You've likely seen ads from lenders offering fast cash loans, but what's the difference between a fast cash loan and a traditional loan product, such as those offered by banks? The main difference is the speed at which your loan application is processed. In many cases, fast cash loans can be paid into your account the same day you submit your application. Lenders offering these products still have to comply with stringent legislation, such as the National Consumer Credit Protection Act, and many will also be a member of the Australian Financial Complaints Authority.
10 October 2022
When considering property investment, most individuals tend to focus more on the property itself. They fail to understand that the success of any investment property depends not only on picking the ideal property but also on choosing the right investment loan. Getting the correct type of financing is an essential step before purchasing an investment property. So, how do you find and choose the right investment loan? Well, here are five practical tips to help you make an informed financial decision:
15 December 2021
Cars have become a necessity for most people today. One of the challenges you will face when buying your first car is saving up enough cash to buy the asset. In most cases, you will have other obligations that could prevent you from making sufficient savings. Well, taking a car loan is a viable solution for most people. The primary benefit of a car loan is that it enables you to own a vehicle and pay for it later.
21 October 2021
At times, you might lack the funds to settle small but immediate bills. Traditionally, people have always turned to friends and family for quick cash, which is repayable over time. What if you have exhausted all the options and have nowhere to turn? The only other common alternative is to apply for a loan from a financial institution. Unfortunately, the bureaucracy involved in financial institutions is often frustrating and discouraging. Fortunately, you no longer have to rely on your bank for a quick loan, thanks to online lenders.
17 February 2021
As a business person, there are instances when your customers or business partners fail to pay their debts. Most business people will either write off these debts or take legal action against their debtors. Debt collection services that charge low commission rates can help you recover your debts within a short period. The primary benefit of hiring a debt collection agency is that you do not have to incur extra expenses when recovering the debt.
21 December 2020
The loan industry has gone through many changes over the past years, having to battle through recessions, unemployment and many other shortcomings. Yet despite this, the loan industry has seen itself be able to adapt accordingly towards the times and technology and thus enter new period of prosperity. Below are the most relevant and major trends you can expect to see continue in the future. Shift Towards Online Financing Online financing has seen a sharp increase in the last few years and is now generally considered to be a mainstream method to acquiring loans or financing.
14 February 2020
If it's time to buy a used car at last, there are several ways that you can prepare. You may have decided to work with an independent dealership because they offer easier financing than the larger financing companies or auto dealerships. Whilst easier used car finance is always a benefit, independent dealerships can work differently. Here's what you need to know -- and what you need to do -- before visiting the independent dealership to secure your used car loan.
21 February 2018
For a good number of Australians, the only way purchasing a car would be financially feasible would be if they secure a car loan. However, the process of getting a loan should not be simplified into just applying and waiting for a positive response. With a wide assortment of lenders to choose from, you would be best advised to know what your individual needs are as well as how to keep your overall costs low.
30 October 2017
It is inevitable to live without debt. Huge capital investments like buying a car or new machine for your business requires tonnes of money that you may not readily have. Thankfully, financial institutions like banks offer credit services where you can borrow a large sum of money and repay it in manageable bits over a certain period. Notably, banks must protect themselves by ensuring that the money they lend out is paid back agreed.
18 August 2016
If you've had your identity used to commit credit fraud, you can often find it hard to get loans in the future. Many people don't even realise that they have a bad credit rating until they head in for a car loan or similar credit facility and get rejected. Here are some tips to get you on the road. Get a copy of your credit report It's free and easy to access your credit report through the3 credit reporting bureaus.
9 August 2016
