Don't let a bad credit rating get you down. A simple chat with one of our team can open up a world of possibilities.


  • Bad credit loans are possible while on Centrelink benefits
  • We reward honesty with realistic and flexible lending options
  • We’re dedicated to finding the best loan for your personal situation

For a lot of people these days, owning a car is essential. Whether it’s dropping the kids off at school or a simple trip to the shops, the list of uses is endless. Public transport can be a good alternative but for some people, it’s just not a convenient option for getting from point A to B. We often sacrifice some of life’s necessities when times are tough, and financial situations can play a huge role in this. Getting a car loan can be hard enough even with a job, but applying without one can be even more problematic.

Here at Club Money we’re here to help. We’ll listen to you, asses the situation and find the best possible outcome available. Here’s what you need to get your bad credit car loan application ready.

Why wait? Get a quote today
Applying for a bad credit car loan with us is a simple and straightforward process. Click here to start an online application. After accessing your situation our team will get in touch with you – this can take as little as 30 minutes. Once you’ve been approved we finalise the loan and send the funds immediately.

What type of benefits do you receive?

You may think it’s impossible to get a car loan on Centrelink but that’s not necessarily the case. If you receive benefits such as Disability Pension/DSP, Family Tax, and Parenting Payments we may be able to help. A bad credit rating isn’t a deterrent for us either. Talk to one of our experts and see what options are available.

Your credit history

Like any other application for a loan, it’s important to gather all relevant documentation relating to your credit history. You’ll need to get in touch with a credit reporting agency such as Veda or Experion to attain a credit report. Before contacting a lender take a look back and review your status with financial institutions. Have you overdrawn one of your accounts recently? Do you have any accounts in default? It’s best to pay them off before reaching out to a new lender.

Read more: How to Check your Credit Score for Free

Identity verification

For any loan application, a financial institution will always need proof of identification. You’ll need to verify who you are, where you currently live, and what your income is. You will also need to collate and present documentation for your financial history. With the recent trend of online banking and utility provider platforms, it’s never been easier to download and collate this information.

What you’ll need for verification:

  • Proof of identification – drivers licence and passport
  • Proof of residence – utility bills like a gas or water bill will display your address
  • Current income – pay slips and payment summaries
  • Financial history – personal bank statements

Does your partner have a good credit rating?

Don’t be afraid to explore your options for improving your financial situation before applying for a bad credit loan. In some cases, it’s possible to add a partner who’s not receiving Centrelink payments. If their credit history is in good shape, this can significantly boost your chances of getting approval from a lender. It’s important to do a thorough review of your partner’s credit history and ensure all of their accounts are paid off before you include them in the application process.

Find the right car before you apply

Before you even a apply for a car loan, it’s best to weigh up your options and choose the best vehicle that suits your lifestyle. Just because you’re borrowing money doesn’t mean you have to spend beyond your means. Factors such as the age and condition of the car can heavily influence the price. A used car in good condition can save you a considerable amount of money compared to a brand new model – especially when it comes to paying off car insurance.

A few questions you may want to ask yourself before buying a new vehicle…

  • Do you really need a large 4-wheel drive vehicle for the transport tasks carried out?
  • Do you need actually spend any time going off-road?
  • What about fuel consumption and performance?
  • Do you really need a performance car when you could settle for a cheaper, more fuel efficient option?

How can we help?

We’re always striving to find the best and most realistic options for helping out our customers. We’ll access your situation thoroughly before coming back to you with options. We reward honesty and integrity; we’re not afraid to go the extra mile to help out our customers.

Get in touch with and we’ll guide you through the loan application process step-by-step until you’re fully satisfied with the outcome.

Start your application today

Begin your application here or head on over to our car loans page to find out more.