Plain-English Australian finance articles across personal loans, car finance, business finance, ATO debt, commercial property, construction and development finance, and novated leasing. Start with your situation, then understand lender fit, structure, cost and the next step.
Practical answers to real borrower, business-owner, investor and developer questions, with clear lender-assessment logic, useful tools and relevant next steps.
Available equity is not the same as approved borrowing capacity. Cash-out requires both sufficient property equity and serviceability, and undrawn or offset cash can still leave yo…
Potentially. Some lenders offer secured personal loans where an acceptable vehicle supports the loan. The clearest cases usually involve a vehicle registered in the applicant’s nam…
A current Part IX does not make car finance automatic or impossible. In this anonymised GPS Finance case, the customer disclosed an active agreement and a recent dishonour, the agr…
Yes, BNPL can affect a personal-loan application. A lender may see BNPL-related credit information, account for existing repayments and review the transactions in your bank stateme…
Refinancing is worth considering when the new rate is materially lower and the saving exceeds exit and establishment fees over the remaining term. If you plan to pay the loan out i…
Your usable trade equity is the trade-in value minus the existing lender payout. If the car is worth $20,000 and the payout is $12,000, the trade contributes about $8,000 of positi…
A consolidation loan can lower the monthly repayment and still cost more overall if the term is stretched or fees are high. Use this calculator as a first screen, then compare each…
Potentially some or all, depending on lender policy and history. Base salary is usually easier to evidence than overtime, commission, allowances or bonuses. Do not assume the lende…
A longer car-loan term lowers the required repayment but generally increases total interest and keeps debt against a depreciating vehicle for longer. If you were expecting five yea…
A repeat gap between paying labour/materials and collecting customers is a working-capital requirement, not necessarily a profitability problem. The facility should be sized to the…
Practical finance guides, calculators and lender insights from GPS Finance Group for Australian borrowers and businesses.