What Can You Do if Your Debt Consolidation Application Is Declined?

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 back on our feet and rarely do we learn our lesson.

But what happens if your request for debt consolidation is denied?

It can be a nightmare for your finances and can […]

By |October 23rd, 2017|Categories: Debt Consolidation|Tags: |0 Comments

When Is a Debt Consolidation Loan Feasible?

Debt consolidation loans are meant to pack multiple small loans into one that is more manageable. It is one of the most common forms of debt relief. However, not many people seem to know when debt consolidations loans are feasible.

There are some things you must take into consideration when you’re tempted to amass your loans […]

By |September 4th, 2017|Categories: Debt Consolidation||Comments Off on When Is a Debt Consolidation Loan Feasible?

Why Some Tips On Consolidating Loans Don’t Work

Forget your past money management mistakes; financial freedom is about the future. If you want the tips on how to consolidate loans to work, careful examination of your spending patterns and restructuring your debt obligations must take a 360 degree turn.

Here are factors to consider when choosing which “tips on how to consolidate loans” to […]

By |August 30th, 2017|Categories: Debt Consolidation||Comments Off on Why Some Tips On Consolidating Loans Don’t Work

Should I Consolidate My Debt to Pay Off My Credit Cards?

Debt consolidation helps you combine all your interest rates and multiple debts into one loan that can be set at a lower rate. In other words, you take a new personal loan that comes with one interest rate and one regular repayment.

Example
Let’s say you own four credit cards, each with a different debt between two […]

By |August 21st, 2017|Categories: Debt Consolidation||Comments Off on Should I Consolidate My Debt to Pay Off My Credit Cards?

Should I Get Cash Loan Now With Bad Credit?

Over the years of advising young entrepreneurs in debt, I realized that there is one thing that is stopping them from achieving their financial goals- debt mismanagement. 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 […]

By |August 9th, 2017|Categories: Debt Consolidation||Comments Off on Should I Get Cash Loan Now With Bad Credit?

Does Bad Credit Affect My Chances of Getting a Consolidation Loan?

Many Australians confront with bad credit, according to official data. If you feel troubled by bad rating as well and you’re looking for a viable solution, debt consolidation could be the answer.

Contrary to popular belief, bad credit isn’t a fundamental impediment that would deter you from getting financial relief. Even though most lenders demand a […]

By |July 31st, 2017|Categories: Debt Consolidation||Comments Off on Does Bad Credit Affect My Chances of Getting a Consolidation Loan?

4 Important Factors to Consider When Getting Personal Loans for Bankrupts

Bankruptcy has its own consequences. While it provides relief for borrowers who cannot pay their debts it can negatively affect your finances in a lot of ways.
Here are four important factors to consider when getting personal loans for bankrupts so you can easily navigate your way back to financial stability.
Your credit score

The first step […]

By |July 26th, 2017|Categories: Debt Consolidation||Comments Off on 4 Important Factors to Consider When Getting Personal Loans for Bankrupts

Consolidation Loans: Risks and Benefits

Every Aussie who has coped with debt will agree on this: it can be an emotionally taxing experience. Whether you have an unpaid medical bill, high credit card balances, a mortgage and many other loans, your financial responsibilities can obstruct your capability of living a balanced life. If you feel that you are sinking in […]

By |July 24th, 2017|Categories: Debt Consolidation||Comments Off on Consolidation Loans: Risks and Benefits

Top Features of Reliable Specialist lenders

Getting a loan is not that easy, especially if you are looking for an alternative loan product like a bad credit loan, low doc loan, no-credit check loan and debt consolidation. The same thing applies to home loans, commercial and business loans and other types of alternative loan products.  It also takes time to look […]

By |July 19th, 2017|Categories: Debt Consolidation||Comments Off on Top Features of Reliable Specialist lenders

Borrower’s Guide to Practical No Credit Check Long Term Loans

There are so many reasons why people need to take out loan. And, it’s not hard to understand why people are opting for no credit check long-term loans. Entrepreneurs with bad credit or no credit need capital to fund their startup, especially during its growth or expansion stage. Small businesses need working capital, and when […]

By |July 17th, 2017|Categories: Debt Consolidation||Comments Off on Borrower’s Guide to Practical No Credit Check Long Term Loans

Questions You’ve Had about Consolidating Debt But Haven’t Asked

Debt consolidation is regarded with kind eyes by many Aussies and often described as a solution to all of your problems. Just like the name says, debt consolidation refers to putting all of your debts together, in order to keep track of your payments easier.

