I have recently arrived (4 weeks ago) in Oz on a 309/100 permanent partner Visa. I currently bank with NAB and am potentially looking at applying for a car loan. 2 questions on this:
1. Is it possible to have sufficient a credit rating to get a loan so soon into my stay?
2. In around a year I wish to apply for a mortgage. If this loan is available and I pay as planned would this help improve my rating for the mortgage application?
Any advice is appreciated.