Car Loans for Bad Credit in Canberra & Australia Wide

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Brisbane car finance that will get you on the road again.

Don’t let a bad credit history keep you
from having the car you want.

Have you been putting off financing a new vehicle because of a bad credit history? If you need a car to get to work or for school runs, or if you’re ready for an upgrade on your wheels, let Finance One help find the perfect loan for you.

We provide car finance in Canberra and the ACT, as well as other locales throughout Australia.

  • Loans from $8,000 to $100,000**

  • Loan terms from 3 - 7 years

  • Approvals in as little as 24 hours *

What can I use a Personal Loan for?

The Finance One Difference.

At Finance One, we know that bad credit can happen to anyone, sometimes due to events beyond your control. You might have an old debt from years in the past that has affected your credit history. We don’t think that should affect your ability to finance the vehicle you want or need.

  • Cars
  • 4WD
  • Utes
  • Caravans
  • Campervans
  • Boats
Can I apply for a Finance One Personal Loan?

Can I apply for a Finance One Personal Loan?

Not only can we secure finance for our customers, but we also provide finance especially tailored to people who’ve experienced a negative credit rating in the past. Whether you’ve had an issue with an old credit card or previously filed for bankruptcy, our loans are accessible and we look at every application on a case by case basis, taking your individual situation into account. Get in touch with a member of our team today to find out how we may be able to finance your next car.

  • Income

    Are you receiving regular income?

  • Borrow

    Do you want to borrow between $8,000 to $100,000?**

  • Age

    Are you at least 18 years of age?

  • Credit History

    Defaults on your credit file or discharged from bankruptcy?

Because we believe in second chances

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Flexibility

Finance One customers can make extra repayments or increase their repayment amount at any time.

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100% Aussie

We offer car loans for bad credit Australia wide. Apply now with our easy online loan application.

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Support

Our dedicated support team will get to know you and provide personalised service.

Application requirements for loans for motorcycles Application requirements for loans for motorcycles

You’ll love the benefits of working with Finance One!

When it comes to car finance in Canberra, you just can’t beat Finance One. We offer so many advantages, you’ll be amazed:

  • Bad credit financing: defaults, previous bankruptcies or Part IX Debt Agreements
  • Huge range of loan terms for most budgets
  • Most vehicle types financed
  • Loans for pension and Centrelink benefits
  • Personalised service you won’t find elsewhere
  • Easy application process
  • Quick decision on all loan applications

Frequently asked Questions

What are the steps to quickly apply for car finance in Canberra?

We make applying for car finance with Finance One super easy. First, fill out our online form, or ring us on 1800 346 663. We can let you know within 48 hours* if your loan has been approved. If you’re happy with the loan terms you’re offered, we complete the paperwork, and you can be on your way to a new vehicle!

What are some Finance One requirements for car loans in Canberra?

We have a couple of requirements for our car finance for people looking for a second chance in Canberra:

  • You must be earning a regular income.

  • Your loan amount must be in a certain range (see below).

  • You must be at least 18 years of age

  • You must have a credit history we can check as part of the process, even if your profile contains negative information.

There is no such thing as guaranteed car finance in Canberra, but we have a loan for nearly every applicant that applies with us.

What if I receive Centrelink benefits? Can I still apply?

Yes, you may apply if you receive benefits from any of the following:

  • Family Tax A & B

  • Parenting Payment

  • Carer Payment

  • Disability Pension

  • Department of Veterans’ Affairs (DVA) Service Pension/Partner Service Pension

Can I apply for Finance One loan to buy a ute?

Yes, you can definitely apply for one of our loans to buy a ute. Whether you want to buy a ute, car, a bike for work, a 4WD, a caravan, a campervan, or a boat, you should apply with us.

How much can I apply for with my loan?

Finance One offers loans for between $5,000 and $75,000**. Therefore, you must be able to work within that amount. The total amount you apply for depends on things such as your credit score and your income.

What could my loan interest rate be?

Everyone’s loan rate is different. Like the loan total, it’s based on your individual finances. We look at your income and credit history before proposing a rate to you.

How long do I have to pay back my car loan with Finance One?

Car loans in Canberra with Finance One have terms between 3 and 7 years. When you qualify for a loan and receive an offer, you’ll know how long you have to pay it back.

Does Finance One charge an early payout fee?

Early repayment fees may apply – please refer to your loan terms or contact us to confirm if an early payout fee applies to your loan. 

I'm ready to get started with a vehicle loan application. What now?

If you’re ready to take one step closer to that car or ute you’ve been dreaming of, why wait any longer? Start an application today, and you could have your dream vehicle soon. Still have questions? No problem. Our support team is here to assist our Canberra applicants. Calls us on 1800 346 663.

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*24 hour approvals are subject to satisfactory documentation being provided to assess the application.
**Normal lending criteria, terms & conditions and fees & charges apply.