Do not get “snowed under” this Christmas

Its hard to believe but we are only weeks away from Christmas. The “Silly Season” that all too often finds unprepared revelers deep in debt at the commencement of the new year. If you are one of these people who leaves Christmas shopping to the last minute and buys presents “emotionally” rather than “financially” – this article is …

The positive side of credit reporting

If you are over 18 and have ever applied for any form of credit then you have a credit record. This can occur seamlessly and without you realizing it. Your credit record may be of little interest to you until you decide to apply for some form of finance. Worse still, you may be in the …

Borrowing while in a debt agreement

We regularly hear from people who are in an undischarged debt agreement and would like to gain access to some unsecured finance. Although a debt agreement goes a long way in assisting individuals to bring under control unaffordable unsecured debts, it can prevent you from being able to qualify for any finance before the agreement …

Incompatible mortgage circumstances

Home loan applicants need to understand that there are certain personal and financial circumstances that are incompatible when applying for a mortgage and can result in an application decline. While borrowers can often qualify for a mortgage without a saved deposit, with some bad credit history, without full financials, and even straight out of bankruptcy …

The true cost of bad credit

There are tens and possibly hundreds of thousands of people walking around Australia with some form of credit history impairment. It may be an account in dispute that has been recorded as an unpaid invoice by your creditor, a loan guarantee that went bad, a lost account that has been missed or a serious situation …

Loans after bankruptcy – what is possible

We are regularly contacted by individuals currently in bnakruptcy or those just out of bankruptcy looking for assistance with finance. It seems that many consumers do not realise that their oppoprtunity to borrow while in bankruptcy is very limitted. Bankruptcy rules for borrowing While you are allowed to apply for small loans during your bankruptcy, …

The Budget message we refuse to get

We have been told time and time again by many politicians that the ‘age of entitlement is well and truly over’. Australia is paying around $1 billion dollars interest month on month for our national debt, and this debt continues to grow.  Unless we start cutting our national expenditure, the financial future of our county …

Debt consolidation pitfalls

Lets face it, when it comes to debt consolidation many people are a little confused as to the best strategy to save money and reduce debt faster. It can be very easy to fall prey to attractive advertising offers and sign up to consolidation deals that do not perform to expectation. It helps knowing what …