All lenders consider things such as: have you ever filed for bankruptcy, do you own a home, how much is your current income, how long have you been employed at your current job, how long have you lived at your current address, do you have a credit rating, what is your net worth, and so on.
The Real People at Aussie Car Loans will complete an application and make a preliminary assessment to ascertain your repayment ability and credit worthiness. This process is part of our responsible lending obligations and will take into account the security over the loan, your current debt level, your income, and your ability to repay the debt.
From this Aussie Car Loans may suggest a proposal to be applied to one or more lenders from our panel that will be suitable to your needs and objectives.
You could do some calculations yourself to determine your monthly budget! Simply deduct your expenses from your after-tax earnings. You can also use our car loan calculator for a rough idea of what your repayments will be, if you need second chance finance or to speak with the Real People who do it every day – call us on 1300 889 669.
We’ve included some helpful information within our website for those looking for car finance, including tips on how to get your loan approved, keeping a good credit history and more. Browse through these articles below for more information:
- A 5 Step Guide To Obtaining Car Finance
- Why You Should Avoid A Busy Recent Credit History
- Car Loan Approval Tips