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Secured loans are a loan guaranteed by an asset, like a car. This asset is used as security over the term of the loan so that you have a simple way to get some much-needed cash. If you’re in need of fast cash today, even if you’ve got bad credit, let us do the heavy lifting. With our simple online loan application and speedy approvals, you can get a secured loan in a matter of hours!*
Need secured loans for bad credit? You need Swoosh
Learn moreWhat is a secured loan?
A secured loan is used when you own a vehicle, like a motorcycle or car. In a nutshell, secured loans are loans against your car or vehicle. They allow you to access cash quickly, because you have assets of value that could cover the cost of the loan.
When can I get a secured loan?
At Swoosh we know that life can give us all sorts of unexpected challenges, and we want to help. You may want to apply for a secured loan for situations like:
Home improvements
Educational or training courses
Holidays and flights
Debt Consolidation
Travel and social plans that require extra cash
No matter the situation, we’re here to help provide you the best Secured Loans for your circumstance.
Can I get a secured loan with bad credit?
Yes, it is possible for you to receive a secured personal loan with bad credit at Swoosh. We want you to receive the assistance you need, so we look at more than just your credit history. And we always assess everyone on an individual bases, looking at the ‘here and now’ of your financial situation.
We offer online cash loans after we evaluate your current bank statements and assess whether you have the ability to repay the loan. This way we are comfortable offering secured bad credit loans to those who have been impacted by their past. And we can get you the cash you need now.
Secured loans, bad credit, & responsible lending
At Swoosh, we believe in responsible lending, because we want the best for you.
We practise responsible and trustworthy lending, only approving your application if we believe you can repay the loan.
How to get a secured loan
It’s easy and fast to get a secured loan with bad credit. Because of our fast and highly secure systems, our process is hassle-free, free to apply, and entirely online. You could be getting the decision you need in an instant. We follow 3 simple steps:
1. Complete an online application on your mobile phone, computer or tablet. Applications only take minutes.
2. Approval of your loan is provided within 60 minutes of receiving your information (during business hours)*. The decision will arrive promptly — right in your inbox.
3. After approval, an offer is sent to you via email. Once you’ve electronically signed the contract, we’ll send the money directly to your bank account!
Since we’re 100% online, everything can be done from your tablet, computer, or mobile phone. What are you waiting for? Apply for a loan with Swoosh today.
Secured loan amounts
We offer secured loans from $2,100 to $5,000. Simply enter the amount you need on your application, and we’ll handle the rest.
Eligibility for secured loans Australia
Getting a secured loan with Swoosh is easy. If you meet these 4 requirements, you’re ready to apply today.
Be 18 years or older
Be a permanent resident or valid visa holder of Australia
Employed 3 months or longer
Own a vehicle registered in your name
Applications come with no obligation — they can be paused or stopped at any time.
What Swoosh customers love about our secured personal loans
With our quick approval process and friendly service, Swoosh customers appreciate:
- Our simple online application
- Fast approval with direct deposit
- 100% online service
- Our secure systems
- Flexible repayment schedules
- Transparent communication with no nasty surprises
Our structure for secured loans
At Swoosh, we’re different to other lenders, we’re upfront and honest about our cost structure and process.
| Secured Personal Loans | $2100-$5000 |
| Application Fee | $0 |
| Establishment Fee | $400 |
| Other Fees | $16 |
| Annual interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
Loan interest rates and dishonour fee
Swoosh interest charges are calculated daily on your outstanding balance. Your interest rate is fixed for the loan term and determined based on the outstanding balance.
If a scheduled payment is returned unpaid, a $35.00 direct debit dishonour fee may be issued.
Repayment options
At Swoosh, we like to make things stress-free. That’s why we offer flexible repayment schedules that align with your paydays. Repayments can be automatically set for weekly, fortnightly, or monthly payments.
Why choose Swoosh for secured lending?
We pride ourselves on having one of the fastest, easiest, most straightforward process. Rather than navigating through tons of paperwork and dodging hidden costs, Swoosh partners with you every step of the way to offer the best possible secured loans for your circumstance, quickly.
Swoosh will:
- Help you get back on track
- Provide the cash you need, when you need it
- Make the application as easy as possible
- Approve your loan within one business day
- Provide the funds on-time
- Keep all of your information safe through our secure online system
Got questions?
Contact us to get your questions answered, or to discuss your individual case.
*Speed of approval is conditional to receipt of all requested relevant documents/information.
**WARNING: This comparison rate is based on the Swoosh Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Different terms, fees or other loan amounts might result in a different comparison rate.
FAQs
Is it hard to get a secured loan?
It’s simple, fast, and easy to apply and get approved for a secured loan with us. As long as we have all the information we need, you could be approved the same day you apply.
