How Our Loan Process Works
1. Application
Complete the online application form in just 10 minutes. Once complete, this gets assigned to one of our experienced brokers.
2. Assessment
We prepare your loan and send it to the lender. Once approved you choose your car, and we send the car invoice to the lender.
3. Contracts
You sign the lender contract, we compile the docs and double check everything, then send it back to the lender for settlement.
4. Settlement
The lender settles the contract, we obtain the settlment advice, send it to you and the vendor, and then you celebrate!
We believe everyone should be given the opportunity to apply for finance. Here at Naked Loans, we encourage everyone to apply with our ‘all applications considered’ policy. Even if you have bad credit, we give you a second chance!