Looking to snag a car loan with an ABN but your credit's looking like a horror show? You're not alone, mate. Lenders usually squint hard at bad credit but some specialist financiers will still consider your application if you have a steady ABN-backed income. Expect higher interest rates—think of it as the price for your financial sins—and a smaller loan amount. New car loans might start around 7-15% APR, while used car loans could be even steeper.
Common issues include:
Check out Tradingpost or CarShowroom to gauge prices and ServiceCentral for loan comparisons. Remember to read the fine print before signing your life away.
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