“Everything under one umbrella”: how Ashish found a $5,000 car loan

Looking for a more organised view

Ashish lives in Melbourne with his wife and six-year-old child and works as a business analyst. At the time of his interview, the household was relying on his income, so he kept a close watch on loan options, credit scores and financial news.

He says WeMoney did not transform his financial position overnight. What it did provide was a clearer way to organise information that had previously been spread across different accounts and services.

“Everything under one umbrella,” is how he describes it.

A $5,000 loan for a car

When Ashish needed a $5,000 car loan, he compared options through WeMoney and applied with Wisr. He recalls completing the process in about two days, with repayments of roughly $200 each month.

For Ashish, the experience stood out because it was easy to follow and did not require a long, complicated process.

“Very easy, quick,” he says.

Information that supports a decision

Ashish continues to value being able to see his financial information together. A consolidated view makes it easier for him to understand where a new repayment fits alongside the household’s other commitments.

His story is not about borrowing more than he needs. It is about having enough information to compare a specific product for a specific purpose, then choosing a repayment he believes he can manage.

The result is a car loan that serves a practical need and a clearer view of how that loan sits within the family budget.

See your finances together

Join WeMoney to bring your accounts together and see your finances in one place.

Disclaimer: Ashish’s experience is his own and is not a guarantee of a similar result. The information in this article is general in nature and was prepared for information purposes only. It should not be considered financial advice and does not take into account your objectives, financial situation or needs. Consider whether it is appropriate for your circumstances and seek independent advice before making a financial decision.