Personal Finance Frequently Asked Questions








Today getting finance is easier than it ever has been. One of the benefits of seeking financial advice before taking out a loan is that you can avoid many common pitfalls. We will be creating future blogs about how to best manage personal debt but this blog is not about that. Today I will answer some of the more frequently asked questions from clients who have already decided they want to apply for Personal Finance.







Q) Do I have to go into a bank branch to sign application forms?
A) No there is no requirement to sign the application forms at a branch. We can do this in person or e-mail you the required documentation as long as we have photographic identification.



Q) Can I get finance to pay out existing high interest rate debt?
A) Yes we can structure a loan to pay directly to any other credit provider.



Q) Can you finance private sales or do you need to purchase from a business such as a car dealership?
A) Yes you can finance private sales either straight to their account or yours in certain circumstances.




Q) What sort of deposit do I need?
A) You can get personal finance with no deposit. If you do have a deposit however you may be able to get a better deal.



Q) Can I borrow for business use?
A) Yes you can although not all credit providers off this service.



Q) How long does it take to get finance approval?
A) There are lenders who can provide same day approval and funds within two hours of all documentation being received.



Q) How long does it take to complete an application?
A) If we have all the information we require we can complete an application in around 10-15 minutes.



Q) What purposes can you borrow money for?
A) There are extensive lists of acceptable loan purposes including car purchase, other vehicle purchase, car repairs, auto upgrades, travel, home improvements, household furnishings, educational expenses, debt consolidation, medical and cosmetic surgery, dental surgery, mortgage cost funding, vehicle deposit funding and sporting equipment .








For a complimentary consultation please contact us through our website www.constancywealthmanagement.com.au


What you need to know

Constancy Wealth Management is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 AFSL 232706 and Australian Credit Licence 232706. This information does not take your circumstances into account, so read the relevant disclosure documents and consider what’s right for you. If you acquire an AMP product or service, AMP companies and/or their representatives will receive fees and other benefits, which will be a dollar amount and/or a percentage of either the premium you pay or the value of your investments. Ask us for more details.


This post contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information