In 2025, securing car finance with bad credit in Australia can still be challenging, but it is far from impossible. With many Australians facing financial difficulties, there are several lenders in the market that specialize in helping individuals with poor credit histories secure car loans. If you're looking for a reliable lender, it’s important to consider those who are experienced in dealing with bad credit and offer flexible loan terms. Here’s a look at some of the best options available for car finance with bad credit in 2025.
1. Mogo Finance
Mogo Finance is one of the leading non-bank lenders in Australia and offers competitive car loans to individuals with bad credit. Their flexible loan terms and fast approval process make them an attractive option for people who have struggled with credit issues in the past. Mogo Finance specializes in providing car loans to borrowers with low credit scores, including those with defaults, bankruptcies, or previous repossessions. They also offer a straightforward application process that can be completed online, making it easy for borrowers to get approved quickly.
2. Now Finance
Now Finance is a popular lender in Australia known for offering tailored car loans to people with poor credit. They understand that life can sometimes cause financial setbacks, and they provide bad credit loans with reasonable interest rates for individuals with recent financial difficulties. Now Finance’s application process is simple, and they work closely with borrowers to find a loan option that suits their financial situation. Their transparent approach ensures that there are no hidden fees or surprise costs, which makes them a reliable option for borrowers with bad credit.
3. Credit One
Credit One is another lender that offers car loans for people with bad credit in Australia. They are a reputable non-bank lender with a history of providing accessible finance solutions to individuals who may have been turned away by traditional banks. Credit One offers a range of flexible loan options, and their online application process is designed to be quick and hassle-free. They also provide a variety of repayment options, allowing borrowers to find a repayment plan that works for them. While they may charge higher interest rates for those with bad credit, their competitive loan terms make them a viable option for many.
4. Pepper Money
Pepper Money is a well-known lender that provides car finance to borrowers with poor credit. They specialize in offering loans to individuals who may have had difficulty securing finance from mainstream banks. Whether you have a history of late payments, defaults, or other financial issues, Pepper Money offers tailored car loan solutions to help you get back on track. Their application process is straightforward, and they take a holistic approach by considering your current financial situation, rather than focusing solely on your credit score. Pepper Money's flexibility makes them an appealing option for people with bad credit.
5. Auto Finance Online
Auto Finance Online offers car loans to individuals with bad credit in Australia. They work with a wide range of lenders to help borrowers secure competitive finance deals, even with a low credit score. Their online platform allows for quick and easy loan applications, and their team works hard to find the best possible loan terms for each borrower. They offer both secured and unsecured loans, which gives you flexibility in choosing the loan option that suits your needs. Although the interest rates may be higher for those with bad credit, Auto Finance Online's broad network of lenders increases your chances of approval.
6. Car Finance 24/7
Car Finance 24/7 is another option for people with bad credit looking for car loans in Australia. This lender is known for offering fast approvals and helping borrowers with a poor credit history get access to the funds they need. Car Finance 24/7 works with a variety of lenders who specialize in offering car loans to individuals with financial challenges, ensuring that they can provide you with the best options available. They also offer flexible loan terms and the option to apply for a secured loan, which can improve your chances of approval.
7. GO Getta
GO Getta is a well-established car loan provider that specializes in bad credit car finance. They offer both secured and unsecured loan options, which gives you the flexibility to choose the best deal for your situation. GO Getta understands the challenges that come with poor credit and works to provide tailored car loans for individuals who have faced financial difficulties. They offer a simple and easy online application process and typically provide quick approvals. While their interest rates may be higher for bad credit applicants, their flexible loan terms make them an accessible option for many borrowers.
Conclusion
When looking for car finance with bad credit in 2025, it’s important to consider lenders that specialize in offering loans to individuals with financial difficulties. Mogo Finance, Now Finance, Credit One, Pepper Money, Auto Finance Online, Car Finance 24/7, and GO Getta are all reputable lenders in Australia that cater to borrowers with poor credit histories. While the interest rates may be higher, these lenders offer flexible loan terms, quick approval processes, and personalized solutions that can help you get the car you need. Always compare loan terms and ensure you can afford the repayments before committing to a loan.
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.
