Bad Credit? No Worries. We have a Car Loan for you.
We believe in people getting a second chance, that’s why we have an expertly trained team of understanding finance consultants to help find you a car loan at competitive interest rates. If you have paid or unpaid defaults get in touch and see how we can get you in your new car, fast.
About Bad Credit Car Loans
Not everyone is lucky enough to have good credit. Unfortunately, borrowers who don’t have good credit can find it much more difficult to get approved for a car loan. Lenders will generally look at an applicant’s credit file first, and if that credit file shows a chequered credit history, the application may well be denied.
The reason why lenders put so much faith in the credit file system, is because each credit file allows the lender to determine the applicant’s level of risk. If the applicant has not dealt with credit well in the past, it suggests to the lender that they may not deal well with it in the future. This may make it too risky to lend to that applicant.
But that doesn’t mean people with bad credit shouldn’t be allowed access to car loans. Borrowers who have been denied standard loans on account of their bad credit history may be able to get approved for a bad credit loan instead. Bad credit car loans work in much the same way as standard car loans, except for the fact that the lender is more willing to overlook bad credit.
If you have bad credit and want to apply for a bad credit car loan, just tell us what you need and we will search a range of lenders to provide you with a selection of bad credit loans. Then it’s simply a matter of finding the loan that matches your needs.
Same Day Approvals
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Access to Multiple Lenders
We search a wide range of lenders so you don’t have to!
100% finance, no money down.
No deposit to worry about!
Features and benefits
- Same day approvals for a faster response
- Low rates and flexible terms
- Independent advice from a Personal Advisor
- Pay a lower interest rate by using your car as security
- Fixed interest rate for the life of the loan
- Choose weekly, fortnightly or monthly repayments
Apply for a loan
If you’re looking for a car loan but are worried about your bad credit rating, find out more about bad credit loans from Car Loan World today. Even if you have bad credit, we could find a car loan to suit your needs. Apply now to get started.