Alpha Finance / Bad credit car loans
Bad credit should not cost you a car.
Defaults, arrears or a low score do not have to stop you driving. We specialise in lending to people the banks have already turned away.
How we assess bad credit
Your credit score is only part of the story. We look at where you are today, not just where you have been.
The whole picture
We weigh your current income and stability alongside your credit history, not just the number.
A fresh start
Past defaults or a low score will not automatically rule you out of a car loan with us.
Lending you can manage
We only approve repayments we believe you can comfortably afford, with the costs explained upfront.
How to apply for a car loan with bad credit
Start with your details and the car you want. We explain how to provide your identity and bank statements for assessment. Approved loans fund cars from licensed Australian dealers. Your approved amount, rate, fees and repayments are set out before you sign.
Common questions
Often, yes. Defaults do not automatically disqualify you. We assess your current situation, including your income and stability, before making a decision.
Ready to get started?
Apply online in a few minutes. It begins with a soft check that does not affect your credit score. We run a full credit check only if you pass our affordability assessment.