Discounted Personal Loan (Car Loan)
Our Discounted Personal Loan (Car Loan) offers fast pre-approval and flexible loan terms. It's available when loans are secured against a new or used car, caravan or motorcycle up to seven years of age with a loan value greater than $20,000.
Key benefits
- No monthly account fees
- No fees for additional repayments or early payout
- Low rate for cars, caravans or motorcycles up to seven years old^
- Redraw facility against your extra loan repayments
- Flexible repayment frequency - pay weekly, fortnightly or monthly
- Pre-approval valid for 90 days
The process is easy
1. Start your online application
You'll receive a conditional pre-approval response, giving you an understanding of your borrowing position.
2. Our team will get in touch
They'll request any additional information if needed, answer any questions you may have, and talk you through your options.
3. The approval process
If you tick off all the requirements, we’ll let you know if your loan is approved.
What you need to know
When you apply for a loan, please have the following information handy.
Income details
Pay slips, child support, pensions, overtime, allowances, rental income, commissions etcExpense details
Utility bills, rent, board, maintenance, lease payments etcAsset information
Cash savings, value of motor vehicles, shares, bonds, property, furnishings etcAny other loans or liabilities
Such as home loans, credit cards or other debt through buy now, pay later services
Residential and employment details
For the last three years
Identification
Australian driver's licence number and expiry
Do some quick maths
Calculate how much your loan repayments will be, how long it will take to pay back the loan and options for making extra repayments.
