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Balloon payments
Balloon Payment Problems: What Are Your Options in South Africa?
If your vehicle balloon payment is approaching and you cannot afford the final lump sum, you may have several options. These include paying the amount, refinancing it,…
Balloon payments
Balloon Payment Due Soon? What Should You Do First?
If your vehicle balloon payment is due soon, the most important thing is to establish exactly how much you must pay, when it becomes due and which…
Balloon payments
Can You Refinance a Balloon Payment?
Yes, you may be able to refinance a balloon payment in South Africa, but approval is not automatic. Refinancing generally involves applying for new credit to pay…
Balloon payments
Sell, Trade or Refinance a Balloon Payment?
If your vehicle balloon payment is approaching, you may be considering whether to sell the car, trade it in or refinance the final amount.
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6 articles in Balloon payments
Balloon payments
Balloon Payment Due Soon? What Should You Do First?
If your vehicle balloon payment is due soon, the most important thing is to establish exactly how much you must pay, when it becomes due and which options are realistically available before that date.
Balloon payments
Balloon Payment Problems: What Are Your Options in South Africa?
If your vehicle balloon payment is approaching and you cannot afford the final lump sum, you may have several options. These include paying the amount, refinancing it, selling or trading the vehicle, or asking your…
Balloon payments
Can You Refinance a Balloon Payment?
Yes, you may be able to refinance a balloon payment in South Africa, but approval is not automatic. Refinancing generally involves applying for new credit to pay the large final amount owing on your vehicle-finance…
Balloon payments
Can’t Afford Your Car Balloon Payment? Compare Your Options
If you cannot afford your car balloon payment in South Africa, you generally have four options worth investigating before the final amount becomes overdue: refinance the residual, sell the vehicle and settle the finance, trade…
Balloon payments
Missed Your Balloon Payment? What Happens Next?
If you have missed your vehicle balloon payment in South Africa, your finance agreement may now be in default because the final amount became due and remains unpaid. However, missing the balloon payment does not…
Balloon payments
Sell, Trade or Refinance a Balloon Payment?
If your vehicle balloon payment is approaching, you may be considering whether to sell the car, trade it in or refinance the final amount.
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