stringostar Posted August 18, 2013 Share Posted August 18, 2013 Hi guys. im 14 months into a 4 year sponsored 457 visa. I'm looking to get a loan for a car, for under 20k, but don't know where to go. I have been to a couple of dealer ships but they won't do finance without a 20 percent deposit.. That's money I don't have ! Can anyone recommend a bank to try and apply to a loan at. Thanks Link to comment Share on other sites More sharing options...
Andrew from Vista Financial Posted August 20, 2013 Share Posted August 20, 2013 Sorry stringostar I am not able to assist here as personal/car loans are not something that I deal with. Regards Andy Link to comment Share on other sites More sharing options...
Ronan20 Posted August 20, 2013 Share Posted August 20, 2013 We got a loan from NAB for a car, and we're on a 457. We had to show proof of income, our projected expenditure etc. No problem Link to comment Share on other sites More sharing options...
Blackhorse Posted August 20, 2013 Share Posted August 20, 2013 I also got a loan through NAB, on a 457. It took a bit of "to and fro'ing" to provide info and reassurances, the key seemed to be it needs a human processing it rather than say an online automated tick the boxes type application. Link to comment Share on other sites More sharing options...
Mongrel Posted August 20, 2013 Share Posted August 20, 2013 I also got a loan through NAB, on a 457. It took a bit of "ollto and fro'ing" to provide info and only reassurances, the key seemed to be it needs a human processing it rather than say an online automated tick the boxes type application. All lending will only lend to the max of the visa and need a deposit , if not the interest will be higher Link to comment Share on other sites More sharing options...
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