Top Tips for Self-Employed Australians Seeking a Car Loan
One major challenge that self-employed individuals face when applying for a car loan is income inconsistency. Unlike salaried employees who receive a fixed income, the income of self-employed people can fluctuate significantly from month to month. - read more
How Do Lenders Value a Vehicle for Car Finance in Australia?
When applying for car finance in Australia, vehicle valuation can form part of the lender’s assessment process, particularly where the loan is secured against the vehicle. The assessed value may influence the loan amount, loan-to-value ratio, security position and other lending conditions applied by the lender. - read more
