Below are a few frequently asked questions that may help you when choosing a loan thats right for you.
Do I need to provide anything with my application?
Most information for the application can be provided by phone. Individual lenders each have there own requirements dependent on your profile and their credit guidelines. A Jade consultant will guide you through any neccessay documents and possiblities throughout the process.
Almost in all cases we will provide you with a Privacy To Act form to be signed and returned (by email, picture text, or fax)and our credit guide for your records.
Through the completion of your application, the lender may ask for current payslips, ID verification, and proof of residence (electricity bill etc) all quite simple
Some self employed businesses may require us to communicate with your accountant and we will advise you if this is necessary.
With most applications we request limited information, it does depend on each individual situation to if any further documents are needed. Your Jade consultant will guide you in case.
How long does it take to get approved and when can you take delivery of your new leisure goods?
Some applications can be instantly approved if the fit all the lender criteria, however most we allow is 24 hours. During this time our staff start the process of requesting an invoice from the goods supplier or in the event of a private sale we organise the neccessary checks and arrange an inspection on behalf of the financier.
Once you are approved original finance documents will be signed (either face to face or by email) and the supplier will be paid directly usually within 24 hours. Your Jade consulant will keep you informed of all processes and any unforseen delays.
Are your finance interest rates competitive?
Jade Finance Group has over 30 competitive and trusted lenders and insurance companies at its disposal. Our specialist personal leisure financing team source low rates that are unmatched anywhere else.
We consistently monitor current interest rates to ensure you are offered the most competitive deals in Australia. Find a better result and we will not only match it, we will also give you $200 gift card (must be a written quote). Contact us today - Free Call 1300 000 003
What does it cost me to put in an application?
Jade Caravan Finance believes all information and applications for finance should be provided with no fees attached if you choose not to accept. Once we have sourced the better loan package to suit your situation and fees and charges if they are applicable to the loan will be fully discussed with you to see if they are acceptable. Until you accept the loan proposal their is no fee payable by yourself.
Jade has an experienced team with exceptional low rates and packages to suit and find most clients are very happy with what we are able to deliver.
Before your application is completed to the proposed credit provider your Jade consultant will provide you with a Credit Quote detailing any fees for providing credit assistance. These fees will be paid to Jade Consulting (QLD) Pty Ltd from the proceeds included in the total loans facility.
When is my first payment? Can I make extra repayments?
Your payment cycle starts from the date of settlement, not the date your signed your contract. Lease structured contracts are the exception where your payment cycle is from the date on the contract. If your payment schedule is setup fortnightly - then 14 days from the day of settlement is your first payment. If your contract is set up monthly then expect your first payment due one calender month from settlement.
The ongoing payments are deducted from your nominated bank account, unless you have another arrangement made - for example Bpay. Extra payments of any amount can be made at any time by cheque, cash, direct deposit and BPAY where applicable (some fees may apply).
I have bad credit, can I still get a caravan loan?
Each situation with bad credit is different. You may of missed a bill, been laid off work, perhaps a sickness that hurt your income. Jade Caravan Finance has a number of 2nd teir lenders that may assist. Call us today and talk to a Jade consultant and they will guide you through your options.
Remember to give us as much information as possible about what happened. We are here to assist you in getting your loan approved.