Credit Score For Car Loan
There is no single credit score cut-off for a car or personal loan in Australia, but a higher score means sharper rates and easier approval.
Dealer Finance Vs Broker
When you buy a car, the dealership will offer finance on the spot – but it is rarely the cheapest option. Dealers often add a margin to the interest rate, and that markup can cost you thousands over the loan.
Chattel Mortgage Vs Lease
When financing business equipment or vehicles, the three main options are a chattel mortgage, a lease and hire purchase – and the right one depends on your tax position and cash flow.