Struggling to show the right paperwork to get approved for a car loan? National Finance + Loans can help you find a range of competitive low rate low-doc car loans and no-doc car loans.
Generally, borrowers who look for this type of loan run a small business or are a self-employed sole trader (with an ABN). Some borrowers who fit this category are unable to prove appropriate levels of income in the form of pay slips, bank statements, tax returns and other types of paperwork.
If you are unable to prove your income, it's best not to apply directly to a big bank as their lending criteria is not as flexible as smaller banks and other non-traditional lenders. Applying directly to banks without seeking alternate solutions may lead to unnecessary loan rejections, this can have a very negative impact on your credit rating.
Our teams are knowledgeable and experienced in finding different types of low-doc car loan solutions and no-doc car loan solutions from our panel of over 20 lenders. Our panel of lenders includes banks (both big and small), non-traditional lenders, and peer to peer lenders. This means we can help you find low rate loans that you might not see advertised.
A Low-Doc car loan or a no-doc car loan is a loan type designed specifically for borrowers who are unable to demonstrate suitable evidence of income on paper (pay slips, banks statements, tax returns)
Want to start finding Low Doc Car Loan solutions? Get National Finance + Loans on your team. Ask questions or apply today by phone, online or in person.