Saving to buy a home can be a daunting task. As such, most people opt to purchase homes through mortgages. Below is a comprehensive guide on the various considerations you should make when taking a home loan. Manage Your Credit Appetite Can you repay the mortgage? Evaluate your current financial situation to know if you can repay the mortgage. Mortgages take years to repay. Therefore, think about your future needs. For instance, will you be in a position to repay the mortgage and provide for your family in the next five years?
25 November 2019
If you're an avid camper or outdoorsy person, then a caravan can be a great investment for you and your family. But whether you buy new or second hand, these motor homes don't come cheap. You may not have the budget to pay for the caravan outright, which is why a loan will help you achieve your dream now. Here are some steps to help you get approved for a caravan loan.
12 June 2018
When your child reaches the legal driving age, it's pretty much certain that they'll be pestering you for their first car. After all, they can't borrow yours forever – if you let them drive it at all – and they're pretty unlikely to be able to afford to buy their own vehicle while still young. Unfortunately, not everyone has piles of cash lying around in savings, leaving them unable to just go out and pay for their child's first car in full.
27 September 2017
With rising rates of business failure in Australia, there are many business owners who are shutting down their business who need to understand how to close down their business legally and resolve any outstanding owed money. If you are bankrupting your business you need to make some decisions about how you will discharge any debts and pay any creditors. Here are some important steps to follow when you are bankrupting a business.
28 April 2017
If you are a small business owner or self-employed, you may have limited options in terms of accessing finance options. For instance, when you need a car loan, you may find yourself with less or limited documents such as the financial documentations and tax returns that are often required during loan application. A low doc (low documentation) car loan will help you overcome this lack of documentation obstacle when applying for the loan.
20 March 2017