Tag: Australia
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What is a comparison rate on a car loan and how does it work in Australia?
What is a comparison rate on a car loan and how does it work in Australia? When you are looking for a car loan in Australia, you will likely come across a comparison rate. It is an important factor to consider when comparing different loan options. In this article, we will explain what a comparison…
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What is the impact of your credit score on your car loan in Australia?
What is the impact of your credit score on your car loan in Australia? Your credit score is an important factor when it comes to taking out a car loan in Australia. It determines your ability to make repayments and manage debt, which lenders take into account when assessing your loan application. In this article,…
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What is a redraw facility on a car loan and how does it work in Australia?
If you are looking to purchase a car in Australia, a car loan is a popular financing option. A redraw facility is a feature that some car loan providers offer to allow borrowers to access additional funds that have been paid towards the loan. Essentially, a redraw facility works by allowing you to withdraw any…
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What are the benefits of a fixed rate car loan in Australia?
What are the benefits of a fixed rate car loan in Australia? When it comes to financing a car in Australia, there are many options available, including personal loans and lease agreements. However, one of the most popular choices for many Australians is a fixed rate car loan. A fixed rate car loan is a…
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What is a guarantor car loan and how does it work in Australia
What is a guarantor car loan and how does it work in Australia? A guarantor car loan is a type of loan that allows a borrower to secure a car loan with the help of a guarantor. In Australia, guarantor car loans are becoming increasingly popular as they offer a way for individuals who may…
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What are the tax implications of a car loan in Australia?
What are the tax implications of a car loan in Australia? In Australia, if you are taking out a car loan, it is essential to understand the tax implications associated with it. The tax implications of a car loan can differ depending on whether the car is being used for personal or business purposes. If…