Low doc car loans provide access to vehicle finance when the borrower is unable to provide sufficient documentation required for standard loan approval.
You will generally qualify for a low doc loan if you are unable to meet qualifying criteria for a standard car loan, and cannot provide proof of income and tax returns for the past two years.
To qualify, you may be asked to sign an
and prove your ability to meet repayments. You’ll still need to meet basic lender criteria, be an Australian citizen or permanent resident, and may be required to hold an ABN (Australian Business Number).