Can I Apply for a Car Loan Without a Driver’s Licence?

Sunday, 28th July 2019 2:14 am

It’s not an all that uncommon predicament, where you would like to apply for a car loan but don’t yet have your driver’s licence. Maybe it’s because you’re about to go for your licence, or you could be purchasing the car on behalf of someone who is already licenced. It’s important to und

What Should I Know Before I Buy an Ex-Demonstrator Car?

Wednesday, 14th August 2019 12:48 pm

Any time one steps into the market in search of a new car, it would be remiss to think that the best deal is certain to be a new vehicle. In fact, ex-demonstrator cars have a particularly solid reputation when it comes to great value. But if you really want to stretch your money further, it pays to

Effective Tips on how to Repay Your Car Loan Quicker

Friday, 23rd August 2019 2:41 am

Obtaining finance for your new car is one of the best ways to leverage your current financial position to have access to an asset you otherwise might not have been able to afford. With that however, comes the responsibility of making your repayments to clear the debt. While you often have several

How Much Should I Borrow for a Car Loan?

Friday, 23rd August 2019 6:53 am

It’s always a tough proposition when considering how much to borrow for a car loan. On the one hand, you will likely have a steady income, but your expenses may vary from month to month. Beyond that, your credit score and history will come into play and influence your borrowing power. If you’re

What Should I do if I Can’t Pay the Balloon Payment?

Monday, 26th August 2019 11:56 am

Many borrowers who take on a car loan will do whatever it takes to reduce their repayments. One way this is often achieved is through a balloon payment. Also known as a residual payment, it involves a lump sum payment at the end of the loan term, thus reducing your monthly repayment