Generally speaking, if you're in the market for a long-term car loan, the longest term would typically extend to seven years, although some lenders may offer eight-year terms under specific conditions. Keep in mind, the length of the loan term significantly affects the overall cost, monthly repaymen
What to Consider When Buying a Second Hand Vehicle
The new car market is often an intimidating experience for motorists looking for a bargain. Not only do motorists have to pit themselves against savvy salesman in an effort to haggle down prices, but there are an infinite amount of options when commencing your search. On the contrary, browsing th
Can I Obtain More Than One Car Loan?
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