Hi, I’m Kevin Bolton the founder of LoanPlace.com.au. I started LoanPlace.com.au with the intention of helping to give all Aussies a fair go when it comes to finding a great loan or lease deal to buy their next car. Pretty quickly I realised that I shouldn’t just stop at cars because getting a great deal on financing a ute, van, truck, motorbike, boat, jet ski, caravan or motorhome is just as important.
Our Goal
At LoanPlace.com.au our goal is to help you Save Time, Hassle and Money when it comes to finding the very best finance deal for your individual circumstances. After 18 years working in various positions in the finance industry both here in Australia and in the UK I’ve learnt that there is no single best solution. Why? Because one size doesn’t fit all – we’re all unique! For example, what’s a great deal for the recently qualified carpenter buying his first ute isn’t necessarily going to be the right option for the working mum who’ll use her SUV to get to work and to do the school run.
My Background
During a career which started with me selling personal loans as an inexperienced telemarketer fresh out of Uni and has included training big car dealers on how to sell finance, working with manufacturers to show them how to use finance to sell more vehicles, running a call centre for a big bank, working with one of the UK’s largest supermarket chains to market finance products direct to their millions of shoppers and organising multi-million dollar lending facilities for large companies I like to think that I’ve learnt a few things along the way. I want to share my experience with you so that you avoid the potential pitfalls and find the best deal for you.
The Necessity of Borrowing
None of us like borrowing money, but it’s often a necessity because who has the cash put aside to go out and buy a car or a boat or a caravan? We all know the answer, ‘not very many of us’! That’s why I believe it’s important to have 2 things when you’re in a position where you are planning to make a major, expensive purchase. For me those 2 things are Information and Choice. If you have access to these you’re on the right tracks to finding a great deal.
Information
Like many people, when I’m planning a big purchase I like to do my research. The frustrating part is the amount of time you spend surfing the internet going from one website to the next trying to pick up bits of information and little tips. That’s why you’ll find heaps of information and tools on this site to help bring you right up to speed with the various financing options, what all the jargon means and insider tips on how to go about getting a great deal. At LoanPlace.com.au we’re all about providing convenience and giving you everything that you need in 1 place.
Choice
Once we know what you are looking for, we analyse our constantly growing database of experienced and qualified finance brokers to match you with one that specialises in that area. They then search their lenders for the best available deals so that you get 3 free quotes to compare. What’s more if you have any questions they are on hand to help. You can then confidently choose what’s right for you.
The Value of Finance Brokers
Home loan brokers are now part and parcel of everyday life in Australia. Many of us take advantage of their services when looking for a mortgage because we know that they have access to a range of lenders and can use their knowledge and experience to narrow the field down to the most suitable and best value options.
But when it comes to getting a loan for a car or a motorbike, for example, lots of people just accept what the dealership offers them or just go straight to their bank without checking out what’s also available. I’ve seen it happen so many times and it continually baffles me.
One of Australia’s best kept secrets is the network of finance brokers that specialise in providing finance for vehicles and other assets. Brokers are not lenders, they act as an intermediary between you and the banks and finance companies to help you find the best deal. Essentially they do exactly the same as a home loan broker but they focus on cars, utes, vans, trucks, motorbikes, boats, jet skis, caravans and motorhomes. Some specialise in cars and motorbikes, whilst others focus on commercial vehicles and some on marine products. Regardless of what their niche is or where their specialism lies they will all listen to what you want and use their expertise to find you the best deals. Importantly they work for you not for the banks.
Consumer Protection
Finance brokers operate in a highly controlled environment and are regulated by ASIC (Australian Securities and Investments Commission). By law they must hold an Australian Credit Licence if they deal in consumer finance. To be granted a licence, applicants must meet the required criteria and adhere to strict standards of conduct. In addition I personally vet all of our providers and we only work with those that we feel provide the type of customer service that we’d expect if we were looking to finance an important purchase. What’s more we also hold our own Australian Credit Licence. You can feel confident that you are in safe hands.
Serious Buyers and Serious Providers
LoanPlace.com.au helps to connect you, the serious buyer, with a specific broker, the serious provider. We know that once you’ve made your mind up that you’re going to buy that shiny new car that you’ve set your heart on you just want to get on with it. Our brokers are serious about the services that they provide and love to deal with serious buyers like you who have taken the time to do some research and think about what they want.
Learn, Connect, Compare
If I had to describe in 3 words what LoanPlace.com.au helps you to do they would be Learn, Connect and Compare. By learning about the options that are available you can begin to determine which approach is going to be best for you. By connecting with experienced professionals you can use their expertise and get them to do the legwork to search out the best deals. By comparing your 3 free quotes you can choose what’s right for you.
Fees
We get paid a fee by the broker if we send them your quote request. This enables us to continue to provide the LoanPlace.com.au service to you for free and it means that our providers can use their marketing budgets in a more targeted way instead of wasting money on advertising campaigns that may or may not bring in customers.
Thank you
Thank you for visiting and I hope that you enjoy using the site, whether it’s to help you get that boat that you’ve always dreamed of or to put you behind the wheel of your new family car. Whatever you’re looking for I hope that you find a great deal, and more importantly the right deal for you!
