What are Balloon payments?

What are Balloon payments?

When it comes to car finance there is an add-on that some financiers allow you to apply known as a balloon payment.  It’s a way that the loan is structured to leave an amount at the end of the loan that you payout in one lump sum.  With Balloon Term: 60 months $50,000...
Information required for assessment

Information required for assessment

When completing an assessment for finance for a car, boat, trailer, caravan or leisure craft, we are often asked why so much information is required. Just give me a rate! We can certainly provide a range of rates available in the market, but this does not mean you...