Lendly Car Loan

Benefit from Lendly’s simple online application to get on the road in the car you want.

Lendly allows you to apply for a car loan online and can offer you finance if you're buying from a private seller or a dealership. It offers several features to make the car financing process easier, including pre-approval and a quick application process which is entirely online and uses intuitive technology to approve you.

Find out more about how car loans with Lendly work to see if they are the right option for you.

Main points to consider about the Lendly Car Loan

You can apply with Lendly on its website, with its entire application process being handled online. Enter how much you're looking to borrow and how long you need to pay it off to get an idea of your repayments. Lendly offers car loans with terms ranging from 1 year to 5 years. You have the option of choosing to buy or refinance a new or used car. Pre-approval is available. You’re also able to get an instant quote based on your credit rating – just select poor, average or good. Once you’ve completed this online quote you’ll see your options with Lendly.

Features of the Lendly Car Loan

Some of the features that are included with this loan are:

  • Straightforward fees. There are no monthly account-keeping fees or early termination fees associated with this loan.
  • Decision within minutes. Once you have sent through your application, you’ll know whether or not you’ve been approved within minutes.
  • Payment within hours. Once you’ve been approved and have signed the contract, you’ll receive your funds into your nominated bank account within two hours.
  • Digital document signing. Once you’ve been approved, sign your contract online and it will be sent through to the Lendly team immediately.
  • Online access. You’ll have 24/7 access to your online account with Lendly, whenever you need to see how much is left in your account.
  • SMS payment alerts. You’re able to sign up for SMS payment alerts that let you know when you’re due to make a payment. This alert ensures that you aren’t going to miss a payment.

Fees and charges

All of the fees you will need to pay will be outlined in your contract. There are no early termination fees or any account-keeping fees associated with this loan.

How to apply for the Lendly Car Loan

In order to be eligible for this loan, you must click on “Go to Site” and meet the following requirements:

  • Be over the age of 18
  • Have a regular source of income that allows you to meet repayments that have been set by Lendly
  • Possess an Australian Driver’s Licence
  • Have an idea of your current assets and liabilities situation. This will be used to determine whether or not you’re eligible for the loan.

Some of the documents you need to supply include:

  • A photocopy of your current Australian Driver’s Licence

As Lendly aims to keep everything online, once you’ve submitted your application, you’ll get a response in minutes. You’ll have 24/7 online access to your application while it’s looked over by Lendly staff before they let you know whether or not you’ve been approved. You’re also able to sign your contract digitally.

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Car Loan Offers

Important Information*
IMB New Car Loan

You'll receive a fixed rate of 5.89% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Loans.com.au - New Car Loan

You'll receive a fixed rate of 5.44% p.a.
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.

Latitude New and Used Car Loan

You'll receive a fixed rate between 6.99% p.a. and 14.99% p.a. based on your risk profile
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Stratton Finance New Car Loan

You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $100,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.

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