What are the pros and cons of car loans?
A car loan, like any lending product, can have a positive impact on your life if managed properly. However, if mishandled, a car loan can turn out to be a costly mistake that causes you financial and emotional stress.
What is a balloon payment?
Despite how it sounds, balloon payments have nothing to do with buying inflatable novelties, and everything to do with car loans and vehicle finance.
Pros and cons of car loans versus cash car sales
When buying a car, it’s important to consider all of your options. As well as thinking about what car you should buy, you should consider how you plan to pay for it. There are several different options available, each with their own pros and cons, including paying cash to buy a car upfront, and taking out a car loan to be repaid over time.
5 car loan traps to avoid
We all love our cars, and can talk endlessly about speed, torque and engines, but unfortunately many of us struggle to understand car loans.
What is a secured car loan?
A secured car loan is a loan for which you offer the lender some sort of security, or collateral.
What is compulsory third-party insurance?
Compulsory third-party insurance, also known as CTP insurance, is compulsory for anyone who wants to register a vehicle in Australia.