Loans for Vehicle Repair with Bad Credit

Yes! Finance One can consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements. Talk to us today if you want to finance your vehicle repairs with a bad credit repair loan.

Yes! Finance One can consider Personal Loan applicants who receive any of the following:

• Family Tax A & B

• Parenting Payment

• Carer Payment

• Aged Pension

• Disability Pension

• Department of Veterans Affairs (DVA) Service Pension/Partner Service Pension

Finance One Personal Loan interest rates vary depending on your overall credit profile. This includes, but is not limited to, the stability of your employment and residency status, your credit history, your income and your banking conduct. For tips on improving your profile, you can read our guide on the credit score you need to buy a car.

Yes, you can make extra repayments or increase your repayments. This flexibility may help you pay down your loan faster and reduce the total interest paid on your personal loan. However, some of our loans do have an early payout fee. We recommend you review your loan terms or contact us to confirm if an early payout fee applies to your loan.

The minimum documents we require for a Personal Loan application for vehicle repairs include:

• Three months of bank statements (we will provide you with our secure link to bankstatements.com.au to provide your bank statements);

• Proof of your income; and

• Completed application form and privacy statement.

In some cases, we may also request extra documents, such as ABN or tax details if you’re self-employed, additional payslips if you’ve just started a new job or a copy of the repair invoice from your mechanic.