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Want A Novated Lease Now

Want A Novated Lease Now

Want A Novated Lease Now.

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I Want To Buy A Car. Now What?
When pursuing a daunting financial endeavor, seeking savvy solutions and cost-effective alternatives is crucial. You can apply for a Car Finance by Stratton Finance otherwise one such fiscal exploit includes purchasing a car.
What Is A Novated Lease?
A novated lease is an agreement between an employee, their employer, and an appointed leasing company wherein the employer docks an employee’s pay as a means of paying off car payments. In other words, it’s a way for employees to remain honest and consistent with their car payments without losing either their car or job.

Employee Benefits Of A Novated Lease

  • Fewer upfront costs
  • Upgrades can transpire every two to three years
  • Don’t have to pay GST
  • Creates a favorable salary packaging plan
  • Allows for greater savings
  • Immeasurable convenience
  • Save 10 percent on the cost of the vehicle

Employer Benefits of A Novated Lease

  • Tax deductibility
  • Neutral cost
  • Administration and paperwork is handled off-site
  • Lessened liability
  • Employee goodwill
  • Employee is responsible for payments should they decide to leave the company

Novated Leasing FAQ
Novated leasing is inherently complex. With that said, both employees and employers inevitably have their qualms about the process. For a better understanding of the matter, one should perform diligent research and speak to novated lease experts. At the very least, it’s recommended that individuals find the answer to some common misconceptions. Visit Stratton Novateed Lease www.strattonfinance.com.au/novated-lease This provides thorough and intelligible answers to your most burning questions.

 

Car Finance

Car Finance

Four Ways to Get the Best Car Finance Deal

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So you’re ready to buy a new or used car in Australia, and you know you need a good car finance deal. You may be struggling because you don’t know how to get the best deal, however. The following are four tips that you can use to ensure that you get the absolute best rates and treatment from your Australian car finance provider.

1. Use a Comparison Tool

A comparison tool can be your best friend during this time when you are searching for a great car finance deal. A comparison tool or site can show you what you need to know right in front of your face. It will show you the interest rate that you will receive from the prospective providers as well as the providers’ ratings and other helpful information. Sometimes, you may even get to see the approval percentages so that you know the odds.

2. Don’t Make Hasty Decisions

Another helpful tip is to take your time. Too many people jump into car finance deals without taking a minute to think them over. There may be a better deal right around the corner, but they jump into the deals because they think they’ll never get the opportunity again. That’s not true. In fact, Stratton Car Finance at https://www.strattonfinance.com.au/car-finance/car-loan deals are abundant.

3. Save a Good-Sized Down Payment

It will be very wise for you to save a good-sized down payment before you ask a company for a car finance deal. The more of a healthy down payment you put down for the car, the lower your monthly payments will be. A decent down payment is one that is in the area of $2,000 ot $5,000. Another way of looking at it is to think of it in percentages. Ten percent of the total cost of the car is a great down payment for you to present to the prospective lender. That way, the lender can see that you’re invested in the deal for a lot of money, and he or she will be less likely to reject your application.

4. Research the Providers

Finally, you need to take the time to sit down and research the providers that you are thinking about getting a car finance deal from. They are helping you in a way, but you still don’t want to borrow from a company that will is not transparent, honorable and kind toward its customers. Reading consumer reviews can help you to get a good understanding of a company’s ethics. Consumers are always leaving comments about their experiences to the masses. Don’t be afraid to read them and then use them to help you make your decision.

Noting should be able to stop you from getting the car that you desire so that you can help to provide for your family. If you use all of the above-mentioned tips, you should be able to receive an absolutely wonderful car finance deal.

Applying for Car Loans

Applying for Car Loans

Different Ways to Apply for Car Loans

For many people, the first step of buying cars is looking for car loans. If you are someone who is looking for car loans to help you purchase a vehicle, you could be wondering about how to get started with shopping for one. Luckily, you have a few different ways to look for car loans. These are a few options that can help you get started.

 

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Online

First of all, nowadays, a lot of people look for Car Loans at Stratton Finance. This can be a good thing for a few reasons. For one thing, you will not have to worry about taking time off of work or away from your other responsibilities; instead, you can just get online on your computer, phone or tablet to look for lenders and to start filling out applications. This can also help connect you with lenders that might not actually have physical offices in your area but that might still approve your loan and help you get a car. Plus, you can take your time, and you will be able to search online to do your research about each lender that you are thinking about dealing with.

At the Dealership

Another good way to look for car loans is by going to a car dealership. Many car dealerships actually work with multiple different lenders and are able to help people apply for loans through multiple lenders at one time. You will also be able to work with a professional at the dealership who can help you with the process, which can make things easier if you don’t really know what you are doing. Plus, you can shop for a car at the same time, so you can get both things taken care of at once.

At a Bank or Lending Institution

If you have a certain bank that you already have a working relationship with, you can head to the bank yourself to ask about car loans. You can also stop by loan offices for lending institutions to inquire about their loans and find out what you might need to do to apply.

As you can see, if you are in the market for car loans so that you can purchase a car, you have tons of options. These are just three ways that you can shop around for car loans so that you can find a loan that you will get approved for and that can help you buy the car that you want.

