending, affordable credit, and secure online services, they offer customers a convenient and trustworthy solution for their financial needs.

A simple application

Credit24 have a simple online loan application process and can help you get your money on the very same day that you apply! Credit24 claim an overnight payout of any clients loan - post acceptance – meaning you do not have to wait around for the cash!

A host of info

Some of the intel offered by way of explanation may seem a little frank or negative, with terms such as “bad credit” being employed in places, however in their favour, they capably meet if not exceed legislated information requirements for any consumer thinking of loaning a bad credit loan.

Credit24 Loans Services

A prospective client can choose from a diversified offer at Credit24. They streamline things somewhat by categorising products in order for clients to make an informed decision.

Credit24: A Trusted Lending Institution

Diverse loan options to meet your financial needs

Credit24 offers a wide range of loan options tailored to accommodate the varying financial requirements of individuals. Whether you need a smaller loan for everyday expenses or a larger loan for unexpected costs, Credit24 has you covered. Their loan amounts range from $500 to $10,000, ensuring flexibility to suit different borrowing needs.

Quick and convenient application process

Applying for a loan with Credit24 is a hassle-free experience. The process is designed to be quick and straightforward, allowing applicants to complete it within minutes. After submitting the application, borrowers can expect to receive an immediate response, saving them time and providing peace of mind.

Flexible repayment options and same-day payouts

Credit24 understands the importance of flexibility when it comes to loan repayments. Borrowers can choose a repayment term between 6 and 36 months, with fixed upfront repayments. This transparent approach ensures borrowers can plan their finances effectively. Additionally, if approved, Credit24 ensures a same-day payout, transferring the funds promptly to the borrower's account.

Personal loans for all credit histories

They recognise that not everyone has a perfect credit history. That's why they offer personal loans to individuals with no credit history or lower credit scores. Their inclusive approach extends to casual workers and the self-employed as well. Credit24 aims to provide financial assistance beyond traditional channels, ensuring that more people have access to the funds they need.

Credit24 is a trusted lending institution that offers diverse loan options, a quick application process, flexible repayments, and same-day payouts. Their commitment to serving individuals with varying credit histories sets them apart as a reliable choice for personal loans.

About small loans

Small bad credit loans offer anything from $300 to $2,001 and their repayment term starts at 3 months with capped fees and rates. These rates are capped at a 20% establishment fee which is once-off and an ongoing 4% monthly account management fee.

Medium loans

Medium loans are the next step up and are usually a little larger than a simple short-term loan or small loan. One can pay this amount off not only as a lump sum but in a few instalments of up to 24 months.

While of course terms will fluctuate slightly, the maximum APR that can be applied to medium term loans is 48% per annum with a maximum loan amount of $5,000. These bad credit loans are often of no higher initial amount yet can be paid back over a year or sometimes slightly more. It is usual, with this option, that the time drag amounts to greater interest charged and thus a more expensive loan.

Credit24 Loans – Bad credit loan

  • Loan Type Loans bad credit
  • Interest Rate 48%
  • Loan Amount up to $10,000
  • Repayment 90 days to 36 months

Benefits of Credit24 Loans

  • Affordable loan terms up to 36 months
  • Low-interest rates starting from 48%
  • Bad credit loans up to $10,000

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Credit24 have a simple online loan application process and you get your money on the very same day that you apply!

From the relative simplicity of an easily manageable cash loan of a few hundred dollars to be paid back in comfortable and affordable payments all the way through to a larger personal loan, Credit24 have gone the extra mile to refine and intensify its product range.

This gives them a far broader appeal across demographics and they are patronised by a more diverse range of clients.

Understand your options

It should, however, be noted that a standing overdraft arrangement with an established bank is usually going to come in at a lower rate of interest for most people and remains a cheaper option.

If you’re looking for a hassle-free bad credit advance that you can get quickly and easily online then Credit24’s options are ideal for you. They're reliable and will always serve you with respect whether you’re a new or existing customer. In all, Credit24 offers a quick loan option, especially for people who need a loan to take care of a financial emergency.

Transparent loans

Credit24 value transparency and are therefore completely upfront about how much your bad credit loan will cost you. We clearly outline all of the fees that come with your loan and disclose this to you in a very simple and straightforward manner so that you can understand what you are agreeing to before agreeing to it.  However, if you still need some clarity here and there, simply contact their customer service team and someone will gladly talk you through the pricing.

Flexible repayment options

Aiming to ensure that we meet your loan needs throughout the entire process, Credit24 offer you flexible repayment options which allow them to find a structure that suits your needs. So you can enjoy the benefit of choosing a repayment schedule that you can keep up with comfortably.

Excellent customer service

Their customer service team is friendly, supportive and professional. Whatever your needs may be, they're available to you to guide and help you throughout the process.

Self-employed applicants

If you're self-employed, you're welcome to apply for a loan. Just make sure that you can provide Credit24 with your latest Tax Notice of Assessment in order to prove your income should your application be successful.

man holding thumbs up

Credit24 Loans is a trusted & reliable provider of loans bad credit

In our review, Credit24 Loans adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ Credit24 Loans is a registered credit provider in Australia: ACL 422839

Customer Reviews & Testimonials

August 2018

Credit24 helped me with a bad credit loan so that I could take my family on a well-deserved holiday. They are the only lender that was willing to give me a loan even with my credit history and fo...

Harry W
— Perth —

February 2019

Even on a Sunday, I got a quick response! I applaud your customer service.

Sarah T
— Canberra —

April 2019

I applied for a bad credit loan and got my money on the same day. I love how fast the process was.

Hailey M
— Brisbane —

Credit24 Loans Contact

Contact Number



Physical Address

Opening Hours

  • Monday 08:00 – 22:00
  • Tuesday 08:00 – 22:00
  • Wednesday 08:00 – 22:00
  • Thursday 08:00 – 22:00
  • Friday 08:00 – 22:00
  • Saturday 09:00 – 17:00
  • Sunday 09:00 – 17:00