🏠 Renting But Want to Apply Solo?
You’re renting. You’ve got a job. You need a car. But the lender’s application says “guarantor optional” — and you’d rather not ask family to co-sign.
So… can you get approved for car finance without a guarantor while renting?
Absolutely — and most Australians do.
✅ When Is a Guarantor Actually Needed?
Lenders might suggest a guarantor if:
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Your credit file is thin or has defaults
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Your income is unstable or casual
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You’re under 21 with no financial history
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Your rental expenses are high relative to income
But if you’re earning steady income and managing rent responsibly, you can absolutely get approved on your own.
Check your personal eligibility here:
👉 Start now — no credit score impact
🔍 What Lenders Look for (If You’re Renting & Applying Alone)
Lenders focus on:
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Your job stability (full-time, part-time, or ABN)
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A clean or improving credit history
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Your rental history (ideally 6+ months at current address)
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Your bank statements — showing consistent income and no red flags
If you’re missing bank docs, you still may qualify:
👉 Can I Get a Car Loan Without Bank Statements?
🧠 Tips for Getting Approved Without a Guarantor
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Avoid applying with multiple lenders at once
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Minimise debts — even unused credit cards count
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Choose a realistic loan amount and vehicle value
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Apply through flexible lenders like those on our car finance network
👨🔧 Self-Employed and Renting?
If you’re on an ABN or contract income and renting, you may qualify for a low doc small business car loan — no guarantor required, and no mortgage necessary.
Want to confirm eligibility?
👉 How Long Do I Need an ABN to Get Car Finance?
🔄 Changed Jobs Recently?
Even if you're renting and just switched jobs, you can still be approved without a guarantor — especially if your income is steady.
👉 See how job changes affect approvals
🚀 Final Word
You don’t need to own a house. You don’t need a guarantor. If your income is solid and your record is clean, you’re likely to get approved — on your own terms.
👉 Apply today with no co-signer required
DISCLAIMER
The information provided on this website is general in nature only and has been prepared without considering your financial needs, circumstances and objectives and should NOT be construed as financial, taxation or legal advice. For more information, get in touch with our experienced partner brokers today.