In addition, this change will save you money and allow you […]

Are You Falling for these Debt Consolidation Traps?

Do you feel burdened by several credit card debts and other outstanding loans and you think debt consolidation could provide some serious relief?

Debt consolidation is a new loan that allows you to pay off your multiple balances in one monthly payment. It doesn’t erase all your debts, but simply makes it easier for you to […]

How to Pick the Best Loans for People with Bad Credit

Getting a loan when you have a bad credit can be a little tough sometimes because most lenders don’t want to take the risk of not being paid back. But, it is completely possible to get loans even with a bad credit. You just have to make smart financial decisions from now on.

First, know the […]

By |April 20th, 2017|Categories: Debt Consolidation||Comments Off on How to Pick the Best Loans for People with Bad Credit

Debt Consolidation Loans: Quick Fix and Permanent Solution

There’s no easy way to overcome bad debts, but if used wisely debt consolidation loans can quickly tackle them head-on, and put your finances back on the right track.

Bad loans interrupt your life and prevent you from reaching your financial goals. They ruin your credit history, decrease your chance of getting favorable loans and may […]

What is the Best Way to Consolidate Debt this 2017?

The best way to consolidate debt depends on your needs and financial situation. Here are ways to consolidate your debt to ease your financial burden and build your credit score.
Types of debt consolidation
There are two ways to consolidate debt; through a debt consolidation loan or debt settlement consolidation.

Debt Consolidation

The first type is a type of […]

Top Questions to Ask Yourself before Consolidating Your Debt

Debt consolidation is the process that gathers the total amount of your outstanding debts into one single loan. As with any other financial procedures, it may or may not work for you. The key is to know what to look at to ensure that you’ve made the right choice for your personal background. If you’re […]

By |March 2nd, 2017|Categories: Debt Consolidation|Tags: , , , , , , , , , , , |Comments Off on Top Questions to Ask Yourself before Consolidating Your Debt

Debt Consolidation Explained: What Makes It the Right Choice for You

Struggling with many loans and different interest rates involves lots of time and money. So, we are here to offer you the answer to this question: why is debt consolidation a good choice for you?

Debt consolidation means that all your loans combined in a single one. You’ll be able to manage all your finances easier […]

By |January 18th, 2017|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Debt Consolidation Explained: What Makes It the Right Choice for You

Interest Rates, What Do They Mean For Us ?

They’re something you can’t avoid. They’re everywhere and for the most part they affect everything we do. No, i’m not talking about the missus, i’m simply referring to the elephant in the room.

Whats happening at the moment ?

After reaching a record low of just 1.5% in August this year, the reserve bank has remained faithful […]

By |November 8th, 2016|Categories: Debt Consolidation, Interest Rates, Personal Loans, Refinance/Refinancing||Comments Off on Interest Rates, What Do They Mean For Us ?

Holiday Money Saving Tips

With the holidays looming ahead, there is no question that the inaugural family trip is in full planning mode. If you’re stressing about it, don’t worry, we’ve got a simple guide on how to save on the family vacation.

These helpful tips will help to ease the stress on your wallet and make your holiday enjoyable […]

By |October 27th, 2016|Categories: Debt Consolidation, No Credit Check Loans, Personal Loans|Tags: , , , |Comments Off on Holiday Money Saving Tips

How to Manage Your Money like a Millionaire

How do millionaires make their money, especially when they’re so young? And just as important, how on earth do they manage it? What are their secrets, and can we learn from the methods that they apply?

