The how to for loans and obtaining finance



Sometimes we want to make purchase but don’t have the money to do so, so we have to apply for a loan. The most common form of personal loan is a car loan. Not many people have thousands of dollars sitting in their bank account to buy a car outright, so they have to loan the money.

For example, I have a 2008 Mazda 6 and would like to upgrade to a 2014 Mazda 6 (picture above). On a trade in I would roughly receive $17,000. A 2013 plated Mazda 6 is $44,990. So, I would need $27,990.  Like a lot of people, I don’t have that amount of money sitting in my bank account, I would definitely need a loan for that amount to purchase the car.

But how do you go about obtaining a loan and where do you start? Well for a start, you need an income and a decent credit rating. There is no use applying for a loan if you can’t afford to pay it back.

Speaking of which, do a budget and work out how much you can afford each month to pay for your loan and then the total of what you can loan via an online loan calculator. Most banks have them on their sites.

There are a few ways you can apply for a loan, one way is by contacting a lender directly, another is via a broker or online. For an online option you can try a lender like Yes Loans. Yes Loans offer a fast, easy and friendly finance option.

Yes Loans also offer personal loans and secured loans for your personal needs and a full range of business loans for the purchase of motor vehicles and plant and equipment.

Steve Sell and the team at Yes loans offer an online solution to car loanstruck loansboat loans, plant and equipment loans, property loans and mortgages.

Yes loans can also arrange insurance for your motor vehicles and sickness and accident cover for the period of the loan. Gap or shortfall insurance can provide peace of mind in the event your car is stolen and not recovered or written off.

Yes loans has access to a panel of lenders that cater to high net worth clients through to people that have had previous loans difficulties. Even previous bankrupts.

Yes loans also provides a car find service that can often save you thousands of dollars. This service is free to Yes loans clients.

 #This post is in collaboration with Yes Loans  in accordance to our Disclosure Policy.

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