START HERE
Get a free car loan eligibility assessment and compare offers tailored specifically to your circumstances.
Loan Amount:
$
Postcode:
All finance quotes are provided free (via our secure server) and without obligation. We respect your privacy.
Any Purpose
New car purchase
Used car buyers
Refinancing
Private sale
Dealer purchase
Any Situation
Refused by Banks
Self-employed
Bad Credit History
Low/No Deposit
No Savings History
Ex-bankrupt
All Features
Secured Car Loans
Unsecured Finance
Vehicle Leasing
Hire Purchase
Chattel Mortgage
Major Banks
Non-bank Lenders
Lo/No-doc Loans
Knowledgebase
Guarantor:
A party who agrees to be responsible for the payment of another party's debts should the original party fail to pay or perform according to a contract.
Car Loans Australia :: Articles

Car Loans Australia Articles

Are you Spending Savvy?

When applying for a payday loan it’s easy to get caught up in the excitement or relief of having money again, because lets face it, it feels good doesn’t it? You see those dollar signs and the mind drifts off onto all those other things we could buy.

You’ve taken the step of securing some cash to ensure you’re not in the red financially, but now the focus needs to be on discipline. It’s important that the reason for applying for a payday loan is what you actually spend your loan on. If you don’t use the money that your get from a Payday Loan appropriately then you could end up in a huge financial mess.

For example, you’ve received a payday loan in order to make a rent payment on time, but the prospect of spending the money on a luxury has taken over. So despite having the cash you end up not making the rent payment after all. Not only do you still owe rent money, but you now also owe your loan provider money, which is receiving interest as the days go by.

The fact that Payday Loan companies do not ask what you use the money for is part of the convenience that they offer, and this works out great if you want a small amount of cash for a ‘want’ rather than a ‘need’.  But paying the loan back on time needs to be your next focus, because you cant just pay your rent and then forget about your loan. The onus is on you to make sure you use the money wisely or you will have the Payday Loan Company chasing you for repayment as well as the other companies that want their money!

If you use your Payday Loan incorrectly, then you could end up needing to borrow more and more money until you are in such a financial mess that may be impossible to get out of. Using discipline is they key to your financial success and keeping you out of trouble. So use your payday loan for that rent payment, and you’ll remain free of all those problems that can result from one little splurge after a lapse in judgment.


Finance Articles

Credit Cards Debt - How to freeze the Plastic Debt Dragon in Your Wallet - Start Living Again
Are you scared to open your wallet knowing there is a fire snorting dragon lurking in there. Here is a plan... read more

Tackle Bad Credit With These Simple Ideas!
Bad credit can make it difficult to do business with certain types of companies. Poor credit impacts your... read more

Ways To Help With Debt Problems
It is very easy to fall into debt, just when you think you have your finances in order your car could break... read more


Finance News

Personal Loans to help Australians in need: FSO
Oct 29 :: As Australia prepares to clean up following devastating fires and floods, Financial Services Online CEO, Andrew... read more

Small business loans to help Aussie businesses through tough times
Nov 27 :: Financial Services Online has today announced a new credit facility for Australian business customers who... read more

Police issue warning about bank scam
Nov 20 :: Melbourne police are warning people about a scam in which fraudsters pose as bankers and ask for money.They... read more