Well, Capgemini Consulting made it a little easier for us with the report in which they reveal young millionaire money […]

By |August 23rd, 2016|Categories: Debt Consolidation, Financial Planning, News|Tags: , , , , , |Comments Off on How to Manage Your Money like a Millionaire

Total Recall: Do you know your consumer rights?

Australia wide reports of weary consumers experiencing Total Recall on a Groundhog Day scale continue pouring in as consumer product safety recalls show little sign of ceasing according to the latest ACCC results announced yesterday. “Recalls have been trending up every year for the last five years” commented Ms Delia Rickard the ACCC Deputy Chair, […]

By |August 2nd, 2016|Categories: Debt Consolidation, News|Tags: , , , , , |Comments Off on Total Recall: Do you know your consumer rights?

Common Budgeting Mistakes to Avoid

Budgeting is always a good idea because this way you can control your financial resources and expenses. But there are a few mistakes that can make a budget go awry. If you don’t want this to happen, make sure you avoid the following ones.
Budgeting Mistakes
Making it too strict

Even though budgeting is not fun at all, […]

By |May 20th, 2016|Categories: Bad Credit Loans, Debt Consolidation|Tags: , , , , , , , |Comments Off on Common Budgeting Mistakes to Avoid

A Savings Plan That Works

A savings plan should be a part of everyone’s life. It is not something you need to consider but something that you need to make a conscious decision on doing and sticking with. Just like everything else that you are serious about you should have a plan on how to do it. With no plan […]

By |May 11th, 2016|Categories: Debt Consolidation|Tags: , , , , , , , , |Comments Off on A Savings Plan That Works

The Importance of Avoiding Bankruptcy

Bankruptcy is that particular legal status of a person, a company or other entity that can no longer repay his or its debts to creditors. Even though some people may affirm that bankruptcy also has a few advantages, the list of disadvantages is definitely much longer. For this reason, you should think of bankruptcy only […]

By |March 10th, 2016|Categories: Debt Consolidation, Debt Management|Tags: , , , , , |Comments Off on The Importance of Avoiding Bankruptcy

Is Debt Consolidation Still a Viable Solution?

Unfortunately for us, over the last few decades, we’ve been raking in a lot of debt. As we all know, the global economy has not been the best these past few years, and that has left people in uncertain financial situations, including multiple debts. Debt consolidation was offered as a solution and for a long […]

By |February 10th, 2016|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Is Debt Consolidation Still a Viable Solution?

Different Home Loans between Different States

About twenty years ago, the average Australian home loan was estimated at the sum of $100,000. Things were different ten years before that when the average home loan was under $40,000. And, at the present moment, the reality shows us different and increasingly higher figures. In order to comprehend the way in which everything changed, […]

By |December 18th, 2015|Categories: Debt Consolidation, Home Loans, Renovation Loans|Tags: , , , , |Comments Off on Different Home Loans between Different States

Ways to Save Money if you’re Unemployed

There are a number of ways to save money especially if you are unemployed. To those who are experiencing the same thing, it is not the end of the world. It may take quite some time before you find another job and the best thing that you can do is to save your last resources […]

By |November 25th, 2015|Categories: Bad Credit Loans, Debt Consolidation, Personal Loans, Short Term Loans|Tags: , , , , , |Comments Off on Ways to Save Money if you’re Unemployed

Why Should You Choose Debt Consolidation?

If you are like one of many Australians with numerous debts, you’ve probably considered debt consolidation. There are quite a few benefits of debt consolidation when you’re facing mounting debts from multiple creditors. Here are the top reasons for consolidating your debt:
You will only have one repayment
When you’re juggling many different repayments – sometimes on […]

By |October 13th, 2015|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Why Should You Choose Debt Consolidation?

