The 50/30/20 rule is a budgeting method popularized by US senator and bankruptcy expert Elizabeth Warren. It involves allocating 50% of your income to “needs”, 30% to “wants” or non-essentials, and 20% to savings and other financial goals. Aside from helping you save money, this strategy can also help you reevaluate your budget.
What Laws Apply to Australian Car Loans?
Individuals in Australia who access finance are protected from exploitation by a national system of federal legislation, overseen by the Australian Securities and Investment Commission (ASIC).
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Chris Sims
Chris Sims is Head of Operations at Positive Group. He makes sure that staff have access to all the technology, lender products and resources they need to give the very best customer service.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
https://www.positivelendingsolutions.com.au/resources/information-centre/what-laws-apply-to-australian-car-loans/
Individuals in Australia who access finance are protected from exploitation by a national system of federal legislation, overseen by the Australian Securities and Investment Commission (ASIC).
Are Low Interest Car Loans the Cheapest?
The interest rate is an essential feature of a car loan that you should consider when comparing car loans, but it's not the only important factor. In fact, focusing too much on rate can be a trap.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/cheaper-low-interest-car-loans/
The interest rate is an essential feature of a car loan that you should consider when comparing car loans, but it's not the only important factor. In fact, focusing too much on rate can be a trap.
How Car Loan Interest Rates Work | Positive Lending Solutions
Here's a detailed look at how interest charges are applied to your car loan, what you can do to minimise the interest that you'll pay, for a successful car buying experience.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
https://www.positivelendingsolutions.com.au/resources/information-centre/how-interest-rates-apply-to-car-loans/
Here's a detailed look at how interest charges are applied to your car loan, what you can do to minimise the interest that you'll pay, for a successful car buying experience.
How are Brokers Regulated?
Car loans are regulated under ASIC and federal law. Here's what to look for to ensure that your car loan broker complies and that the broker will put your interests first to find the right loan.
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Chris Sims
Chris Sims is Head of Operations at Positive Group. He makes sure that staff have access to all the technology, lender products and resources they need to give the very best customer service.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/how-are-car-loan-brokers-regulated/
Car loans are regulated under ASIC and federal law. Here's what to look for to ensure that your car loan broker complies and that the broker will put your interests first to find the right loan.
What Rates and Fees Will Apply to my Car Loan?
Your guide to the fine print on your car loan. Don't be surprised by hidden rates and fees - with this knowledge you can untangle your car loan contract and avoid getting into a bad deal.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/what-fees-to-expect-on-a-car-loan/
Your guide to the fine print on your car loan. Don't be surprised by hidden rates and fees - with this knowledge you can untangle your car loan contract and avoid getting into a bad deal.
Should I Make Extra Payments on my Car Loan?
Here's how to pay out your car loan early with less fuss, and get financially ahead faster. You can always get expert advice when you need it at Positive Lending Solutions.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/when-to-make-extra-car-loan-payments/
Here's how to pay out your car loan early with less fuss, and get financially ahead faster. You can always get expert advice when you need it at Positive Lending Solutions.
Choosing the Best Family Car in 2018
Looking to for a new car for your family? Here's the best options in 2018, from city-based, high-tech to off-road comfortable SUV's with the very best safety features, internal space and audio.
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Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/best-car-for-young-families-2018/
Looking to for a new car for your family? Here's the best options in 2018, from city-based, high-tech to off-road comfortable SUV's with the very best safety features, internal space and audio.
9 Best Cars Under $30,000 in 2018
Setting a budget doesn't mean you have to buy a cheap car. Here's our best 9 cars under $30,000 so you can choose a brand new car without breaking the bank.
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Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/9-best-cars-under$30k-2018/
Setting a budget doesn't mean you have to buy a cheap car. Here's our best 9 cars under $30,000 so you can choose a brand new car without breaking the bank.
How To Choose A Car Loan Broker
Here we take an inside look at what makes a truly great car loan broker so you know what to look for when you make your next application for finance.
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Joe Springall
Joe is an experienced lending manager at Positive Lending Solutions. He's committed to making sure his clients are given the best possible advice and careful to take the time to listen to exactly what the customer needs.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/how-to-choose-a-car-loan-broker/
Here we take an inside look at what makes a truly great car loan broker so you know what to look for when you make your next application for finance.
Should I Get A Fixed Or Variable Rate Car Loan?
