When the banks say no, give us a go!
Found your dream car and need to get your finances sorted quickly? We can make Car Loans happen when the banks can't - or won't.
With a Jacaranda Finance Car Loan, you can borrow between $10,000 to $25,000 for your next set of wheels.
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Feel confident you’re getting the right loan for you with terms ranging from 25 months - 48 months, and enjoy same-day pre-approval when you apply.2
With fixed interest rates to help you budget and flexible repayment options at no extra cost, you’re in the driver's seat with a Jacaranda Car Loan.
Even better, you can apply for a loan in just 5-12 minutes1. No boring and lengthy paperwork is necessary; all information and documentation are securely handled online, making the car-buying process as easy as it gets.
Every year, the banks fail millions of Aussies who need to borrow money. This is often purely because they don't have a high credit score, even if they've been good with money lately.
We think that's unfair, as your credit score doesn't define you. So, when that happens to you, come and talk to us.
We're an Australian-owned, operated, fully online digital lender providing fast and flexible loans.
Click here to learn more about what makes Jacaranda great!
With competitive interest rates and no hidden fees, our Car Loans are designed to be fast, fair, and, above all, affordable. See the table below for a quick guide to our fees and charges, or visit our fees page for more information.
In addition to our rapid applications1 and fast pre-approval outcomes2, a Jacaranda Car Loan can provide the following benefits.
Our Car Loans can be used to pay for a huge range of car options including:
To be eligible, the car you're buying:
We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don’t have time to waste on needless paperwork.
That’s why our loan application process has been perfected over time to be as simple and quick as possible. With Jacaranda, you can get conditional approval in minutes, not days.2
We go above and beyond to protect your information and data in the Better Credit app.
Through bank-grade security, secure logins and 256-bit SSL data encryption, checking your credit score in the Better Credit app is completely safe.
See here for more information on data security, or contact our customer service team if you have any further questions.
Not sure if you're eligible? Worried about being rejected? No stress!
At Jacaranda Finance, you can check if you qualify first, and your credit score won't be impacted.
If you meet our eligibility criteria, we'll let you know on the spot. You can then choose to submit an application, which will involve a hard credit check and may impact your credit score.
Browse our most frequently asked questions below to learn more about getting a car loan with Jacaranda.
In Australia, a car loan is essentially just a personal loan used specifically for buying a car. Unlike many personal loans, which can be unsecured - not having an asset used as security on the loan - our car loans are always secured loans. This means the lender can repossess the car and sell it should you be unable to meet your obligation to repay the car loan.
Jacaranda offers two loan products with varying loan amounts that you could borrow:
These two loan products also have varying loan terms:
For detailed information about who our products are designed for, please review our Target Market Determinations.
In addition to qualifying, we have specific requirements for car loan applicants. Generally speaking, however, the car will be eligible as long as it's roadworthy and fits within our maximum loan amount.
There are additional documents we may require about the car, depending on whether you’re buying through a dealership or a private sale. Dealerships generally require fewer documents due to the reduced risk to both the borrower and the lender. See our page on car loans through private sales vs dealerships for more information on the documents we need.
Get in touch with us if you have any questions about whether the car you want is likely to be eligible.
Yes. Our conditional pre-approval can give you the confidence to know how much you can borrow, so you can buy the right car when you find it. Most new applications are processed with conditional approval on the same day during normal business hours once all supporting information required has been provided2.
See our car loan pre-approval page for more information on how this process works.
Technically, our pre-approval lasts for seven days, after which you'll need to contact us to renew it.
Thanks to our fast processing times, seven days could be enough for you to finish the paperwork on your new car, but if not, don't stress! We’ll keep in contact with you during your pre-approval, and if you need extra time, we can easily extend it.
Before you formally apply with Jacaranda, you can check if you qualify for a loan in a way that does not impact your credit score. We do this by performing a 'soft' credit check that is only visible to you.
If you don't meet our initial criteria, your credit score won't be affected.
Once you've checked your eligibility and we've let you know that you do qualify for a loan, you have the option to move forward with a full application.
We will perform a credit assessment during this process, which involves checking your credit report. By submitting a full application, you authorise Jacaranda Finance to obtain a copy of your full credit file, referred to as a 'hard' credit check.
Other lenders will be able to see that you applied for a loan with Jacaranda.
This might impact your credit score.
Review our Privacy Policy for more information.
Visit our rates and fees page to get an idea of the costs associated with our loan products.
The interest rate, fees and charges applied to your loan will depend on your individual circumstances and the information verified during the loan assessment. It will also depend on our assessment criteria, loan amount, and loan term for which you qualify.
Use our loan repayment estimate calculator to get a guide on what your repayments could be.Â
$3,000 - $25,000
