What Impacts my Borrowing Power?

Monday, 14th October 2019 10:42 am

When you start to consider a loan for your next car, you’ll quickly realise that your borrowing power will dictate how much credit a financier is prepared to afford you. This may ultimately fall within your expectations, but it is best practice to gauge your position sooner rather

Why do Loans for Second Hand Vehicles Have a Higher Interest Rate?

Tuesday, 8th October 2019 11:55 am

If you’ve been in the market searching for a vehicle, it is likely you will have considered both a new car as well as a second hand vehicle. While each option has its respective benefits, as well as drawbacks, one area of distinction begins to emerge once you seek out finance. It won’t take y

How the Instant Tax Write-Off Can Help You

Friday, 13th September 2019 4:53 am

Do you have a small to medium size business? Have you heard about the instant tax write-off? Well if you haven’t, you’re certainly missing a trick. The government has introduced this measure to enable SMEs access to claim an immediate tax deduction by writing off the entire value of an asset use

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

Can I Use the Equity in my Home to Buy a Car?

Saturday, 27th July 2019 9:27 am

In the property market, it’s not all that uncommon to use the equity you build up from paying down your home loan to fund another property. In effect, the equity is used as an asset, which is then put up as collateral for the next asset in your sights. This strategy can be extended to vehicles, wi