How it works
How it works
Step 1 Apply Online
Click on 'Apply Now!' to submit an application in less than 10 minutes.
Step 2 Pre-Approval
Once we've assessed your borrowing power, we will provide you with a pre-approval to start your search.
Step 3 Pick Your Car & Drive Away
Once you've found your car, we will handle the rest, leaving you to drive away with peace of mind.
C1 knew how to handle my bad credit
Our difference
100% Online
You just need a mobile phone and online banking; we’ll do the rest.
Fair Go
We specialise in bad credit, everyone deserves a second chance!
Free To Apply
No out-of-pocket costs to get pre-approved!
Read real reviews
Excellent
4.9/5
Get a car loan up to $35,000
If you are looking for a new or a used car, from a private seller or car dealership, C1 Car Loans could help*!
Top FAQs
Yes, you can! In fact, we happen to specialise in lending to clients with bad credit. This means we don't look at your credit score number as the be-all, end-all. Instead, we prefer to get a better picture of your finances by looking at other factors. As long as you have no finance defaults in the last 6 months or are currently bankrupt, we'll give you a fair go and take a look at your application.
Yes, but we will usually check with you before doing so. C1 Car Loans understands that most of its clients are trying to rebuild their credit rating and this is why we won't do a credit check until we are confident we can lend to you.
During the term of your loan, we will take security over your car. As soon as you have paid your loan out in full, the car is officially yours.
C1 Car Loans provides secured asset loans mostly to purchase a vehicle. However, we can look at other assets (such as motorcycles, caravans, and boats) but keep in mind that these must have another asset to secure the loan against.
We do not charge any early termination fees at any point in your loan.