A Secured Loan is a loan guaranteed by an asset, like a car. We use this asset 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
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What 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 look at the ‘here and now’ of your financial situation, assessing everyone on an individual basis. We want you to receive the assistance you need, so we look at more than just your credit history.
We offer online cash loans after evaluating current bank statements and, assessing whether the applicant has 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, getting them the cash they need.
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 with bad credit in Australia
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 $2,000 to $5,000. Simply enter the amount you need on your application, and we’ll handle the rest.
Eligibility for Secured Loans Australia
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
Be 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 | $2000-$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.
Interest rates are fixed for the loan term and are 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.
Testimonials
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
