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In this blog we’ll go through exactly what you need to apply for a car loan with us. Whether you are after something previously loved or a new shiny set of wheels, applying for a car loan is easy and we can have you pre-approved before you start looking. Below is all the information you need to start the process. What's required to apply? Before applying, you might like to check out our car loan repayment calculator tool to get an idea as to how much your loan repayments are likely to be. When you’re good to go, and if you’re not an existing Horizon customer, you'll need to provide two forms of ID. We can verify you when you apply online, making the process even quicker. To assess your ability to repay a loan your lender will need pay slips or bank statements as proof of income. We may also call your employer for verification. You'll also need to disclose what you currently own - assets (e.g. existing vehicles, savings, house) and what your expenses are - liabilities. These include but are not limited to existing loan repayments, credit cards, HECS debt and rent. How do I know if I qualify? Your lender at your local branch will respond to your application after assessing your income and completing a credit check. The request for recent payslips, as proof of income is a key factor to qualify for a car loan, as you'll need to prove you have a steady source of revenue coming in to meet your repayments. After you’re approved Before we release the funds the car must be comprehensively insured with motor vehicle insurance. You can choose between market and an agreed value. Ask your lender about car insurance during your loan application. We can set you up with regular automatic future payments or payroll split so you never have to worry about manually making your repayments. Next steps Transfer of registration if it is a second hand car. When a used car changes hands, the registration has to be transferred from the seller to the buyer. It's the buyer's responsibility to transfer the registration. Contact Service NSW for further information. Need some extra help with planning and saving? Get in touch with the friendly team at Horizon Bank today and let us help you on your journey. Horizon Bank has a branch network spanning the NSW South Coast and Illawarra. Horizon Bank branch locations: Albion Park, Bega, Bermagui, Berry, Merimbula, Moruya, Nowra, Thirroul, Ulladulla & Wollongong. The content in this article has been prepared by Horizon Bank for general information only and it is not intended to be professional advice. It does not take into account your objectives, financial situation or needs. You should seek your own legal, accounting, financial or other professional advice where appropriate, and consider the relevant General Terms and Conditions before deciding whether to acquire any products or services offered by Horizon Bank and/or its affiliated partners. We do not recommend any third party products or services referred to in this article unless otherwise stated and we are not liable in relation to them. Any links to third party websites are for your information and we do not endorse any content on those sites. Horizon Credit Union Ltd ABN 66 087 650 173 AFSL and Australian Credit Licence Number 240573 trading as Horizon Bank. * Credit criteria applies.

Sorting out your money before you go What is the best way to take money overseas? You have a few different options. Rather than just relying on cash, consider taking a cash passport or travel money card too. Your own visa debit or credit card can be taken as well for extra flexibility when it comes to paying for things. Plus, having back-up options for lost or stolen cards is always a good idea. Keep an eye on exchange rates leading up to your holiday, then order foreign cash or load up your travel card when the exchange rate is in your favour. With some clever timing you may be able to make your dollar stretch that bit further. This is particularly for those currencies that are worth more than the Australian dollar, such as the British Pound or Euro. Consider the fees and charges While no one wants to have to worry about fees and charges, it’s important to remember that if you pay for things on your debit or credit card oversees, you may pay more than you think. Overseas merchants tend to charge a higher conversion rate for the trouble of converting your money into their currency. Check with us about the costs of using your card for overseas eftpos purchases and in foreign ATMs. Talk to us about travel insurance Without travel insurance, cancelling your holiday due to sickness or injury means you’re unlikely to get back any money you’ve paid so far.  What you’re getting up to on your holiday is also important. Make sure your policy includes cover for dangerous sports if you’re planning on skiing, skydiving or taking part in any other adrenaline filled activity. Get a quote online here. How about those bills? Missing a bill while you’re on holiday can lead to late fees. Or in extreme circumstances, stopping services all together if payments are frequently late. Take the hassle away by setting up direct debits before you go. Tell us before you go By letting us know you’re out of the country and where you’re going, we’ll know it’s you conducting those international transactions. We’ll continue to keep an eye out for any suspicious activity on your accounts and credit cards while you’re away. Looking for more money advice for your overseas trip? Get in touch with Horizon Bank today and let us help you on your journey. Horizon Bank has a branch network spanning the NSW South Coast and Illawarra. Horizon Bank branch locations: Albion Park, Bega, Bermagui, Berry, Merimbula, Moruya, Nowra, Thirroul, Ulladulla & Wollongong. The content in this article has been prepared by Horizon Bank for general information only and it is not intended to be professional advice. It does not take into account your objectives, financial situation or needs. You should seek your own legal, accounting, financial or other professional advice where appropriate, and consider the relevant General Terms and Conditions before deciding whether to acquire any products or services offered by Horizon Bank and/or its affiliated partners. We do not recommend any third party products or services referred to in this article unless otherwise stated and we are not liable in relation to them. Any links to third party websites are for your information and we do not endorse any content on those sites. Horizon Credit Union Ltd ABN 66 087 650 173 AFSL and Australian Credit Licence Number 240573 trading as Horizon Bank.

Using our currency converter calculator It’s that time of year where many Australians are heading overseas in search of relaxation and warmer weather, with travel destinations such as Bali, Thailand and Europe being amongst the most popular. After finalising your travel arrangements, it’s time to consider the exchange rate. Using a currency converter is a quick and easy way to see how much of the foreign currency you’ll receive for your Australian dollar. You can keep up to date with foreign exchange rates for a number of popular travel destinations by checking out the table here.  If you’ve set yourself an amount for spending money, you can then use the currency converter calculator to see if you’ll have enough on your trip, or if you’ll need to save more! Watching the exchange rates over a period of time is a good way of knowing when it's the best time to convert your money. After you’ve worked out how much money you have to convert, you can order your foreign cash through us. Travel Insurance If you haven’t purchased travel insurance, we can also sort this out for you. Travel insurance is great for peace of mind that should your luggage be lost or stolen, you’ll be covered. You’re also covered for a number of other events. Get a quote online or talk to us about your travel insurance needs before you go. Horizon Bank has a branch network spanning the NSW South Coast and Illawarra. Horizon Bank branch locations: Albion Park, Bega, Bermagui, Berry, Merimbula, Moruya, Nowra, Thirroul, Ulladulla & Wollongong.   The content in this article has been prepared by Horizon Bank for general information only and it is not intended to be professional advice. It does not take into account your objectives, financial situation or needs. You should seek your own legal, accounting, financial or other professional advice where appropriate, and consider the relevant Product Disclosure Statement and Terms and Conditions before deciding whether to acquire any products or services offered by Horizon Bank and/or its affiliated partners. We do not recommend any third party products or services referred to in this article unless otherwise stated and we are not liable in relation to them. Any links to third party websites are for your information and we do not endorse any content on those sites. Horizon Credit Union Ltd ABN 66 087 650 173 AFSL and Australian Credit Licence Number 240573 trading as Horizon Bank.