Generally speaking, loans are divided into two types, consumer and commercial loan
To be eligible for a secured car loan with Affordable Car Loans you must meet the following criteria:
- 18 years or older;
- You must earn at least $34,996 per year before tax ($600 per week after-tax) and meet the following employment conditions:
- You must be employed on a casual basis for at least 3 months;
- You must be employed on a full-time or part-time basis for at least 1 month, or 3 months if you are on probation; or
- You must be self-employed for at least 6 months.
- Valid driver licence or learner licence;
- Permanent resident or acceptable visa;
- You may need your bank login details so that you can securely submit your bank statements to allow us to verify your income and expenses; and
- You must meet our lending criteria.
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