Low Doc Car Loans

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How does low doc car finance work?

Are you a business owner? Self-employed? Maybe your employment situation means your income fluctuates, or you’ve been unable to submit tax returns for valid reasons?

If you’re looking for car finance, but you have limited or no documentation to use to prove your income level, we may be able to help you get the car you need.

How do I get low doc car finance?

Because you won’t have regular payslips to prove your income, we’ll need to verify your income for low doc car finance using alternative methods such as conduct of bank accounts, and other acceptable documents.

However, to feel confident that you’ll be able to pay the loan back, lenders may also require information about your previous employment history and a credit check.

What are the benefits of low doc loans?

Obviously the main benefit with low doc loans is needing very little documentation. However, there are additional benefits such as:

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Building up a good repayment history

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Improving your chances of success for future loans

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Helping to kick start a new business, or grow an existing business

Of course, due to the nature of low doc car loans, lenders tend to charge slightly higher interest rates than for other types of car loans. As such, you need to weigh up whether you will be able to service the loan given your current income levels.

Why choose Positive Lending Solutions?

Our team of low doc car finance experts will think outside the square to get you a loan with the best repayment terms possible.

  • 35+ years of experience gives us a distinct advantage over the competition
  • We use over 30 of Australia’s best banks and lenders
  • Making you happy is our focus
  • Industry leading success rate, regardless of your credit history
  • The application process is so simple, it takes less then 30 seconds to fill in our Quick Quote request.
  • Generally, you’ll have an answer within 24 hours
car loan calculator

Car loan calculator

If you want to get an idea of what your repayments will, use our car loan calculator!

Once you’ve got a clearer picture of what your low doc car finance repayments might be, call us on 1300 722 210 to discuss it further, or fill out our Quick Quote form.

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Please note: These repayments are an estimate only, and are based on the accuracy of information provided. It does not constitute a quote. Actual loan repayments may vary based on your personal circumstances, for an exact repayment calculation we recommend completing a quote request.

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