Do you have finance related questions? That’s great! It’s important to know all the facts before you sign off on any finance product. For your convenience, we’ve provided answers to some of our more frequently asked questions, or you can contact us for more information.
Can Find That Finance Offer Low Interest Loans?
Find That Finance was created because we know there is a real need for genuine customer focussed low interest financing, fees and charges. Ussing appropriately licenced, experienced and forward thinking Financial Services providers. Our brokers can also provide complete asset finance comparisons. A LOW RATE MAY NOT ALWAYS BE THE BEST DEAL WHEN COMPARING ALL FEES AND CHARGES DURING THE TERM. Options such as taking advantage of structured repayments to suit your lifestyle or income, a quick approval turnaround, assistance with all necessary paperwork and the best payment rates available on the day! You’ll find that getting a private or commercial asset loan for a Caravan, Boat, Car,Truck or Bike for example has never been easier.
Where Does FindThatFinance Actually Find Finance?
We provide access to a variety of brokers, banks and finance companies. There are not many providers who do asset finance, that we don’t have a connection with; giving you strong choices in getting the best loan options for you. Fast same day approval for your new asset purchase will have you living the dream before you know it. So if you need approval fast, don’t delay.
When it comes to large purchases you know you’re going to need finance for, whether it’s a Camper Trailer, Caravan, Boat, Car, 4 Wheel Drive, Truck or Bike or any kind of leisure vehicle, it’s advisable to arrange a pre-approved loan before you start shopping.
What is a pre-approved loan you ask?
It doesn’t mean you get given the cash to go shopping for your desired item, though it’s almost the same. A pre-approved loan is where you apply now, we look at your financial position and conditionally approve a loan that you can afford, for the type of purchase that you’re shopping for.
Once you’ve been approved for this finance, the approval is maintained for 31 days , giving you the time you need to shop around. If you haven’t found what you’re looking for in this time you can call and extend the approval , provided your circumstances haven’t changed.
Once you’ve found what you’re looking for and have agreed on a price, contact us, to get things rolling and we can finalise the transaction by transferring funds directly to the seller. We’ll also help you with things like the transfer of ownership paperwork in the case of a private sale if applicable to your purchase.
Why get a pre-approved loan?
When you’ve been pre-approved for a loan before you start shopping, you already know how much you can borrow, and you can access it quickly since you’ve already gone through the application process.
This helps you narrow down your search, giving you the confidence to test drive the car/boat/motorbike/caravan that you’re interested in. Because you know what you can afford and know you can access it on the day, you’ll have an extra edge when it comes to negotiating on the price, without the worry of missing out as you wait for loan approvals.
Sellers will also be more likely to take a lower price because they will be paid directly and quickly when you loan settles.
The benefits of buying through a dealer are:
- Security of title
- Various warrany options apply to both new and used cars
- Generally better knowledge of their products
- Licensed Spare Parts.
- Motor Dealers are regulated in each state.
Disadvantages or pitfalls of dealership finance.
Dealership finance is often based just on agreements the dealership has with one or two finance providers, so you’re often not getting the best possible rate. This is because they are limited in comparable products.
Dealerships will also like to include things in with the finance, such as offering to tack on custom paint jobs, tinting, fancy tyres, and all kinds of unnecessary extras you may not have wanted in the first place. So beware of expensive up sell on aftermarket products like tinting and extras.
When you go to a dealership you are restricted to the stock the dealer currently has on hand.
Franchise dealerships are restricted to only certain locations, may have expensive Taj Mahals and look like expensive shopping malls. Someone has to pay for the fancy building
They have highly skilled sales people and point of sale financing is currenlty exempt from the national consumer protection laws.
Getting pre-approved can help you avoid this and stay protected.
An application for finance or a loan, facilitates access to products and services that involve the need to collect a diverse range of personal information.
You need to be confident that the personal information you provide will be treated with the highest degree of integrity and privacy. However, it is equally important that the Finance Broker we refer you to provide the best possible service across a wide range of products and services. To achieve this aim they need to make the most efficient use of your personal information.
They will recognise that any personal information collected about you will only be used for the purposes collected or as allowed under the law. It is important to us that you are confident that any personal information held about you will be treated in a way which ensures protection of your personal information.
Find That Finance as a referrer will only refer you to finance Brokers who are committed to complying with the Privacy Act and Australian Privacy Principles.
Bad Credit Finance
If you have had bad credit, there are finance options available to you even if you are bankrupt. Give us a call to discuss your individual circumstances
We have an experienced team of bad credit finance consultants who can:
• Discuss your circumstances and provide you with the loan options.that are available.
• Find you affordable car loans suitable for your financial situation.
• Do the extra work required to get your loan approved.
Even though your credit history may not be perfect, apply now and we will endeavour to find you a finance solution with repayments that you can afford.
Benefits of a fixed Interest Rate Loan
There are significant benefits of a fixed interest rate loan:
- Certainty of repayments for the term of the loan.
- Your Rate is Locked in for the term of the loan.
- Protection against rising interest rates.
- Just about all loans for asset finance like Cars, Camper Trailers,Caravans and Boats are fixed.