Frequently Asked Loan Questions
What Does natloans Have to Offer?
We offer our clients a vast spectrum of finance solutions and insurance products. For convenience you can be spilt our products into three categories
Consumer Products
We finance cars, boats, bikes, carvans, jet skis, motorcycles, yachts and just about anything that can be used of personal use.
Business Products
We finance and/or lease almost anything that your business needs. Below are some options. We specialise in being able to customise your finance to meet your needs.
- Hire Purchase
- Finance Lease
- Novated Lease
- Chattel Mortgage
- Technology Finance
- Property Finance
- Sale and Leaseback
Insurance Products
We offer you a full range of insurance products. Contact us on 1300 628 562 of you have any questions.
- Full Comprehensive
- 3rd Party Fire & Theft
- 3rd Party
- Shortfall (Gap Cover)
- Loan Protection
- Cash Benefit Insurance
- Extended Warranty
- House & Content
- Landlord Insurance
- Home Building Insurance
How Much Can I Borrow?
You can borrow as little as $5000 for a personal loan. The maximum amount depends on your situation and what you are borrowing for.
How Long Is The Loan For?
This varies depending on what you are borrowing for and how long it suits your budget. Loan terms for car and personal loans can range from 1 to 7 years. Home loans are up to 30 years.
How Long Does It Take To Apply?
Not long at all. To complete a quick quote in 3 minutes. You can do this online, over the phone one of our enthusiastic consultants, or drop in to our office.
How long Does It Take To Get Approved?
Our loan consultants evaluate client applications within a couple of hours and look to contact the client as soon as possible. It very simple to get started by fill out our quick quote, it will take less than 3 minutes to complete and provide the loan consultant with the necessary information to evaluate the application. They can offer conditional approval directly if you are eligible. Bear in mind if your application is complexity then this may prolong the evaluation period.
At natloans we make it a point to maintain continual contact with out client throughout the application process until the finance documents are signed. We can pay the dealer or person directly to speed up the process.
Can I Get My Loan Approved Before Purchasing?
We recommend that you get pre-approval. This will help you in the negotiation process with either the dealer or a person. You will be able to say "I’ll pay cash into your account directly". This means you can shop knowing how much you can borrow.
Are Your Interest Rates Competitive?
At Natloans we pride ourselves on providing the best interest rates we can, combined with loan products that meet our clients needs. Our goal is to provide you the best service, prompt turnarounds and the most competitive deals in Australia. As such, we consistently monitor current interest rates. We challenge you to try & find a better deal. However, the interest rate offered may vary by several per cent depending on a number of factors such as your credit profile, the age of the asset you are financing and the amount you are wishing to finance. Contact us and get a quote now, then compare us with the banks and other lenders.Can I Buy A Car Privately? Can I Buy From A Dealer?
Yes. We give you the option to purchase from a dealer, in an auction or private sale. In some cases a used vehicle will need to have a vehicle inspection conducted in order from the payment to proceed.
Do I Need To Provide Anything With My Application?
What you will need to provide us will depend on which loan product you choose. In addition self employed or business loans have different requirement to consumer loans. Your loan consultant will advices you of the necessary document.
Common documents include:
- Proof of address
- Drivers’ license
- Rental receipts
- Pay slips
- Letter from employer
When Do I Make My First Payment?
With personal loans the first payment is due a fortnight after the settlement date if your repayment schedule is fortnightly or one monthly after if monthly.
With business loans the first monthly repayment is due on the settlement day.
Can I Make Extra Payments?
You can make additional repayments at anytime.
Are There Any Application Costs?
Natloans deal with a large panel of lenders, therefore the monthly or ongoing account keeping fees may vary. Furthermore, the amount financed and which state of Australia you live in, also effects the set up, approval and/or establishment of your loan.
Contact us to get an exact quote
There is no fee if natloans does not approve your application.
Have more questions?
Contact us now on 1300 628 562. Our refreshingly enthusiastic staff will be happy to help.
