All lenders consider things such as if you’ve ever filed for bankruptcy, do you own a home, how much is your current income, how long have you been employed at your current job, how long have you lived at your current address, do you have a credit rating, what is your net worth, and so on.
Aussie Bike Loans will complete an application and make a preliminary assessment to ascertain your repayment ability and credit worthiness. This process is part of our responsible lending obligations and will take into account the security over the loan, your current debt level, your income, and your ability to repay the debt.
You can do some calculations yourself to determine your monthly budget. Simply deduct your expenses from your after-tax earnings. You can also use our helpful loan calculator to get an approximate idea of what your repayments will be, though it's best to contact us for a more accurate quote.