Am I eligible for a car loan?
To be a eligible for a Jacaranda car loan you must:
- 18 years of age
- Be an Australian Citizen or Permanent Resident
- Have a valid Australian driver’s license
- Have an active mobile number and email address
- Be receiving a regular income into a personal bank account for the last 90 days
Is the interest rate fixed or variable
Jacaranda’s car loans are fixed rate loans.
How do I apply for a car loan
To apply for one of Jacaranda’s car loans, firstly, scroll up to the top of this page to find our loan calculator. Select the amount you’d like to borrow and the repayment period and click ‘Apply Now.’ Fill in the quick application and submit your supporting documents.
Our assessors will then determine if the loan you’ve applied for is both suitable and affordable for you. We aim to have all applications assessed and settled the same day we receive them, during business hours.
Are your car loans secured?
Yes, all Jacaranda car loans are secured. In some cases, you can secure your loan with the car you’re purchasing.
I’ve got a bad credit rating. Can you still offer me a car loan?
Yes! We can offer car loans to people with bad credit. Of course, we cannot guarantee approval, but we can look past your less than perfect credit score when assessing your application.
Don’t let bad credit deter you from applying. We’ll do our best to approve you for a suitable car loan.
Can I get a car loan to purchase a used car?
Yes you can! Jacaranda doesn’t discriminate on what car you’re looking at purchasing. Whether you’re after a new or used car, we could provide you a loan to purchase it.