Loans : Home Loans, Bad Credit Loans, Mortgage, Debt Consolidation Loans

HoneyLoans.com.au is a leading expert in bad credit loans, bad credit mortgages & debt consolidation loans. Defaults? Arrears? Bad credit rating? Bank said "No"? Let us help you to get your home loan, mortgage refinance or debt consolidation loan. We can help you
to repair your credit rating. We are delighted to have the opportunity to help you achieve your goals.

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Are You Looking For a
Bad Credit Mortgage?

Honey Loans' Accreditations

FBAA COSL

Bad Credit Applicants Welcome

Wouldn't you prefer to have an experienced broker look after your financials? We have brokers with years of experience that have assisted thousands of clients. Allow yourself to benefit from our experience , and our lower rates.

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We get asked this question dozens of times each and every day. The answer will depend on the type of loan you are looking for and the specifics of your situation.

Borrowing with bad credit

Home Loans and Mortgage Refinance

You may qualify for a bad credit home loan if you are not currently in bankruptcy or a part 9 agreement. You are able to apply for a home loan from the first day that you are discharged. To qualify you need to have at a minimum 20% deposit, or 20% equity in the property you would like to refinance. Maximum loan possible is to 80% of the value of your home.

Any FHOG you may be entitled to, can form a part of your 20%. However if there are additional purchasing costs that may be incurred (such as stamp duty on purchase) these need to be covered by the applicant from own funds.

Unsecured Personal Loans

If you have any paid or unpaid defaults on your credit history or you have previously been bankrupt or held a part 9 agreement – your credit report will reflect this fact for at least 5 years after the debts are fully paid out. During this time you will not qualify for any unsecured loans.

Just because you were 1 week late with a credit card payment, does not mean you have a bad credit history. A late payment here and there may not prevent you from qualifying for an unsecured personal loan.

Secured Personal Loans

Unsecured Debt Consolidation Loans

Unsecured personal loans are not available to people with bad credit. If you are struggling with your outstanding debts and are looking for some assistance with debt elimination we may be able to assist. To qualify for assistance you need to not have been previously bankrupt or in a part 9 debt agreement.

If you owe more than $8000 for any of the following:

Credits cards;
Personal loans;
Unpaid tax, phone and electricity bills;
Outstanding debt to Centrelink;
Debt through repossessed cars;
Other unsecured loans?

We can offer you a solution that can have you debt free within 2 – 4 years.

Enquiry

Payday Loans

A Pay Day loan provides a flexible option of raising cash for any purpose. Whether it is to pay the rent, mortgage or car payment, a pay day loan is available for use as you wish. A number of Pay Day Lenders in Australia offer loans without a credit check . Therefore if you have some history of bad credit and require a small short term loan, why not take out a pay day loan? In most cases money will be in your account in a matter of hours.

Enquiry

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