Bad Credit Car Loan From $7,500

Compassionate Support for Your Car Loan Needs.
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Looking For a Car Loan but Have Bad Credit?

At Alpha Finance, we understand that past financial difficulties shouldn’t prevent you from getting the car you need. We believe everyone deserves a fresh start, and that’s why we specialise in bad credit car loans. If banks have turned you down, we can help.

Our tailored bad credit car loans are designed for people who have faced financial challenges. We know that circumstances change, and we’re committed to helping you move forward. With flexible financing options and personalised support, we can help you drive away in your dream car.

We’re committed to transparency and integrity. Our team will guide you through the process, providing personalised attention every step of the way. Don’t let past credit issues hold you back. Start your journey toward car ownership with Alpha Finance today!

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Getting a Car Loan with Bad Credit - It's Easier Than You Think

Fast Car Loans, Even with Past Credit Issues! 

Need a car but worried about your credit history? Alpha Finance believes everyone deserves a second chance. We offer quick and easy car loans with no upfront payment and fast approvals, even if you’ve had credit challenges in the past. Get back on the road and ditch the bus schedule – apply today and experience the freedom of owning your own car!

Apply Online

Complete our quick and easy online application.

Verify Your Identity

We’ll send an SMS link to your phone for fast identity verification.

Connect Your Bank Account

We’ll send another secure link to quickly connect your bank details.

1-Hour Decision

Get a conditional approval decision within one hour!

Loan Calculator

Loan Amount

Years to Pay

Interest Rate

19.95%
19.95
28

*These calculations are provided only as general self-help planning tools. Results depend on other factors and are inclusive of the application fee, PPSR search, and monthly admin fee.

Change Payment Display:

Weekly Payment

Total Interest:
Total Amount Payable:
Total Years:
5 Years
Interest Rate:
19.95%
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Alpha Finance: Your Partner in Bad Credit Car Loans

We understand that bad things can happen to good people. At Alpha Finance, we specialize in helping people with less-than-perfect credit histories get the car loans they need. Even if you’ve been turned down elsewhere, we may be able to help. To improve your chances of approval for a bad credit car loan, here’s what we look for:
  • Stable Income: Demonstrate a regular and consistent minimum income. We consider Centrelink benefits as part or all your income.
  • Honest Application: Be upfront and honest in your application. Transparency is key.
  • Responsible Spending: Show responsible financial habits by avoiding excessive gambling or unnecessary spending. This helps demonstrate your ability to manage loan repayments.

Bad Credit Car Loans

We know bad things happen to good people, so we assess your current position.
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Car Loans On A Pension

We will assess your current position based on your income (Your pension can form part or all of this).
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Car Loans On Centrelink Payments

We will assess your current position based on your income (Centrelink can form part or all of this).
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Single Parent Car Loans

Our single parent car loans are tailored to accommodate diverse financial backgrounds.
Read More

Why Choose Alpha Finance? Your Path to Driving Starts Here

Specialists in Bad Credit

We focus on providing car loans to people with bad credit. It's what we do best.

A "Fair Go" Approach

We look beyond your credit score and consider your current situation. We believe in giving you a fair chance to get the car you need.

Flexible Loan Solutions

We work with you to create a loan that fits your budget, with flexible repayment options.

Fast & Easy Approval

Our streamlined process means you can get approved quickly and drive away in your new car sooner.

Transparent Fees

We believe in clear and upfront communication. No hidden fees or surprises.

Credit Improvement Advice

We want to help you improve your financial future. We can provide advice on how to rebuild your credit score.

Frequently Asked Questions:

General Bad Credit Car Loan FAQs:

What is a bad credit car loan?
A bad credit car loan is designed for people who have a less-than-perfect credit history. These loans recognize that credit scores can be affected by various circumstances and offer financing options to those who may struggle to qualify for traditional car loans.
The main difference is that bad credit car loans are specifically tailored to individuals with lower credit scores. They may have slightly different terms, such as potentially higher interest rates or different eligibility criteria, to account for the perceived higher risk.
While approval isn’t guaranteed, we work with a wide range of lenders, some of whom specialise in even very low credit scores. It’s always worth applying to see what options are available to you.
Applying for a loan can sometimes have a small, temporary impact on your credit score. However, we work to minimise this impact by connecting you with suitable lenders. Getting approved and making timely payments on your loan can actually help rebuild your credit over time.
Interest rates for bad credit car loans may be higher than those for borrowers with excellent credit. This is because lenders consider these loans to be higher risk. However, we’ll work hard to find you the most competitive rates available from our panel of lenders. We’ll be completely transparent about the interest rate offered before you commit to anything.
We believe in transparency. We’ll clearly outline all fees and charges associated with your loan before you sign any agreements. There are no hidden costs.

The type of car you can purchase will depend on the loan amount you’re approved for and the specific lender’s criteria. We can discuss your options with you once you’ve been pre-approved.

The amount you can borrow will depend on several factors, including your income, expenses, and the lender’s assessment of your financial situation. We’ll work with you to determine a loan amount that’s manageable and affordable.

Application Process:

What documents do I need to apply for a bad credit car loan?
Typically, you’ll need proof of identity (e.g., driver’s license, passport), proof of income (e.g., payslips, bank statements), and proof of address (e.g., utility bill). We may ask for additional documents depending on your individual circumstances.
We aim for quick decisions. In many cases, you’ll receive a conditional approval decision within 24 hours or even within an hour if possible.
Simply click the “Apply Now” button on our website and complete our quick and easy online application form.
Our team will review your application and connect you with lenders who are most likely to approve your loan. We’ll then present you with loan offers, and you can choose the one that best suits your needs.

If you have a vehicle with us and your repayments have fallen behind, or if you have an upcoming payment you know you won’t be able to make, please contact us at your earliest convenience. The earlier we know what’s going on, the more we can do to help.

Our friendly team is here to help! You can contact us by phone or email, and we’ll be happy to answer any questions you have.

Call Us

1300 463 466

Send Us An Email

customercare@alphafinance.com.au