When you’re dealing with multiple debts, consolidating them into one manageable repayment can feel like a huge relief. But a common question many Australians ask is:
“How long will this stay on my credit report?”
Consolidating debt means merging several debts (credit cards, personal loans, store credit, etc.) into one single loan or repayment plan.
The Reserve Bank of Australia has just announced a significant rate cut, dropping the official cash rate from 3.85% to 3.60%. This move, aimed at stimulating the economy and easing cost-of-living pressures, presents a golden opportunity for Australian borrowers to improve their financial position.
When you’re overwhelmed by debt, creating a budget might feel pointless or even impossible. But a solid, realistic budget is often the first step out of financial stress and toward stability.
For many borrowers, especially those navigating multiple loans or credit lines, credit utilisation ratio (CUR) is a key metric that influences both credit scores and overall financial health. But what is it exactly?
Managing debt is a critical aspect of financial well-being. Avoid falling into a cycle of debt by watching out for these 5 common mistakes
Credit cards are great until you start to lose control of repayments. Learn how to reduce credit card debt here and get your finances back on track.
As daunting as it may feel, there are ways to escape debt (and it’s easier than you might think). Read our 10 steps to get out of debt!
There are many benefits that come with budgeting. It’s something that everyone can do. It doesn’t matter how much you earn, what expenses you have, or where you are at in life. They can be created specifically for your needs. In this blog, we share budgeting tips to help you to manage your finances.
11 August 2008 Vicki Reynolds from Oberon, New South was delighted to receive the congratulatory phone call from Chris Riotto, Managing Director of Australian Lending
Currently we are facing an economic downturn. In the final quarter of 2008 there were 1,991 debt agreements signed. According to ITSA this figure is up 37.12% on December 2007.
