Bad Credit Loans

Let us help get you into the hot seat of a new vehicle with bad credit loans. Whether it’s for work or play, we can assist in getting you financed. 

Bad Credit Car Loans Approved

Why thousands turn to us for help with their finance needs

Variety is the spice of life. That’s why we partner with flexible lenders who offer bad credit loans on a mixture of vehicles. If you want to get from A to B on two wheels or four, travel the open road in an RV or chop up the seas on a jet ski, we can help you do it.

To give you the best shot at approval, our consultants match you to your most suitable lender and prepare your application. The whole thing can take as little as 48 hours, so start the process and apply now.


Rapid approvals

Our strong relationships with lending partners allow us to get fast outcomes on online loan applications.


Five-star customer service

Our consultants provide old-fashioned customer service that puts you and your needs front and centre.

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Specialist lending partners

We partner with specialist online lenders who offer flexible loan terms which best suit your financial circumstances.

Features and benefits of bad credit loans

Flexible loan terms

Take your time paying your loan or pay it in a hurry; it’s up to you, with customisable terms between one and five years available.

Knocked back by the banks

Our lenders give you another shot at finance, even if a major bank has turned you down for a loan previously.

Centrelink accepted

Seniors, pensioners and carers who receive fixed Centrelink benefits can have these payments included as forms of income.

Available to self-employed workers

If you work for yourself, especially as a tradie or a freelancer, you can be approved for a secured car loan.

Customise your repayments

Schedule your payments weekly, fortnightly or monthly so they fall in line with your pay cycle.

Extra repayments accepted

Most lenders will allow you to make additional payments on your loan without incurring any fees.

How to apply for a loan

Bad Credit Car Loans Process

Ask us for a quote

Get a quote from us online. Tell us about yourself and how much you want to borrow and we’ll call to discuss options unless you apply straight away.

Lock in your lender

Once you’ve applied, your consultant uses our high-tech software to match you with a lender who’ll give you the best shot at approval.

We’ll prepare your application

Sit back and relax as your consultant prepares your paperwork for the lender. All you’ll have to do is send across your documents.

Get approved

Your consultant will phone you with the good news and email you a loan agreement to sign. Once it’s returned, your funds can be released to you.

What types of vehicles can I purchase?

New and used cars

If you need a vehicle to get to work or help with the morning school run, we can help. You get the choice of brand-new and second-hand cars bought privately or through a dealership.


Your ride is your choice. Whether you’re after a dirt bike, cruiser, touring motorcycle or sport bike, we can help you put rubber to the road.

Caravans and campers

Tour the country and soak up its sights from inside a mobile home. Mobile homes come in many variations, so our lenders allow you to finance RVs, motorhomes, caravans, camper trailers or pop-tops.


Looking to transport a heavy load or expand your company’s fleet? Our lenders have fast bad credit business loan options for light, medium, heavy and semi-trucks. You can also finance vans, tippers or food trucks.


If your charter business needs a new set of wheels to ferry tourists or students around, you can unlock financing on new and used minibuses by applying directly with us.

Boats, jet skis and other vessels

Want to lap up some fun in a jet ski or speedboat? We help secure finance on a range of vessels, including fishing boats, tinnies, jet skis and sailing boats.

Equipment and machinery

You aren’t just limited to vehicles when taking out a bad credit loan, though. You can buy forklifts and other expensive machinery with fast approval on bad credit loans for business equipment.

Things to know before you apply

Draw up a rough budget factoring in your income and expenses. What money you have left over will give you a good indication of what you can afford. Nevertheless, your consultant will also ensure you don’t overextend yourself and help you borrow within your limits.

With a range of vehicles and equipment to choose from, it’s important to know what you need before you apply. You may want to purchase a speedboat for leisure, a passenger car to get from A to B or a minibus to expand your touring business. You will also need to decide whether to buy new or used, with consideration for the pros and cons of each.

Double-check you qualify for a loan. You’ll need to be over 18 years old, a permanent Australian resident or citizen and earning some regular form of income. We can help temporary residents and those on short-term visas access finance, though these terms vary from lender to lender. If you’re a business owner, you must have a constant revenue stream and your ABN must be at least three months old.