Novated Lease

Novated Lease

Novated Lease

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Parties who want to form a new novated lease must be able to legally create a contract. The creditor must be able to dispose of his previous claim. The debtor must be able to bind himself to the new claim. In addition to these requirements, additional conditions are required.

The difference between the two obligations must relate to one of the constituent elements of the obligation. There must be a modification of the object and the cause of the obligation, the person of the debtor, the person of the creditor, or the terms of the obligation. A novated lease must bring something new, otherwise the transaction would be merely the recognition of a pre-existing debt.

For its part, the new Stratton Finance Novated Lease Calculator must be valid, failing that condition requires that the first lease will not be ended. The obligation differs from an assignment of receivables because it results in the appearance of a new receivable distinct from the former. Moreover, the debtor must consent.

This operation differs from the assignment of debt. Sometimes the transaction involves the intervention of the debtor, sometimes the new debtor will be obliged to the creditor. With expromission, the consent of the creditor is indispensable. The former debtor will be released.

In this case, the new novated lease obligation shall be created and the original obligation shall be ended. The new debtor will be obliged to the creditor. The new debtor shall be obliged to the creditor at the request or at the order of the former debtor. In this case, the new obligation may differ from the former.

This new lease implies that the debtor engages for the same purpose, but in a different capacity. The introduction or deletion of a modality entails a new novated lease because it is a condition that affects the obligation itself. It implies an extinctive effect, implying a renunciation of the creditor to his original claim. The will to end the old obligation must not be equivocal.

Novation is an agreement between a creditor and a debtor of an obligation to end that obligation and create another. Renunciation is not presumed, it is an abdicative act. Similarly, sometimes the parties have introduced a new method of settlement. This is the case where the parties simply wish to adjust the pre-existing obligation. If the intention to form a new novated lease does not appear, it will be assumed that there has been no novation.

There can be no creation if the old obligation does not go away. Since the first obligation is ended, its characteristics and accessories are not included in the second obligation. It ends the old obligation as if a payment had occurred and replaces it with a new one.

The old obligation is ended only because a new obligation is created. This double extinctive and creative effect implies a discontinuity. The exceptions that the debtor could claim against the former claim are not enforceable to the new one. There is an unenforceability of exceptions that will strengthen the rights of the creditor. The accessories and guarantees are not included in the new claim, unless there has been a special agreement and the consent of those who provide the guarantees.

Happy with Your Current Car Loan?

Happy with Your Current Car Loan?

Potential Options if You Aren’t Happy with Your Current Car Loan

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When you first purchased your car, you might have really been in need of a vehicle. Because of that, you might have taken out any car loan that you could get approved for. You might have also been willing to take just about any car loan because of the fact that you may have had bad credit or a low income when you purchased your car. Many people in this situation find themselves feeling desperate and will take any type of loan that might be offered to them, even if it comes with a high interest rate.

Now that the new has worn off of your car, however, you might have found that you are not happy with your car loan at all. You might be unhappy about how much you are paying in interest, for example, or you might have found that your payments are just too high for you to be able to pay easily each month. Regardless of why you might not be happy with your current car loan, you do have options. These are a few things that you can look into; if you compare your options, you might find that one of them will help you out.

Refinance Your Car

If you are happy with your current car and want to keep it but aren’t happy with your Car Loans by Stratton Finance, one option that you can look into is refinancing it. For example, this can be a good option if you would like to try to reduce your interest rate or if you feel that your payments are too high to be affordable each month. By refinancing with another lender, you may be able to get a lower interest rate, particularly if your credit has improved since you first bought your car. You might also be able to get a longer-term loan so that your payments are stretched out more and are therefore more affordable. Applying with a few lenders can help you determine whether or not refinancing might be a good option.

Trade it In

If you are interested in buying another car, you may want to consider trading in the vehicle that you have now. Then, you can use the equity in your car to help serve as a down payment for your next car loan. If you are upside down in your current loan, the lender might wrap the difference into your new loan. This can be a good option to look into if you are ready to drive something different.

Sell Your Vehicle

Some people find that selling their vehicle and paying off the current loan is a good choice. Depending on how much more money you owe on your car loan and how much your vehicle is worth, you might be able to walk away with a little bit of cash to put toward another car. If you are upside down in your loan, however, you might still owe the lender after the car is sold. For some, it can be worth it to not have to worry about having a car loan anymore.

Welcome to Illawarra Quilters

Welcome to Illawarra Quilters

The Illawarra region is located on the South Coast of NSW, just beyond Sydney, where the escarpment meets the sea, with Wollongong as the major city.

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The Illawarra Quilters group was formed in 1987 with 45 members. Over the years our membership has increased to over 200.

Our first exhibition, held in 1988 has become a regular event held every two years, showcasing members’ work and raising funds to support local community institutions.
Illawarra Quilters are dedicated to fostering the art of quilt making, both traditional and contemporary, offering friendship and advice along the way. Workshops and retreats with local and international tutors are conducted throughout each year, promoting new techniques and breaking new boundaries.