Buying Shares from Big Banks Paying Off Well

Buying shares is a form of investment. People do invest because of various reasons. Some do it out of concern for their future while others do it because they have extra cash and they want to put it in an investment. Setting up an investment is easier compared as before. Nowadays, you can invest online […]

By |October 9th, 2015|Categories: Debt Consolidation, Financial Planning|Tags: , , , , , |Comments Off on Buying Shares from Big Banks Paying Off Well

International Money Transfers – Non Banks Offering Better Deals

International money transfers are essential type of service that people use to pay, receive and transfer cash in different parts of the world. It is a method usually administered by major banks, financial institutions and identified as one of the safest ways to transfer money. This procedure involves transferring or wiring money from one bank […]

By |September 24th, 2015|Categories: Bad Credit Loans, Business Loans, Debt Consolidation, Short Term Loans|Tags: , , , |Comments Off on International Money Transfers – Non Banks Offering Better Deals

Life Hacks on Saving Money and Smart Spending Habits

Every day you are bombarded with ways to spend your money economically and you might be frugal at the grocery store but it might not be enough to make a difference. If you want to have enough money saved up to retire comfortably then you will have to think smart and use every life hack […]

By |August 18th, 2015|Categories: Bad Credit Loans, Debt Consolidation|Tags: , , , , |Comments Off on Life Hacks on Saving Money and Smart Spending Habits

Consumers Feeling Greater Financial Pressure due to Higher Costs

Many Australian households are feeling the pinch from higher cost of living and other financial pressures. According to a survey by Choice consumer group, increased cost of living has caused up to 65 percent of Australian households to cut back their spending in order to keep up with rising cost. Some of the biggest financial […]

By |August 11th, 2015|Categories: Bad Credit Loans, Debt Consolidation|Tags: , , , , , |Comments Off on Consumers Feeling Greater Financial Pressure due to Higher Costs

Debt Help – Financial Management in the Farming Industry

Farmers often go into debt to help keep their farms running. Like many other businesses, the farming industry depends on the availability of funds to borrow to get them through tough times and also help them grow when times are good. Just like everyone else, farmers can fall on hard times and have trouble paying […]

By |July 31st, 2015|Categories: Business Loans, Debt Consolidation|Tags: , , , , , , , |Comments Off on Debt Help – Financial Management in the Farming Industry

How to Save Money on Family Holiday Trips

If you’re a full-time worker, going on holiday is the best solution to just get away from it all. But sometimes going on holidays can also be stressful if you don’t have enough money or if you’re worried about spending while you’re on holiday if you’re on a tight budget.

Fear not! If you want to […]

By |July 9th, 2015|Categories: Debt Consolidation, No Credit Check Loans, Personal Loans, Short Term Loans|Tags: , , , |Comments Off on How to Save Money on Family Holiday Trips

Understanding Debt Consolidation and Clearing Misconceptions

Are you in need of debt consolidation? If so, then you might be surprised to find out how hard it can be to get a bank or non-bank institution to give you a loan to get your debt under control. The advertising and publicity around debt services has made the general public and some brokers […]

By |May 20th, 2015|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Understanding Debt Consolidation and Clearing Misconceptions

Credit Card Debt Growing in Australians Aged Between 34 – 54

It is no surprise that Australian consumers between the ages of 34-54 have been cited as the biggest contributor to the near-record Australian national credit card debt. Half of the surveyed group named as Generation X which comprised of 1200 Australians admitted that they made up to three unplanned purchases using their credit cards each […]

By |May 15th, 2015|Categories: Credit Card Consolidation, Debt Consolidation|Tags: , , |Comments Off on Credit Card Debt Growing in Australians Aged Between 34 – 54

Debt consolidation loans and the future of personal finance

Banking is evolving to meet the needs of a more technologically savvy customer base. Non-bank lenders are offering many of the same services as big banks and also offering those services in handy mobile applications on smart phones. Many large institutions are beginning to realize that they must become as fast and available online as […]

By |March 25th, 2015|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Debt consolidation loans and the future of personal finance

Consolidating debt can help you save big

If credit card bills are stacking up and the interest rates are making it impossible to ever think of being clear of debt then it is time to act. Interest rates on credit cards have been stable at a high rate, making a relatively small credit card balance to quickly escalate out of control. If […]

By |March 18th, 2015|Categories: Debt Consolidation|Tags: , , |Comments Off on Consolidating debt can help you save big

