In a Part 9? You still have options

Sometimes, yes. Mainstream banks will almost always decline while an agreement is active, but a small number of specialist lenders do write secured vehicle loans during a Part 9. They generally want to see that your agreement payments are up to date, that you haven't picked up any new defaults since it started, and that you have stable income. Your options widen considerably once the agreement is completed and paid out.

Yes, above $7,457. Under section 269 of the Bankruptcy Act 1966, if you are in a debt agreement you must disclose that fact before obtaining credit above that amount, and failing to do so is a criminal offence with serious penalties. The threshold is indexed by AFSA twice a year. Below it there is no statutory disclosure obligation, though a lender will usually see the agreement on your credit file regardless.

No. Completing the form on this site does not run a credit check. It is a set of questions about your situation. A formal credit enquiry, which does appear on your file, only happens later if you choose a specific lender and decide to submit a full application. You will know before that point whether an application is realistic.

AFSA's guidance is that your details may appear on a credit reporting agency's records for up to five years, and longer in some cases. Separately, your name appears on the National Personal Insolvency Index, for a completed agreement, that is five years from the date the agreement was made or the date you complete your obligations, whichever is later. The NPII listing and the credit file listing are two different things and they run on different clocks.

We are not able to advise you on that, and we will not suggest it. Advising on entering, varying or ending a debt agreement is a debt management service that requires a specific credit licence authorisation, which Simple Loans does not hold. Terminating an agreement also has consequences of its own, including exposing you again to the debts it covered. If you are weighing that up, speak to your debt agreement administrator or a free financial counsellor on 1800 007 007.

In rough order: what stage your agreement is at, whether you have any new defaults or missed payments dated after it started, how stable and provable your income is, how long you have been in your current job, and whether the loan is secured against the vehicle. Conduct since the agreement began matters far more than the agreement itself, a clean run is the strongest thing most applicants have going for them.

That is usually a much better position than being mid-agreement, and it is worth checking rather than assuming. Some lenders look for the agreement to be formally completed and recorded, others want to see six or twelve months of clean conduct afterwards. It is common for someone who was declined a year earlier to be approved shortly after completion without anything else in their life having changed.

No. This site is an information website with an enquiry form. It is not an administrator, not a lender and not a broker, and it has no involvement in your agreement. If you need to change your payments, discuss hardship, or ask about your obligations under the agreement, that is a conversation with your registered administrator. For free and independent help, the National Debt Helpline is 1800 007 007.