About Second Chance
We help people with bad credit find out what car finance options might be open to them in New Zealand.
What we are
Second Chance Car Finance is a referral service. You answer a few questions, and if you want us to, we pass your details to a broker partner who can talk through your options with you.
We are not a lender. We are not a car dealer. We do not give financial advice, and we do not decide who gets a loan.
Why we exist
A default, a repossession or a bankruptcy can make it feel like every door is shut. It is not always true. Plenty of lenders look at the whole picture, including what you earn now and how long ago the problems happened. The hard part is knowing where to start, so we try to make that first step simple and free.
How it works
- You answer four short questions on our check. It is not a credit application.
- You leave your name, phone number and email, and agree to be contacted.
- A broker partner calls you to talk through your situation and what might be possible.
- If a lender offers you a loan, you see the rate, fees and repayments before you sign anything.
Lenders make their own decisions, and they do their own checks. Nobody can promise approval, including us.
How we are paid
It costs you nothing to use Second Chance. We are paid by lenders, and only when a loan settles. That payment does not change the rate you are offered. Read the full explanation on our disclosure page.
Who is not a fit
If you are bankrupt right now, finance is not available until you are discharged, or until your No Asset Procedure has ended. After that, some lenders will look at your situation.
Our guides
We write plain guides about credit files, defaults and car finance. You can read how we research and update them in our editorial policy.
Contact
Email us at info@secondchancecarfinance.co.nz.