OMM First Car Loan

Car Loans up to $75,000 designed for first car buyers

Fixed interest rates from: 6.57% p.a.1

Comparison rate from: 7.19% p.a.2

This won't impact your credit score.

Even with no credit history, our First Car Loan  could be perfect for you

Whether you are looking for a new or used car, we are here to help.

We offer low rates and flexible loan options for all types of cars. Our online application is super quick and easy, with fast conditional approval. You can explore your options on the car market up to your approved limit and have the freedom to pick the one you love. If your application is approved, you can have the money in your account within 24 hours.

  • New or used car loans with no vehicle age limit
  • Loans from $2,001 to $75,000
  • 1 to 7 year loan terms available
  • Weekly, fortnightly or monthly repayments
  • Fixed rate of interest, meaning no repayment surprises
  • No account keeping fees, no prepayment payment fees and no early exit fees

This won't impact your credit score.

Take a preapproval with you for your next vehicle purchase

4 Quick and Easy Steps to Securing Your Pre-approval

Step 1

Apply Online

Complete your application online.
Submit all of the required documentation.

Step 2

Get Pre-approved

We will approve you for the maximum loan amount and quote you on your repayments

Step 3

Shop Around

Shop around for your vehicle up to the maximum amount pre-approved for you.

Step 4

Settle when you want

We can hold open your pre-approved funds for up to 3 months. Have funds settled within 24 hours when ready.

A Better Way to Borrow

OMM is Australia’s Go-to Personal Loan Provider

OurMoneyMarket offers simple, fast, online personal loans, with fixed interest rates.

Lower Interest Rates

A marketplace of people and institutions all working together to deliver you the best possible deal.

No Hidden Fees

No monthly account keeping fees, no exit fees and no early repayment fees.

Simple and Flexible

A simple fixed interest rate that can be repaid weekly, fortnightly or monthly, over 1 to 7 years (10 years for Green Loans). Managed entirely online, at any time.

Fast Application

A quick and easy, 100% online application. No printing. No paper. No fuss.

Other Personal Loans We Offer

Car Loans
Holiday Loans
Medical / Dental Loans

Eligibility Criteria

In order to apply for a personal loan, you must fulfil the following eligibility criteria.
  • You should be at least 18 years or older.
  • You should be an Australian citizen or permanent resident.
  • Be in active employment or receive a pension.
  • Have no defaults (paid or unpaid) or active payday loans.
  • Centrelink can be used as a secondary income with regular income.
  • Not be a current or prior bankrupt or be party to a court judgement.


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