Secured car loans can have a lower interest rate. By providing your car as security for the loan, lenders may perceive less risk and this can lead to a more competitive interest rate being offered.

At Handy Finance, we have a $0 early repayment fee on all our loans, including our secured car loans. You can pay off your secured car loan early without incurring extra fees.

You can! At Handy Finance, we can help you refinance your secured car loan, even if it was taken out with another lender. Give our loan experts a call today to find out more information on how refinancing works.

With a secured car loan from Handy Finance, you can borrow between $2,001 and $100,000. The final amount you borrow may be based on several factors including your financial circumstances, your credit score, income, the cost of the car you want to purchase, and our evaluation scorecard.

At Handy Finance, we can offer pre-approval for secured car loans. Pre-approval can help you get a better idea of how much you can borrow before you start car shopping. You can easily apply for pre-approval – just submit all the relevant documentation online. Once received, our loan experts will review your financial situation and share an indicative decision with you. Pre-approval with Handy Finance is valid for one month. Once this has passed, our credit experts may need to reassess your application to see if your financial circumstances have changed.

There are no vehicle age limits on the car you can purchase with a secured car loan from Handy Finance. There are no restrictions on the make or model you want to buy either.

You can purchase other motorised vehicles with your secured car loan, however one of our other loan products may be more suitable. At Handy Finance, we offer a range of other secured vehicle loans, including motorcycle loans, caravan loans, and boat loans. Contact our team today to discuss the right option for you.

To be eligible for a secured car loan with Handy Finance, you need to be at least 18 years of age, an Australian citizen or permanent resident and have a regular source of income from employment (including self-employment). You must also have no outstanding or unpaid defaults with other lenders, and you must have no history of bankruptcy or be a party to a current court judgment.

When you apply for a secured car loan with Handy Finance, you’ll need to provide documentation that verifies your identity and gives our loan experts an indication of your financial circumstances. This includes documents like your driver’s licence and bank statements.

You can! At Handy Finance, one of the eligibility criteria you must meet before applying for a personal loan is being currently employed. This includes self-employment. You will need to provide bank statements to support your application.

Fast, flexible finance is our motto at Handy Finance. Applying for a secured car loan online only takes a few minutes, and you’ll have an indicative decision soon after. Once your application has been approved, the final funds can be released into your account within 24 hours.

You can use the Handy Finance Car Loan Calculator to help get a clearer picture of your buying power. By plugging in essential information – such as loan amount, loan term, repayment frequency and credit rating – the calculator can show you an estimated repayment sum, as well as indicative interest rates and comparison rates. While this information is only an estimate, it can prove helpful in deciding budget and what to request in your final loan application.

For a more precise figure, you can also receive a personalised quote by filling out the application form online and submitting it along with your ID and bank statements.

Yes, if you can’t make your repayments on time, this can be noted on your credit report. If you are not able to make your regular payments, contact the Handy Finance team as soon as possible, to see how we can work together towards a solution for you.

You can! At Handy Finance, we have a $0 early repayment fee, so you are free to pay off your loan early if your circumstances allow. We understand that financial situations can change – that is why we also allow you to adjust the frequency of your repayments as needed. Get in touch with our loan team to update your repayment schedule.