No Credit Motor Vehicle Finance
For car buyers with no credit, bad credit or even a poor credit score, sourcing new credit, including motor vehicle finance, can present serious challenges. But buyers should be aware that achieving a loan offer is not a complete impossibility. Achieving workable, affordable vehicle finance may come down to the approach taken.
Buyers with no credit may, with the best intentions, lodge as many finance applications as they can find lenders, with the hope of one lender making them at least an offer, any offer so they buy their car. The negative outcome of these good intentions can be a further deterioration of their credit rating. Why? Because lenders report finance applications to the Credit Reporting Agencies and they appear on individual credit reports. Lenders may view this negatively.
There are lenders that are open to discussing car finance for applicants with poor or bad credit. They may be more difficult to identify than the major banks and large finance companies. Those with no credit may benefit from engaging the services of an experienced finance broker to assist them. We make that step easy as we can connect you with a specialist motor vehicle finance broker.
Easy Tip: Before applying, get a copy of your credit report and see if any errors can be fixed. Pay off other loans and reduce credit card balances to reduce overall liabilities and present a better balance sheet.

No Credit Car Finance Options
Car buyers requiring a loan with no or bad credit are welcome to request a quote from us. We have access to a wide range of lenders and will source quotes to present the options for consideration. Where an applicant is accepted by a lender for poor credit finance, they may select the loan type or finance product that best meets their requirements.
No Credit Car Loans – Private Buyers
The loan types are:-
- Secured Car Loan
- Unsecured Personal Loan
No Credit Vehicle Finance – Business Buyer Options
The selection of business finance products to select from include:-
- Chattel Mortgage for Motor Vehicles
- Vehicle Leasing
- Commercial Hire Purchase for Motor Vehicles

No Credit Car Finance Expectations and Possibilities
We address every request for assistance with no credit motor vehicle finance on an individual basis. Lenders will often consider the circumstances surrounding the credit issues during the approval assessment process.
While each application will result in individual outcomes, there are some general expectations to consider:-
- A higher interest rate would typically apply.
- Additional security may be required.
- Business buyers may have personal credit history reviewed in addition to reviewing business documentation.
- A lower loan amount may be requested to reduce the level of risk for the lender.
Action – Contact us to discuss the options we may be able to assist with No Credit Vehicle Finance.