A loan with bad credit is possible¹ with Cash Train - we’ll give you a go!
Rated 4.2 — based on 315 Google reviews
Fast processing. Polite & great willingness to assist with application process. Willing to assess applications on individual circumstances, including Centrelink recipients. If they are unable to approve a loan for the amount you applied for, they may be willing to offer a lower amount for approval of loan. If you have an enquiry, staff are polite, professional, understanding & listen to explain & positively assist with all enquiries.
Thanks so much cash train you guys are awesome helped approved loans easily 5 stars
✨️Imagine you are looking for the BEST money lender in Australia. Even giving up after refused by the big banks or bad credit rating.. Please give Cash Train a go✅️ I have now been a proud and loyal cutomer for many years and there customer service and fair rates + options for loans have honestly proven too be the Best 💵🏅 Give them a go now! + Thank you so much for my recent loan it came at the perfect time..
100% Amazing. Highly recommend Cash Train. Quick response and the cash is in your account straight away.
Quick and easy process, they will call if they want to know more and the funds are in within 30mins
Took about two weeks to get approved but once approved the funds was in my bank in 24hours
Same day application is excellent. Thanks.
They helped me with reasonable rates and even though I'm on centrelink benefits. Thanks for trusting me cash train ❤️
Very happy with the service and how I was helped from you guys it is much appreciated thank you cash train
Very efficient friendly and accommodating there for you when everything seems hopeless absolutely no fuss loans thank you 😊
Great service, follow ups etc. I would recommend this service.
Nice and easily and got my funds within 20 mins
Having bad credit does not automatically mean you cannot apply for a loan with Cash Train¹. We look at your current financial situation, including your income, regular expenses, bank statements and ability to make repayments.
As a responsible lender, we need to make sure any loan we offer is suitable and affordable. This means approval is not guaranteed, but past credit problems do not always prevent you from being considered.
Depending on the loan amount (over $2,000) and your circumstances, a credit check may be completed as part of the assessment.
As a responsible lender, the most important thing is that the loan is affordable and suitable for your needs.
We focus more on your current finances, rather than any issues with your credit history.
To qualify, you must:
Existing customers can benefit from a faster borrowing process.
As your trust rating improves with us, you may be able to borrow more on your next loan.
However, the loan should meet your needs and goals¹. You should also be able to afford the higher amount and repay it in full and on time.
Applying for a bad credit loan with Cash Train is simple. We’ll consider your application even if you have had credit problems in the past, with approval subject to our assessment and responsible lending criteria.
Your application
You can apply online at any time - even with money problems in your past. All you have to do is answer some simple questions. It takes just minutes.Assessment
Cash Train will review your income, expenses, bank statements and ability to make repayments. We consider each application carefully and follow responsible lending obligations to help make sure the loan is suitable and affordable.Loan offer
Cash Train could give you a fast conditional loan offer* which outlines your terms while you wait for your loan approval.Loan approval
Cash Train will assess your loan application to give you a fast decision. The assessment will depend on each unique circumstance as we balance speed with responsible lending.Get your money fast
Once we have completed our assessment and approved your loan offer. You could get your money in 30 minutes via NPP instant transfers.**
With our simple application form, you could apply and be finished in minutes.
As soon as we have everything we need, your loan could be approved in hours*. Sometimes even on the same day you apply.
Cash Train has been one of Australia’s leading fast cash providers. Operating online and in branches across Australia. Even with credit problems, we'll give you a go!
Life doesn’t always go to plan, and unexpected expenses can arise when you least expect them. If you have poor credit, traditional lenders may not approve your cash loan. This would leave you without options when you need financial support. That’s where Cash Train’s bad credit loans could help—providing access to funds when you need them most.
Emergencies can happen anytime. Not having enough money to cover them can make a hard situation even worse. A Cash Train bad credit personal loan could help with:
If you have an urgent expense, a Cash Train emergency loan can help. It gives you quick access to money, so you can deal with the situation right away.
Sometimes, financial pressure may come from unplanned, or urgent expenses beyond daily living costs. Personal loans with bad credit could help cover:
These loans provide short-term financial support for specific, necessary costs, helping you manage unexpected financial obligations.
