8:00AM to 5:30PM Weekdays
Excellent professional service. Fantastic customer service and great outcome. These guys are the BEST."

- Basil John
We Make It Easy
Rates From 9.95%*
We Say Yes More Often

Smarter Loans >>> Faster

Unsecured Car Loans

Need a new car in a hurry? Loansmart provides fast online loans with more options tailored to you.

  • Unsecured Car Loans up to $75,000
  • Interest rates from 11.95%*
  • Flexible loan terms from 6 months to 84 months.
  • No slow bank process or annoying paperwork
  • Fast unsecured car loans approved in 1 – 2 hours* online.
  • Low establishment fee
  • Easy to understand rates and fees
  • Same-day payout*

*Subject to responsible lending checks and lending criteria.

Buy with the freedom of cash

Buying a car is so much better when you have the cash in your pocket. Shopping with cash gives you the freedom to choose whatever car you want, from wherever you want.

Unlike car finance companies or banks, which may impose restrictions on what car you can buy, Loansmart’s Unsecured Car Loans give you total freedom to make your own decisions.

Whether you want to buy a car from a dealer, at auction, on TradeMe or Facebook Marketplace, you’re in the driver’s seat.

With cash, you can negotiate a better deal with the seller. You can also make your purchase faster than if you had to wait for a bank or finance company to approve your loan.

Get faster approval

With an unsecured loan, you can get your cash more quickly.

Secured loans require an asset to be secured against your loan, to offset some of the risk to the lender. The downside of this is that it takes time for the asset to be valued, which pushes out the approval time.

With an unsecured loan, you can get approval within just 1-2 hours*, and payment the same day!*

*Subject to responsible lending checks and lending criteria.

How to apply for an Unsecured Car Loan

With Loansmart, we take the hassle out of borrowing.

Our process is simple – just fill out our 2-minute application form and we’ll be in touch to get some more details from you and discuss your needs.

There’s no appointments to attend or pesky paper forms to fill out. You don’t even have to send us your bank statements – we can do that through our secure online portal.

We’ll assess your application and get to work finding you a great deal. Within 1-2 hours*, we’ll present you with some options and you choose the best one.

Loan documents are sent to be signed electronically, and the funds can be deposited into your account the same day*.

At Loansmart, we focus on your needs and provide easy solutions, without making you jump through hoops.

*Subject to responsible lending checks and lending criteria.

Need a car but have bad credit?

Some lenders make it difficult for people with poor credit histories to get a loan, but unlike these lenders, we believe in second chances. If you have enough income to cover your loan repayments, we may still be able to assist you, even if you have a bad credit score.

We want to know about you and your financial situation, and we want to make sure we help you in every way we can.

Your credit score can be improved with a second chance and the right loan structure. If you have bad credit, don’t worry, just give our friendly team a call and they’ll talk through your situation with you.

In most cases, we are able to find positive solutions for our customers, even when they have a poor credit score.

Unsecured Car Loans FAQs

Our unsecured car loan rates start from 11.95%.

Our limit on unsecured loans is $75,000. If you need to borrow more, consider a secured loan, which has a limit of $150,000.

Our loan terms range from 6 months to 7 years. To help make your loan affordable, we can structure your loan over a longer period to lower your monthly repayments.

From wherever you want! This is one of the best things about an unsecured loan – you have the freedom to buy from a car dealer, TradeMe, Facebook Marketplace, or anywhere else you can find a new set of wheels.

With an unsecured car loan, you can shop with the power of cash and negotiate a great deal with the seller. You also have the freedom to choose whatever car you want! With an unsecured loan, there are no restrictions on how you spend the money (as long as it’s legal, of course). Unsecured loans are also faster to process, so you’re likely to get approval more quickly.

With an unsecured car loan, it’s up to you to arrange car insurance. It’s not mandatory, as there are no conditions attached to an unsecured loan, but we highly recommend having insurance. The exception to this is with a secured loan, where you could be required to insure the car as part of your loan.

Yes. We strongly recommend getting pre-approved prior to purchasing your next vehicle. All pre-approvals last for 30 days, giving you plenty of time to find that bargain.

Smarter Loans >>> Faster



Move fast

Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm.
*Subject to responsible lending checks and lending criteria.

Make it easy

No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!).

Make it enjoyable

We keep you updated every step of the way, so you always know where you’re at with your application.

Make it affordable

We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean.

Get a fairer deal, faster from a professional team that cares

Don't Pay More Than You Need

Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.

Benefit from fairer terms, fees, interest rates and a team that cares.

Why Loansmart


We Say Yes More Often

Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved.

More Options Tailored For You

Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options.

Interest Rates From 9.95%*

Our competitive personal loan rates range from 9.95% - 35.50%.
*Subject to credit criteria and the credit profile of the applicant.

Longer Repayment Options

With loan terms from 6 months to 84 months, tailored to your needs.

Faster Approval Process

By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours.
*Subject to responsible lending checks and lending criteria.

Same Day Payment*

*If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning.

100% Easy, Online Process

No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online.

Borrow up to $75,000 Unsecured or more with a Secured Loan

The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms.
Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart!

*Subject to responsible lending checks.