The Finance Algorithm
Liberty Financial

Fresh start car loan

Fresh start car loans

Personal loansBank updated 9 June 2026
At a glance
Variable
12.49% · 15.06% comparison
Loan size
$5,000 to $50,000
Monthly fee
$10
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableComparison rates are based on a secured $30,000 car loan over a 5-year term, with no balloon payment for a new car. WARNING: This comparison rate is true only for the examples given and may not inclu…P&I12.49%15.06%
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Discharge feeExit$125Early termination fees such as break costs may apply.
Application feeOtherVariesApplication fee varies. Other fees, charges and commissions may apply.
Ongoing feePeriodic$10Every 1 moOngoing fee $10 per month
Equalisation (risk) feeUpfront0.20% of balance
§ 03 — Features
  • · Repayments weekly, fortnightly, monthly
  • · Bad credit history accepted
  • · An interest rate discount of 0.25% p.a. applies for new and used plug-in electric vehicles. Hybrids excluded.
  • · Interest rate loadings apply to older vehicles, resulting in higher interest rates. Call 13 11 33 or speak with your local Liberty Adviser for details.
  • · Support for start-up businesses
  • · Support for borrowers with bad credit
  • · Support for variable income borrowers
  • · Support for low documentation borrowers
§ 04 — Eligibility & limits
  • · Amount $5,000 to $50,000
  • · Loan terms from 2 to 5 years

Published by Liberty Financial under the Consumer Data Right, last changed by them on 9 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.