Talk To A Broker -FAQs
What does a finance broker do for me?
- Assess how much a lender is prepared to loan you, taking all of your circumstances into account
- Provide options around which products are likely to meet your finance needs, and where you will get the best deal.
- Minimising the amount of your enquiries which can affect your credit score
- Prepare your application for finance and submit the application to the lender on your behalf.
- Arrange pre-approval on a loan to make shopping around hassle-free.
How long does it take to get a loan approved?
This can depend on many factors; however, loan approvals can typically be provided in under 5 business days.
What is your interest rate?
The interest rate that will apply to your loan will depend upon your credit history and a number of other factors such as the asset you choose to buy, your servicing, assets and liabilities.
We always look at several lenders to find you the best deal possible. We have access to the lowest rate provided by each lender across our partnership panel. This include over 30 lenders for consumer finance and 70 lenders for business lending.
Do you only do vehicle loans?
No. We have a range of other solutions available, including finance for;
- Plant & Equipment
- Trailers
- Motorbikes
- Boat and Jet Ski’s
- Caravans
- Home Loans
- Insurance
Please refer to the homepage of our site to see our large range of consumer and business finance options.
Can you help me if I am self-employed?
Yes. At Talk To A Broker approximately 90% of our customers are self-employed. We specialise in this area and pride ourselves on our ability to assist self-employed borrowers arrange their finance.
Do I need to pay a fee for a consultation with the broker?
No. Our consultation is provided to you at no cost.
Do you get commission on my loan?
We will generally are paid a small commission on each loan from the lender. This commission is built into your loan repayments and is not charged separately.
Do I need to come to your office to get my finance approved?
No. Although we have headquarters in Sydney, the great part about our service is everything can be done seamlessly and conveniently over the phone and online, without the need for our customers to visit the office.
Can I obtain a loan for vehicles for business or commercial use?
Absolutely! You can apply for a vehicle loan if it is for business or commercial use.
Do I need to have a deposit ready when I’m applying?
Often no. A deposit may be required depending on previous credit history or the value of the goods being financed.
What information is needed to begin the loan process?
This will depend on each borrower’s circumstance and the requirements from the lenders. However, to begin the application process all we generally require is Driver’s licence, 3 to 6 months of bank statements and payslips for PAYG customers. As soon as we have this information, we can commence an application for a loan on your behalf.