Introduction
WELCOME to the March 2008 edition of 'Lendcorp Finance News'.
In this month's edition we cover "Secured Loans", What are they and how they benefit you"?
Which vehicle is in the lead for "Australia's most popular car" and..........
Is there any money out there that could be yours? We have included some sites that may be of interest to you, it's worth your while to have a look. All it takes is a few minutes on the net.
Good luck and let us know your success.
We hope you find our Newsletter informative and if you would like any other issues covered, please do not hesitate to drop us a line at sales@lendcorpfinance.com.au.
Kind regards
The Lendcorp Team
Secured Loans
How do you benefit from a secured loan?
What is a Secured Loan
A secured loan is a loan where the lender has security over the item being purchased, such as a motor vehicle, truck, caravan, motorbike, boat, etc.
With the lender taking security over the goods, their risk of loss is reduced, therefore giving you a better chance in obtaining the loan and at a lower interest rate than a standard personal loan.
Benefits
- Lower Interest Rates
- Repayments are fixed for the term of the loan
- The total purchase price can be financed
- Greater possibility of obtaining a loan if you have had a credit problem
- Repayment term up to 60 months
If you would like any further information on our secured loans feel free to contact our brokers.
Unclaimed Super
Have you:
- Changed jobs in the last 10 years?
- Had more than one job at the same time?
- Changed Names?
- Changed Address?
- Forgotten how many super funds you have had?
You may have some unclaimed super that has been forgotten. AUSfund "Australias Unclaimed Super Fund" has a no obligation no charge service that can help you find it. Simply go to the AUSfund site click on the search for lost super section, type in your name and date of birth and then hit go. You may get a match.
$300 million In Unclaimed Money
Consumers have been urged by the Australian Securities and Investment Commission "ASIC" to check the unclaimed money register and see if there are any owners or beneficiaries of unclaimed funds from insurance policies, bank accounts and company investments.
Spending a few minutes on the internet is all it takes and there is no cost involved in making the claim.
The search facility on the FIDO website is updated once a week, with new amounts being added regularly.
The largest amounts waiting to be claimed include $104,000 in an insurance policy, $324,000 in a NSW bank account and $205,000 from a company takeover.
Australia's Most popular Car
Australia's most popular car the "Holden Commodore" may lose it's reign. So far this year the Toyota Corolla has been the top seller in Australia.
Commodore sales for the first two months of this year are down by more than 15% while Corolla sales are up 13.5 %.
Corolla's have had a good head start, but judging by the interest with the release of the new VE-based Commodore Sportwagon, due to go on sale mid-year, Holden spokesman John Lindsay believes the race for the title of Australia's favorite car will be closer than ever.
That's all for this month's edition.
In closing, we hope you have enjoyed this newsletter and look forward to some feedback
All the best from the Team at
Lendcorp Finance
Please note that information in this publication is subject to change without notice. Lendcorp Finance assumes no responsibility for any errors, ommissions or mistakes in this document. You have received this email because Lendcorp Finance Pty Ltd believes we have previously made contact with you, which has given us the opportunity to send you information relevant to your organisation, your interests, or your relationship with us. If you would prefer not to receive future email newsletters please unsubscribe via the link provided, see bottom left of page.
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