Frequently asked questions

We’re want to get you a loan, fast. Here are some of our frequently asked questions to speed things up.

What is a finance broker/finance consultant?

We work on your behalf. Whether you’re looking for a personal loan or business loan, we’ll learn about your unique situation and look at many lenders to find the one who’s the best fit for you.

What are the benefits of using Bizi Loans?

Other than being an awesome team of people, we also do all the leg work – negotiating with lenders to get the best deal and fast approval.

Does Bizi Loans do loan pre-approvals?

Yes! Our pre-approval process is fast and easy without needing documents upfront.

How long does it take to get a loan approved?

Just a few hours! The process is quick and convenient. We can work with you over the phone or via email.

What document do I need to apply for loan?

You’ll need to prove you’re you, so a valid driver’s license or passport is required. We’ll need proof of residency or Citizenship, and in most cases, we’ll need proof of income in the form of payslips, letter of employment, tax returns etc.

How do I apply for a loan?

Applying is as easy as completing our ‘free quote’ form, by calling 1300 24 94 00, or by popping into our Perth office.

Your office is in Perth. Do you want offer loans to other states?

Of course! You can apply for a loan from anywhere in Australia. We have thousands of happy customers all over the country.

Do you have to put down a deposit?

Approved customers can get 100% finance, so no deposit is required. You may even be able to bundle insurance and on-road costs into the total loan amount.

What is novated lease?

This is where the employer takes responsibility for the lease payments of a car while you are employed by them. This option is suitable for people who can receive a vehicle as part of their salary packaging arrangement.

What happens if I can’t make a loan repayment?

Don’t panic. There are options, and we’re here to help. Discuss your circumstances with us so we can help make alternative arrangements or claim on your credit insurance if applicable.

Does Bizi Loans finance private sales?

We sure do! We can also perform checks to ensure you’re protected against any finance owing on the car you buy from a private seller. We even have our own ‘find my car’ service to find the care you’re looking for and negotiate the best price. And as part of your loan package, we have loan cover and warranty options to ensure peace of mind.

Can you help me get my first car loan?

We sure can. You need to be over 18 years old and meet the lender’s criteria. We’ll have you cruising in no time.

Does Bizi Loans offer loans to those who are self-employed?

Of course! Give us a call and we’ll match the loan to your circumstances.

What if I have bad credit or have been declined for a loan?

We’re well-voiced in helping people who don’t have the perfect credit history. There’s no judgement here! We won’t put a credit check on your file unless we’re confident you’ll be approved for credit. Call us to have a friendly chat about your circumstances.

I’ve been bankrupt. Can I still get a loan?

We’ll work with you to find a solution. We’ve helped clients in the past get a second chance. Chat to us today to discuss your options.

I’m on a 457 visa. Can I still apply for loan?

Absolutely! It’s simple. Your loan term can’t exceed your remaining visa period, and we’ll need to see proof of your visa and employment.

What’s different between an unsecured personal loan and a secured loan?

With a secured loan, you’ll need to offer up an asset, such as the new car you’re buying, as security for the loan in case you can’t meet your repayments. Your lender will have the right to take the asset as payment, which means you pose less risk to the lender, resulting in a lesser interest rate.

An unsecured loan means it doesn’t have an asset as security, resulting in a higher interest rate. These types of loans are often for things such as holidays and weddings.

What is PPSR?

PPSR is the Personal Property Securities Register – a national online register that allows finance companies and other businesses to register their security interest over personal property. We can check the PPSR to see if any money is owing against the personal property. It’s essential to check whether a lender has rights over a car, bike, boat, or caravan before you buy it through a private seller.