The interest rate you receive will be based on your credit profile and whether you’re buying a vehicle or wanting to borrow for a personal purpose. Unsecured loans, also known as Personal Loans, typically have a higher interest rate than Car Loans.
Why do you need my bank statements?
As a part of the new government regulations that were introduced in December 2021, lenders are required to assess your affordability by reviewing your bank account behaviour.
Do you need to do a credit check?
Yes, all our lenders conduct a credit check on all applications.
How do I get a pre-approval?
Simply fill out our application form and one of our helpful consultants will be in touch within the hour (during business hours).
What if I have poor credit?
Not to worry, we work with several lenders who specialise in lending to those whose credit score may be lower than others.
Can I refinance my loan with you?
Yes - we work with a range of lenders and can work with you to work out and interest rate and repayments that work for you.
If there's anything you're not happy about in your relationship with Lendy, please let us know. We'll do our best to fix any problems as soon as possible through our internal complaints process.