You can apply to check your credit file through companies such as Equifax and illion. A credit check comes at no cost and can help you find out the top factors impacting your score. Some forms of bad credit, such as unpaid defaults, are worse than others, such as late payment fees, so much of your lender’s decision will come down to the nature of your bad credit, rather than your actual score. Lenders will run credit checks on all applications, even if you’re applying for bad credit finance, so it’s advisable to avoid lenders offering ‘no credit checks’ on loans.

Owning a vehicle of any shape or size is more than just getting the finance to pay for it. You’ll need to budget for a raft of extra costs, depending on what you choose to buy. Cars come with on-road costs such as registration as well as ongoing expenses such as fuel and regular servicing. Owning a motorcycle means you’ll have to consider the cost of a motorcycle helmet and riding gear. If you purchase heavy machinery or equipment, you’ll have to factor in ongoing upkeep to avoid costly breakdowns

Top tips for maximising your approval chances

Pay off old debt

The less debt you owe, the better your approval chances. If you have unpaid debt or defaults, they can paint you as an unreliable or risky borrower. Clearing these debts or entering into payment arrangements will show a lender you’re serious about rectifying your past financial mistakes, even if you have an extremely bad credit rating.

Stick at your job

Switching jobs or careers can sometimes reduce your approval chances. Lenders like to see a steady employment history, including working for the same organisation for a good length of time. If you’re full-time, this means finishing your probation. If you’re casual, this will mean working consistently for the same company for more than three months.

Save a deposit

Investing your own savings can boost your chances of getting the green light if you’re in a position to do so. Lenders always assess risk when lending money, and your risk factor will be lower if you can put some skin in the game. Also, saving for a deposit can demonstrate a strong saving history which is a sign of reliability and discipline to a lender.

Pick a good quality vehicle

The more your asset is worth, the easier it will be to get it financed. If you’re taking out a secured loan, lenders prefer cars, boats, equipment or motorbikes which have held their value and remain in top-notch condition. For example: check for things like corrosion and abrasion when buying used heavy machinery. So, choosing one that’s in a good condition will boost your approval chances.

Common bad credit loan questions

Lenders offer loans from $5,000, but how much you end up being approved for depends on your borrowing power. Your borrowing capacity is assessed on several variables, including income, expenses and outstanding liabilities. Saving for a deposit and having a steady income can increase your borrowing capacity.

Most of our lenders have added charges, including administration or account fees. Your consultant can help find you a lender with the most affordable option.

Yes – first-time borrowers can be approved for car loans. Your consultant can match you to a lender best suited to those with no borrowing history. Having a guarantor or a deposit in this instance will boost your chances, but neither is necessary for you to be approved.

Yes – you can buy a vehicle from a seller across the border. State and territory governments will usually require you to update the registration details on your vehicle within 14 days. To take the hassle out of purchasing your next car, you can use our in-house car broker, Vehicles Direct, to help you find your ideal vehicle.

Yes – you can roll the cost of vehicle registration, insurance and stamp duty into your loan amount. These costs vary depending on which state or territory you live in. Fortunately, you won’t be forced to go with the insurer your lender works with, so you’ll be able to compare and select your own comprehensive policy to cover your purchase.

If you run a business or are self-employed and can’t supply two years of tax returns, low doc car loans allow you to apply with minimal paperwork. A lender will let you declare your business income while providing BAS, bank statements, profit and loss statements and balance sheets.

Yes – you can still be approved with unpaid defaults on your credit report. Defaults can be listed on your file for a variety of reasons, including late and non-payments. Even if you have extremely bad credit, your approval chances will be bolstered if you pay these defaults off. They’ll remain on your file but will be listed as ‘paid’.

The fixed and ongoing government benefits which can be counted as income toward your loan include:

  • Aged pension
  • Carer payment
  • Child care subsidy and rent relief
  • Family Tax Benefit Part A and B
  • Single parent payment
  • Veteran’s Affairs pension

The following temporary payments won’t be counted as income unless they act as a low-income supplement:

  • JobSeeker
  • Youth Allowance
  • Austudy

Yes – you can purchase a used car from a private seller. Buying privately has many benefits, namely more negotiating power and better prices. However, you’ll have to do a rigorous check for any manufacturing faults, as you won’t get a warranty and may not have a repair history