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From 4.5% (variable)
Interest Rate (p.a.)
$200,000
Max Loan Amount
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Product Name | Rapid Finance Bad Credit Car Loan |
---|---|
Interest Rate (p.a.) | From 4.5% (variable) |
Interest Rate Type | Variable |
Max Loan Amount | $200,000 |
You should carefully look at your monthly budget and find the exact repayments you can make before you apply. Taking out an excessive loan can eventually lead to unnecessary stress on the budget, so only apply for what you need.
You can also get lower interest rates if you can provide security by showing home ownership or other assets. Applicants who have credit card defaults, repossessions or declared bankruptcy are also considered.
Whilst we don't compare Rapid Finance Bad Credit Car Loan directly, below are some similar loans that you can compare
Some of the main features of this loan that make it an attractive option are:
You should be at least 18 years of age and an Australian citizen or permanent resident. Applicants should have reasonable resources to repay the loan. Rapid Finance does not deny loans solely based on past credit history or credit rating.
RapidFinance provides preliminary assessments free of charge. Once you accpet the loan, Rapid Finance receives a commission directly from the lender.
The exact commission varies depending on the type and amount of loan. This commission will be disclosed when the final proposal of loan is given.
If you would like to apply for this loan you can click ‘Go to site’ to submit an online application. Ensure you meet the below eligibility criteria and that you have the required information on hand:
Eligibility criteria
Required documents
This loan is an attractive alternative for applicants who may not be eligible for conventional forms of credit. Rapid Finance provides a quick assessment and considers you even if you have bad credit. Before you apply, compare your car loan options to ensure you find the best terms.