A bad credit jet ski loan is designed for Australians who need finance to purchase a jet ski but may have a less-than-perfect credit history.
These loans are ideal if you have past credit challenges such as defaults on phone bills or credit cards, previous bankruptcy, or if you’ve been declined by other lenders.
Whether you're buying new or used, from a dealership or private seller, we give you the flexibility to choose the jet ski that suits your lifestyle.
At Ume Loans, we understand that setbacks happen to good people. If you can demonstrate your ability to manage repayments, we’re here to offer you the second chance you deserve to get out on the water.
At UME Loans, we know life doesn’t always go as planned, and a number on a credit report doesn’t tell the full story. That’s why we take the time to hear your side, understand your unique situation, and create loan options that are flexible and fit your circumstances.
We’ll talk openly about your credit history, even if it includes missed repayments, defaults, or debt collections. There’s no criticism, just a genuine interest in how we can support you in moving forward.
By recognising your potential instead of dwelling on the past, we make it our mission to look beyond your credit score so we can find ways to say yes and get your loan approved.
There are many benefits of bad credit jet ski financing. These benefits include:
We understand that one size doesn't fit all. Whether you want to make extra repayments or increase your payment frequency, our team works with you to customise a loan that suits your financial situation and goals.
Proudly Australian, Ume Loans helps individuals across the country aged 18 and over access the finance they need. We know the local landscape and are committed to helping Australians succeed financially.
From application to approval, we make the process fast, easy, and entirely online. With potential same-day approval, you could be on your way to owning your new jet ski sooner than you think.
Ume Loans may want to extend your loan terms. Extending a loan term can help to stretch our your finance repayments, and lower them per frequency. You may incur a high interest rate due to your profile, but we ensure your repayment fits within your means.
A bad credit history jet ski loan can mean higher interest rates. While high-interest rates are typical, we will work tirelessly to ensure your repayment is personalised to your affordability.
If your credit score is low due to a poor credit history, our lenders might prefer you to add a deposit towards the jet ski purchase. A higher deposit means that the risk is lower for your finance application. This can increase your chances of an approval.
Higher deposits are common, and will also reduce the amount you borrow. If you are not in a position to add a deposit, consider waiting until you have more money saved to put towards the purchase.
If your credit history is poor, it’s likely you won’t get approved for the same amount as a standard loan. If you receive an approval, you will know exactly how much money you can spend on the jet ski purchase.
It is essential to understand that a loan with lower limits is okay. If you can demonstrate good repayment history on your poor credit jet ski loan, it’s likely to get you a more competitive loan in the future.
A bad credit jet ski loan, similar to a leisure loan, can result in additional paperwork. This is because our lending specialists will need verification of how your financial situation has changed over time.
Ume’s lending team may request payslips, rent receipts, or utility bills to verify you have enough income to make your loan repayments.
Ume Loans may want to extend your loan terms. Extending a loan term can help to stretch our your finance repayments, and lower them per frequency. You may incur a high interest rate due to your profile, but we ensure your repayment fits within your means.
A bad credit history jet ski loan can mean higher interest rates. While high-interest rates are typical, we will work tirelessly to ensure your repayment is personalised to your affordability.
If your credit score is low due to a poor credit history, our lenders might prefer you to add a deposit towards the jet ski purchase. A higher deposit means that the risk is lower for your finance application. This can increase your chances of an approval.
Higher deposits are common, and will also reduce the amount you borrow. If you are not in a position to add a deposit, consider waiting until you have more money saved to put towards the purchase.
If your credit history is poor, it’s likely you won’t get approved for the same amount as a standard loan. If you receive an approval, you will know exactly how much money you can spend on the jet ski purchase.
It is essential to understand that a loan with lower limits is okay. If you can demonstrate good repayment history on your poor credit jet ski loan, it’s likely to get you a more competitive loan in the future.
A bad credit jet ski loan, similar to a leisure loan, can result in additional paperwork. This is because our lending specialists will need verification of how your financial situation has changed over time.
Ume’s lending team may request payslips, rent receipts, or utility bills to verify you have enough income to make your loan repayments.
Enter some basic details so we know who you are, and what you’re looking for! This will not affect your credit score. This is where you will submit your bank statements online.
We will ask you to provide proof of income and identification.
You can complete your application either online or over the phone with us.
Once everything is verified, you can sign your contracts electronically.
Time to go shopping for your new jetski or pick up the jetski you've already chosen.
Enter some basic details so we know who you are, and what you’re looking for! This will not affect your credit score. This is where you will submit your bank statements online.
We will ask you to provide proof of income and identification.
You can complete your application either online or over the phone with us.
Once everything is verified, you can sign your contracts electronically.
Time to go shopping for your new jetski or pick up the jetski you've already chosen.
Enter some basic details so we know who you are, and what you’re looking for! This will not affect your credit score. This is where you will submit your bank statements online.
We will ask you to provide proof of income and identification.
You can complete your application either online or over the phone with us.
Once everything is verified, you can sign your contracts electronically.
Time to go shopping for your new jetski or pick up the jetski you've already chosen.
15+ Years
Experience in Alternate Lending
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We provide good people with a second chance
Our Team
Our team is passionate about helping people
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Our team just love helping our customers buy the Jet Ski’s they love and want, whether it’s brand new or a used Jet Ski, we are very happy to share our Ume Loans reviews.
Yes. If the Jet Ski is yours, or going to be yours, we will be happy to finance it. Many other lenders have a whole bunch of rules around the brand, age, and type of Jet Ski you can buy, but you won’t find that at Ume Loans. You can even finance the trailer with Ume Loans.
Just remember, we only transact Jet Ski loans between $5000 and $40000.
Yes. You can finance a brand new Jet Ski or a secondhand Jet Ski with Ume Loans, again, just remember we only transact Jet Ski loans between $5000 and $40000.
Yes. We are happy to finance Jet Ski’s bought both privately or through a dealer. Your Lending Specialist will make the process super easy for you, by contacting the seller and arranging any information we need from them directly.
We can even give you a copy of the PPSR search we conduct to verify there are no prior outstanding loans on the exact Jet Ski you are buying.
No. We customise your Jet Ski loan repayment to suit your budget, making sure it is affordable for you, without the need for a large lump sum payment at the end.
