More cyclists are now sharing the roads with motorists than ever before. If you are a car owner or motorcycle rider, you should know that cyclists have the same rights as motorists. Motorists need to be aware of their presence on the road and respect their space, whether they are recreational cyclists or regular commuters. … Continue reading Overtaking a Cyclist: New NSW Legislation
Category: FAQs
Read our Frequently Asked Questions regarding car finance, insurance and your loan application. Click on a question to expand.
Do Car Loans Help Your Credit Score?
Building a good credit score is important when applying for certain loan products. It determines the credit risk of lenders in loaning you money. The lower your credit score, the lesser the chances of a loan approval. If you have a poor credit score, you might be looking for different ways to boost it and … Continue reading Do Car Loans Help Your Credit Score?
What Is Refinancing A Car Loan?
While you are searching the web for a solution to your struggling car loan repayments, you have probably come across the phrase ‘refinancing a car loan’. This refers to an alternative way of paying your existing car loan by taking another secured loan with different terms from a different lender. The new loan has a … Continue reading What Is Refinancing A Car Loan?
What does Aussie Car Loans have to offer?
Aussie Car Loans provide a full range of finance and insurance products for all kinds of vehicles. With access to a wide panel of lenders, you can be sure that Aussie Car Loans will find the best finance option at the best rate for you.
Secured Personal Loan?
If you’re looking at a secured personal loan there are certain requirements that need to be met. For example, the minimum loan amount is $5,000.00, and the motor vehicle is preferably no more than 8 years old. Aussie Car Loans considers all car types including classic, import, prestige vehicles, and even older trucks.
Unsecured Personal Loan?
For those looking at a getting an unsecured personal loan, be aware there are differences in the loan amount, the interest rate and availability. Unsecured loans can be more versatile however, and are typically used for intangible things such as a holiday, wedding or debt consolidation.
Personal or business finance?
Debating whether to go with Business or Personal Finance? Business Finance is available to both companies & individuals, providing that the goods are to be used predominantly for business use (i.e. more than 50% business usage).
How long does it take to get approved?
Once you have submitted your application for car finance, it will usually take just a few hours before an assessment is made and the loan is either approved or rejected. However, complex or difficult applications can sometimes take a few days, including bad credit loan applications.
Can I get my finance approved before purchasing?
Aussie Car Loans offer pre approved finance options so you can shop around with confidence, providing you can give us an idea of what you’re intending to purchase. It’s a good idea to obtain a pre-approved car loan as it allows for more bargaining power on the showroom floor.
What are my chances of approval?
All lenders consider things such as: have you ever filed for bankruptcy, do you own a home, how much is your current income, how long have you been employed at your current job, how long have you lived at your current address, do you have a credit rating, what is your net worth, and so … Continue reading What are my chances of approval?
