credit card consolidation

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 […]

Australia’s Credit Card Debt – What to Know

Australian consumers are now more cautious about their spending. They are now more inclined to increase their savings and clean up their credit card debts. This observation is according to financial experts from Bendigo & Adelaide Bank. They added that local households are now aiming to put their finances in better order due to the uncertainty about global economy especially after recent reports about credit woes in the US.
Australia’s credit card debt is proving to be interesting and conflicting.
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By |August 19th, 2011|Categories: Credit Card Consolidation|Tags: , , , , , |Comments Off on Australia’s Credit Card Debt – What to Know

Australian Credit Card Debt has Risen

Australia’s debt on credit cards has risen to record levels this year. However, the amount of repayments aimed at reducing credit card debt has drastically fallen.
While facing rising unemployment and a looming recession, Australians cut back on their credit card repayments by 7.1% in February. Australian credit card debt grew by 1.7% to a record $45.4 billion, equating to an average debt of $3,149 for every cardholder in the country. […]

By |May 23rd, 2011|Categories: Credit Card Consolidation|Tags: , , , , , |Comments Off on Australian Credit Card Debt has Risen

Australian Credit Card Figures Increasing Higher Than Ever

The total value of credit card and charge card transactions, including cash advances, rose by 9.6% in March this year. Australians spent $18.78 billion on their credit cards and charge cards in March, up from $17.13 billion the previous month.
In February total credit card and charge card balances outstanding fell by 1% to $44.358 billion, from $44.799 billion. The value of cash advances on credit cards and charge cards increased by 7.4% to $1.034 billion in March, from $963 million in February. The number of credit card and charge card accounts increased by 11,000 in March, while the number of purchases using credit cards rose by 13.3%.

Total credit card and charge card balances outstanding rose by 4.3% over the past 12 months, compared with an average of 12.6% over the preceding five years.

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By |May 23rd, 2011|Categories: Credit Card Consolidation|Tags: , , , , , |Comments Off on Australian Credit Card Figures Increasing Higher Than Ever

Eliminate Your Credit Card Debt

When you are in over your head with credit card debt, relief can seem unreachable. It can feel as though you are working as hard as you can just to make the minimum repayments. If you are serious about getting out of credit card debt, then follow these steps to be on your way to […]

By |May 23rd, 2011|Categories: Credit Card Consolidation|Tags: , , |Comments Off on Eliminate Your Credit Card Debt

Goodbye to Plastic Credit Cards

The Banks are getting in on the green act. Be on the look out for the launch of biodegradable credit cards. Virgin Money has announced that they will be launching a credit card that is literally green, both in colour and biodegradable materials.
I’m sure your thinking, if only they made the credit card debt dissolvable too.

There are now new and innovative ways to improve your debt problems. If you are struggling to make your debt repayments, then read on to find out how we can help dissolve credit card debt, along with other debts.

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By |May 23rd, 2011|Categories: Credit Card Consolidation|Tags: , , , |Comments Off on Goodbye to Plastic Credit Cards

Australians Credit Habits Change

Australians have been shifting from credit cards to debit cards when making purchases showing changing credit habits. The value of purchases and cash advances on credit and charge cards fell to $18.8 billion, 1.5% less in August than July.
However Australians are also expected to increase overall credit card debt as they become more confident about the economic recovery. This is evident as the total EFTPOS purchases and cash withdrawals rose 2.1% in the month of August.

This new trend is a positive movement, however some Australians continue to struggle to repay their debts, and one in five of those say that they are likely to apply for more credit in the upcoming months to Christmas. […]

By |May 23rd, 2011|Categories: Debt Management|Tags: , , , , |Comments Off on Australians Credit Habits Change

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

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