Australias No 1 Car Loan Site

Bad Credit Loans Perth Melbourne

For a quick loan calculation,
just enter the loan amount

When you have
credit blemishes
finding a lender
to give you a
shot can prove
difficult.. for some.

Going to the dealership for a loan can often mean ridiculously high repayments and more a lot of the time you can’t get the car you really want.
 
You need to search for financing just like you search for a car, exploring various options and doing your homework. Buying cars for bad credit shoppers can be intimidating, but that is where we are here to help, after all we are experts.
 
Be realistic with your expectations, before beginning your search, know your budget and the kind of monthly payment you need. One of our representatives can provide you an estimate of the repayments by answering a few general questions over the phone regarding your credit rating.
 

 
 

Get
pre-approved

It’s probably the single most important step you could take. Getting pre-approved takes the pressure off of going into a dealership empty-handed. Why put yourself in a position of disappointment if you find a car you love but no finance companies will give you a shot. Our service is obligation free and it doesn’t cost you a cent to apply for a pre-approval, take 10 minutes out of your day, apply for an approval and know what you have to work with before finding a car.
 

 

Consider
a used car

Bad credit can limit the amount of financing you can get. A used car may be a better suited for your price range. Also the money you save on a less expensive car can be put towards other debt and general living costs.
 

 
 
 

Be prepared to
have a co-signer

If you know your credit score is going to make some lenders hesitate, a co-signer can help your loan application get approved. Many lenders will approve a bad-credit car loan provided that a co-signer is willing to guarantee the repayment. Keep in mind, your co-signer needs to have a good credit history.
 

 

Consider
refinancing in a year

If you are in a situation where you were only approved at a high repayment because of your credit rating why not come back to us for a review. In some cases when you have maintained excellent conduct on your loan and your credit rating has improved we might be able to refinance the loan to another lender and save you some money.