Home Buyer- Previous Credit Issues
Good news — based on the information you provided, you’ve been assessed as having Previous Credit Issues or Paid Defaults.
While this profile is different from traditional lending categories, we work with a range of specialist lenders who support applicants in your situation.
This means you may still access suitable loan options with fair assessment processes, flexible terms, and pathways designed to help you move forward.
Below is a guide to what you may qualify for.
Customers in this category generally see:
1 - 7 Years
12.99%* p.a
Same-Day Approvals*
Dealer and Private Sales
Secured Loans (Security held against the asset)
Note: These figures are indicative only and depend on lender assessment, loan amount, asset type, and verification documents.
You still have access to lenders who specifically work with applicants who have past credit issues or paid defaults, giving you viable options to move forward.
Specialist lenders often provide adaptable loan structures designed to support applicants rebuilding their credit profile.
While past issues can affect lending, your current situation and supporting documents can help strengthen your application and improve approval confidence.
Having a pre-approval in place shows sellers you’re committed and ready, which can still support your negotiating position with private sellers or dealerships.
Rates from 12.99% p.a.
The example repayments below are calculated using an interest rate of 12.99% p.a. over a 5 year term and may include loan or establishment fees added to the loan amount. Actual rates may be higher or lower depending on your circumstances and lender criteria.
| Loan Amount | Interest Rate | Term | Monthly Repayment | Weekly Repayment |
|---|---|---|---|---|
| $10,000 | 12.99% p.a. | 5 Years | $267.53 | $61.74 |
| $15,000 | 12.99% p.a. | 5 Years | $383.84 | $88.58 |
| $20,000 | 12.99% p.a. | 5 Years | $500.16 | $115.42 |
| $25,000 | 12.99% p.a. | 5 Years | $616.47 | $142.26 |
| $30,000 | 12.99% p.a. | 5 Years | $732.79 | $169.10 |
| $35,000 | 12.99% p.a. | 5 Years | $849.10 | $195.95 |
| $40,000 | 12.99% p.a. | 5 Years | $965.42 | $222.79 |
| $50,000 | 12.99% p.a. | 5 Years | $1,198.05 | $276.47 |
| $60,000 | 12.99% p.a. | 5 Years | $1,430.68 | $330.16 |
| $70,000 | 12.99% p.a. | 5 Years | $1,663.31 | $383.84 |
| $80,000 | 12.99% p.a. | 5 Years | $1,895.94 | $437.52 |
Repayments shown are examples only and may include lenders establishment fee added to the loan amount. “Rates from 12.99% p.a.” refers to the lowest rate available to well-qualified applicants. Example repayments are based on 12.99% p.a. Actual interest rates, fees and repayments will vary depending on your individual circumstances and lender assessment. Terms, conditions and lending criteria apply.
To move forward and receive your full comparison of lenders, fees, and repayments, simply continue to the application stage.
Confirm your details
Compare lenders based on your profile
Provide tailored options with no impact on your credit score
Help you gain fast approval and secure the asset
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No — our comparison process does not mark or impact your credit file.
Once we’ve verified your information and matched you with suitable lenders, we’ll provide your confirmed rate and repayment summary.
Yes. Both options are generally available for Excellent-credit customers.
Contact us on 1300350118
Typically your licence and basic income details. Some lenders may request bank statements for verification.
We work with one of Australia’s largest and most diverse lender panels, giving you access to banks, specialist financiers, and low-rate secured loan options.
Instead of applying to each lender individually, we compare their interest rates, fees, terms, and approval criteria — saving you time and helping you secure a competitive option tailored to your profile.
Our loan comparison process is obligation-free, meaning you can review your options confidently before making any decisions.
Importantly, we do not mark or impact your credit file when assessing your eligibility, so you can explore your loan choices without affecting your credit score.
We understand that when you find the right asset, you want to move quickly.
Our streamlined process allows many customers to receive same-day approvals, with supportive communication at each stage. Whether you’re buying from a dealership or private seller, we aim to make the entire process as fast and simple as possible.
Your application won’t be passed from person to person or pushed through a call centre.
You’ll be partnered with a dedicated finance consultant who manages your application, explains your options clearly, and helps ensure your loan is presented correctly for approval. This personalised service often results in faster outcomes and a smoother experience.
Whether you’re buying from a licensed dealer or negotiating a private sale, we help structure your loan correctly for the type of purchase.
We can assist with vendor checks, PPSR reports, invoices, and payout figures — ensuring the asset is protected and compliant for finance. This support gives customers peace of mind, especially when purchasing from private sellers.
No matter where you’re located — metro, regional, or rural — our team can handle your application from enquiry through to settlement.
We work with customers across every state and territory, offering consistent communication, digital document signing, and efficient processing to make securing your loan easy from anywhere in Australia.
All repayment examples are indicative and do not constitute a formal offer. Rates and approval outcomes are determined by each lender’s individual credit criteria. Comparison rates available upon request.
