Bad Credit Car Loans Approved

Need a second chance? Been knocked back by the banks? Have defaults or ex-bankrupt? We can help you get approved.

Bad credit car loans

In the hustle and bustle of everyday life, having your own vehicle to get from A to B can save you time and a great deal of hassle. For many, though, a bad credit history or prior defaults stand in the way of the dream of owning their own car.

We want to turn that dream into a reality. We’re partnered with understanding lenders across Australia who are willing to give you a second chance at obtaining a bad credit car loan. Our car loan process is hassle-free, from the moment you submit your obligation-free quote to the moment your funds are released, so you won’t need to jump through hoops to own your next car.

Fast loan approval

We work hard behind the scenes to match you with a suitable lender and have your loan approved and funded in as few as 48 hours.

100% online

Where ever you are across Australia, you can apply for a bad credit car loan using your laptop or even a smartphone.

Trusted brand

For more than a decade, we’ve been helping borrowers with bad credit get approved for their car loans across Australia.

Your bad credit car loan approval process

Submit a free quote

Sending through an obligation-free quote will connect you to one of our experienced consultants, who will discuss your options if you want to learn more before you apply.

Speak to our consultants

Once we’ve matched you to a suitable lender, your consultant will guide you through the rest of the application process, including your personal documents.

Get approval

After agreeing to a loan deal, your consultant will prepare your application to meet your lender’s requirements and submit it on your behalf.

Sign your contract and drive away

Once your loan is approved, you’ll sign a digital contract agreeing to the terms. From there, your car loan funds will be released.

Our bad credit car loan lenders

Answering your bad credit car loan questions  

How long does the application process take?

Not long at all. We aim for same-day approvals and full funding and transfer of car ownership in as little as 48 hours. However, this timeframe will depend on your personal circumstances.

What are the documents I’ll need to apply for my car loan?

You will need to provide our consultant with:

A valid driver’s license (front and back) or in some cases a current passport
Two recent payslips
A quarterly bank statement or Centrelink income statements (if applicable)
A loan application, credit guide and consent form, supplied by your consultant

What are the eligibility criteria for my car loan application?

Eligibility may vary, but the general criteria are:

You must be over 18-years-old
You must be a permanent Australian resident or citizen
You must be earning a regular income.

Can I buy a used car with bad credit?

Yes – you can buy a brand-new vehicle or a second-hand model. We can help you finance cars up to 20 years old at the time of purchase or older in some cases.

If I have unpaid defaults on my credit file, can I still apply?

Yes – however, you’ll have to be prepared to pay higher interest rates and fees. It is best to clear unpaid defaults because it’ll save you important money down the track.

Can I obtain bad credit financing without a credit check?

No – all lenders will assess your credit history as part of your application. However, a low credit rating shouldn’t be too much of a concern. Lenders in Australia offering bad credit car loans want to see if you can currently afford the repayments; they aren’t as focused on past defaults or a poor credit score.

Can I get a bad credit car loan while collecting Centrelink payments?

Yes – if you’re employed but earning a low income, some lenders will consider your Centrelink payments when assessing what you can afford to borrow. As such, people including aged or disability pensioners can apply for bad credit car loans.

Can I get guaranteed approval for a bad credit car loan?

No – lenders do not offer guaranteed approval on bad credit car loans. However, you can improve your case by:

Having a stable job
Paying off outstanding defaults
Proving a strong residential history
Curbing your spending

Can I borrow the full value of my car’s purchase price?

Yes – we can help you get approved for loans to borrow the total cost of your new car (including on-road costs and rego) without paying anything upfront. However, paying a deposit can save you money on interest over the life of the loan.