Australia's Easiest Way to Get a Car Loan
Our unsecured car loans offer the market’s lowest interest rates and most flexible terms. Take advantage of our huge panel of 80+ banks and lenders, and achieve an affordable repayment schedule completely tailored to your financial situation.
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What Is Unsecured Car Finance?
Borrowers wanting to purchase a vehicle without providing any collateral might consider an unsecured car loan. It’s a type of personal loan used to purchase new and used vehicles, with approval based entirely on your credit profile.
To be eligible for an unsecured car loan, a solid repayment history and high credit score are essential, especially for the market’s most affordable interest rates. Due to the absence of collateral, lenders generally impose stricter lending criteria, such as lower loan amounts and higher interest rates, compared to secured car loans.
Unsecured car finance is an ideal option for buyers with an excellent credit history who are unable to provide suitable assets, or who would prefer not to use their assets, for security. Our team of brokers are a wealth of lender information and knowledge. Give us a call to determine if unsecured car funding is right for you.
Car acquisition without asset encumbrance
Approval determined by credit and repayment history
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Know the Difference Between Secured and Unsecured Car Funding
Secured car loans use the vehicle being purchased as collateral for the loan. Under a secured credit facility, the security for the lender’s risk is reduced, allowing borrowers access to some of the market’s lowest rates and highest borrowing limits. Our secured car loan options are generally well suited to buyers requiring predictable monthly repayments and the maximum loan amount.
Conversely, unsecured car loans do not require any collateral. These loans are best suited to borrowers who can’t – or who would prefer not to – tie their assets to a loan. Under this loan facility, the lender assumes more risk, leading to higher rates and lower borrowing limits compared to secured loan facilities.
Unsecured car loans provide flexibility and convenience to buyers. At Easy Car Loans, our range of fixed and variable unsecured car loan rates mean borrowers can tailor their repayments to their specific financial situation.
Why Unsecured Car Funding May Work For You
Our low-rate, flexible term unsecured car loans suit various financial and personal situations. Useful for purchasing secondhand vehicles, collectors cars, or restoration projects – generally not accepted as suitable collateral by lenders – our unsecured car loans boost funding accessibility for borrowers to acquire the best possible funding for their requirements. It’s also a suitable option for buyers with good credit who lack assets for a secured loan facility.
Maximise your funding benefits by choosing Easy Car Loans for your unsecured motor vehicle loan. We are committed to securing the best rates, loan terms and borrowing limits to ensure each of our customers secure a workable loan for their vehicle purchase. Our brokers match customer profiles with the most suitable lender, facilitating access to the lowest possible interest rates. We service car buyers of all types, with no referral. To start the process, simply connect with us online or by phone. We’ll provide you with a quick quote and our best offer, and facilitate any additional arrangements.
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Australia’s Easiest Car Finance
The easier way to source affordable, cost-effective and cheaper car loans and business vehicle finance!
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