Tag: Chattel mortgage
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How to get a car loan for a motorbike in Australia?
How to get a car loan for a motorbike in Australia? While getting a car loan for a motorbike might seem counterintuitive, it is actually a common practice in Australia. Motorbikes are considered vehicles, and therefore, can be financed in the same way as cars. However, it’s important to note that the process of getting…
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What is a chattel mortgage and how does it work for a car loan in Australia?
What is a chattel mortgage and how does it work for a car loan in Australia? A chattel mortgage is a type of secured car loan available in Australia that allows businesses and individuals to finance a car purchase while retaining ownership of the vehicle. In a chattel mortgage, the lender provides funds to purchase…