Consolidate Debts Into A Home Loan

Australia’s interest rates have decreased drastically and now is the best time in years to consolidate debt or get a loan for a new home or both! Given the interest rate atmosphere and the ease of combining of debt into a new home loan, now is the best time to get all your debts rolled […]

By |March 10th, 2015|Categories: Debt Consolidation, Home Loans|Tags: , |Comments Off on Consolidate Debts Into A Home Loan

Paying off multiple debts: Debt Consolidation vs the Snowball Method

If we had three wishes, one of them would definitely be living without debts. We’d all love to win the Lottery or to possibly inherit a huge sum of money from some distant relative that we’ve never even heard of, just to take care of all those debts.

But real life doesn’t have quick-fixes. As much […]

By |February 18th, 2015|Categories: Debt Consolidation|Tags: |Comments Off on Paying off multiple debts: Debt Consolidation vs the Snowball Method

How can I get out of debt fast?

When the bills are coming in and piling up, the question on anybody’s mind will be “how can I get out of debt fast?” Compounding interest charges can be a nightmare and make the thought of ever getting out of debt seems like a dream. If you want to be able to plan for your […]

By |February 9th, 2015|Categories: Debt Consolidation|Tags: |Comments Off on How can I get out of debt fast?

Quick loans to help you with holiday spendings and bills

Australians are estimated to spend a record amount this holiday season. Australia’s population as a whole will spend $2.072 billion in just three weeks spanning the holiday season. Victorian shoppers will lead the pack, spending $682 million, with New South Wales close behind at $584 million. The majority of consumers will use a credit card […]

By |January 12th, 2015|Categories: Debt Consolidation, Short Term Loans|Tags: |Comments Off on Quick loans to help you with holiday spendings and bills

Getting Savvy For Better Home Loan Rates

Home loan rates vary a lot from bank to bank and also from year to year. Locking in a low rate can significantly lower a home buyers cost over the long term so getting the best rate possible is one of the most important negotiations that a person will ever have to make. There are […]

By |December 29th, 2014|Categories: Debt Consolidation, Home Loans|Tags: , , , |Comments Off on Getting Savvy For Better Home Loan Rates

Debt Consolidation Bad Credit Loans

Unfortunately, many Australians who are overwhelmed by their debts can find themselves missing some of their monthly payments. This is a difficult situation that can lead to an individual building a bad credit rating. This bad situation has the tragic potential of spiraling out of control; you may need more money to be able to […]

By |August 22nd, 2014|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Debt Consolidation Bad Credit Loans

Should I Consider Debt Consolidation?

Consider Debt Consolidation?
A lot of consumers are confused about debt consolidation. Most assume that debt consolidation is only necessary when you’re living pay cheque to pay cheque or you’re facing bankruptcy. The fact of the matter is that anyone can benefit from debt consolidation and they don’t have to be underwater to do so. In fact, taking advantage of debt consolidation before your bills get out of hand can actually prevent further damage to your credit file.
What is Debt Consolidation?
Debt consolidation combines multiple loans and credit cards into a single loan and payment. You do so by applying for a new loan through a debt consolidation specialist and using that loan to pay off your current debts. Then, you repay the single loan to the lender.

Not all debts can be consolidated. Debt consolidation loans are meant for credit cards, some medical expenses, store credit cards and personal loans. Your home loan or business loan cannot be placed into debt consolidation. […]

By |February 14th, 2013|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Should I Consider Debt Consolidation?

Debt Crisis as Housing Market Plummets

Australians attempting to sell their homes are suffering as property values take a nosedive.
Hitting hard particularly in areas of Sydney, a recent investigation has shown that sellers are falling into dire financial situations due to the low property prices and a plummeting housing market. As The Sydney Morning Herald discerned, “plummeting property prices have meant many vendors are confronting negative equity, where they owe more on the property than it is worth.” Many Australians asking what they should do in such a downward trending housing market.

