Money3 review
Specialist
Best suited for credit-impaired borrowers, including Centrelink recipients, needing a secured vehicle loan assessed on circumstances rather than score
Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. See our Credit Guide.
Advertised rates
Fixed, set per applicant after assessment; published maximum APR 12.95% (all worked examples on site use 12.95%)
Comparison rate 15.13% - 32.60% in published examples, depending on loan size and term*
Approval speed
Application around 5 minutes with fast pre-approvals; Money3 says buyers can be driving away in 24 - 48 hours
Credit-profile fit
Credit-impaired specialist: 'any credit considered' - bad credit, part or full Centrelink income, pensioners, single parents and self-employed all considered, subject to verification, suitability and affordability.
Pros & cons
Pros
- Considers bad credit and part or full Centrelink income
- Maximum APR capped at a published 12.95%
- No deposit required
- No early repayment penalty
- Pays private sellers directly
Cons
- No minimum rate published - the rate is set per application
- Fees only disclosed as lump totals inside worked examples
- Published example comparison rates reach 32.60% on small short loans
- All loans secured against the vehicle
Key features
- Secured vehicle loans up to $75,000 with no deposit
- New or used, dealership or private sale - Money3 pays the seller directly
- Fixed rate; weekly, fortnightly or monthly repayments
- Terms from 12 months up to 72 months on larger loans
- Wide asset range: cars, motorbikes, caravans, boats, jet skis, trucks
- Car repair loans up to $30,000
Fees
- Fees disclosed as lump totals in worked examples (e.g. $1,871.15 in fees on a $5,000 24-month loan) rather than itemised
- No penalty for early repayment
Frequently asked questions
Who is Money3 best suited to?
Based on our review, Money3 is best suited for credit-impaired borrowers, including Centrelink recipients, needing a secured vehicle loan assessed on circumstances rather than score.
What are Money3's rates?
Fixed, set per applicant after assessment; published maximum APR 12.95% (all worked examples on site use 12.95%). Rates and fees are current as at 30 July 2026 and are subject to change by the lender at any time.
What fees does Money3 charge?
Fees disclosed as lump totals in worked examples (e.g. $1,871.15 in fees on a $5,000 24-month loan) rather than itemised. No penalty for early repayment.
How fast is Money3's approval?
Application around 5 minutes with fast pre-approvals; Money3 says buyers can be driving away in 24 - 48 hours.
What credit profile does Money3 accept?
Credit-impaired specialist: 'any credit considered' - bad credit, part or full Centrelink income, pensioners, single parents and self-employed all considered, subject to verification, suitability and affordability.
How do I apply through Money3?
Start a Loanseekers enquiry and we compare Money3 against 70+ lenders for your situation. The initial check does not affect your credit score, and our specialists manage the application to settlement.
See if Money3 suits your situation
One enquiry compares Money3 against 70+ lenders for your exact position. No obligation, no impact on your credit score to enquire.
This is general information only, not personal advice; we have not considered your objectives, financial situation or needs. Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. Approval is subject to lender criteria. See our Credit Guide.
Rates and fees current as at 30 July 2026. Rates and fees are subject to change by the lender at any time.
*The comparison rate is based on the lender's published example and is true only for that example. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
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