Find out when to choose a fixed rate loan or variable rate loan to buy your car. With this information, you can make the right decision for your own financial situation.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/choose-fixed-or-variable-car-loan-rate/
Find out when to choose a fixed rate loan or variable rate loan to buy your car. With this information, you can make the right decision for your own financial situation.
Hire Purchase or Chattel Mortgage?
Compare a chattel mortgage with a hire purchase agreement here to discover which option will work best within your business structure. Consider how the vehicle is used to maximise your tax benefits.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/hire-purchase-or-chattel-mortgage/
Compare a chattel mortgage with a hire purchase agreement here to discover which option will work best within your business structure. Consider how the vehicle is used to maximise your tax benefits.
How To Finance A Business Vehicle
A business vehicle loan is more complex than getting finance as a private individual. For your first business car loan, here's what to consider and weight up to make the right choice of finance.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/how-to-finance-a-business-vehicle/
A business vehicle loan is more complex than getting finance as a private individual. For your first business car loan, here's what to consider and weight up to make the right choice of finance.
Where Should I Buy My Car?
Don't like dealing with car salespeople? There are other options for buying your next new or used car. Compare car buying processes here before you purchase.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/where-to-buy-my-car/
Don't like dealing with car salespeople? There are other options for buying your next new or used car. Compare car buying processes here before you purchase.
Ask a Broker: What is Positive Credit Reporting?
Positive credit reporting will become mandatory this year, and is long overdue as Australia catches up with overseas financial systems. Find out what it means for you and your next loan here.
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Dee Mattaboni
Dee is a Customer Support Team Leader at Positive Lending Solutions. She ensures that you have access to information throughout the loan application process and that our staff provide the best possible finance experience for our clients.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/broker-advice-positive-credit-reporting/
Positive credit reporting will become mandatory this year, and is long overdue as Australia catches up with overseas financial systems. Find out what it means for you and your next loan here.
What Car Loan Should I Get?
With so many different types of car loans on offer, you need to understand what each one is designed to do to choose the best car loan for your particular situation. Here's a guide to car loans.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
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354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/what-car-loan-should-i-get/
With so many different types of car loans on offer, you need to understand what each one is designed to do to choose the best car loan for your particular situation. Here's a guide to car loans.
What is a low interest rate for a car loan?
To qualify for the lowest available car loan interest rate, you'll need to have an excellent credit rating. Here's what you can do to secure a great car loan rate.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/what-is-a-low-interest-rate-car-loan/
To qualify for the lowest available car loan interest rate, you'll need to have an excellent credit rating. Here's what you can do to secure a great car loan rate.
How to Save Interest on Your Car Loan
Take control of your car loan and your financial interests with these tips to pay out your car loan quickly and save on the amount of interest you'll owe.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
https://www.positivelendingsolutions.com.au/uploads/blogs/195/Hero-Image---how-to-save-interest-on-your-car-loan.png
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https://www.positivelendingsolutions.com.au/resources/information-centre/how-to-save-interest-on-your-car-loan/
Take control of your car loan and your financial interests with these tips to pay out your car loan quickly and save on the amount of interest you'll owe.
Car Sale Statistics From 2017
The cars Australian's buy say a lot about our priorities and changes in lifestyle. Here's a look at car sales in 2017 and a prediction for the next few years based on trends and emerging technology.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/car-sale-statistics-2017/
The cars Australian's buy say a lot about our priorities and changes in lifestyle. Here's a look at car sales in 2017 and a prediction for the next few years based on trends and emerging technology.
Should I Roll My Car Loan Into My Mortgage?
When you are taking out a second or third loan, it seems like it'll be easier to roll it all into your mortgage, but will it be a good idea long term? Find out here when you should & what to consider.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/car-loan-into-mortgage/
When you are taking out a second or third loan, it seems like it'll be easier to roll it all into your mortgage, but will it be a good idea long term? Find out here when you should & what to consider.
What is the Residual Value on My Novated Lease?
A residual value is a mandatory lump sum that you pay at the end of your novated lease, as part of your novated lease contract. Here's what you need to know to understand how a residual value works.
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Tom Caesar
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.
Positive Lending Solutions
https://www.positivelendingsolutions.com.au
https://www.positivelendingsolutions.com.au/uploads/pages/1/logo-pls.png
354
151
Edwardstown
SA
5039
962 South Road
1300 722 210
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https://www.positivelendingsolutions.com.au/resources/information-centre/novated-lease-residual-value/
A residual value is a mandatory lump sum that you pay at the end of your novated lease, as part of your novated lease contract. Here's what you need to know to understand how a residual value works.