Finance if You have Poor Credit or Buying an Older Vehicle
Hi, my name’s Paul McKinley and today, I’d like to talk to you about car loans for people with credit impairment or if you’re looking to finance an older motor vehicle.
Your credit file can be obtained from Equifax (previously VEDA), which is Australia’s largest credit reporting agency. Your credit file score and your rating can be used to find out whether or not you’re eligible for finance, if you are not sure.
We’re pleased to have access to a number of Australia’s biggest lenders, who may be able to assist if;
- you’ve previously been in a debt arrangement or are a discharged bankrupt.
- you’ve got a non-financial default such as a Telco bill.
- you’ve got an unsecured financial default such as a credit card, or if;
- you’ve got a secured financial default such as a car loan.
And these same lenders that can help with these matters can provide car loans on 7 year terms and on motor vehicles up to 20 years of age at the end of the term (most lenders will finance cars to 12 years of age at end of term).
They can also do a Low Doc Loan which means you won’t need your financials, if the loan is for commercial purposes.
Like to know more?
Give me a call at Finance 48 or please just drop me an email. I’d love to help.
08 9227 7233