Designed for international students, temporary residents, and visa holders living and working in Australia.
Eligibility
• Minimum 1-day active ABN accepted (No GST registration required)
• International Student Visa holders accepted
• Most temporary visa holders accepted except Visitor & Refugee visas
• Loan terms may extend beyond visa expiry subject to satisfactory explanation of continued stay in Australia
• New arrivals and new credit files may be considered
• Valid Driver’s Licence (Australian or foreign), Passport, and Visa copy required
Credit Assessment
• No minimum credit score required
• Paid defaults up to $2,000 may be considered
• No active unpaid financial defaults over $2,000
• BIXCEL reviews overall scenario strength, banking conduct, and repayment behaviour
Bank Statements
• 12 months bank statements required through BIXCEL’s secure Illion link
• Statements are reviewed mainly for banking conduct and dishonours, not traditional serviceability assessment
Loan Details
• Loan Amount: $5,000 – $50,000
• Terms Available: 6, 12, 18, or 24 months
• Loan term may exceed visa expiry subject to assessment
• Minimum 20% deposit required
• Dealer Purchase: Up to 150% LVR
• Private Sale: Up to 100% LVR
Fees & Charges
• Application Fee: $0 – $1,990 inc. GST
(Broker may set the application fee within approved limits. Fee can be capitalised into the loan or paid at settlement.)
• Direct Debit Fee: $3.95 per transaction (currently waived)
• Dishonour Fee: $25 per failed debit
• Late Payment Fee: $75
• Account Maintenance Fee: $28/week
(Waived unless dishonour occurs)
Settlement Requirements
• Certificate of Currency (COC) listing BIXCEL Pty Ltd as Interested Party
• Digital ID verification
• Proof of deposit via Illion bank statement link
• Dealer invoice with full vehicle details
• Private sales require doxai.co vehicle and asset verification reports
• Two personal references required (family preferred)
• Loan contracts executed electronically through BIXCEL