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Bad Credit Car Loans

$50 to $5,000 paid out by *

Fast 3 to 36 month online loans.


100% No obligation loan quote


Get your cash in 15 minutes once accepted*


We don’t credit check or charge any fees†


Car Loans for Bad Credit Consumers

Many people want an unsecured personal loan to buy a used or new car but unfortunately they have a bad credit rating and have often been refused a car loan in the past, however here at MyLenders we have carefully picked our panel of lenders that include lenders that could help you with a bad credit car loan. We believe that everyone deserves another shot at getting their dream car so why not let us help.

Can I still get a bad credit car loan if I have missed payments on my credit file

Missed payments or defaults on your credit history can restrict the amount of lenders that can help and unfortunately that usually means the bigger banks with the lowest interest rates. But the good news is there are still lenders that are willing to help you with bad credit cash loans. Once you’ve completed your personal loan application, based on the information you’ve input our lender panel will find the most suitable car loan for bad credit proposition we have.

Bad Credit Car Loans

What If I want a car loan but have very little credit history 

Ok so here’s the frustrating thing, unfortunately some lenders will view having no credit or very little credit as a bad thing, much the same as having a poor credit rating as they have no history to back their decision on leaving it very difficult to get an online car loan from major high street banks.

Luckily our lenders will look at the information you’ve supplied and base their decision on facts like how much you earn, how long you’ve lived at your property etc etc And the good news is, if you do get approved for a small cash loan for your car this will help your credit in the future, allowing you to apply for a unsecured loan with a better rate later down the line

Car loan for bad credit instant approval 

Ok first things first there are lenders that can offer you a car loan even if you have bad credit, although car loans is not are main focus – we offer unsecured loans & online loans, we do have a few lenders that can offer you a car loan, unfortunately not instantly – but we can offer a decision within a few minutes with funds being transferred within an hour!

I’m on Centrelink Benefits can I get a short term loan for a car?

It can be a struggle get a bad credit cash loan if you’re in receipt of Centrelink benefits especially if its for a car, but from our lender panel there will be a few that could offer an alternative cash loan, it may not be the amount you want to borrow but there is help for anyone who received Income from Centrelink .

Can I get guaranteed approval bad credit car loans

There is a common misconception that whatever your credit score whether it be good or bad that you can get a guaranteed approval bad credit loan, unfortunately this is just not true no lender can give you a guaranteed approval instant cash loan, even if you had the best credit history in the world! – Each lender needs to carry out their diligence to ensure you can afford the quick loan you’re applying for. 

What if I’m self employed? can I still get a car loan?

Car Loan Bad Credit

Yes please don’t worry, just because you’ve decided to work for yourself doesn’t mean you can’t apply for a bad credit car loan. Just as with employed customers where our lenders would look at payslips, employment contracts etc – they instead would look at bank statements and your accounts and make decision based on this, just make sure your financials are up to date!!

Car loans for people on Centrelink

The best way to get a car loan without going through the hassle of doing so at your local dealership is by using one of these websites. They make it easier on you and give you more options than other places do. If you’re on Centrelink, our loans can help get your car running again.

bad credit car loans

The average person with bad credit has a difficult time getting loans for cars. The good news is that there are alternatives, such as personal guarantees and gifts from family members to boost your score enough so you can qualify.

Do you offer no credit check car loans

Unfortunately not, again all our lenders need to carry out checks to check your credit worthiness so they can make a descsison firstly on whether they can offer you a car loan and secondly how much you can borrow. But don’t worry even if you have bad credit we have lenders that can help you, just not with no credit check loans. (Credit Representative Number - 535991) which is an Introducer Appointed Representative of Marketplace Finance Pty Ltd (Credit Representative Number: 487316).  

MyLenders is not a lender and does not make credit decisions. MyLenders matches customer applications with lenders in our network based on the information provided, in exchange for a commission paid by the lender for advertising services provided. There is no guarantee that you will be accepted by a lender or that you will be offered terms suitable for your financial needs. Not all lenders will be able to provide amounts up to $5000. The time required to process and transfer the loan varies by the lender. This website does not directly endorse any particular product or service. Any information on this site should serve as opinion only. As a condition of extending credit, some lenders you may be matched with may run a credit check from a credit reference agency. Late or missed payments may be subject to increased fees and/or interest rates.

1. Subject to application being approved by the lender. Not all lenders are able to provide up to $5000

2. Subject to lenders requirements and approval. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures. 

Consumer Advisory: MyLenders is a loan matching service. This site will submit the information you provide to a direct lender. Upon loan approval, a direct lender may require further information from you which will be collected after we transfer you to their website or they may contact you via phone or email.

All applications will be subject to credit checks and affordability assessments in line with responsible lending. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. Not all lending partners offer up to $5,000 loans, and not all applicants will be approved for their requested loan amounts. Loan repayment periods vary by lender also. Lenders may use collection services for non-payment of loans.

Not all borrowers will qualify for a loan, the operator of this website does not engage in any direct consumer lending, we simply provide a FREE loan matching service to the public. To operate this service we receive a commission from the lender we refer you to.

Auto Decisioning allows lenders to make a decision on your loan application without the need for human interaction, for more information please contact your lender or see their privacy policy.