Secured loans vs unsecured loans
A secured loan uses an asset, often a car, as collateral for your loan. Whereas an unsecured loan does not use any type of asset as security. The increased risk to the lender means unsecured loans tend to come with higher interest rates.
Read more on the difference between secured and unsecured loans.
Can a secured loan help build credit?
Yes, a secured cash loan can help you build credit. Making repayments and settling your loan will help build a good credit score.
Testimonials
Highly recommended if you meet the criteria, very helpful staff have dealt with them all on multiple occasions.
Ana is amazing at what she does extremely easy to deal with and gets things done...
Shayne Khan
Carin has been really helpful in assisting me with my application. Very professional! Thanks so much Carin!
Eric L Rose
Hannah was very helpful and always got back to me promptly
Mena Baines
Stacey and Ana from swoosh was very helpful in my enquiry and assisting me over a 2 day period to process my application. She made this experience very easy for me and her customer service is next level. Would definitely recommend asking for Stacey or Ana for any future applications. Thankyou so much for your help
Pacey Tusiupu
I would like to thank Ana for making my application so easy and fast, very happy with this company they have always helped me when ever I have needed
Belinda Whitby
Fast and officiant, Hannah was really great always kept updating me on what I needed to do, definitely a great experience, please give her a payrise
Nathan Tivalu
Carin was extremely helpful + personable throughout my experience. A great asset to the team!
Madison Coster
Carin was great to deal with thanks
Tommy Montana
Fast service. Thanks Ana
Sherwin Zuidema
Tamara at Swoosh has been very very helpful
Steve
Steve Bock
thanks Sophie for your prompt response well done😊
Andrea “Andy dann” Dann
Wonderful team, Carin was great to deal with, made it all a simple and easy procedure.
Ibrahim Omay
I am happy with the prompt service of Swoosh.
They were polite upon the request to help support my application. They were timely and acted efficiently and professional all the way.
Thank you very much.
Sena Dire mulata
Carin has been fantastic through the application process. Keep up the great work Carin. 😁
Julie Vaigafa
Great to deal with and easy to apply.
Very understanding of your individual situation
Big thanks to Carin for her help :-)
James Hocking
Great service and help from Carin at Swoosh Finance very helpful and prompt replies. Thank you once again Swoosh Finance. Regards Leighton.
NUGGET gaming
I have received great assistance from Ana and I'm happy with the outcome of my application
Luke lee Boslem
I am happy with the prompt service of Swoosh.
They were polite upon the request to help support my application. They were timely and acted efficiently and professional all the way.
Thank you very much.
Danz Mojae
Shoutout to Brad, who helped me so much and kept in contact with me every step of the way. I would 100% recommend them to anyone trying to get a loan. Money went into the the dearlerships account pretty fast, I’m quite impatient which sucks but the way they did it so fast impressed me! Thank you Swoosh, Brad & Paul!
Beau
I am super please with my experience and how fast and swiftly Ana has helped me with my application a big thumbs up to Ana
Tanielle Oleary
Working with Ana & Joshua through-out the loan application was a breeze , so thank you Swoosh Finance
Nookorn Young
The response from the staff is amazing. They were responding to my application instantly and I would like to shout out to Ana, for the efficient and fantastic job Thank you!
farizzudin mohamad taib
Very happy customer have had nothing but good service when topping up
Stephen Cornish
Always very friendly customer service and always very prompt.
Julie Fisher
Carin was very helpful 😁
Brittney
Great customer service!
William Schweinheim
Very happy with the service have used these guys a few times and will keep on using them
Sam Blaschek
Good fast service and reliable credit facility. Highly recommend Swoosh finance
Rebecca King
Excellent service with minimal fuss, highly recommend
Robert Jarrett
Very prompt and professional. Would borrow from them again
adele Wright
Extremely friendly and ultra fast response times. Carin had replied to my email within just a couple of minutes of sending. Customer service on point 👌
samantha french
Very quick with the conditionally approval process instructions were very with information I had to provide. Ana replied to my emails in a very timely manner Ana has provided a good service towards me
Thank you swoosh
jasmin andrews
At first the application was rejected but following day was advise it will be reassessed.
Mackenzie did an amazing job, thank you so much and the Swoosh team. Highly recommend
Jay E
Kelly and his team at SWOOSH did a remarkable job to help me out of what felt like an impossible situation. Kelly’s attention was extremely professional and consistent throughout, however, I always felt I was talking with someone who took the time to understand me and my situation.
He picked up the enquiry and with many factors requiring considerable work was able to achieve a 24hr settlement.
I can’t recommend Kelly and the team at SWOOSH finance more highly and I’m one very grateful client.
Kindest regards
CJS
Cory Sims
Great credit lending company. I've been a repetitive customer and had an opportunity to reapply so I did it. Dealt with Carin at first then Ryan and took a bit of time but communication was great. Got approved and had the money within hours. Was worth the wait and the detailing questions.
