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- Call: 13 11 33
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Fresh start car loans
Think you're out of car loan options due to bad credit? Our fresh start car loans can be shaped to your needs.
Fresh start car loans
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Car loans to fit your needs
There are times in life when you hit a bump in the road, but we don’t think that should stop you moving forward with car finance. With a Liberty fresh start car loan, you could:
Borrow up to $50,0002
Lock in loan terms up to 5 years
Have poor credit history considered
Enjoy discounts for electric vehicles7
Rates from 12.49% p.a. (15.06% p.a. comparison rate1)
Who could benefit from a fresh start?
Liberty fresh start car loans may suit borrowers with income or credit history that falls outside traditional lending criteria, including:
Self-employed borrowers, contractors, and freelancers.
Casual, part-time, or contract workers with steady employment.
Borrowers who have experienced defaults, bankruptcy, or financial hardship.
Younger borrowers or new migrants with little or no credit history.
Car owners looking to refinance an existing car loan.
Rather than focusing solely on a credit score, Liberty considers your actual income and broader financial situation. This can create more opportunities to access the car finance you need.
Easy to understand features, variables and fees
Features
Loan variables
Fees^
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Book a call back
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Liberty fresh start car loan FAQs
Liberty fresh start car loans are designed to help borrowers with past financial challenges who don’t fit traditional lending criteria, even though their current situation may be strong. Our car loans are also suitable for borrowers with variable income, including business owners and casual workers. With a fresh start car loan, eligible borrows could access between $5,000 and $50,000, along with a range of flexible loan features.
Yes, if you’ve experienced a default or financial hardship, you may still be able to access car finance and keep your plans moving forward. We look beyond your credit history to help you find a car loan that fits your current situation and needs. If you're in the market for a car, contact a Liberty Adviser today to see how you can qualify for a car loan.
Your fresh start car loan interest rate and repayment amount will depend on factors such as the loan amount, term and your individual circumstances. To get an idea of your loan repayments, check our car loan repayment calculator.
Liberty offers a range of car loan options to suit your circumstances, with some products offering the flexibility of weekly, fortnightly or monthly repayments. We’ll work with you to find a loan option that fits your circumstances.
Yes, if you're self-employed, a sole trader, freelancer, or work in a casual, part-time or contract role, you may still be able to access car finance.
At Liberty, we understand that different employment types don't always fit traditional lending criteria. We don’t think this should prevent you from accessing car finance, which is why we take the time to understand your individual circumstances and assess your full financial situation.
We can use different forms of income verification and consider a range of factors when assessing your application for a self-employed car loan, rather than relying solely on your employment type.
Yes, if you have limited or no credit history, you may still be able to access car finance. However, having limited or no credit history can make it challenging for lenders to assess your application. This is because there’s less information available about how you’ve managed credit in the past. This may be the case for young people or new migrants who haven’t borrowed previously.
That’s why we look beyond your credit history here at Liberty. We consider other factors such as your income, savings and overall financial position. Depending on your circumstances, a fresh start car loan may be an option for you.
Ready to get moving?
Wherever you are in your journey, help is here however you need it.
Calculate your repayments
Our easy to use online calculator can help you work out what your loan repayments will be.
Contact a trusted adviser
Your local Liberty Adviser will be able to look at your lending options and help you decide the best way forward.
Request a call back
Enter your contact details and a Liberty Adviser will be in touch to help you crunch the numbers.
Our innovation and flexible solutions have helped nearly one million free thinkers.
Free thinkers like us see the possible!
When others see the impossible, we look past that and see what we can achieve together.
We’ve helped nearly one million customers get financial.
Supporting free thinkers from diverse backgrounds for nearly 30 years.
Proudly B Corp certified to make a difference beyond borrowing.
Championing women in sport to make a difference on and off the field.
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We’re highly awarded. But don’t just take our word for it...
Other loans you might like:
Secured personal loans
A product with a rate and size to fit your plans.
- Borrow up to $80,000
- Loan terms of 3, 5 or 7 years
- Vehicle required as security 1C
- Funds available for personal use
Rates per annum from
(6.10%1A)
Comparison rate
Unsecured personal loans
Get access to funds without an asset as security.
- Borrow up to $80,000
- Loan terms of 3, 5 or 7 years
- Simple online application
- Receive money quickly
Rates per annum from
(6.30%1B)
Comparison rate
Things you should know:
1Comparison rates are based on a secured $30,000 car loan over a 5-year term, with no balloon payment for a new car. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable. The actual interest rate applicable will depend on our assessment criteria. Higher interest rates apply where the loan to value ratio is above 120% based on Glass’s retail value. Additional interest rate loadings also apply where used vehicles are provided as security for the loan.
2Maximum loan amount for applicants under 23 years of age is $25,000.
6Interest rate loadings apply to older vehicles, resulting in higher interest rates. Call 13 11 33 or speak with your local Liberty Adviser for details.
7An interest rate discount of 0.25% p.a. applies for new and used plug-in electrical vehicles. Hybrids excluded.
^Other fees, charges and commissions may apply.
^^Early termination fees such as break costs may apply.
1ASecured personal loan interest rates will range from 5.67% p.a. to 19.19% p.a. and will depend on our assessment criteria and the personal loan product you qualify for. Comparison rates range from 6.10% p.a to 20.77% p.a. This comparison rate is based on a secured $30,000 loan over a 5-year term with no balloon for a new vehicle. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.
1BUnsecured personal loan interest rates will range from 6.30% p.a. to 19.99% p.a. and will depend on our assessment criteria and the personal loan product you qualify for. Comparison rates range from 6.30% p.a. to 21.49% p.a. This comparison rate is based on an unsecured $30,000 loan over a 5-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.