How quickly can I get a decision on a car loan?

Many lenders come back the same business day, and some take longer. It depends on the lender, your situation and how complete your application is. Settlement usually follows within a few days of formal approval.

What credit score do I need for a car loan in Australia?

Our panel of 50+ banks and lenders includes specialists for impaired credit. While prime lenders prefer scores above 600, we have specialist lenders for those with lower scores, defaults, or no credit history.

How much deposit do I need for a car loan?

Many of our lenders offer no-deposit or low-deposit car loans. However, a 10-20% deposit can help you secure better interest rates and lower monthly repayments.

What documents do I need to apply for car finance?

You'll need valid ID (driver's licence or passport), recent payslips, and details about the vehicle you want to finance. Bank statements are submitted via our secure illion link (read-only), not manual uploads. The exact requirements vary by lender and loan type.

Is there a fee for using Simple Loans' car finance service?

Our assessment has no upfront fee. Any applicable lender fees are included in your loan repayments and fully disclosed before you proceed.

Couple collecting their new Chery SUV at the dealership, financed through Simple Loans — Chery SUV

“…Nothing was too much and he answered all of my silly questions.”
Rachael, 27 Aug 2024Review of Curdin on Savvy's Feefo page

Customer collecting their financed Ford Ranger ute — Ford Ranger

Family collecting their new Mercedes-Benz GLB, financed through Simple Loans — Mercedes-Benz GLB

Customer with their financed electric vehicle — Tesla

“…Worked on a weekend knowing there was a deadline.”
Antonio, 5 Oct 2024Review of Seif on Savvy's Feefo page

Couple collecting their financed Jayco motorhome — Jayco motorhome

Customer with the used car she financed through Simple Loans — Used Ford

Customer celebrating her new Lexus UX at the dealership, financed through Simple Loans — Lexus UX

Family collecting their new BMW SUV, financed through Simple Loans — BMW SUV

“…Seif was fantastic and always did exactly what he said he would do.”
Chris, 14 Mar 2026Review of Seif on Savvy's Feefo page

Customer holding the keys to their financed Mercedes-Benz — Mercedes-Benz

New Toyota LandCruiser with a red delivery bow, financed through Simple Loans — Toyota LandCruiser

“Curdin from Savvy was amazing! He made the process a breeze.”
Bindi, 10 Nov 2024Review of Curdin on Savvy's Feefo page

Family with their financed SUV — Family SUV

Customer collecting his new Mitsubishi SUV, financed through Simple Loans — Mitsubishi SUV

“Jack was fantastic to deal with and took the stress out of all the paperwork.”
Rikki, 16 Jun 2025Review of Jack on Savvy's Feefo page

“As always, Savvy's help was faultless, particularly Seif.”
Sue, 28 Apr 2026Review of Seif on Savvy's Feefo page

Simple Loans Australia

Quick and Simple, No Deposit, Aussie loans.

Compare no deposit car finance from 50+ Australian lenders. No upfront assessment fee, no credit enquiry to start.

Compare no deposit car finance from 50+ Australian lenders, including options for apprentices, nurses, teachers, pensioners, veterans and FIFO. No upfront assessment fee, no credit enquiry to start.

See how it works

Australian Credit Licence 509582. Fees and lender criteria apply.

Quotes are Feefo reviews of our brokers, left on the Feefo page of Savvy, a business they have worked with or are working with. About these reviews

Before you apply anywhere: an unnecessary lender enquiry can sit on your credit file for years.

Get the 6-point checklist

The simple way to finance

One assessment with no upfront fee, then we do the running around across our 50+ lender panel.

Compare 50+ lenders

Banks, non-banks and specialist lenders, ranked for your situation in one place.

Two minutes, no upfront fee

Two minutes online and a soft check only. How fast a lender decides depends on the lender and your situation.

Settled end to end

We handle the paperwork through to settlement, so you can get on the road.

Our promise to you

The Soft Check Promise

Three things we commit to before you tell us anything. Checking your options should never cost you a mark on your credit file.

See how it works

No hard credit enquiry without your OKSubmitting this enquiry does not itself create a hard credit enquiry. If you choose to proceed with a lender, a credit check may be required. We will explain that step before a formal application is submitted.
No upfront assessment feeWe do not charge an upfront assessment fee. Lender fees may apply, and we may receive commission from a lender if your loan settles.
One named person, start to settlementA specialist with a name and a phone number handles your file. If we cannot help, they tell you why and what would change it.

Nationwide

Car, truck and business finance, anywhere in Australia

From Brisbane to Perth, our lender panel covers metro and regional Australia. Everything is done online, so where you live never limits your options.

Browse by location

Map of Australia with pins showing cars, a 4WD, a motorcycle, a caravan, a boat and a campervan

Who we help

Real Australians, real approvals

Tradies, nurses, self-employed owners and growing families. Every photo here is a customer we settled finance for. We look at your full situation, not just a credit score, and match you to a lender that fits.

See who we help

Tradie collecting his new Ford Ranger financed through Simple Loans

Mother and daughter with the family SUV financed through Simple Loans

Customer picking up a new Tesla Model 3 financed through Simple Loans

New Toyota LandCruiser with a delivery bow financed through Simple Loans

Whatever your situation

Finance for every situation

Straightforward or complex, tell us once and we check it against our panel.

View all finance options

Broker reviews

What customers say about our brokers

Word-for-word Feefo reviews of Seif, Curdin, Jack and Ethan, the brokers you'll deal with.

Latest reviews

Newest first · not filtered by star rating

Great service, kept in touch during the process, great outcome. Thankyou Jack
Kane C. · 22 Aug 2026Broker: Jack Brooks
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)
Highly recommended
Jack was absolutely fantastic throughout the entire car loan process. His communication was amazing, and he was always very prompt in responding to any questions or updates. He also went above and beyond by regularly chasing up the car dealer to make sure everything was progressing smoothly. His professionalism, communication and attention to detail made what could have been a stressful process incredibly easy and seamless. We really appreciate all his help and would highly recommend Jack to anyone looking for a reliable and professional loan broker!
Jordan P. · 18 Aug 2026Broker: Jack Brooks
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)
5 stars
Savvy felt very trustworthy and was transparent about my options He got it all done within a week and I’m in my new car for the best possible deal for my situation . Highly recommend savvy for a quick turn around and having someone who cares goes a long way!
Beau · 24 Jun 2026Broker: Seif Koura
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)
Super quick
Very quick and efficient service.
Trusted Customer · 23 Jun 2026Broker: Seif Koura
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)
Great time
Jack the guy I dealt with and help me do my loan was incredible not only at his job but as a person and professionally, I couldn’t fault him he gave me tips and tricks for next time, I can’t recommend Jack enough, I hope he gets a pay rise too
Jarrod O. · 21 Jun 2026Broker: Jack Brooks
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)
Great service from Savvy
Seif was fantastic! He was incredibly helpful, thorough, and prompt at communicating with me through the process of securing my loan.
Trusted Customer · 21 May 2026Broker: Seif Koura
Collected on Savvy's Feefo pageSource: Feefo(opens the review on Feefo in a new tab)