Livia Faatiarau
Swoosh gave me a loan when I didn't think I stood a chance.pretty quick turnaround had money within 1 day of applying. If you're in the market for a loan why not try your luck with Swoosh!
Michael McQuade
My customer service advisor ESTELLE'S assistance through the process was very professional. All of my questions were answered in a timely manner and I appreciated receiving updates by email from ESTELLE. I would recommend SWOOSH to family and friends.
PRISCILLA JANE
Took longer than anticipated, and so many questions, but ultimately got the loan, was in my bank a couple of hours after approval. The whole process took around 36hours.
Very responsive, very happy with the outcome.
Sarah Tepuni
Superfast , no delays once already have/ had a loan
Ryker Natural Products
A++++
Winifred Angel Roycroft
Swoosh have been so great at helping me tie up some loose ends and made it possible for us to get through the new year with less stress.
Holly Toolin
After having my accident i needed to pay the excess, coming up with that kind of funds was near impossible, they where quick and very professional, I can't thank them enough for helping me especially before xmas.
Carol Schobbe
Not oy did the professional staff respond almost immediately to correspondence, they let me know the progress every step of the way. I actually doubted being approved was shocked they gave me a chance. Would highly recommend 🙂
Nikita Gorogo
Swoosh was really good in understanding and service was great and pretty quick as well.
Denis V
They did good job and at a reasonable rate.
James Cross
i have bad credit and swoosh did not hesitate to give me a chance. very quick and respond very quickly. very easy process and the funds were in the bank that day. highly recommend.
adrian brewer
By far the best loan experience out of four others that I have dealt with.
All staff are great ive dealt with are great.
Fast responce through bot and email with up to date information so I wasn't left wondering.
10/10
daniel s
Very quick and so easy thanks
John Knoll
Quick and easy
Lyndell Gibson
Very helpful and fast process.
I'd recommend them to anyone as their repayments are fair and affordable.
Thank you Swoosh.
darren archer
Easy to deal with and done in quick time.
Allan Mahoney
Ryan was extremely Friendly and helpful during the whole process
Nicole Halliwell
Thank you so much tor giving me the chance! Nearly gave up! I really appreciated it! God bless
Jeralie Emnace
Great service been with them for a while. When I was stressing about urgent money I randomly had a text saying I can re-finance they came through same day without hesitation. Extremely thankful with their quick & helpful service A+++++
Kessy Tav
Excellent service, while others give 500 dollars so hard, Swoosh finace is 10 times better than them, thank you again Swoosh, the money was in my account within 1 hour 😜
Hızır reis Reis
Very accommodating, will do their best to set you on the right track, and find the best loan for you!! Thanks Swoosh Team!! You saved me…
Steven Fitzgerald
I’m happy I got approved (not for the amount I needed) but easy application and very responsive to questions and concerns. Easy and affordable repayments.
Mia Toomey
Understanding when I couldn't get files downloaded onto PDF, were happy to wait for my son to do it. Thanks again
Carol Woodcock
Good friend lily people an quick approval
Tony Mudge
Awesome finance swoosh is the best out there can't wait to get another loan from them it's so cheap
Derek Walker
Greatest company to deal with!!
Renae Bowerman
Great company to deal with. Response time excels to other companies. Would highly recommend. Thank you
Laura C
Swoosh I have been VIP for 5 years or so .always easy to deal with end never fail me good work again swoosh 👍🏽👍🏽
Grant Bottrell
Was great to work with was told it would be 24 hours before I found out as was the end of the day .
By 7pm I had a contract to sign, I signed it and money was in the bank within 10 minutes.
Thanks
Luke Wilson
I recommend this company.
muni howard
Been a swoosh customer for years. Love the fact that every 6 months I can top up my loan should I choose too. Very easy application, everything done online
V Vegh
Excellent start to finish experience.
The regular communication and updates provides certainty to the process leaving the borrower with the feeling that all is being done to provide a positive outcome.
Mark Atha
They took the time to look at my application and gave me options. Only thing I don’t like as an existing customer is if u wanna pay extra off ur loan or increase your repayments they charge u a fee
Nicki Bunn
Maria Cabrera
Dimitrios Velingos
Great quick service, was able to top-up after 6 months of regular payments, same day approval and money in account.
Jason Stanford
Been with swoosh for a few years now and they are a awesome company to deal with. Never had a problem with them at all.
Karyn Quinn
Tracey Grounds
The Swoosh difference
Our Cash Loans are available when you’re in a pinch — and we work hard to make it happen fast.
We put you first, ensuring you have all of the information upfront.
Swoosh Cash Loans give you the funds you need now from a lender you can trust.
Want to chat to someone?
Use our live chat or fill out the contact form to get in touch with a Swoosh Finance specialist
