Yes, if the sum is large, it will be easier to obtain as a secured loan than an unsecured loan. Loans are less risky when an asset is used as collateral, therefore your chances of approval may be better.
Unsecured car loans
At CarLoans.com.au we can get you into your next car at the best possible rate. We choose from hundreds of loans offered by almost 30 different lenders to find the perfect solution for your individual needs.
Unsecured lending product
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Rates: Starting from 6.95%
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Loan term 3, 5 and 7 year terms available
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Loan amount $5,000 - $65,000 (inc. all fees based on customers credit score)
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Loan purpose Any worthwhile purpose including Gap Finance, Medical, Tax debt,
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Business, New/Used Vehicle purchase, Debt Consolidation, Home furnishing, Travel, Wedding, Combinations and other
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Annual fee / early repayment fee / early exit fee / account keeping fee Nil
Benefits of Unsecured lending
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Simple easy and fast
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Same day approval
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Same day settlement possible
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Lending is unsecured and can be used for most purposes
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Less documentation required
Fees and Charges
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Application fee Varies based on Amount borrowed – Sale person will discuss
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No additional ongoing or account keeping costs
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No early exit fees if paid early
- No Discharge fee
When to refer
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Does not meet Equity/LVR requirements
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Does not meed FMCA score requirements
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Does not meet NDI requirements
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Loan purpose not acceptable
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Cant meet customers time frame requirements
- When you are not sure reach out and have a chat to one of our lenders.
We can help you every step of the way.
We are a complete one-stop shop to save you time, hassle and money. Our car loan specialist will help you complete your application and then navigate the minefield of lender requirements for you, negotiate with the lender for you, and arrange settlement.
Best possible deal
Our experienced car loan specialist will fight for you and save you money.
Bad credit
We can find you good value finance regardless of your personal circumstances or credit history.
Leading lenders
We select products from only the best lenders who meet out strict criteria for price, service and ethics.
Easy process
We have taken the hassle out of getting a car loan.
How to apply
CarLoans.com.au takes the hassle out of applying for a secured car loan.
Our four-step process saves you time and gets you behind the wheel fast.
- Describe your needs and apply online or over the phone.
- We'll find you the best finance available.
- We'll arrange the application and the settlement.
- Drive away in your new car!
Frequently asked questions
Arrange a Call
Fill out the following details and one of our car loan specialists will be in contact.