Did you know that one of the top reasons car loan applications get rejected is due to a bad credit history? If your credit history is less than stellar, getting a new car can feel like a struggle, and you might feel stuck in a loop not being able to get to work to earn the money you need to improve your credit score.  We believe that bad credit shouldn’t mean you can’t get a car. That’s why bad credit loans exist. However, those types of loans can feel like you’re rolling the dice when it comes to payments and interest rates. The good news is that you have a few options if you have bad cr ..read more

Every year, people in Australia spend upwards of $5 billion on the services of mortgage brokers. That is one sign of how much value these services provide. However, finance brokers can provide all the services that mortgage brokers do and more! At some point in their lives, most people consider taking out some kind of loan. They accept that doing so comes with certain disadvantages, but they hope to find a loan that is worth it anyway. Most people don’t realize how much a finance broker can do to help them find better loans. When you measure the result of finding a better loan over months or y ..read more

Sometimes it can feel like bad credit haunts every aspect of your life and doesn’t allow you to live a full life. But that doesn’t have to be the case. If you do some research and build your knowledge, there are ways you can get a car loan even with bad credit. These bad credit car loans might have limits upon how much you can borrow, but that’s better than nothing.  Keep reading to find out how you can figure out how much money you can borrow with a bad credit car loan, depending on your specific situation.  How Do Banks Decide How Much You Can Borrow? As you might already know, ban ..read more

Did you know that 54% of the Gen Z population has taken out a loan? That’s over half of the population!  So clearly, it is quite common to take out a loan. Now that we’ve set that straight, it’s time to learn more about when to take out a short-term loan versus a long-term loan. What’s the difference between them, and why is it important to know? In this guide, we’ll walk you through everything you need to know about loan payments and payment terms as well. What Are the Types of Loans? There are so many different types of loans out there that you can choose from, but each one has a differ ..read more

Did you know that 541 companies filed for bankruptcy in June 2022? It can be difficult to get a car loan after bankruptcy. Car loans are important for transportation, but they can be difficult to obtain if you have recently filed for bankruptcy. But don’t worry. We are here to help. Keep reading because, in this article, we’ll show you the steps involved in getting a car loan after bankruptcy. These tips will increase your chance of getting a loan for your car, fast. What You Need to Do After Your Bankruptcy Has Been Discharged While it may be more difficult to get a car loan after bankruptcy ..read more

Did you know you can get bad credit car loans while paying a part IX debt agreement? While each lender has different criteria, many will work with customers who are working to improve their financial situation. You may have to make a larger down payment than usual or pay a higher interest rate. However, if you can obtain a loan, it can be a great way to rebuild your credit and help you get back on track. Read on to learn how to improve your chances. What Is a Part IX Debt Agreement? A Part IX Debt Agreement is a voluntary agreement between you and your creditors to repay your debts. It is also ..read more

Did you know the average age of a passenger vehicle in Australia is over 10 years old? This means that many people are on the cusp of purchasing a new vehicle. For most people to do so, however, they will need to finance their new car. However, car loan eligibility is something that many people do not understand. The good news is that it is much easier to copy hand than you think. We’ve put together a quick guide on eligibility for car loan financing. Let’s explore everything you need to know. Am I Eligible for a Car Loan? There are a few key factors that will come into play when determining y ..read more

There’s a lot of money in Super in Australia. In fact, total super assets totalled $3.4 trillion at the end of the first quarter of 2022. Are you wondering, can I use my super as security for a loan? While you generally can’t use your super as security for a loan, there are some rare exceptions. If you’re thinking of borrowing against your super, it’s important to understand how it works and what the risks are. In this article, we’ll discuss what borrowing against your super means and how it works. We’ll also look at why using your super as security for a loan is generally not a good idea, and ..read more

Millions of Australians take advantage of payday loans which lands many people in uncontrollable debt. High-interest rates and high levels of risk are often associated with payday loans and are a wage advance downside. This doesn’t even account for the variety of fees that cause financial difficulty when taking out a loan. While these options can be helpful and can offer good ways to get quick funds when you need them, there are some common misconceptions you’re going to want to know about. Are you considering a payday loan or wage advance? If so, you should be aware of the potential credit im ..read more

Did you know that Australians lost more than $2 billion to scams in 2021? This is despite government, law enforcement, and the private sector disrupting more scam activity than ever before. And more Australians reporting scams to authorities.   If you think you will never be subject to or fall for a scam, think again. Most folks who fell for financial scams never imagined that they would lose their hard-earned money in this dastardly manner.  If you wish to protect yourself from the common scams that affect Australians, then keep reading for some tips that can help.  H ..read more