37 questions from our users
Im looking at applying for a car loan through fox Symes next financial year.
The question I have Is on your website it states authorised car dealers
Do you guys have a select list of dealerships you work with or dose that just mean a licenced dealership?
Once discharged from bankruptcy and with a perfect credit rating in normal everyday life, am I able to get a car loan with reasonable interest rates
Can you help me on my credit file there's a default from a firmed true blue this debt is over 10 yrs old . how do I fix my credit file? Can you help please as it prevents me borrowing money and I need too borrow for a car but keep getting denied.
Thanks for your mail. I have been informed by the debt agencies that this is debt free after 5 years, and as per law not more then 7 years it remains on credit file, Since this is 10 years, i feel this is wrong by law and you should asked your firm from where your debt things are launched. Also you can ask them to help you with the car loan. Also this things depend on the companies you approach for credit.
Can i get a homeloan while paying off my consolidation that i have with you??
If I arrange a payment agreement and I come into some monies can I pay the balance without having to be slugged the interest over the time period agreed.
I’m concerned about hidden fees. I’m 18mths into my debt agreement and only now reading reviews. I’ve seen that people have copped massive fees, $6000+. I was under the impression that the initial fee of $750 was it. Please tell me I’m correct and I’m not going to be stung later.
can you make an offer to finish off debt agreement early? for example you still owe 10000$ and make an offer to pay lump sum of 6000$ to pay out the debt agreement?
Ive recently signed up with fox symes and theyre really helping me a lot. They tell me not to worry about my creditors theyre dealing with even though theyre still sending me debt collection notices. I feel like Im still doing something wrong though! Im doing a payment arrangement with them over 4 years. Anyone have experience with this? I just want to know I dont have to stress about being taken to court eventually or something
I have the same concern and am on the same plan, about a week into it. I have been instructed to not pay the creditors and let them work with them, but I can already see it's affecting my credit rating more than before. Let me know if you get any further advice or answers. It's uncomfortable, that's for sure.
How do I get an enquiry off my credit rating that fox symes wrongfully put on
I'm with Fox Symes for almost one year now and unfortunately, just recently, I lost my job due to my illness. Now my question is, how can Fox Symes help me now that I have no income and pay my monthly dues? Please let me know in return and would really appreciate it. Thank You.
Hi, I have a loan outside a bank of arounf 20k loaned from a friend. Can Foxsymes help me with debt outside a bank institution?
I dont know but i think no because Fox Symes dont pay the debt out they arrange more affordable payments. Hope this helped
Fox Symes can p ay the debit out on your behalf or you do over time. What you would need is something in writing as proif you iwe them.
Hi it’s been 10 years since debt agreement and I’m still impacted by it (regarding obtaining credit) Please seek real financial help and educate yourself. Even try to strike up agreement with creditors directly. Avoid debt agreement at all costs. Don’t make my mistake. Look out for reviews from people who have lived with debt agreement 5-10 years later. The reviews out there are from new clients. The real insight it’s from the people years down the track. I know it’s hard to face finances but anything is better than the repercussions 5-10 years later. I wish I had someone to give me sensible advise all those years ago. Goodluck!
Hello. I've never used a service like Fox Symes before and I'm not even sure if it would be the right step for me as I'm terrified of having my credit ruined but will likely end up doing that to myself if I don't start catching up on my debt. I have a 50k loan that I am paying back but I'm finding it to be a bit of a struggle as I have massively overcommitted myself. I work full time and my pay isn't terrible but with all other living costs and membership contracts I'm in, I'm falling a little short each month. It's manageable to a degree but I'm finding I have no quality of life from these stupid mistakes. Is fox symes something I should consider?
Hi has any one refinanced a home loan and consolidation of debt using equity through them? Will this make you classify as bankrupt?
Hi, so I consolidated my debt with Fox Symes in Feb 2016. I paid it out 3 years earlier then the 5 year agreement and I am now in desperate need of a new car... I have tried to get a bank loan through my bank but I’ve been rejected because I’m still locked in to the agreement with Fox Symes. I have been offered a car loan through Fox Symes but my question is, if I sign up for a car loan with them, will I have to wait another 5 years before I can apply for a house loan or anything like that through the bank? Or will it be wiped clear from the original end date which is Feb 2021??
Hi there. I'm not too sure really, you best ask Foxsymes. I was wanting to get a car loan from them too last year but decided not to cos their rate is wayyy high but if you're desperate then give it a go. But ask Foxsymes too about your questions. Mine will end end of Jan next year so 3 payments to go woo-hoo it's been a long time living on a budget. I too have to wait for another year to clear the agreement to get a car loan. Good luck darl.
Hi Jessica, from my personal experience. You won’t be able to get any credit during agreement and even after you’ve been discharged. When discharged you will receive a letter to advise. If I knew what I knew now. I would not apply for credit until you get a Veda check on your file. You will be able to see some of what the creditors see. If you are eager and try to apply and the defaults show up, the rejected credit application will show on your file and stay for what I can gather is another 5 years..this could impact ability to borrow even years later. Be careful and educate yourself. Good luck. Even be careful doing Veda checks, in case where there is default still on file after being discharged. I’d even wait a whole year before doing another Veda check. Too many file checks spook lenders once you finally have the clear on file then it’s safe to at attempt to borrow. But even then, be careful as even banks you may have defaulted with could keep records as long as they need. Tread carefully!
My husband recently signed with Fox and Symes. Don't know if all parties have agreed to it as one company is still taking funds out of our account and Fox and Symes have also started taking out their fees. Any ideas?
If have have started your application and it is 50/50 and you choose to pull out of it are you charged any fees? It was going to cost me $3000 for a 10,000 loan over 4 years at a 16% interest rate and $15 a month account keeping fee. Can i back out?
How long does it take to receive money from Fox symes once approved?
If I have a debt consolidation am I able to get a small personal loan?
I have $10,000 left to pay over the next 2 years... I have budgeted to have this paid by Nvoember this year (14months eariler than signed). My question is as soon as I have paid what I owe will my credit file be clean or would I have to wait untilthe actual end of agreement?
Im wanting to ugarde my car at the end of the year - Fox symes said they can give me 30k now at 16% p.a (Way steep) so hoping I can get a normal low rate loan at the end of the year....
Just wondering if anyone else has been in the same situation.
Entered my part 9 with foxsymes 6-12 months ago and since then I have incurred some debts unintentionally since then. I know I can’t add them to my debt as they were incurred after the debt agreement date but does anyone know if there’s a way I can get them there?
Can I cancel my current debt agreement and update with a new one?
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