Can you get a loan against your car?
Yes. If you own a car and require a personal loan, using your current car as security for the new loan, it is possible, in fact, we offer this type of loan against your car at 1800 Bad Credit.
So, do you require a loan against your car?
We enable you to borrow anywhere between $4000 and $20,000 against you current car over a loan term of between 1 and 4 years.
Unlike say pawning your car, you can actually keep and continue to drive your car, we do not need to hold it as security at all.
- Borrow a minimum of $4000 - $20,000
- The car must be valued at least $6000.
- You must be employed and earn at least $750 week (after tax), this can also include family benefits.
- You must have only 2 past credit defaults, or less.
Your new loan can be for any purpose, a holiday, to buy furniture, pay off debts, refinance your current car loan, or any other worthwhile purpose.
** Note: You MUST be employed and able to make payments on your loan against your car, just like a normal personal loan.
Try to get a loan against your car at 1800BadCredit