Bad Credit Car Loans No Guarantor

You can trust us to help you get fast approval on car loans without the need for a guarantor, even if you have bad credit. Start your application today.

Bad Credit Car Loans Approved

Why people turn to us for fast car loan approval?

Getting car loan approval shouldn’t be like running through an obstacle course. That’s why we partner with lenders who remove some of the roadblocks standing between you and your approval.

There’s no need for guarantors, hefty down payments or long-drawn-out approval times, making applying for vehicle finance headache-free. Ensure a hassle-free application and approval process and apply with us today.


A decade of experience

Our consultants have helped customers with poor credit gain approval on car finance for more than ten years.


Completely online

Every step of our application process is fully online, allowing you to apply from a computer or smartphone 24/7.

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Pre-approvals available

Find the car you want and get pre-approved to strengthen your hand when negotiating its price.

Features and benefits of bad credit car loans

Loans from $5,000

No guarantor, no worries. You can finance your car’s total value with loans from $5,000 to $100,000, depending on your borrowing capacity.

Knocked back by the big banks

Never fear if you’ve been rejected by a major lender or a big bank. Our lenders specialise in helping people with tricky credit histories.

Buy various vehicle types

Purchase a motorhome, a motorcycle, a ride-on lawnmower, a jet ski and much more with your bad credit loan.

Open to casual workers

Our lenders will work with customers with a variety of job statuses, including those who aren’t permanent but still earn a stable living.

Flexible loan terms

Paying your loan across one to five years allows you to determine the speed and size of your repayments to help you manage them.

Paid and unpaid defaults okay

You can still unlock car finance even if you have a very bad credit history and your file is stricken with defaults, either paid or unpaid.

How to apply for a bad credit car loan

Bad Credit Car Loans Process

Get your quote

Take a few minutes to fill out on online quote form. Once submitted, one of our consultants will call you to talk over details and options.

Find your perfect match

If you choose to apply, your consultant gets to work matching your application to a lender who best suits you using our state-of-the-art technology.

Have your application submitted

Your consultant will know your lender’s requirements inside and out, so they’ll prepare your application to give you the best shot at approval.

Be approved and drive away

Once your application has been given the tick of approval, your consultant emails your digital paperwork to sign and return so your funds can be released.

How do I boost my approval chances when applying for a car loan with no guarantor?

Scoring approval on a loan application can be a cause for celebration, especially if it means being able to buy a new car. However, if you’re worried having a poor credit history and no guarantor will make your path to approval trickier, don’t stress too much. Some of the ways to improve your approval chances include:

A steady income

You need money to make your repayments, so having consistent work will show a lender you can pay what you owe. They’ll check your borrowing power based on your income and regular expenses to ensure you are not overreaching.

Paying down other debts  

The less you owe, the more you can borrow. Your lender will run a credit check when you apply, so it can be beneficial to clear some unpaid defaults or outstanding debts before you go for a loan.

Putting down a deposit

Making a down payment is generally a sign of a good borrower. A lender will be more inclined to rubber-stamp your application if you’re opting to put forward some of your own savings, should you be in a position to do so.

Picking a better car

Select a vehicle which has been well-maintained and held its value. Lenders will be more willing to approve your application for a lower rate if your car is worth more, as it gives them better security over your loan.

Rock-solid living arrangements

Lenders look for stability in borrowers. Showing a strong residential history is a sign your living costs, such as rent and electricity, will not constantly fluctuate.

Curbing spending habits

Before your lender takes the microscope to your bank statement, cut back on some non-essential spending, such as nights out and fancy dinners. If you can demonstrate healthy saving habits, it will work in your favour.

Things to know before you apply

Double-check you qualify for car finance by reading over our requirements. Typically, you must be at least 18 years old, an Australian citizen or permanent resident and earning some form of regular income to be considered.

Know how much you can afford to borrow. Lenders will check your affordability against your income and other expenses so you don’t overextend yourself. While this is checked during the application stage by your consultant, it’s good to have a rough idea of what you can afford to take on each month before applying.

Ensure you have the relevant supporting documents ready before applying for a loan. You’ll need to provide your consultant with copies of your driver’s licence or passport, two recent payslips and 90 days’ worth of bank statements. If you receive government benefits, you can declare them through a Centrelink income statement. If you’re self-employed, you’ll need to provide your latest tax return or an ATO Notice of Assessment completed within the last 18 months.

Although you’re applying for a bad credit loan, your credit score will still play a role in determining what you can borrow. Lenders are less likely to grant approval if you have unpaid defaults for similar loans on your file, particularly if they’re recent. Even if you have a very bad credit score, paying defaults will show a lender you’re making an effort to improve your financial situation.

Petrol and regular servicing are all costs that need to be budgeted for when you buy a car. When you draw up a budget to check what you can afford to borrow, make sure to include running costs such as fuel, ongoing maintenance and regular services to avoid any shocks.

Your common bad credit car loan questions

Yes – while major banks tend to think a lack of credit history is as good as a bad one, our partner lenders understand you have to start your credit journey somewhere. While it may be a plus to have a guarantor, which can boost your lender’s confidence in the loan being repaid, it’s not essential in gaining approval.

We aim to have customers approved and funded in as little as 48 hours. This will depend on your personal circumstances and what time of the day or week you apply, though.

Yes – if your work is seasonal, such as harvesting grapes during a wine vintage, you can still apply for a loan. You just have to demonstrate to your lender that you can pay your loan year-round.

Yes – while these types of loans don’t rely on you making a down payment, deposits can be beneficial. Paying a deposit can shorten the life of your loan, reduce your regular payments, decrease the amount of interest you pay overall and increase the vehicle price range available to you.

Yes – you can apply for a loan while in a formal debt arrangement, but your lender options may be limited. You’ll have a better shot at approval if you complete your arrangement before applying.

Our lenders accept fixed and ongoing government benefits as a form of income when assessing your loan affordability. Eligible payments include:

  • Family Tax Benefit Part A and B
  • Parent payments
  • Age pension
  • Disability support pension
  • Carer payment
  • Child care subsidy and rent relief

Yes – the cost of car registration, insurance and stamp duty can be rolled into the amount you borrow. Our lenders give you the choice of insurance companies so you can choose your preferred comprehensive policy.