Personal Loans with Unpaid Defaults
Access second-chance financing with a bad credit personal loan found through Savvy’s partnered lenders.
Most of us encounter financial struggles from time to time, so it’s not unusual to end up with a default on your file if you can’t quite keep up with repayments. You can find personal loans for you, even with unpaid defaults on your file, with Savvy's flexible lending partners today.
The features of personal loans for borrowers with unpaid defaults
Perhaps most importantly, personal loans can be utilised in any way you like, from consolidating debt to paying for a getaway for you and your family.
You’ll be able to borrow any amount from as little as $2,000 up to $12,000, provided you can show that you’re capable of supporting your loan’s repayments comfortably.
Your personal loan application can be turned around and your funds can be sent through to you in as little time as one business day after applying.
You also won’t be required to make any lump-sum payments such as a deposit on your loan, with all fees and interest built into your weekly, fortnightly or monthly repayments.
Why borrowers with unpaid defaults choose Savvy to help find a loan
How to get approved for your personal loan with unpaid defaults
Take steps towards improving your credit rating
Just because you have unpaid defaults doesn’t mean you can’t help your credit score in some ways. As long as your defaults remain unpaid, you’re unlikely to make any significant strides in improving your rating, but there are things you can do to improve it slightly.
Lowering the limits on your credit cards and getting rid of those which you don’t use are methods you can take to increase your score.