The time for a car loan to be approved varies depending on the lender, the type of loan, and the applicant's financial circumstances. However, on average, approval times can range from a few hours to several days. These are some of the factors that may influence appro
Can I Reduce My Exposure if I Co-Sign a Car Loan?
In some instances, having a poor credit history can severely restrict your access to capital. Certain lenders may be willing to extend finance on strict or otherwise unfavourable terms, while some financiers will be reluctant to provide anything at all. Fear not, however, because even those with
Is a Credit Check Always Required for a Car Loan?
To apply for a car loan, you typically need to pass a credit check. Lenders use your credit history to assess your ability to repay the loan. This process helps them determine the level of risk associated in lending you money. A credit check provides lenders with an o
Is a Car Loan a Better Option than Using Your Credit Card?
If you're in the market for a new car, it may be easy to look at your credit card and think, 'well, I've got the security I need right here'. Of course, for some, whose limits stretch that high, or looking at paying at least partly by credit card, it may seem tempting. But there are good
Do I Have to Pay Stamp Duty on a Car?
Stamp duty, which is a government fee, is generally mandatory on new and used cars. The fee is designed to cover a transfer of vehicle ownership, with the tax calculated based on the vehicle's value. Each state and territory has its own regulations and rates, but there are also some exemptions an