Financial security and pandemic. The two don’t really go hand-in-hand, do they? As if facing a global health crisis wasn’t terrifying enough, the world’s economic nosedive is hitting Australian families and individuals hard. Really hard. But as with most things in life, rest assured there will be light at the end of the tunnel.
Our economy is coming to chaos. Cities are being evacuated, schools are closing their doors, travel restrictions are being implemented and stock prices have been in free fall as the airborne virus spreads. Amidst all this panic, just how is coronavirus impacting financial markets and our very own financial stability?
There are so many different types of loans out there, it can be hard to know which one you should be taking out for your particular circumstances. We are going to take you through exactly what a personal loan is, when it’s a good option to take one out, the different types of personal loans and finally the advantages and disadvantages of them.
When banks close the door your business dreams, just remember that it is not over yet. Aussies have one more form of financing that they can use – and that’s alternative lending.
Since buy now, pay later services have been invented, people can get what they want, while not paying the full price from the get-go. Doesn’t that sound awesome?
Quick loans are suited for people that are in urgent need of cash but cannot access it elsewhere. Therefore, as long as you meet the loan repayment terms, everything is fine. Things are likely to get off track when you miss making repayments or you default – which applies to all types of loans.
Understand that life happens and sometimes, you have to deal with some financial setbacks. Loss of employment, illness and relationship breakdowns may make repayments difficult.
It is perfectly normal for borrowers with kids to skip payments to make room for family fun, especially on the weekends. After all, memories matter more than money, right? We came up with several free or cheap fun family activities with your kids so you can enjoy all the fun without spending a penny.
Banks often reject applications of those with unstable income and negative credit entries on their credit report, unless they have sufficient security for the loan. Good thing there are available debt consolidation loans for people with bad credit.
Choosing the right financial recovery tool can be quite a headache! What’s the best choice between debt consolidation and making your own repayment plan? What are the factors to consider when making a decision? Read on and find out.
When you have a lot of debts with different interest rates, the first thing you will think of is debt consolidation. However, there are certain situations when debt consolidation doesn’t make the cut and other options seem more feasible. Is bankruptcy one of them?
Are you looking for a debt consolidation loan to absorb all your outstanding utility bills, unpaid defaults and high-interest credit card debts? If so, there
Debt consolidation vs. refinancing is an old skirmish on which people do not seem to have reached any consensus. Should I get a debt consolidation
In recent years, debt consolidation has been discussed on all sides by people in debt. On one hand, it is seen as the perfect solution
A lot of people think that for you to build your business you need to get more debts, despite having a bad credit. Others also believe that getting into debt puts their business at risk of going bankrupt. So, how would you know if it is wise to get cash now with bad credit or not?
Debt consolidation can help us out of an unpleasant financial situation. Even so, we rely too much on these types of financial services to get
Debt consolidation loans can truly be a great help, but you must know when you need them. Moreover, there are many other aspects that come into play, like the ones mentioned above. So, review your situation thoroughly before you take such a debt consolidation loan because it can have disastrous consequences if you go for it lightheartedly.
A debt consolidation loan could also work for you if you are getting behind with your debts, thereby reducing the stress of paying off several debts. You no longer have to deal with multiple creditors, or fear telephone calls from debt collectors, reminding you of missed payments or possibly threatening you with court actions.