When you are trying to buy your first proper car, the standard advice is usually to shop around for the best deal. But in the finance world, blindly shopping around can actually destroy your chances of getting approved at all. This week’s case study follows a young customer who fell into this trap, tanking his brand-new credit score right before he found his dream car. Here is how we navigated a bruised credit file, and an older vehicle, to get the deal done. Get a Quote Customer of the Week...
13 days ago • 2 min read
Last week we saw a fast turnaround in a customer’s credit score that allowed them to secure the finance they needed. Unfortunately, self employed business owners can struggle to get the same trajectory in their road to redemption. Lenders can be less forgiving about past mistakes, even if your business is doing well and the blemish is small. This week’s case study is a perfect example of what happens when a high-earning business owner hits a wall due to old defaults. The good news is that...
20 days ago • 2 min read
Almost everyone who applies with Gusto Finance wants the quickest solution possible. And we go out of our way to deliver that as often as we can. But a good broker knows that in some circumstances, rushing an application can do more harm than good. Especially if you have a damaged credit file, any rejections will further damage your score and set you back even further. Sometimes, the most valuable advice we can offer is a roadmap to getting back on track. This week’s story is a perfect...
27 days ago • 2 min read
Getting your first proper car loan is always meant to be an exciting milestone (even with petrol prices on the way up). But for young borrowers, the system can be tough on them. A shorter credit history, lower earnings, and inexperience managing things like Buy Now, Pay Later, means the deck can quickly feel stacked against them. This week’s customer story features a 20-year-old customer who dealt with his fair share of rejections before finding the team at Gusto. Get a Quote Customer of the...
about 1 month ago • 2 min read
This week’s story is a perfect example of why a great credit score doesn't guarantee approval. Sometimes, hidden landmines in a borrower's finances mean their repayment capacity is much lower on paper than it is in reality. Here is how we helped a strong borrower navigate a tricky servicing failure. Get a Quote Customer of the Week This week, a trusted dealership partner in Penrith sent a customer our way who was looking to buy a 1997 Toyota Hilux for the family. On paper, this applicant...
about 1 month ago • 2 min read
A Winning Partnership Off the Line! We usually spend our time getting you into the driver's seat of your next car. But this week, we are thrilled to announce that Gusto Finance has jumped into the driver's seat ourselves (well, alongside it), on the racetrack! We are proud to announce our official sponsorship of Whiteline Racing and the roaring #95 Chevrolet Camaro in the Australian Touring Car Masters series, driven by Scott Cameron. And what a way to start the partnership. A Perfect Weekend...
about 2 months ago • 1 min read
If you are married or living with a partner, you have options for how you present your finances to a lender. Each lender has a different policy for how they assess "partner income" and whether they include it in your loan affordability assessment. Most people assume their only option is a Joint Application, but that creates a new set of challenges (especially if your partner's credit score is lower). In this week’s customer story, we look at how one customer leveraged her household income to...
about 2 months ago • 2 min read
It amazes us every day how frequently lenders misinterpret the information provided to them. Unless there is someone to intervene and correct their assumptions, the result is often an unfair rejection. And its not just lenders, but "professionals" who also overlook things. This week’s customer story kicks off in the office of a dealership trying, and failing, to obtain finance for a car our customer wanted. A deal was possible; they just didn’t know how to identify the incorrect assumption...
2 months ago • 2 min read
The RBA has delivered a gut punch to Australian households at their first opportunity in 2026. So it has never been more important to ensure your car finance has the sharpest rate possible. It is a common misconception that the big banks are the place to go for the best rates. Well, this week’s customer story will prove otherwise. And the difference is big enough for you to never look at your bank the same way again. Visit Gusto Finance Customer of the Week Despite having a strong credit...
2 months ago • 1 min read