Beyond emergencies and one-time costs, a bad credit loan from Cash Train could also provide a boost for important life expenses. Some common uses include:
If used responsibly, a Cash Train loan could give help you out in an emergency. Helping you to manage life’s expenses smoothly.
Cash Train provides loan options when you have bad credit. We could help cover urgent expenses like car repairs, medical bills, moving costs, and more.
We offer:
At Cash Train, we assess how much you could afford, based on your income and expenses, not your credit score.
We have a quick application process, clear fees, and no penalties for early repayment. We make borrowing easy and stress-free, even if you have bad credit.
Learn more about how our loans work.
Reviewed and approved on 10th July 2026
Cash Train is a responsible short-term lender providing fast cash loans and personal loans to Australians for over 20 years. We operate both online and through branches across the country, offering a simple and transparent borrowing experience.
Cash Train follows the National Consumer Credit Protection Act 2009. We assess every loan application carefully to ensure it is suitable for the borrower. We give our customers a fair go, without hidden fees or penalties.
Learn more About Us here.
Yes, in many cases! At Cash Train, we consider applications from people with bad credit.
We will assess your current financial situation. However, we focus more on your current ability to repay rather than your past credit history.
A credit check may occur, but only for personal loans with loan amounts over $2,000.
Cash Train does not conduct a credit check when you apply for a loan up to $2,000.
While we do not do credit checks on our smaller loans. We focus on your current financial situation. This includes your income, expenses, and disposable income. We do this to determine if the loan is affordable for you.
We will need to see your latest 90 days bank statements. Even if you have bad credit, you may still qualify, if you can comfortably manage the repayments.
At Cash Train, the amount you could borrow depends on the type of loan and your ability to afford repayments.
We offer two types of loans:
1. Small Cash Loans (Small Amount Credit Contracts – SACCs)
Learn more about our small loans with bad credit.
2. Personal Loans (Medium Amount Credit Contracts – MACCs)
Cash Train makes every effort to offer loans to customers with a bad credit history. However, not every applicant will be eligible for a loan.
We consider applications on a case-by-case basis. We know that people’s current circumstances are not always indicative of past credit incidents.
Credit reporting agencies in Australia manage your credit rating (credit score). You can check your credit score for free once a year from the following providers:
To request your credit report, you’ll typically need to provide:
Checking your credit score does not affect your rating. Reviewing your credit report can help you understand your financial history and ensure there are no errors.
Tip: For cash loan requests up to $2,000, Cash Train does not check your credit score. So, even if you have a low credit rating, you may still qualify based on your income and affordability.
Credit scores in Australia typically range from 0 to 1,200, depending on the credit reporting agency.
Here’s a simplified breakdown of credit score ranges across major agencies:
A bad credit score is generally considered to be below 500, but each lender has different criteria.
Cash Train may check your credit score when assessing loan applications for amounts over $2,000.
However, we focus on your income, expenses, and ability to afford repayments. This means that you may still qualify even if your credit score is low.
We accept income from:
Yes, it's possible! Cash Train considers Centrelink loan applications from individuals receiving Centrelink benefits. We assess your ability to afford repayments based on your income and expenses, rather than your credit history.
Commonly accepted Centrelink benefits include:
Each application is reviewed on a case-by-case basis to ensure the loan is affordable and suitable for you.
If you receive Centrelink as your primary income. You may still qualify for a loan, if your disposable income meets our affordability criteria.
We'll give you a go!
The cost of your loan depends on the loan amount, loan term and loan product. For Cash Loans from $200 to $2,000, an interest rate does not apply. Instead, Cash Train charges a 20% establishment fee and a 4% monthly fee, based on the amount borrowed.
For Personal Loans over $2,000, interest and fees apply. The Annual Cost Rate may vary depending on the loan amount and term, up to 48%. The total cost will be shown clearly before you agree to proceed.
Yes! You can pay off your loan early without any extra fees or penalties.
EXAMPLE: Our Cash Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. For example, a small loan of $1,000 over 3 months has fees and charges totalling $320 (1 x $200 + 3 x $40), resulting in a total repayment of $1,320. The minimum loan term is 2 months and a maximum of 12 months. An APR (Annual Percentage Rate) does not apply to Cash Loans.