When you’re in a bind and need fast cash now, Loans Against Cars are a popular option. These secured loans allow you to receive funds using your car as collateral because it’s a valuable asset that you own.
Get a secured loan against your car without the hassle
Apply now
How do Loans Against Cars work?
Looking for a secured online loan? Our process is simple. Fill out the application and show that you own a vehicle, like a motorcycle or car. Because you own your vehicle, you have access to more loan options, helping you get the cash you need today.
While some other loan companies will keep your car for the duration of the loan, Swoosh is different. You can keep driving your car while you are paying off your loan.
With Swoosh, it’s only 3 steps
We like to keep life simple and stress-free with our quick and easy 3-step process.
1. Complete an online application on your mobile phone, computer or tablet. Applications only take minutes.
2. Approval of your loan is provided within 60 minutes of receiving your information (during business hours)*. The decision will arrive promptly — right in your inbox.
3. After approval, an offer is sent to you via email. Once you’ve signed the contract, we’ll send the money directly to your bank account!
Can I get a loan on my car?
We’re all about helping one another, and that’s why we only have 4 criteria for our loans against cars.
You must be:
At least 18 years of age
Be a permanent resident or valid visa holder of Australia
Employed for 3 months or more
The owner of a vehicle registered in your name
Apply for a loan today for a super speedy answer. Remember that applications can be paused or stopped at any time — there are no obligations resulting from the application.
Structure for Loans Against Cars
At Swoosh, we give you all of the information upfront.
Here are all of the details on our secured collateral loans:
| Online cash loan amount | $2000-$5000 |
| Application fee | $0 |
| Standard establishment fee | $400 |
| Other Fees | $16 |
| Annual Interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
| Flexible repayment options | Weekly, fortnightly or monthly (based on your paydays) |
Interest rate details
Our interest rates are fixed for the term of the loan — making things easy and straightforward. Rates are calculated daily on the outstanding balance.
Can I get a loan against a car if I have bad credit?
Yes, it is possible! Our car collateral loans are based on your current situation, not your past credit reports – this is why we offer bad credit loans.
After evaluating current bank statements we determine whether you have the ability to repay the loan. This way we don’t solely rely on a credit check – bad credit history follows thousands of Australians each year and we at Swoosh understand that this can happen to anyone. So if you’re able to pay off the loan now, you can borrow money against your car and get your cash flow sorted.
Debit dishonour fee
A $35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid. You must still continue to pay the usual interest charges as described.
Why get a loan against your car?
Swoosh customers find that getting a loan by using their car as collateral is perfect for situations like:
Family emergencies and expenses
School tuition and training programs
Upcoming weekend, holiday, or travel plans
Anything else that’s urgent and can be repaid later
The Swoosh difference
At Swoosh, we understand that unexpected events and emergencies happen that you’re unable to budget for in advance.
When you choose Swoosh for your loan, you benefit from these services:
- An easy online application that can be completed from a smartphone, tablet, or computer
- Super speedy loan approval (usually within 1 hour of receiving all your information during business hours)*
- Direct deposit of the funds into your bank account
- Flexible repayment options
- A 100% secure online process
- No hidden fees or nasty surprises
- Friendly and helpful customer care team
Our commitment to responsible lending
At Swoosh, we always practise reliable, responsible, and trustworthy lending.
We share our cost structures upfront, and only approve applications when we know they can be repaid. Unlike other digital lenders, every application is reviewed by a professional (human!) assessor — always following responsible lending criteria.
No worries
We are here to help — not to add more stress.
We communicate details up front and stay in touch with you throughout your loan term.
When you have questions, you can contact our easily accessible customer care team.
Frequently asked questions
Check out our FAQs and make sure all of your questions are answered.
You can also read our Swoosh Money Blog for inspiration, motivation and friendly tips on effective finance management.
Personalised support
Our Customer Care team is trained to help people, no matter their circumstance.
If you have any questions or want to review your personal situation with a professional, contact us today.
Got questions?
Contact us to get your questions answered, or to discuss your individual needs.
*Speed of approval is conditional to receipt of all requested relevant documents/information.
**WARNING: This comparison rate is based on the Swoosh Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Different terms, fees or other loan amounts might result in a different comparison rate.
Types of Loans
- Cash Loans
- Debt Consolidation Loans
- Car Repair Loans
- Quick Loans
- Loans Against Cars
- Online Loans
- Small Personal Loans
- Bond Loans
- Secured Loans
- Christmas Loans
- Holiday Loans
- Loans for moving house
- Bad Credit Loans
- Emergency Loans
- Small Loans
- Same Day Loans
- Weekend Loans
- $2000 Loans
- $3000 Loans
- $4000 Loans
- $5000 Loans
- Rent Loans
- Fast Cash loans
- Payday Loans
Thanks so much for giving me a chance to improve my credit score and for helping me to fix up my car. It is very much appreciated, and the whole process was simple and completely pain-free. Wonderful service.
Sarah, Seddon VIC
Thank you for your assistance. I would recommend Swoosh Finance to anyone who needs a loan.
Brad, Oakhurst NSW
Been with swoosh for a few years now and they are a awesome company to deal with. Never had a problem with them at all.
Karyn Quinn
I’m really shocked that I got approved. No one would help me or give me the chance. I’m definitely grateful and happy with how you guys handle different customers. Thank you so much!
Ryan, Anna Bay NSW
This has eased so much stress and definitely given me the financial freedom. All along the Swoosh team have been very understanding and fantastic to deal with, especially Harley just to name one of the team, credit to the rest as well.
Norm, Mani Beach QLD
Thank you very much. You guys have always been very helpful and understanding.
Emmanuel, Blacktown NSW
I would recommend you guys to anyone looking for a loan… You are great.
Nicole, Moe VIC
Just a quick message to say thank you for your time and help, you have restored faith that there are still great customer service reps out there an Swoosh should be very grateful you are ith them and provide such as excellent service.
Karlie, Australind WA
Yayy!
Thank u Swoosh! You guys are the BEST! I have recommended you guys to family & friends!
Amy, Doonside NSW
BRAD… is the highlight in this company by far… his customer service was great and so professional… he went above and beyond his job description to ensure I was helped and not stressed out at all… I had a lovely experience and it was because of him I remained at the company and didn’t go elsewhere.
Debra, Mt Baker SA
The staff here are amazing!!! Best service I’ve had in ages! Comments might change mind you if you deny my loan!!! Lol only kidding you’ve been fantastic Thank you for your prompt and efficient services.
Christian, Ellenbrook WA
I would like to thank the Swoosh team for helping me out with the settlement. I really appreciate it.
Margaret, Cloncurry QLD
Thank you for your assistance.
I would recommend Swoosh to anyone who needs a loan.
Brad, Oakhurst NSW
I really appreciate the way my loan was handled. They went out of their way to help me, and get a positive outcome. Staff were great, kept me posted where things were up to. Very satisfied not just because of positive outcome but the way the company treated me. Many thanks. I won't let you down!!
Lesley, Scone NSW
Tracey Grounds
Thank you very much Swoosh Finance for your help. Now I'm so happy I can make my mother in law birthday and less stress on me thanks again... give 100/100 for your help.
Simon, Dandenong VIC
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