Getting a car loan for your first car can seem daunting. Taking on debt is a big step in life, so it’s important to carefully consider what will work for your budget and what you can afford. Here are some things to ponder before setting up your first car loan. Quick takeaways: Affordability is essential –…
Whether you’ve already set up your car loan or you’re simply considering your options, paying off your loan faster is financially best. That’s because the faster you pay your car loan off, the less you pay in interest, and the shorter the length of your loan. If you want to speed up your repayment rate,…
Have you ever wondered what your credit report says about you? There’s no time like the present for getting to grips with the importance of your credit status. Key points to know: Reviewing your credit report is a quick and easy way for finance companies (and potential employers) to assess your credit worthiness You can access…
Getting a car loan to work for you isn’t just about choosing a provider that you can trust. It’s also about making sure that you structure your loan in a way that suits both your lifestyle and your needs. That usually means finding a repayment structure that fits your budget, and being able to borrow enough…
With all types of finance – including car loans – it simply makes sense to regularly review what you have and what your options are. Building up a good repayment history with your lender may mean there is an opportunity for an interest rate reduction. Or, perhaps you have a little more disposable income available, which…