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Wisr car loan

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Strong credit applicants can enjoy a rate up to 5% lower than the big banks with a Wisr car loan.

If you just need to get from A to B or are looking to purchase your dream set of wheels, a loan from Wisr could help. Wisr rewards its strong credit customers with rates that are lower than the Big Four banks.

Wisr's car loans are flexible and can be used to purchase new or used cars, as well as motorbikes, boats, caravans and other expenses. Wisr is a fully online lender and its application process is quick and easy.

$655 (Includes PPSR registration and private sale fee, if applicable)

Application Fee

From 5.19% (fixed)

Interest Rate (p.a.)


Comparison Rate (p.a.)


Max Loan Amount

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Product NameWisr Secured Car Loan
Interest Rate (p.a.)From 5.19% (fixed)
Comparison Rate (p.a.)6.08%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max Loan Amount$50,000

Things to consider

Wisr is Australia's first neo-lender, an independent and fully online lending institution, which aims to offer its clients a smarter and fairer form of finance. These loans have personalised rates based on its customers' credit histories, with competitive rates offered to customers with strong credit ratings. Its rates start from as low as 5.19% p.a. with a 6.08% p.a. comparison rate and you can apply for up to $50,000. This rate is fixed and you can use the funds for a new or used car, as well as other vehicles and even other purposes.

Features of the Wisr car loan

There are a number of features you can expect from this loan:

  • Loan amount. A Wisr car loan is available from $5,000 to $50,000.
  • Interest rate. Rates start at 5.19% p.a. with a comparison rate of 6.08% p.a. and have a maximum rate of 17.69% p.a. Rates are personalised according to the applicant's credit history.
  • Loan term. Wisr's car loans are offered on terms from 3 years to 7 years.
  • Flexible. This car loan be used for a variety of vehicles.
  • Quick application. The online loan application only takes a few minutes and your application will be reviewed within 24 hours.
  • Quick funding. If approved, you'll have the money in your account in 24 to 48 hours.
  • Automatic repayments. Repayments will be direct debited from your nominated bank account.

Fees and charges

Borrowers can expect the following fees and charges with a Wisr loan:

  • Establishment fee. Wisr's car loan comes with an establishment fee of $655.
  • Late payment fee. If you make a late repayment, you will be charged a fee of $25.
  • Dishonour fee. If there isn't the money in your account for a repayment, you'll be charged a dishonour fee of $2.75. Please note that your bank may charge additional fees for missing a direct debit payment.

However, successful applicants will pay:

  • No monthly fees. There are no monthly fees with this loan.
  • No early repayment penalties. Repay your loan early and save money on interest over the life of the loan.
  • No annual fees. There are no annual fees with this loan.

How you can apply

If you're ready to apply for a Wisr loan simply click "Go to site" and submit an application. You must meet the following criteria in order to qualify:

  • Be over 18 years old
  • Be a permanent resident of Australia
  • Have a gross income of over $30,000 p.a.
  • Have no unpaid defaults in the last five years
  • Have no bankruptcies in the last seven years
  • Not be currently experiencing financial hardship

You'll also need to have the following documentation to hand:

  • Your driver's licence number
  • Your current address
  • Details of your employment

If you want to apply for this loan, you can do so by clicking "Go to site" and contacting Wisr directly. Wisr also offers an option to calculate your personalised rate, free of charge and with no effect on your credit score, prior to submitting an application. Remember to always compare car loan options thoroughly before submitting an application in order to find the best possible financial solution for your circumstances.

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% 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.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.89% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for CUA Secured Fixed Car Loan
CUA Secured Fixed Car Loan

You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.

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