FAQs
Here are some commonly asked questions we answer everyday:
HOW MUCH MONEY CAN I BORROW?
Minimum amount is from $10,000. We can advise your maximum limit over the phone once we have assessed your individual situation.
HOW QUICKLY CAN MONEY BE TRANSFERRED INTO MY ACCOUNT?
We can approve your loan over the phone and provide funds in as little as 24 hours. Our regular length of time is between 24 to 72 hours.
I'M SELF EMPLOYED AND AM FINDING IT DIFFICULT TO PROVIDE ALL THE BANKS' DOCUMENTATION TO GET A LOAN. CAN YOU HELP?
Yes we certainly can. Unlike the banks, we do not penalise you for being self employed. We have a range of specialist loan options that we can discuss with you.
I HAVE PREVIOUSLY DEFAULTED AND AM EMBARRASSED ABOUT HAVING A BAD CREDIT RATING. WHAT ARE MY OPTIONS NOW?
This is a common scenario - you are certainly not alone. We understand sometimes life can throw tough times at us, and you may have had difficulty with making payments on time. Our consultants will look at your situation and discuss the best finance solutions available to you.
I AM IN ARREARS WITH MY HOME LOAN. HOW DO I GET MYSELF AND MY REPAYMENTS BACK ON TRACK?
We specialise in helping get people out of arrears. A large percentage of our clientele experience falling behind with their mortgage payments when they come to us.
ARE THERE ANY COSTS INVOLVED IN TAKING OUT A LOAN?
We will cover any up front costs that may be incurred and recover them once your loan is settled.
I HAVE A NUMBER OF CREDIT CARD DEBTS, A MORTGAGE, AND A CAR LOAN AND AM PAYING OFF SO MUCH INTEREST, THAT THE ORIGINAL DEBTS DON'T SEEM TO BE GOING DOWN. IS THERE A BETTER WAY?
We will always try to find the best repayment plan for your personal situation. Debt consolidation would be an ideal option to reduce the interest and save you thousands of dollars. Refinancing is another great alternative.
WHAT IS PART IX OF THE BANKRUPTCY ACT?
Part IX of the Bankruptcy Act 1966 is legislation which provides mechanism outside the rigid code of bankruptcy by which insolvent debtors can be relieved of the need to pay debts immediately or in full.
Arrangements made under this can assist debtors to avoid bankruptcy and often provide creditors with a greater or more timely return on their debts than they would receive if the debtor were to become bankrupt.
For more detail information on the provisions of this legislation please refer to the ITSA website.
