Myths When Buying a New Car

Thursday, 30th January 2020 2:39 pm

Buying a new car, especially your first, is always an exciting experience. After all, it’s the start of a journey that will no doubt bring you numerous memories over time. However, the process can be clouded with conflicting input from various sources, not to mention the arduous task of finding th

How can a Chattel Mortgage Help Business Owners

Wednesday, 19th February 2020 4:09 am

For those who haven’t heard of a chattel mortgage, you might be wandering what this financial product is? Simply put, a chattel mortgage is one form of secured loan where a moveable property (or chattel) is put up as collateral against the loan. It is a commercial form of financing, restricted to

What are the Key Considerations if I am Interested in a Chattel Mortgage?

Wednesday, 19th February 2020 4:19 am

Before signing up for any form of financing, it’s important that you do your due diligence. It doesn’t matter if you are borrowing as an individual or as a business, nor the type of loan, or the financier from which you are sourcing the funds – always prepare a list of considerations that will

Why a Long Term Car Loan May Not be a Good Idea

Saturday, 22nd February 2020 3:42 am

When you apply for a car loan, one of the key items you’ll need to weigh up is how long you anticipate requiring to repay the loan. Most car loans are set up for a term of around 5 years, however, you do have the option to pick a longer term if you desire. A long term car loan may run for up to 7

What are Low Documentation Car Loans?

Monday, 24th February 2020 2:14 am

A low documentation car loan is a form of finance for individuals who do not have a comprehensive set of financial records to support what would otherwise be a standard car loan application. For example, if you don’t have any income tax records, or payslips to provide a lender, this would normally