I Can Afford the Car — So Why Did the Lender Decline Me?
Being able to make the repayment is only one part of a car-loan decision. A decline can come from credit history, employment policy, recent enquiries, current debts, bank conduct, …
Latest finance articles
Practical answers to real borrower, business-owner, investor and developer questions, with clear lender-assessment logic, useful tools and relevant next steps.
The Repayments Are Over 30 Years but the Commercial Loan Term Is Only 3 Years — What Does That Mean?
A 30-year amortisation can be used to calculate repayments while the legal facility matures in three years. At maturity you may need the lender to renew, refinance elsewhere or rep…
The Commercial Valuation Came In Below the Purchase Price — How Much Extra Cash Do I Need?
If the lender bases leverage on its accepted valuation rather than your purchase price, a valuation shortfall can create an immediate equity gap. Recalculate the loan, deposit, dut…
Buying a Used Car: Personal Loan or Secured Car Loan?
A secured car loan often has a lower rate because the vehicle secures the debt, but it also comes with vehicle eligibility, insurance and settlement requirements. An unsecured pers…
What Is Already Registered Against My Company — and Can It Block New Business Finance?
Before a material refinance or new secured facility, check the company's current debts and PPSR registrations. A lender may search commercial credit information and the PPSR to und…
The Dealer Wants $5k for Tint, Paint Protection, Warranty and Extras — Should I Finance It?
Treat every dealer extra as a separate purchase. Compare the cash price and coverage with independent alternatives before adding it to the finance. A $5,000 protection/warranty pac…
I Don’t Own Property — Can My Business Cash Flow Be Enough for a Business Loan?
Property is not always required. Depending on lender and purpose, finance may be unsecured or supported by business assets, receivables, equipment, a GSA and/or director guarantees…
Buying Medical or Allied-Health Premises — Is It Treated as Standard Commercial Property?
Medical premises can be strong commercial security where location and alternative use are good, but specialised fitout, related-party occupancy and practitioner business cash flow …
I Earn $X — How Much Personal Loan Will a Bank Actually Let Me Borrow?
There is no dependable rule such as 'a $100k salary gets a $50k personal loan'. The lender assesses verified income against housing, living costs, dependants, current debt repaymen…
Before I Apply for a Personal Loan, What Should I Check So I Don’t Get an Avoidable Decline?
Before a formal application, check the amount and purpose, employment/income evidence, current debts and limits, recent repayment conduct, credit-report issues and lender eligibili…
