Bad Credit Consumer Car Loans

If you have a credit default, bad credit or are not sure if you do have poor credit, Non Conforming Loans can help you understand your credit history and the options available to finance a car for your Personal use.

Whether you are buying a new or used car from a dealer, at auction or from a friend we’ll make it quick and easy. Start your application online now

Loans from $5,000 to $45,000.  For loans under $5,000 click here!

  • Paid or Unpaid defaults listed over 12 months
  • Discharged Bankrupts or Part 9 or 10 OK
  • Unpaid Judgements listed over 2 years OK
  • 1 month Full Time if continuity in employment can be established for a minimum of 3 months
  • Casual or Labour Hire – 3 months minimum required
  • Boarding for 3 months acceptable
  • Primary Applicant must have a licence
  • Applicants must be 18 years of age. Applicants can be no older than 65 years of age at commencement of loan term
  • Private Sale OK
  • Vehicle age up to 15 years end of term

As a borrower, if you and/or the goods you are buying are considered by credit providers to be low-risk, you will usually be charged a low interest rate; if you and/or the goods you are buying are considered high risk, the interest rate you will be charged is likely to be higher.

There are many factors taken into account to determine the interest rate you may be charged, including, but not limited to:

  • your credit rating relative to other borrowers and how well you have managed debt in the past;
  • your residential profile such as whether you own, are buying or renting your home;
  • your employment profile which takes into account your occupation, employer profile and length of time employed in each job;
  • the type of goods your are buying (car, boat, bike, caravan, light commercial etc.) and whether they are new or used;
  • the amount you are borrowing and the loan amount relative to the value of the goods being financed; and
  • the structure of the loan.

In order to determine the interest rate Non Conforming Loans will be able to arrange for you, you will need to complete and submit an online application so that we can undertake a final assessment and give you a firm quote.

If you wish to proceed, then we will help you to complete all the necessary paperwork and liaise with the lender on your behalf. This will include the completion and submission of your home loan application and the on-going communication between all parties until your home purchase is settled