Bad Credit Car Loans No Credit Check
Chasing no credit check car loans? Our specialists can help get you approved even with bad credit. Apply today.
Chasing no credit check car loans? Our specialists can help get you approved even with bad credit. Apply today.
A common financial myth is that lenders can simply grant you approval without a credit check. All reputable lenders will assess your credit history, but it’s important to remember it’s more than just your score. It helps lenders understand your financial and application history.
By applying with us, our experienced consultants help get you approved even with a less than perfect credit track record. Our highly efficient processes enable fast application turnarounds and rapid approvals in as little as 48 hours, so you can apply with us today.
With dedicated lenders who guide you through the process, it’s no wonder our service has been praised by customers over the years.
You can apply on your desktop computer or smartphone from anywhere in Australia via our website.
Our experienced consultants are highly efficient and focus on getting you approved and funded as quickly as possible.
You can choose between weekly, fortnightly or monthly instalment options to keep you on top of your payments.
Our lenders give customers who’ve been knocked back by banks and other lenders a second chance at finance.
If you work multiple jobs or are a low income-earner but receive a top up via Centrelink, you can factor both payments into your income test.
If you work for yourself as a tradie or a freelancer and don’t receive payslips, you’ll be eligible to apply for a car loan.
Keeping up with your repayments and even making additional repayments will increase your chances of refinancing at a later date.
We partner with flexible lenders who can approve you for loans from $5,000.
Getting a quote online also gives you the option to progress to the application stage. If you’re not quite ready, a consultant will call you.
When you’re ready to apply, your consultant will use our advanced software to match you to a lender most likely to deliver an outcome.
Your consultant will complete your application based on information you initially provided. They’ll also require supporting documents.
Once you’re approved, your consultant will email your lender’s loan agreement to sign. Upon its return, your funds can be released.
Paying your bills on time can keep your credit report in tip-top shape. Avoid late payments on things such as phone or power bills. It’s also important to keep up with your loan repayments to avoid further collection activity, which can lead to black marks on your file.
Companies can be triggered to put defaults on your credit file if you fail to make payments on your debts. If you fail to pay within two weeks of the due date, this can be recorded on your file and stay there for up to five years.
A court can order you to pay a creditor the remainder of your debt plus fees, charges and interest. A judgment against you can remain on your report for five years, making it tricky to get future debt.
Simply phoning your credit card provider and asking them to reduce the available limits on your credit cards can have a positive effect on your credit score. In many cases, the higher your credit limits, the less you’re likely to be approved for.
Submitting too many credit applications can add dents to your credit report. By applying through us, we can do a soft check that won’t affect your credit score.
When you’re looking for a car loan, stick to reputable lenders and brokers. Tread carefully when lenders pop up offering bad credit car loans without a check of your credit history.
Our flexible lenders check the borrowing history of all car loan applicants, including those with no credit track record. Some of the ways you can increase your chances of approval include:
Reduce your debt
Paying outstanding loans will put you in a better approval position. Chipping away at your loans consistently over time is a quick way to show lenders you’re responsible for what you owe.
Borrow within your means
If you have a limit in mind, stick to it. Lenders will be more likely to approve smaller loan amounts and, in turn, your repayments will be lower. Your consultant will run an affordability test balancing your income and expenses to see how much debt you can take on.
Pay a deposit
Putting an upfront payment on your loan will show a lender you’re serious about repaying your debt. A deposit can also show a lender you’re adept at putting money aside. Ultimately, though, a deposit will benefit you most because it reduces the size of your loan and your ongoing repayments.
Stick at your job
Showing a good employment track record will show your lender that you’re a stable borrower and solidify your case for approval. While your income is important, it’s also vital lenders know it’s consistent.
Show steady living arrangements
Living in the same spot for a good length of time will demonstrate to lenders your rent and bills will likely remain the same. Moving house frequently can see rental and utility costs fluctuate, leaving you at risk of not making repayments.