One particular example, of a three bedroom brick-veneer house in St Claire which recently sold in August for $260,000 plummeted 42% from its 2003 sale of $450,000. […]

By |May 24th, 2011|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Debt Crisis as Housing Market Plummets

Unemployment Projected to Rise

The continuing interest rate squeeze and falling share markets, are expected to slice consumer spending habits, which in turn will slow the economy and force an extra 75,000 Australians into unemployment by the middle of next year.
While there has been a small concession for Australian households last week with the Reserve Bank’s first rate cut in 7 years, we are not out of the dark yet it seems. David Uren, the Economics correspondent for The Australian cautions the “Treasury expects the unemployment rate to rise from its recent historic low of 4 per cent to reach 4.75 per cent by the middle of next year.” […]

By |May 24th, 2011|Categories: Debt Consolidation|Tags: , , , |Comments Off on Unemployment Projected to Rise

Reserve Bank Urges Australians to Avoid Panic

Despite the many impending pressures imposed by the Global recession, the Reserve Bank remains optimistic about Australia’s financial future.
Rising unemployment, pricey living costs, increasing household debts; it all seems bad news for Australian household budgets. However the Australian Reserve Bank Governor Glenn Stevens urged consumers to have “quiet confidence” about their financial future. […]

By |May 24th, 2011|Categories: Debt Consolidation|Tags: , , , |Comments Off on Reserve Bank Urges Australians to Avoid Panic

Aussies Spending More on Mobiles than Petrol

Due to the aftershocks of the global financial crisis, this year has seen spending trends change as people have had to make lifestyle changes to protect their finances. Now more than ever, reviewing your spending patterns and considering debt consolidation are crucial for effectively managing your finances.
Mobile phones have used a larger percentage of the household budget than petrol. Spending on food, electricity, gas and water have increased as part of the changing patterns of consumption.

[…]

By |May 23rd, 2011|Categories: Debt Consolidation|Tags: , |Comments Off on Aussies Spending More on Mobiles than Petrol

Consolidate Now to Have a Stress Free Christmas

We know it makes sense to save throughout the year for annual spending events such as the Christmas season; however year after year so many of us continue to blow our budget and then spend the following months trying to pay off credit cards and the accumulated interest.

According to the Australian Bureau of Statistics, last Christmas we spent $18 billion at retailers, including $70 million on stuffed toys, $54 million on dolls, $659 million on video games, $10 million on Christmas tree lighting and $63 million on other Christmas goods.

Preparation is the key to a financially stress-free Christmas. Make a list of everyone you need to buy for and write down a limit for each of them. Once you know your total cost you can calculate what you are going to save over the coming three weeks to be able to afford it. Make sure you take your list shopping with you and stick to your limits.
[…]

By |May 20th, 2011|Categories: Debt Consolidation|Tags: , , , |Comments Off on Consolidate Now to Have a Stress Free Christmas

Attack on Debts

Some businesses have launched a Christmas crackdown on overdue bill payers.  They have been hiring squads of debt collectors to recover cash from debtors before it will be spent on Christmas celebrations.

Strict new rules for banks mean that many firms have to meet quarterly revenue targets to retain loans, which means that this has forced them to chase debts more aggressively.

Debt collection agencies have reported a big rise in firms targeting pre-Christmas pay packets.  One debt agency has claimed that their business is up by 30% on this time last year.
[…]

By |May 20th, 2011|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Attack on Debts

Consolidate Debts Now

It’s the perfect time right now to make your way out of debt and to follow through on that popular New Year’s resolution – ‘to get ahead financially!’ However, in spite of the Reserve Bank’s respite on raising interest rates in January, and the sharp fall in the number of Australians taking out home loans, economists predict Australians can still expect at least two more rate rises during 2010.

Debt consolidation is the process of tackling multiple debts by merging all existing debts into a single loan with a lower interest rate. As you only pay one monthly instalment rather than several, the interest rate will be lower as it’s charged on a single debt instead of many; thereby reducing immediate monthly repayments. […]

By |May 20th, 2011|Categories: Debt Consolidation|Tags: , , |Comments Off on Consolidate Debts Now

Maximum LVR Increased Opens Doors for Consumers

Great news for Homeowners who are seeking loans but have a lot of equity tied up in their mortgage. Three large Australian lenders have decided on extending their maximum LVR, loan to value ratio, up to 95%.

