Top 10 Frequently Asked Questions!

  1. What items do you lend money against?

    We are called Mobile Money because we lend up to 70% of the value of mobile goods such as cars, boats, trucks, motorcycles, trailers, plant machinery or anything else of value. We can also arrange loans against property settlements, wills, legal claims and legal settlements. We can also arrange loans to purchase cars, trucks etc on a long term basis.


  2. I need to borrow some money, how do you work?

    We lend money against mobile goods such as cars, boats, trucks. Trailers, motorcycles, caravans, horse floats, anything of value even aeroplanes. Our loans are short term from 1 day to 3 months and can be extended if needed. Your goods are kept at a high security storage premises with video surveillance and insurance for the term of the loan. We can also arrange loans against property settlements, wills, legal claims & legal settlement. We can also arrange loans to purchase cars, motorcycles, trucks etc on a long term basis.


  3. How long does it take to approve my loan?

    Your loan can be approved within 15 minutes with access to your money immediately, some conditions do apply.


  4. What do I need to have with me to do business?

    You must have current identification, ie drivers licence, government photo ID, passport or similar. Proof of ownership of the goods being used as security, ie registration papers and/or purchase receipt. Third parties goods can be used with written permission from the third party.


  5. My vehicle is unregistered, how can I get it to you?

    We can come to you and arrange transport. If vehicle is drivable we possess a traders plate which allows us to move to our premises unregistered cars, trucks, trailers, motorcycles etc.


  6. Can I get a loan for only a week or two?

    We specialise in short term loans and discounts to our monthly rates apply when the loan is paid out in the first two weeks of the contract so no penalties or fees – it’s cheaper the shorter the loan.


  7. Can I finance the purchase of a car or similar?

    Yes you can. We have as part of our service a separate finance section for cars, trucks, motorcycles and even personal loans.


  8. I still owe money on my car to the finance company; can I still use it as security with you?

    It would depend on the valuations of the vehicle and if the payment figure is less than the valuation.


  9. What happens if I can’t afford to pick up my goods, do I still owe you money?

    No, your contract is paid out in full. If any losses are incurred there is no recourse back on the client.


  10. How do I know my goods are safe?

    Mobile Money has been in business since 1994 and during that time has not lost or had an item stolen. Our security premises is monitored by 9 security cameras, back to base alarms and laser beams. We also have complete insurance cover against fire, theft, damage to client’s goods.

 

Mobile Money Australia was Established in 1994