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Car Loans for Pensioners

October 29, 2019 10 minute read
Car Loans for Pensioners

Time to hit the road!

Have you had your eyes on a particular set of wheels in the car dealership for some time? The only problem is you don’t have enough funds right now to pay for it? It’s okay, you’re definitely not alone. Luckily, this isn’t the end of the road for you. Jacaranda Is here to help you get behind the wheel. 

Have you been googling ‘car loans for pensioners’? Searching for a lender that you can trust? At Jacaranda Finance, we’re the lender with a difference. We’re proud to offer reliable car loans to our customers from $5,000 to $35,000. Although we cannot guarantee approval for all applicants, we can guarantee that everyone will be given a fair assessment. We understand that sometimes you need a leg up. Our team will always do our best to match you with a suitable car loan. 

About Us: Jacaranda Finance

At Jacaranda Finance, we are dedicated to making car loans and personal loans more accessible to everyday Aussies. Our team does their best to provide a fair reasonable assessment to every applicant. We believe in honesty and transparency. We won’t just tell you what you want to hear and waste your time. If we can find you a suitable loan product that suits your financial circumstances then we’ll let you know as soon as possible.

However, if we can not provide you with a suitable loan, we’ll be upfront with you. We are all about speed, convenience and reliability for our customers. If you choose to apply during AEST business hours, a member of the Jacaranda team will do their best to get back to you with an outcome in 60 minutes.

Our application and loan approval process is 100% online. So, you can apply anytime, anywhere, whether you’re on the go or lazing around your living room. Our online application form only takes you a few minutes to complete. We won’t ask you to print out pages and pages of unnecessary paperwork – we won’t even ask you to fill out any paperwork. Life is busy – we get it, so all you really need to apply is a spare few minutes.

What Are Car Loans For Pensioners?

So, what are car loans for pensioners? At Jacaranda Finance, we provide car loans between $5,000 and $35,000 over a term of 1-5 years. We understand that sometimes a pension, Centrelink or Government benefits are a necessity. That’s why we give everything a fair go when assessing their application and can offer car loans to people with bad credit and people on Centrelink. 

Our team does their best to provide you with a loan product tailored to your financial situation. It is important to remember that every financial situation is different. Due to this fact, our team can not guarantee a definite ‘yes’ or ‘no’ answer to pensioners regarding approval for a car loan before an application has been submitted.

The Jacaranda team aims to promote financial health and wellbeing – we do not want to see you in further debt. This means that we will always conduct a thorough and fair assessment of your application in order to ensure a personal loan is appropriate for your current financial situation.

Loans for pensioners

Why Trust Us?

If you’ve been googling ‘car loans for pensioners’, ‘car loans for single parent pensioners’ or ‘low-interest car loans for pensioners’ stop where you are. Jacaranda could match you with a lender in minutes. We do our best to give all Aussies a fair go at a personal loan. We are your local lender you can trust for car loans for pensioners and personal loans alike.

Sometimes you need a helping hand for when life happens – we get it. On top of that cars are very expensive and a lot of people don’t have the cash up front to fund their dream set of wheels. That’s why we are making the process simpler than ever. You could submit an application 100% online in a matter of minutes. Our team will conduct an assessment and do their best to match you with a loan – pensioners, bad credit and all

Who Can Apply?

Before you apply, take a look to see whether you meet our simple requirements. So, if you can say ‘yes’ to the following, you could scroll up and apply now:

  • Must be over 18 years old
  • Be an Australian citizen or permanent resident
  • Have a driver’s licence
  • Be receiving a regular work income into a personal bank account for the last 3-months

Will I Need To Provide Documentation?

When you apply with Jacaranda, we won’t ask you to provide pages and pages of unnecessary documentation. Our team prefers to cut straight to the chase. Our 100% online application form could only take you a matter of minutes to complete and we will do our best to give you an outcome in as little as 60 minutes (if you apply during our regular business hours). Here’s what you’ll need to have handy:

  • Personal contact details (e.g. your mobile number and email address)

Employment Checks

Have you been wondering ‘will Jacaranda conduct an employment check when I apply for a car loan for pensioners’? We’re glad you asked. At Jacaranda, we won’t always conduct employment however if we do it will be to request further information. There is no cause for concern, it’s just a routine part of the assessment. None of your private information will ever be disclosed – not even the reason why you are applying for a personal loan. Your privacy is always a priority. If you have any queries or concerns our team is here to help, so get in touch!