In other words, some lenders will provide funds for consumers that will only hold 5% of the equity in their mortgage. This opens up a new market for the newly mortgage holders or those that have recently refinanced to use their home to free up additional funding that would not have been available for a few years.

[…]

By |May 20th, 2011|Categories: Debt Consolidation|Tags: , , |Comments Off on Maximum LVR Increased Opens Doors for Consumers

Debt Consolidation: Is it time for you to save?

Are you struggling to get to sleep at night, worrying about financial stresses? Maybe its time to consider Debt Consolidation as your solution.
The cost of living in Australia is soaring, from groceries to petrol prices everything is going up. This coupled with the high mortgage interest rates, means more households are beginning to struggle financially.
When mortgage repayments are stretching people to their financial limits, and a simple carton of milk and a loaf of bread are becoming even less affordable, it is easy to fall into debt. Many end up maxing out credit cards and taking out personal loans just to meet everyday expenses. As Mel and Kochie discussed recently on Sunrise, “A new study shows a growing number of Australians (especially those with children) are relying on credit cards to make ends meet.”
[…]

By |May 12th, 2011|Categories: Debt Consolidation||Comments Off on Debt Consolidation: Is it time for you to save?

Bankstown Coal Mine for Nation’s Housing Stress

It is becoming increasingly apparent that home repossessions are at an all time high. The centre of this mortgage crisis, fuelled by interest rates and rising living costs, is hitting hardest in the Bankstown area of NSW.
The Federal MP for the area, Jason Clare, is drawing attention to the increasing problem. Within Bankstown, over 600 families have had their homes repossessed in the last two years. As he asserted recently “The terrifying information we’re getting from the Sheriff’s Office is that repossessions have doubled in the last six months and instead of repossessing five houses a week, they’re now repossessing three houses a day”. […]

By |May 12th, 2011|Categories: Debt Consolidation|Tags: , |Comments Off on Bankstown Coal Mine for Nation’s Housing Stress

Sub-Prime Crisis Heralds New Age of Debt

The Sub-Prime crisis is sending the international property market into recession, with property values falling significantly. However surprisingly, the Australian property market continues to rise. How long until Australia follows suit?
Australian property prices compared with income levels are the highest in the world. Our endless mortgage repayments continue, reflecting this dire need to fulfil the Great Australian Dream of owning our own property. Although as interest rates continue to rapidly ascend, we may be heading towards a crash.
[…]

By |May 12th, 2011|Categories: Debt Consolidation|Tags: , , , |Comments Off on Sub-Prime Crisis Heralds New Age of Debt

Get Financial Affairs in Order

It’s the perfect time right now to make your way out of debt and to follow through on that popular New Year’s resolution – ‘to get ahead financially!’ However, in spite of the Reserve Bank’s respite on raising interest rates in January, and the sharp fall in the number of Australians taking out home loans, […]

By |February 16th, 2010|Categories: Debt Consolidation, Personal Loans|Tags: |Comments Off on Get Financial Affairs in Order

Why Consolidate Debt?

For people who are suffering with financial stress, a loan for debt consolidation may be the perfect solution.  A debt consolidation loan can offer the financial help required and also prevent serious situations like bankruptcy, lost assets and garnishments.

Australian Lending Centre offers a variety of plans to help you combine your debts into a single […]

By |December 17th, 2009|Categories: Debt Consolidation|Tags: , , , , , , |Comments Off on Why Consolidate Debt?

Why Would I Take Out a Debt Consolidation Loan

Debt consolidation is a route to consider, if you have accumulated a large amount of debt and you’re starting to wonder how you will pay your bills. Anyone in this situation, struggling to pay bills with multiple debts knows how difficult it is to manage everything seamlessly, and missed payments will result in penalty charges.

If […]

By |February 26th, 2009|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Why Would I Take Out a Debt Consolidation Loan