Bad Credit Car Loans Melbourne

For more than ten years, we’ve been matching Victorians with lenders who help them secure fuss-free bad credit car loans.

Bad Credit Car Loans Approved

Why Melbourne drivers choose Bad Credit Car Loans?

Most households in Melbourne and greater Victoria have a car in their driveway. In fact, Census figures from 2021 show more than 75% of Victorians have at least one vehicle at home. However, if owning your own car seems out of reach due to a history of bad credit, we’re here to help you take back the wheel.

We partner with specialist lenders who can get even the trickiest of deals approved, wherever you live. Regardless of whether you’re living in the heart of Melbourne, in Dandenong or as rurally as Horsham, we can help you get a bad credit car loan.


Service Australia-wide

You can apply no matter where you live. We help people residing in big cities right across to small, rural towns.

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Customer satisfaction

Helpful, prompt and a pleasure to deal with; that’s what 98% of our customer service feedback tells us.


Completely online

There’s no need for bundles of paperwork, as every step of our process is online. You can even apply using your smartphone.

The benefits of bad credit car loans for Melbourne locals

Customise your repayments

We want your regular payments to be manageable, so you’ll be able to choose from weekly, fortnightly or monthly repayment options.

Borrow up to $50,000

We’re partnered with lenders who’ll let you borrow up to the full cost of your new car, plus any on-road costs such as registration.

Centrelink accepted

Our specialised lending partners work with those receiving a diverse range of Centrelink payments, including single parents.

Buy brand-new or second-hand

You’re not limited to only buying a newly-minted car; new or used vehicles are available, expanding your options when surveying the market.

Flexible loan terms

Having between one and five years in most cases to pay off your loan allows you to tailor your payments to suit your financial circumstances.

No deposits

You’re not required to pay a deposit upfront on your loan, saving you the headache of coming up with a lump sum payment.

How does the application process work?

We make applying for a car loan as easy as possible, especially when you have a few dents in your credit score. Our team of experienced consultants will walk you through our fully-online application process, which takes a few minutes to complete.

You can even do it on your smartphone, meaning you can apply for a bad credit car loan whether you live in Dandenong, Mildura or the Melbourne CBD. Check out our step-by-step guide to our process of helping you get approved for your loan.

Speak to your consultant

Talking to one of our expert consultants is the best way to work out your finance options. Jump onto our website and do an obligation-free quote and we’ll be in touch.

Submit your documents and application

Once you’ve decided to apply, our technology matches your application to a lender which best meets your profile. Your consultant will talk you through the process and the documents you’ll need.

Get formal approval

We aim for same-day outcomes, but they can vary from case to case. After your consultant submits your application, sit tight and wait for the green light.

Get your keys

When your application gets the all-clear, your consultant will send across a loan contract and a consent form. Sign these, return them and your funds will be released.

Bad credit car loans Melbourne

What documentation do I need to provide when applying?

Having your documents ready to go when applying for a new loan is a crucial step in fast-tracking your approval. If you’re in Melbourne and you’re applying for a second credit car finance, your consultant will ask you to submit several key documents to prove your identity, income and expenses.

Your identity

You’ll need to supply:

  • Copy of your current driver’s licence (front and back)
  • A valid Australian passport

Your income

You will be asked to supply:

  • Two recent payslips
  • Three months (90 days) of bank statements
  • A tax return and ATO Notice of Assessment done within 18 months if you’re self-employed
  • Centrelink income statements

Your financial status

Lenders may ask you for a rough budget or evidence of your spending habits, including:

  • Any outstanding debts
  • Personal loans and credit card limits
  • Living expenses including rent, transport, groceries and more

How do I know if I am eligible?

You must be aged over 18 years old to apply for finance in Australia, especially for a bad credit car loan. There is no age limit to applying, but the older you are, the more criteria you’ll be expected to meet.

You must also be an Australian permanent resident or Australian citizen to apply in most cases. However, we also work with non-permanent residents looking to finance their vehicle purchases.

You don’t have to be working full-time to apply for a car loan if you have bad credit. We work with borrowers who are between jobs, working casually or self-employed; if you’re working consistent hours, you’ll be able to apply in most cases.

We require you to have some form of ongoing, stable income when applying for a loan of this type. Furthermore, what you have in savings will be taken into account but there’s no need to pay an upfront deposit.

We partner with specialist lenders to find ex-bankrupts or those previously under Part IX Debt Agreements finance. Our lending partners are more interested in what you can afford now, rather than revisiting past financial mistakes.

Your bad credit car loan questions answered

No – your car doesn’t have to be located in the same state you live in when looking to purchase it with finance. We can help you get approved to purchase cars from across Australia.

A guarantor isn’t a requirement with these loans. However, having another signatory on the loan (either a guarantor or co-borrower) can improve your chances of approval, increase your borrowing limit and unlock better interest rates in some cases.

Yes – you can use a bad credit car loan to buy other vehicles such as caravans, motorbikes, jet skis, ride-on mowers and boats.

Yes – our lenders allow you to finance vehicles up to 20 years old. If you have your eye on an older model, we can help you get approved for an unsecured car loan to obtain the finance you’re looking for.

Probably not – it’s less likely that dealers in Melbourne will accept a bad credit car loan application. Dealers have access to fewer lending options and offer less flexible terms for people in Melbourne looking for bad credit car loans. By applying with us, our consultants have state-of-the-art technology at their fingertips to match you to a suitable lender who offers the terms which you’re looking for.

Yes – you can refinance through your current lender or a new one. You will have to prove you’ve improved your financial management and kept up with your repayments in most cases. If your credit rating has improved, refinancing can save you money on fees and interest. However, you may have to pay early repayment fees.

It’s best to contact the lender as soon as possible if your circumstances change. Most lenders can temporarily reduce your payments or set up a financial hardship arrangement to counter longer-term issues.