It's the catch-22 every newcomer hits: you can't get credit because you have no credit history, and you can't build credit history without getting credit. If you've recently arrived in Australia — as an international student, visa holder or migrant — an empty credit file is completely normal. It doesn't mean you can't borrow. It means you need a lender that looks at how you actually manage money, not a score you haven't had time to build.
Can you get a loan with no credit history?
Often, yes. At Skypay we assess your application on your income and recent banking conduct rather than relying on a credit score alone. So a thin or empty Australian credit file doesn't automatically rule you out. Every application is still subject to a responsible lending assessment — we only lend where the loan is suitable for you.
What we look at instead of a credit score
- Your regular income — that you're employed and paid consistently.
- How you manage your everyday banking — your real behaviour, not years of history you don't have.
- Your existing commitments, so repayments fit comfortably alongside them.
Is this a "no credit check" loan?
No — and that's a good thing. As a responsible lender we still verify your details and check that the loan is affordable. The difference is we don't rely on a credit score alone, which is what helps people with little Australian credit history qualify on the strength of their income.
Who this is for
- International students and recent graduates
- Employed visa holders (student, 485, 482, working holiday, bridging and more)
- New migrants still building their Australian financial footprint
How much can you borrow?
First-time customers can apply for $2,100 to $2,500. If you repay successfully, eligible returning borrowers may access higher amounts — up to $3,500 — subject to eligibility and criteria. Repaying on time is also one of the ways you start building a positive Australian credit history.
Frequently asked questions
- Can I get a personal loan with no credit history in Australia?
- Often, yes. We assess your income and recent banking conduct rather than relying only on a credit score, so a thin or empty credit file doesn't automatically rule you out. All applications are subject to a responsible lending assessment.
- Is this a no credit check loan?
- No. As a responsible lender we still verify your details and assess affordability. We just don't rely on a credit score alone, which helps people with little Australian credit history.
- Why do I have no credit history here?
- Most newcomers simply haven't been in Australia long enough to build a credit file. That's normal, and it doesn't mean you can't borrow.
- How much can I borrow?
- First-time customers can apply for $2,100 to $2,500. Eligible returning borrowers may access up to $3,500 after successful repayment, subject to eligibility and criteria.
Eligibility criteria and T&Cs apply. Skypay Pty Ltd ABN 52 691 707 696 is an Authorised Credit Representative of Australian Credit Licence 519253, operating under Australian consumer credit regulation. This article is general information only and does not take into account your objectives, financial situation or needs.
Loans from $2,100 to $2,500 for first-time customers. Eligible returning borrowers may access higher amounts (up to $3,500) after successful repayment, subject to eligibility and criteria. Interest rate 36.95% p.a. on outstanding balance. Establishment fee $400. Comparison rate 49.15% p.a.* *For a $2,500 loan over 24 months. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.