Northern Beaches Car Loans in Bilgola Plateau, New South Wales | Financial service

Northern Beaches Car Loans

Locality: Bilgola Plateau, New South Wales

Phone: +61 414 973 236

Address: 7 Daly street 2107 Bilgola Plateau, NSW, Australia

Website: http://www.absoluteadvantagefinancial.com/

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22.01.2022 Absolutely the best way to buy a car! Do Nothing. We'll do it all. Our Experts will find you the best car at the best price You have better things to do than tramp around car yards all weekend No need to take your eyes off your devices until the test drive... And Guess what? We bring the car to you for the test drive. Just one call will do it all! For express service call 0414973236 or email "Buy Car" to [email protected] How much??? Nothing at all for our service. Just pay for the car. You need finance for the car? Let us get you the car finance at competitive rates . Just send us nice Videos and pictures of you and your car for us to post on this page. Bulelwa Freer African Elegance Pty Ltd P O Box 304 Newport Beach NSW 2106 Mobile: 0414 973 236 Email: [email protected] ABN:49 082 221 449 Australian Credit Licence: 390 841 MFAA: MFAA Credit Adviser 10271 See more

14.01.2022 With spring comes nice balmy days! Most of you will be out shopping for your dream car. I would like to hear from you about your car buying stories. The Best experiences, what was so good about it? What it made you feel? What made the difference? Your worst experiences, what was the key thing that happened? How did you feel? Looking back what could you have done differently? Keep your EYES peeled for our next announcement.

01.01.2022 Pros and cons of debt consolidation with your mortgage If you are struggling to keep up with multiple credit repayments credit card, car loan and mortgage ... one option for simplifying the issue is to consolidate all the debts into your mortgage. However, there are also potential negative consequences for consolidating all your other debts with your home loan, so you should consider this strategy carefully and ask for independent advice before making a decision. So what are the pros and cons of debt consolidation with your mortgage? Pros Shifting from multiple payments to one payment When you consolidate your debt, you only need to make one regular payment, so your finances are more organized and you don’t have the stress of doling out minimum payments to multiple lenders. Once you have streamlined your repayment plan, you may even be able to increase the amount of that one repayment. Lower interest rate Multiple debts is equivalent to multiple interest rates, yet when you consolidate all these debts, you are only paying interest on one loan, which is generally at a lower rate than before. This is an automatic saving. With one interest rate and one regular payment, your monthly payment will probably be much lower than usual, giving you the option of increasing the amount of your regular repayment to get on top of the loan faster. Cons Reduces the equity in your home Unlike your car and the items you purchase with your credit card, your home is an investment which will appreciate in value. Your goal is to increase the equity in this asset for your own financial security. Yet when you combine your home loan with your other debts, you are reducing your equity without any increased value of assets to balance it out. Risking your secured loan Another difference between a mortgage and your other debts is that a mortgage is a secured debt if you can’t pay it, the lender can take something from you in lieu of the debt. In contrast, if you cannot make your credit card payments, it will affect your credit rating and your ability to get another credit card but it won’t have a significant impact on your overall security. Consolidation loans are also secured loans. When you consolidate all your debts into your home loan and then cannot manage to make the repayments, your home is at risk. More costly in the long term While your minimum monthly repayments may be reduced in the short term, your long term debt may be increased. For example, if your car loan was taken over a five year term and then consolidated into your 30 year home loan term, then the interest on the original car loan will actually be increased so you are ultimately paying more for your car. Debt consolidation can be a valuable tool for some borrowers, but can be difficult for others. Contact us today if you would like expert advice on whether debt consolidation is the right strategy for you.