Savvy Questions & Answers
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I have to wait until December/January for my car to arrive. Once I apply for finance, Is the approval unconditional? I just need something hassle free and minimal impact to credit score.
Is there possible to have a loan with a bad credit and defaults?
how do I apply for car finance
Do you charge a brokerage fee of 1450 $,i just received my contract and had the shock of my life We never had broker taking fees from us
What’s the chances for a casual worker with 2 jobs and good credit score to get approved?
Hi Corey, Casual is fine but it depends on how long you have been in the job. Generally as a minimum requirement 4 months casual is ok as long as there is previous work history (continuous) for a minimum of 12 months. If you have a good credit score that definitely helps your rate. We can assess an application from you without impacting your credit file. If you would like to start that process please contact me at info@savvy.com.au Regards Phil
What are your early exit fees from a car loan?
750 first year, 350 second year and none in third year
I like to apply today a car loan from Savvy. I'm on the disability pension. Someone calls me up today and I told him I'm living on the disability pension, and I like to know, how much money I can borrow. He wasn't helpful at all. he told me I can borrow $8000 and my repayment would be over $411/m for three years. He doesn't give me any option. When I first check the landers Savvy come up for the first choice. I type in the little windows how much I want and how many years. I type $10000 for five years and come out a monthly repayment for $179/m. I can pay back for very easy, so that why I turn to Savvy, but never again. Please tell that person if he doesn't want to help people, find a different job.
How did you go in getting a car loan while on DSP do you remember this 2 years ago? I am sure has gotten worse got Pre Approval from Freedom Capital Finance with $12,000 for 4 years at $216.55 per fortnight something to do with Maximum Lend due to serviceability. Unless own your own home those on DSP or Aged Pension going to be slammed with 34% APR. I will phone Savvy this week maybe get an understanding Broker at Savvy. It was Zoom Car Loans Broker told it straight to me which I prefer.
I’m kevin Scofield I applied for a loans I got a e-mail saying a leader was going to help I have not heard any thing more
What are penalty rates of savvy car loans, for early payout, thanks
Thanks for your enquiry. The answer is that different lenders have different payout penalties. Some don't have payout penalties at all. So it depends on which lender you borrow from.
Is there any money involve,do i need to pay Savvy for services?
From my experience the charges are added to your finance charges. Get a quote from them but do a comparison with your local bank as well. Dont look at interest but your all inclusive monthly payment. Or even better the total amount you would have paid including fees. In my case in 3 years on a 25k vehicle it would have cost thousands more through savvy.
Hi Antonstella, Yes there is an application fee which is paid to savvy, this fee is usually incorporated into the loan and your monthly repayment. Even with this application fee, we find that our repayments are usually more competitive then the repayment that our customers have received elsewhere.
Savvy's fees are really expensive I would be looking elsewhere. Sadly, I learnt this from experience.
Yes, you do, but Savvy won't tell you. However, all the extra fees, charges and twisted interested rate can be reflected in your final monthly repayment. Be very careful when dealing with them, have your homework done propelly if you do not wish to be riped off. I would suggest going to credit unions or banks directly.
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