Second chance car finance
Loans from $5,000 to $75,000**
Don’t be held back by a bad credit history.
Apply for a Finance One Vehicle Loan.
Finance One understands that life’s road can be bumpy at times, so we take the high road with our personal approach to lending when assessing your individual financial situation to ensure we can help you find the perfect finance solution tailored to your needs.
We help improve the lives of everyday Australians with our car loans for people with a bad credit history or no credit history who may have experienced defaults and bankruptcy in the past. If you have a poor credit history, there’s no need to stress just yet! We may be able to offer a car loan to you.
We make the process as stress-free and as easy as possible with our car finance.
We will consider…
We have provided finance to thousands of people who have faced challenges accessing finance.
✓ Poor or no credit history
✓ Discharged from bankruptcy
✓ Defaults on your credit file
Can I apply for a Finance One
Why Finance One? Because we believe in second chances.
Since 2010, Finance One has taken a compassionate and flexible approach to lending to everyday Australians.
We strive to find finance solutions for everyone – even those who have been rejected by the banks. We go above and beyond to help provide smart solutions to your finance problems.
Finance One customers can make extra repayments or increase their repayment amount at any time.^
With offices in Townsville and Brisbane our team is ready to assist you in finding financial success.
Let us answer your questions.
Can I apply for a loan from Finance One if I have a bad credit history?
Yes! Finance One can consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements.
Can I apply for a loan if I receive a pension or Centrelink benefits?
Yes! Finance One can consider 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
What could my interest rate be?
Our interest rates can 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.
Can I make extra repayments, increase my repayments or pay my loan out early?
Yes, you can make extra repayments or increase your repayments. 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.
What documents do I need to provide when I apply?
The minimum documents we require for a consumer loan application 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.