Online Banking

Wondering why you may have to provide online banking details? As a part of the loan assessment process, we will access read-only copies of your bank statements. There is no need to worry – they won’t actually access your real bank account. Why do we look at your bank statements? Bank statements give us a better idea of your spending habits, income and pre-existing financial commitments and allow us to determine whether or not a car loan for pensioners is right for your individual financial circumstances.

We use the latest in safe banking technology to ensure your information is always encrypted – no one will ever be able to view your passwords or personal information. If you are at all concerned regarding this process our team is here to help – so, get in touch!

Car Loans For Pensioners With Bad Credit

Are you a pensioner with poor credit? Have you been googling ‘car loans for pensioners with bad credit’, ‘no credit check car loans for pensioners’ or ‘car loans for single parent pensioners with bad credit’? Well, you will be pleased to know that we can offer car loans for bad credit. Unlike a traditional lender such as a bank, Jacaranda Finance takes a fresh approach to lending and we won’t assess your application solely on the basis of your credit score. 

We will still conduct a credit check, however, our team will look deeper. Your income, pre-existing financial commitments as well as your employment status will all be considered to ensure you will be able to comfortably make repayments on your loan. Our lending partners want to ensure you can repay your loan – after all, that is the most important part.

So, if you’ve got bad credit and you’ve been thinking about applying for a personal loan, we suggest you go ahead. The application itself will cost you nothing to submit and you could have an answer from our team within 60 minutes (if you apply during AEST business hours). At Jacaranda, we do not guarantee that our team will be able to offer you car loans for pensioners, however, we do guarantee all applicants a fair assessment. 

4 Ways you can save when buying a car

Buying a car is one of the biggest purchases a person will make in their life. Unfortunately, sometimes you may not get the best deals when buying your first car and there are a few things you should be looking out for. By keeping some factors in mind next time you go to the car dealer, you’ll be able to save some money. Here are 5 things you should consider before buying your first car that can help boost your savings: 

  1. Right Timing. When you plan on buying your car is actually a very important factor to consider when trying to save your money. The three main periods you’ll most likely get the best deal include the end of the financial year, end of every month, and either end or the start of the year. With these time frames in mind, you’ll be able to get better deals as car dealers will be trying to clear their stock and reach certain sales targets.
  2. Additional Costs. Before stepping into the car dealership, think about your budget. The reason we mention additional costs is because you should consider what you’ll be able to afford. Don’t go for a car that’s equivalent to your maximum cost as you should also calculate other factors such as fuel, registration, insurance, maintenance, etc.
  3. Extra Features. Now that you’ve planned out your budget and what you can afford, consider what type of car suits your budget and needs, and whether you want to add extra features. Extra features can include leather interior, different paint or having tinted windows, etc.
  4. Make some decisions before going to the dealership. It’s best to have an idea of what car model and features you plan on buying. This can take off the pressure of making a decision at the dealership and can help you stick to your budget and avoid paying more for what you saved up for.

What Makes Us Different?

What makes Jacaranda Finance Different from the rest? Well, it’s simple. 

Speedy Applications

If you’ve been searching for a fast personal loan then look no further! With Jacaranda Finance, you could apply anywhere and at anytime. There are no long application forms or paperwork to fill out. We believe finding a car loan should come with any added hassle or stress. We could give you an outcome in 60 minutes.*

Quick Outcomes

Why should you have to wait days and days for an outcome on your quest to a car loan? At Jacaranda, if we aren’t able to offer you a loan, we won’t waste your time. We’ll tell you as soon as we can. Submit your application during AEST business hours and you could get an outcome in 60 minutes. 

Our Customers

At Jacaranda, we don’t exist without you! That’s why we always put our customers first. Our team is dedicated to providing the best possible customer service. We understand that sometimes we all need a helping hand.

Has life thrown you a curveball (or two)? Or may you need to helping hand financing the car of your dreams? Whatever it is, why go at it alone? At Jacaranda, we aren’t here to judge – we just want to make it possible for you to get back on your feet. Our team takes great pride in what they do. As much as we would love to help everyone, this is not always possible. We are responsible lenders – that means we have a duty of care to our customers. Our team will never partner you with a lender if we believe you will not be able to repay a loan. At Jacaranda, we want to help you relieve stress – not cause you more!

Apply Today!

If you’ve been thinking about submitting an application, what are you waiting for? Our process is simple and easy. At Jacaranda, submitting an application is 100% online and you could hear back from us in record time. The best part is, we won’t charge you anything for an assessment. If we can’t offer you a car loan, we won’t charge you a cent. If we are able to offer you a loan, however, you could have the money in your account much sooner than you think. Sometimes on the same day!

*if you apply during AEST business hours

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Last updated: 19/08/2020, 10:00am

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