Bad Credit car loans are becoming increasingly more available to Australians. There are many reasons for bad credit, including mismanagement and unforeseen circumstances. Perhaps you have an unpaid telco bill or missed a few payments on your credit card? Or perhaps been entered in to a Part 9 arrangement or declared bankrupt? WE CAN HELP!

Let us help you get back on your feet. All people have tough times and hardships, work with us to find the Bad Credit car loan to help you overcome your difficulties and get you that car you need.

Even with bad credit, people need transportation. You need a car to get to work so you can earn money! We understand this and this is why Bad Credit car loans are available.

We can find a Bad Credit car loan for those with a discharged bankruptcy or defaults. If you've settled your debt or completed a Part 9 Debt Agreement, we can find a Bad Credit car loan that matches your needs.

Bad credit scores and ratings can result for many reasons, including illness or job loss. Many Bad Credit car loans are specifically tailored to bridge these challenges.

Get a second chance, by trusting in experts who specialise in Bad Credit car loans. Don't allow impaired credit to derail your dreams, choose one of our Bad Credit car loans to recharge your life.

In a new job without a savings history ? Self-employed? We can tailor you a car loan package to your needs.

We find flexible financing to ensure that payments fit your budget. We get you the most competitive interest rates for Bad Credit financing.

We have been proven time and time again to help people with bad credit getting a car loan. Click here to get pre-approved, or alternatively, enquire online or call us 1300 242 885.

MORE BAD CREDIT LOAN INFORMATION...

Bad Credit Car Loan Interest Rates

Although being secured on your car purchase, interest rates for bad credit car loans can be slightly higher than all other types of car finance, this is due to the increased level of risk.

Tips for a successful Bad Credit Car Loan

• Out of all the criteria, non-disclosure or information provided to mislead will cause immediate decline and there is no going back. Examples of information you must disclose are:
• Undisclosed debts and bankruptcy history
• Incorrect dates of employment history
• Failure to disclose correct amount of dependants
• Cash income. This can be used but clients must provide 6 months superannuation statements to show employer is contributing 9% SGC

Defaults/Arrears

• Can accept paid and unpaid defaults
• Unpaid Telco's normally OK under $4K
• Paid defaults are OK but depends on amount. Most under $5,000 can be approved
• The greater the time since payment, the easier it is to get approved
• Multiple defaults and long history of credit issues will be a concern - not necessarily declined but need to be strong in other areas
• Can accept paid motor finance defaults provided minimum of six months since paid and client is stable
• Judgements are treated similarly to defaults
• Home loan arrears are not looked on favourably

We have been proven time and time again to help people with bad credit getting a car loan. Click here to get pre-approved, or alternatively, enquire online or call us 1300 242 885.