Frequently asked questions & answers
Most allied health workers will have access to low rates and competitive loan products. The specific rate that you will qualify for will be determined on your personal situation including income, credit history, residential history and employment status. As an allied health worker, compared to someone who does not work in the industry; you will be favoured upon when it comes to a financial assessment. Your lending specialist will be able to discuss exactly what interest rate you qualify for once completing a non committal assessment. Fox Finance Group is rehearsed in speaking with allied health workers, and know which lenders will prioritise your profile for a loan approval.
Car loan interest rates vary by lender, your financial situation, and whether the loan is secured or unsecured. Fox Finance Group compares multiple lenders to find you the lowest available rate.
4WD Car finance is when a vehicle finance company lends you the money to buy an off-road vehicle and they will hold security over that vehicle for the duration of the loan. 4WD Car finance can be used for personal use (a consumer car loan) or commercial use (business vehicle loan). We’ve assisted thousands of customers with 4WD finance approvals, this is what we do all day every day. Give us a call for an obligation free chat on 1300 665 906.
A low doc business car loan allows business owners to borrow for a vehicle using alternative income proof, such as bank statements, BAS, or an accountant’s letter, instead of full tax returns. It’s designed for new businesses, those with irregular income, or anyone who cannot provide standard pay-slip documentation.
A bad credit car loan is a type of vehicle finance specifically designed for individuals who have a low credit score or a history of financial difficulties, such as defaults, missed payments, bankruptcies, or debt agreements. Unlike traditional lenders, specialised bad credit lenders look beyond your credit history and focus on your current ability to repay the loan.
A balloon payment is a one-off lump sum that you agree to pay your lender at the end of your loan term. If you decide to go with a balloon option, you can choose this balloon amount or percentage with your Lending Specialists guideance before you loan is submitted for approval.
Alot of customers choose to have a ballon payment to reduce their repayment commitments throughout the term of the loan with the knowledge of when they are likely to upgrade to the next vehicle.
A boat loan can be either a secured loan or an unsecured loan. If secured, a boat finance company will lend you the money to purchase your boat and hold security over it for the duration of the loan term. Boat loans can be arranged for both personal use and commercial use. We can help you finance any time of boat – yachts, tinnies, powerboats, pontoons, keelboats, boat trailers & accessories … and much more! Reach out to us on 1300 665 906 or apply now – its obligation free.
A business car loan is a financing option that helps companies purchase vehicles without paying the full price upfront. It allows repayments over time, freeing up cash flow for other business needs.
A business line of credit is a flexible funding option that gives your business access to a set amount of capital you can draw from as needed. You only pay interest on the funds you use, not the full approved limit.
A car loan comparison rate combines the interest rate plus most associated fees and charges into a single percentage. This gives a clearer indication of the loan’s true cost, not just the base interest.
