Metro Loans can arrange vehicle loans for people who have bad credit or have been rejected by traditional lenders for some reason. Flexible lending terms mean we can help most people get a car loan.

Bankruptcy

Most lenders will not consider providing personal loans or car loans to individuals who have been bankrupt. We may be able to assist you if you have been discharged from bankruptcy for at least six months. As long as you have secure employment we will most likely be able to help you. Generous lending terms apply.

We can also help you if you are currently in a Part Ix debt agreement.  As long as you have been in the agreement for a minimum of 18 months and your conduct has been good we can probably help you.

Defaults/Judgments

Generally people with defaults or judgments on their credit file will be rejected by the banks when applying for a car loan.

At Metro Loans we look at things a little differently! We welcome you if you have had some credit issues in the past.

We have had some excellent success with default and judgment situations in the past and encourage you to contact us to discuss your particular situation.

Casual Employment

We can help you with a car loan if you are casually employed. If you have been casually employed for at least six months we can normally use all your income to assess a loan. You can even be a discharged bankrupt/Part IX or had defaults on your credit file.

If you have been casually employed for less than six months we can use 50% of your income to assess the loan.

Centrelink Recipients

We can use Centrelink payments as long as it is accompanied by paid employment.