In Australia, it is possible to have more than one car loan. Of course, this is dependent on meeting the lending criteria set by the lenders in question. However, obtaining multiple car loans depends on several factors, including your income, credit score, existing financial obligations, and the pol
Can I Transfer a Car Loan to Another Person?
Transferring a car loan from yourself to another person is somewhat tricky because a car loan is tied to your financial circumstances and creditworthiness. What's more, lenders assess loans based on the original borrower's financial stability, income, and credit score. With this in mind, in order to
How to Get Your Credit in Order in the New Year
With inflation still a sore point for households around the country, and interest rates eating into savings for many, the new year represents an opportunity to turn the page and try improve your financial standing. A central part of that is getting your credit in order, something deemed crucial to y
How Long Does it Take to Get Approved for a Car Loan?
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