From personal experience I can assure you they have some standards, I applied for a 75k car loan and got totally denied last year! They didn't even come back with a lower figure! Must not have liked 'ProPunter' as my job title
11k loan over 6 years at 20% is like $67/week, pretty sure a packet of cigarettes costs that much these days.
Low income people are fortunate to be able to borrow from alternative lenders like Money3/Solvar, the alternative is no car and may very well be expensive rideshares and taxis to pick the kids up from school and go to/from work.
Good buying at these NTA levels imo
From personal experience I can assure you they have some...
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Last
$1.03 |
Change
-0.015(1.44%) |
Mkt cap ! $214.5M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | $1.03 | $268.5K | 258.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2275 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 917 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SVR (ASX) Chart |