Christian auto loans after bankruptcy are a common way for people in this situation to get financing. An auto loan after bankruptcy can be obtained from several different avenues, and there are creative means to also buying a car and paying cash. Consumers looking for this specific financing should very carefully consider all financing options before entering into a lease or loan agreement and there are precautions to exercise before making a decision.
This means for the next 9 months ill have to make minimum payments of 2% to Anz, and then just before the 9 months expires pay it out from my home loan. This will save me a reasonable amount of interest over the 9 months. If I didn’t have the money after 9 months I could then balance transfer it somewhere else, or if that wasn’t an option at the time let it revert to the purchase rate (but I’d call and make sure I had the card with the cheapest purchase rate first).
Doesn’t impact it at all unless you don’t pay it.. At the most if you apply for a new anz card because you don’t have one it will say on your credit application you applied for a credit card (but it won’t even tell them if you we’re approved or not – the government is changing this as of mid 2014 though). It’s not good to have LOTS of applications for credit within a small time frame. One application or less every six months is normal.
Jj – SBS article. Australia is about to fall off the edge of a cliff and all the economist in the SBS article can come up with is meaningless comments. They are meaningless as the current government has/will destroy any opportunity to create a ‘knowledge economy’ – the renewable sector is being killed off just at the point in time when the two biggest economies in the world promote renewable while our really dumb PM promotes coal.
New industries do not just magically appear they have to have to be funded, supported and you most importantly need to know if any investment will yield a positive outcome. That is to understand what your national competitors are doing. Australia is NOT an ‘innovation economy’ we do not have a national ‘framework’ within which to effectively align what are scarce resources – we have lots of meaningless academic talking heads. Innovation and new product development is a hit and miss operation and analogous to hoping the inventor in a garage can come up with something new. Countries like Germany, South Korea, increasingly China, etc, ‘plan’ to be competitive and align their scare resources – R&D, government funding, training/education, etc, to out manoeuvre others.
Spain is the exemplar of what Australia will look like in a few years time. When everyone who has invested all of their savings and have gone all in” by borrowing as much as they can suddenly realise that the future does not look like the recent past, that is when we have a Minsky moment. Unemployment shoots up to 25% and property developments are abandoned or those that have been completed for overseas investors become derelict.
Of course this is how you let the irresponsible bankers off. Pretend that the banks are solvent while filling their balance sheets will lots of debt at zero interest, and borrow it back at 5% interest on the tax payers dime. Purchase the bad assets off them, wait a few years and voila the banks have traded their way from insolvency to solvency while the tax payers are left with a big bill and some really bad assets. Banks saved, no bankers held responsible or made an example of and all is fine and dandy.
Hi Glen, I think that that any personal action must be entirely ones own choice and be consistent with ones personal situation, and values. There is no one size fits all strategy or magic investment” that is going to get people get through the inevitable coming changes. I think the trick is to identify where you personally rely most on the current system, then try to find small steps that you can take, to increase your personal independence and resilience. Some easy first steps for some people may include, becoming more knowledgable in managing and using alternate currencies. Cultivating close friendships and trusted networks, learning to grow healthy fruits and veggies. Acquiring a useful stand alone” skill that may be useful now as well as down the line.