Applying for a personal or business car loan is quite easy. You can either apply over the phone or use an online application form. You will need to provide a range of details about yourself and/or your business, financial records and information and details of the car you intend to buy. For personal car loans, licensed credit providers must operate in accordance with the consumer credit rules and Responsible Lender Guidelines as established by ASIC. These regulations set out what information and documents the lender requires from you. This information will include your identity, details of your income and regular expenses, employment situation and history, residential situation (own your home or renting), property and assets including investments and cash, other loans you may have including credit cards and other details as required by the consumer credit laws. You will be provided with information on credit and loans and you will be asked to sign a consent form which gives your approval to the credit provider to source a car loan on your behalf and access your credit profile.