Do you loan to people with bad credit?
The short answer is that everyone deserves a second chance and therefore we do say yes to some people that have bad credit. That said, we are responsible lenders, and you’ll need to be able to afford the payments, as well as provide security.
What is debt consolidation?
If you have multiple HP’s or loans with other companies, you can combine them into one single payment that you can afford. This is called debt consolidation. This often helps reduce your costs, so you’re not getting charged penalties from other companies for missing payments.
Do you do beneficiary loans?
Yes, we do. If you’re on the benefit, you have a stable, reliable income and yes, we can help with a beneficiary loan provided you can afford the repayments and can provide security.
Can I get a loan on a benefit?
Yes, you can! Assuming you can afford the weekly payments and you have a form of security. Beneficiary loans are very common at Crester Credit.
Can I get a WINZ Loan?
If you’re on a benefit from WINZ, then yes we will look at giving you a loan. Just apply online using our application form, ensure you have a photo ID, and we’ll aim to have your approval answered within just 24 hours.
How to get a Payday loan?
At Crester Credit, we give personal loans, not Payday loans. A Payday loan is usually very expensive in interest and usually not good for your financial situation.
What security do I need?
You can provide security such as a vehicle, furniture, or any other assets you own that has a value at a similar or greater value to the loan amount you want to borrow.
Can I have someone else's name on the loan?
Yes, you can have a joint loan application. When you apply online, you’ll be given the option to add an additional borrower.
What is your loan interest rate in comparison to competitors?
You can borrow from Crester at an annual interest rate ranging from 13.95% to 26.98% per year.
What is the interest rate?
We try to match credit card rates but our rates vary depending on your credit history and security. Once set, our interest rate is fixed for the term of your loan.
How long does it take to get my loan approved?
We usually have your loan application approved within 24-48 working hours.
Why is my loan application taking so long?
If you haven’t received an answer in your expected timeframe, it’s best to call our office on (03) 3854 854.
Does bad debt ever go away?
Bad debt can go away if you’re given the opportunity to redeem your credit score. Crester Credit helps people that can prove that they’re back on course financially and together we can assist in helping you build back up a good credit score.