Rating based on 39 reviews

Spotter Loans

  • Bad credit loans up to $15,000
  • Low-interest starting from 48%
  • Repayment up to 12 months

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Author Spotter. Screenshot of Spotter website.
[Accessed May 3, 2023]

Spotter Loans - They have helped many satisfied clients

Spotter Loans has assisted many clients with bad credit for a long time.

To them, it is great to know that they can change the financial lives of customers by giving them a plan that can assist them during their most difficult time with their bad credit loans. They have gone out of their way to ensure that their customers always get the plan price and a loan they can pay out without encountering any problems.

Practising responsible lending

As much as they want to help every client that comes to ask with a financial plea, they can’t help customers who don’t have enough funds to ensure that their personal loans are always paid up. As such, they are committed to lending money to clients who will be able to pay their loans. They must access the affordability of each customer before they approve a loan. If they see that a customer will not be able to pay off in advance, they don’t proceed with the loan application.

As much as they want to be of assistance, it will not bring them any good fruits if they proceed with a loan application under unaffordability circumstances. After a customer, has paid some debts and is in a better financial standing, they will have no problem re-evaluating a client’s application process again. If they see that he is in a better financial capacity, they will proceed with the online loan application and approve the loan if the client meets all the terms and conditions as well as the criteria set by them.

Loan amount up to $5,000

Clients are required to complete the online application form. The loan application can only proceed after the bad credit loan application has been submitted.

Supporting documents have to be sent to them after the loan application has been received. They need to verify whether every detail corresponds with what was stipulated on the loan.

How fast can you get approved?

As soon as your supporting documents have been reviewed, they will notify you of the outcome.

How much can you borrow?

Depending on the client’s financial situation, they can lend customers a short-term loan amount of up to $5000.

It could be more sometimes, however, all of this will be determined by how the client’s financial standing.

How fast will you get your cash?

Depending on the bank you use and the time you applied for the emergency loan, you may get your money within a day of applying.

However, you need to sign your loan application before they can send the money to your relevant bank account.

Spotter – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 48%
  • Loan Amount up to $15,000
  • Repayment 3 months to 12 months

Benefits of Spotter

  • Flexible repayment terms
  • Reliable customer service
  • Loans payout fast

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Spotter Loans - They have the best deals on loans

Can you repay a loan early without penalty?

Clients are more than welcome to pay their personal or payday loans earlier than the scheduled date. Furthermore, it is good to know that there are no fees incurred from this.

Can you get more than one loan a year?

Clients need to ensure that they settle their first loan before they can grant the application for the next one.

Can you get a loan if you have a bad credit rating?

Bad credit has impaired many clients’ financial credit scores and they are realistic enough to know this fact. Therefore, clients with a bad credit rating are welcome to apply for a bad credit loan with them.

Will you do a credit check?

The credit checks they perform don’t contribute to them proceeding with a loan application or not unless it is evident that a client can’t afford to pay out a loan. This is just a mere procedural process of every loan application and shouldn’t scare clients.

What documents will they need from you?

  • 90 days of your bank declarations
  • A detailed revenue and outflow statement. The communication format can be done by electronic means or over the telephone.
  • A copy of your driver’s license (forward-facing & back) or an ID photograph
  • A utility bill titled to you affirming your housing address.

The following criteria need to be followed if you want a loan with Spotter Loans:

  • Clients should be functioning on a full-time or part-time basis
  • Clients should be over 25 years of age
  • The clients should earn a salary of more than $30,000 per year
  • The client should not be on Centrelink benefits

What happens if you can't pay on time?

Should the client have a challenge regarding paying the blacklisted loan on time, he needs to alert them one day before his scheduled date. Furthermore, he will incur penalties for paying the loan at a later stage. It is important to remember that if clients continue to pay their loans late, they will have trouble qualifying for a loan next time.

What their customers are saying

  • They receive great feedback from their clients who have been assisted by them. They always ensure that they give them a great service so that they will know who they can contact the next time they are in a financial predicament.
  • A Spotter Loan can be approved even if you have bad credit
  • They will access your bad credit loan application per your affordability and not per your bad credit history.
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Spotter is a trusted & reliable provider of bad credit loans

In our review, Spotter adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Spotter is a registered credit provider in Australia: ACL 469009

Customer Reviews & Testimonials

June 2018

Spotter Loans is my credit provider of choice because they have never failed me when it comes to offering me a loan that suits my affordability.

Mia T
— Maitland —

October 2018

If you looking for a convenient way of applying for a loan, visit the Spotter Loans website today!

William M
— Darwin —

April 2019

I am surprised at the interest rates that Spotter Loans offers! Unbelievably cheap.

Zoe K
— Adelaide —

Spotter Contact

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