Thinking about buying a car? Getting your car loan pre-approved first can save you time, money and a whole lot of guesswork.
At Loans Unlimited, our crew provide clear and detailed pre-approvals that tell you exactly what you can borrow – giving you the confidence to shop smart and negotiate like a professional. Whether you’ve just started browsing or already have a car in mind, our pre-approval process is a fast and flexible launchpad for your car-owning dreams.
A pre-approved car loan gives you a clear picture of what you can borrow based on your income, credit and lifestyle. With a set budget and the ability to walk away at any time, it takes the gravity out of the purchasing process.
Once pre-approved, you can search for vehicles that fit your criteria and jump into action once the right one comes along. Click here to read about some other benefits of securing pre-approved car finance.
You can think of pre-approval as a green light for your car search, and our crew are your mission control.
At Loans Unlimited, we’ve streamlined our online application process to make pre-approval quick and straightforward. With a single application, you’ll get access to 40+ lenders and put yourself in the captain’s seat.
You sure can, it’s not necessary to find the car before you apply. In fact, this is often the smartest move you can make.
Rather than basing their first assessment on the car itself, our lenders will pre-approve you based on your borrowing capacity. That lets you shop with a clear budget and gives you more confidence when it’s time to negotiate. When you do find the car, everything will be in-place and ready to launch.
Securing pre-approved car finance depends on a few factors, including:
Your income and job stability
Your current financial commitments
Your credit history
The type of car you plan to buy (age, price, condition)
It’s also important to understand that pre-approval is not a full approval. Once you’ve selected the car, the lender still has the right to decline financing if the vehicle doesn’t meet their criteria. Our crew will walk you through it all to make sure there are no surprises.
Whether you’re browsing online, buying from a dealership or looking at private sales, Loans Unlimited can help you get a pre-approval to take the gravity out of buying a car. With access to over 40 lenders across the galaxy, we’ll find an option suits your circumstances and helps you move forward with confidence.
If you’re browsing cars and would like to get pre-approved, click ‘Apply Now’ or get in touch with a member of our crew.
Not usually. We perform a soft check when assessing your eligibility, which doesn’t impact your score. A full credit check may only happen when you’re ready to proceed with the loan. But don’t worry, we’ll always let you know before that happens.
Depending on the lender, most pre-approvals are valid for around 30 to 60 days. That gives you a solid window to shop around, compare options and secure the right vehicle without needing to reapply.
Absolutely! Pre-approval is designed to calculate your borrowing limit before you choose a car. It helps you stay within budget and gives you the freedom to browse knowing your finance is ready to go.
