Post by troycuthers on Jun 11, 2019 16:03:16 GMT 8
When you take out car loans in Australia, you are protected from unethical behaviour by legislation. If you are taking out a personal car loan, your contract must comply with the National Consumer Credit Code (NCCP), which contains extensive protection of consumer rights.
A business or commercial car loan doesn't fall under the NCCP, so you'll need to exercise caution when taking out a commercial car loan. Read your credit contract before signing it, and ask if you have any questions about your rights and obligations under the contract.
A business or commercial car loan doesn't fall under the NCCP, so you'll need to exercise caution when taking out a commercial car loan. Read your credit contract before signing it, and ask if you have any questions about your rights and obligations under the contract.