Consider the Options for Bad Credit Car Loans
Sourcing a car loan or any other form of finance with bad credit is usually not easy. But our comparison services, information and tools, may ease some of the pressures for buyers seeking bad credit car loans. The interest rate offered on this type of loan will be higher than lender advertised rates. This comparison table of interest rates for good credit applicants highlights how rates vary and which lenders are currently the most competitive. We source the best quotes from many lenders. Requesting a quote from us may be your first step towards achieving a workable bad credit option.
- Fast Loan Approvals
- Low-rate Car Finance
Easy Car Finance assists those with bad credit by sourcing loan quotes from across a vast section of the lending market. Saving applicants time in contacting multiple lenders and providing access to specialist lenders that are open to offering finance to car buyers with credit issues.
Not all banks and finance companies will consider applications from individuals and businesses with credit issues. Having access to lenders that do and don’t charge exorbitant interest rates, may presents a very realistic prospect.
Loan Product | Interest Rate | Monthly Repayment |
{{Loan Product}} | {{From - Advertised Rate}} {{Rate Type}} |
${{Payment Amount}} Monthly |

Points to note about sourcing car finance with bad credit:-
- The interest rate for bad credit car loans will be higher than the advertised rates. Adjusting expectations accordingly may be advisable.
- Lenders may apply conditions to the loan such as:-
- Requesting additional security.
- Requesting a deposit be paid to reduce the loan amount.
- Placing limits on the loan amount and term approved.
- Where approved, buyers may select from the range of Personal Car Loan Types and Business Motor Vehicle Finance Products.
- When approved, the tax benefits and other features of the relevant business finance product would be realised.
- When apply as a business, the credit profile of the business owner or directors may be included in the application assessment.
- When individuals apply for loans, this is reported to Credit Reporting Agencies and appears on the credit profile.
- Multiple applications for the same loan can be viewed in a negative way by lenders and further downgrade the credit profile.
- Using a service such as Easy Car Finance to source quotes from across multiple lenders, is not reported to Credit Agencies and does not impact the credit profile.
Requesting a Quote for Car Loans with Bad Credit
The circumstances surrounding the credit issues may be considered by the lender. It may be beneficial and strengthen the application by gathering the relevant documents to include. We treat each request confidentially and without judgement.
To start the process, simply request a quote. We will cover off on our large number of lenders to source the best solution that suits individual application details.