Low-Doc Car Loans
Self-employed or have irregular income? Our low-doc car loans require minimal paperwork - just bank statements and basic ID. No tax returns, no financials, no hassle.Self-employed? Get car finance with just bank statements - no tax returns needed.
No tax returns required - ABN holders welcome
What is a Low-Doc Car Loan?
A low-documentation (low-doc) car loan is designed for people who can't easily prove their income through traditional means like tax returns or payslips. Instead of extensive financial documents, lenders rely primarily on bank statements to verify your income and ability to repay.
This makes low-doc loans ideal for self-employed Australians, contractors, freelancers, and anyone with variable or non-traditional income. You get the car finance you need without the paperwork nightmare.
Why Choose Low-Doc Finance?
Get approved without the paperwork burden
Minimal Documentation
Just 3-6 months bank statements and basic ID. No tax returns or financials required.
Self-Employed Friendly
Perfect for ABN holders, sole traders, and business owners who struggle with traditional lenders.
Fast Approvals
With less paperwork comes faster processing. Many applications approved same day.
Competitive Rates
Access specialist lenders who understand low-doc situations and offer fair rates.
Who Qualifies?
Low-doc car loans are perfect for Australians with non-traditional income sources who struggle to meet standard lending requirements.
Typical Requirements
Bank Statements
3-6 months showing regular income
Valid ID
Driver's licence or passport
ABN (if self-employed)
Minimum 6 months registered
Income Declaration
Self-certification of earnings
Important to Know
Low-doc loans typically have slightly higher interest rates than full-doc loans because lenders verify less information. However, for many self-employed Australians, the convenience and accessibility outweigh the rate difference. We'll always explain your options clearly so you can make an informed decision.
Low-Doc Car Loan FAQs
Common questions about low-documentation car finance
Typically you'll need 3-6 months of bank statements showing regular income, a valid driver's licence, and proof of ABN (if self-employed). Some lenders may accept a self-declaration of income. This is much simpler than traditional loans requiring tax returns and financial statements.
Low-doc rates are generally slightly higher than full-doc lo...
Low-doc rates are generally slightly higher than full-doc loans because lenders take on more risk with less verification. However, rates vary significantly between lenders, and we help find competitive options. The convenience of faster approval and less paperwork often outweighs the slightly higher rate.
Yes, some specialist lenders offer low-doc options for those...
Yes, some specialist lenders offer low-doc options for those with less-than-perfect credit. Rates will be higher, but options exist. Having a deposit, longer ABN history, or strong recent bank statements can improve your chances and rates.
Most low-doc lenders require a minimum of 6 months ABN regis...
Most low-doc lenders require a minimum of 6 months ABN registration, though some prefer 12 months. The longer your business history, the better rates you'll typically access. New ABN holders may still have options with a larger deposit.
You can finance new and used cars, utes, and light commercia...
You can finance new and used cars, utes, and light commercial vehicles. Some restrictions may apply to older vehicles (typically 12-15 years max) and higher-risk vehicle types. We can advise on what's possible for your specific situation.
Still have questions? Contact our friendly team