Category Archives: Car Loans

Are you borrowing too much?

We are very lucky these days to have access to cheap money. Some of us will remember home loans priced at 18% p.a. and car loans at 20% plus. That said, it is important to maintain your wits about you … Continue reading

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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 … Continue reading

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A loan guarantor will not solve all borrowing problems

It is true that often borrowers are able to breach the gap between their borrowing needs and the loan qualification criteria of lenders, by using a loan guarantor. However guarantors can only be helpful in some borrowing situations, while in others … Continue reading

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Making yourself more attractive to your lender

When it comes to qualifying for finance, it is important to understand what lenders are looking for in assessing your loan application. This is not about getting a haircut or buying a new suit for a meeting with your bank manager, … Continue reading

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Understanding the basics of borrowing

Like it or not DEBT is a four letter word. We all borrow but some of us do it better than others. Before deciding to apply for any form of credit you really should stop and ask yourself the following questions. … Continue reading

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Credit repair is not what it seems to be

Given the intense regulation of all financial product marketing in Australia I continue to be surprised at what “is allowed” when it comes to promoting credit repair services. Advertisements promise to wash away your bad credit, creating the impression that all … Continue reading

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Getting your financial house in order

While smart financial management is something most of us aspire to, in our experience few people actually get there. First of all, analyzing ones financial situation and charting out a wise financial course is not terribly exciting as well as … Continue reading

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Do’s and Don’ts of borrowing

Unfortunately not having an adequate understanding of the Australian credit system and the basic mistakes that can easily be made by the unwary, has led many individuals down the path of excessive, unaffordable debts, and impaired credit history. This information is … Continue reading

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Credit options after bankruptcy

We often speak to individuals who have recently been discharged from bankruptcy and who are looking to borrow some money either in the way of an unsecured personal loan, a car loan or a home loan. Unfortunately your bad credit … Continue reading

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Not all debt is the same

Being debt averse can be a good thing, however it is important to keep in mind that not all debt is the same. When borrowing money today, we get to enjoy experiences or assets that we can not yet afford … Continue reading

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