Bad Credit

Even with past defaults, late payments, or a low credit score, we work with lenders who look beyond your history and focus on your current situation. At FX Finance, we specialise in flexible options, tailored assessments, and fast approvals — so you can get back on track and into your next car, without the stress. Please refer to criteria below!

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  • Be over 18

  • Equifax Comprehensive Score over 100

  • No unpaid financial defaults in last 6 months

  • No current Bankruptcy's

  • Have less than two SACC loans at time of enquiry

  • Earning more than $55,000 gross per annum

  • With current employer for over 3 months

  • Have a running monthly fiscal surplus of over $500 every month after existing repayments and expenses

  • Existing debt repayments 30% after-tax income

  • Good banking conduct and up to date repayments on existing loans

ADVERSE CREDIT SUITABILITY

PREPARATION

  1. Check your Credit Score in advance with us - Submit Form to Complete Credit Check.

  2. Scan your Bank Statements; ensure there’s no regular dishonors or adverse banking conduct.
    If so, you may have to wait until these are off file before proceeding with finance.

  3. Organize documents for ID Verification (i.e. Drivers Licence & Medicare).

  4. Organize documents for Income Verification - Two most recent payslips from employer OR recent Centrelink Statement.

  5. If more than two SACC loans at time of enquiry or any unpaid defaults within 6 months, arrange full payout.

COMPLETED THE ABOVE?

Enquire Now!

ⓘ please note all policies above are indicative only and subject to change as per lender’s discretion. even if an individual clears policy, it will not guarantee finance approval.