ME car loans

Like the name suggests, it’s a rate that won’t change for the length of your loan contract, as opposed to a variable rate which can be adjusted any time. So if you want to know what your bills will look like from the start, ME’s fixed rate offering could be a good match!

Yes, it does. Opting for an unsecured loan can be especially helpful for those who don’t want to fork out for a fully fledged shiny new vehicle. With ME, you can buy any set of wheels you like.

There’s no point in splashing out on a Maserati if you can’t afford one! So consider an affordable loan amount you feel comfortable with before taking the plunge. ME will consider your financial situation too, by assessing your credit history. Its car loans can range from $5k up to $50k. Not enough? Return to our car loan comparison hub and find a better fit.

ME will give you the flex to choose from a weekly, fortnightly or monthly schedule.  

From 1 - 7 years.

While it’s fine to make extra loan repayments, you can’t access those funds through a redraw facility.

Sure can, and the best part about it is, you won’t be charged an extra fee!

Seamless. All you need to do is head to its site and fill out an online form. ME can also process car loans over the phone, but there are no physical branches around Australia. Be prepared to include plenty of personal info when you apply, so ME can work out if you’re eligible. Things you may be asked to include:

• What your yearly income is and where you work

• Details of your assets and liabilities

• What the purpose of your loan is for

• Your ID, such as a driver’s licence or passport

Once that’s all done, you’ll hear back on how it all went in a couple of business days. Then you can look forward to being the proud new owner of your dream car!