How does getting car finance work?

Getting finance approved used to be a long, stressful, and time-consuming process. Loans For U takes the hassle out of finance and does all the legwork for you. We take your application; evaluate your overall profile and the profile of the asset you wish to purchase and assess it based on the lending criteria of over 40 of Australia’s most trusted bank and non-bank lenders to find you the best finance options for your specific needs.

Rather than shopping around and having to go through the application process with multiple different lenders to find the best deal yourself, we go through this process for you. Using our extensive knowledge of lender criteria and guidelines, we’re able to effectively identify, based on your specific profile, which lender has the best finance product available to suit your needs. This not only saves you time and money, but also helps to protect your credit file from unnecessary application enquiries.

Can I get car finance online?

Yes, here at Loans For U, we can arrange finance both in person and via our secure online systems. We understand that the finance application process can be tedious, and your time is valuable. We try to make the process as streamline and stress-free as possible. We can facilitate online documentation verification as well as online signup, so you don’t have to even be in the same state and us. Simply let your Finance Consultant know what works best for you and we’ll do our best to fit in around your schedule.

How do I start my finance application?

Simple! You can either get an instant online quote and see an estimate of your repayments. Alternatively, if you’re ready to go straight away, submit your application online now to get the ball rolling. If you would prefer to speak to somebody, simply give our friendly Finance Consultants a call on 1800 538 287, they can take your application over the phone and answer any questions you may have.

What documents do I need to provide?

This may vary depending on what type of asset you are wanting to finance, along with your employment status and whether your asset is for personal or business use.

Generally for private vehicle finance, you will need to provide 100 points of identification along with proof of income in the form of a payslip if you’re permanently employed, the last few payslips if you’re casually employed, your most recent tax return if you’re self-employed or your Centrelink Income Statement if you receive benefits.

How will I know what my repayments will be?

You can simply use our handy repayment calculator to get a rough guide on what your finance repayments may be each week/month. Alternatively, for a personalised quote, use our online instant quote system. You’ll be able to get a better indication based on the type of asset you wish to finance and the current market rates available.*

How can I get more information or ask a question?

If you need more information or have any specific questions you would like answered about finance or the application process, give our specialist Finance Consultants a call on 1800 538 287. They’re more than happy to run you through an explanation of the process and answer any questions you have.


* The estimate given in the online instant quote system should be used for information purposes only, it does not take into consideration your specific financial circumstances including your credit score and does not constitute an offer of finance on particular terms. For a personalised quote, speak to our team today on 1800 538 287.