interest rates

Quick Loan Myths Everyone Should Stop Believing

If we are honest, the Australian quick loan industry has negative perceptions surrounding it. There are numerous myths and misconceptions due to some lenders that employed unethical lending practices. As a result, a range of untruthful perceptions has emerged. Still, you should know there are always two sides to every story.
1. Quick Loans Are Schemes […]

By |January 7th, 2019|Categories: Debt Consolidation, Personal Loans, Short Term Loans|Tags: , , |Comments Off on Quick Loan Myths Everyone Should Stop Believing

How Are Interest Rates Made? 3 Factors That Increase Loan Interest Rates

Aside from your credit score, did you know lenders sometimes determine interest rate levels depending on the supply and demand of credit? Or that you might be able to get lower interest rates by applying for the same loan in another financing company? In fact, these could be some of the strongest factors that lenders […]

By |June 22nd, 2017|Categories: News|Tags: |Comments Off on How Are Interest Rates Made? 3 Factors That Increase Loan Interest Rates

Business Loans Rate Increase with Mortgage Rates

There was a recent rise in the business loan rates and hence as expected there will be a parallel rise in mortgage interest rates. According to market economists the increase in the interest rates will be felt as early as a month after the announcement of the increase in business loan rates.

The interest rates are […]

By |April 25th, 2016|Categories: Business Loans|Tags: , , , , |Comments Off on Business Loans Rate Increase with Mortgage Rates

Are You a Victim of High Mortgage Interest Rates?

In recent years, many of us became victims of high mortgage interest rates without even realising. This problem affects mostly the home loans because their term is the longest. But how can you know if you are in such a situation, too?
High Mortgage Interest Rates – Are you a victim?
Verify your current loan

In the case […]

By |February 26th, 2016|Categories: Home Loans, Interest Rates|Tags: , , , |Comments Off on Are You a Victim of High Mortgage Interest Rates?

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

Home Loans – Do’s And Don’ts

Finding suitable home loans for your needs is a tedious task. A lot of people say that purchasing the house you want to live in will be you single greatest expenditure. So it is important, especially to future lenders that they are well prepared in entering in to this kind of. No one likes getting rejected, especially […]

By |June 25th, 2015|Categories: Home Loans|Tags: , , , , |Comments Off on Home Loans – Do’s And Don’ts

4 Reasons Why the Australian Reserve Bank has not Cut Interest Rates Last Time

Australian Reserve Bank has not Cut Interest Rates
The Reserve Bank of Australia (RBA) has slashed interest rates to 3%, a record low, in November 2011. For the last 15 months, it has refused to increase or further cut it. The central bank has decided to leave the rates unchanged during its first policy meeting for this year, which was held in the first week of February. As it seems, the monetary policy of the country keeps the mode on a wait-and-see program.

Interest rates were last trimmed down to help spur possible growth after the then decade-long mining boom had indicated clear signs of losing its momentum. The economy somehow slowed in the entire 2012 because export demand for raw materials coming from the country eased.

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By |February 27th, 2013|Categories: Interest Rates|Tags: , , , , |Comments Off on 4 Reasons Why the Australian Reserve Bank has not Cut Interest Rates Last Time

4 Things to Do to Avoid Defaulting on Your Mortgage Repayment

If you have a current mortgage and you suddenly lost your job or your source of income, you surely are in trouble. Aside from making ends meet for your daily necessities, you have to find ways to continue repaying your home loan. That will be a big challenge especially if you are certain you cannot afford to shoulder your monthly mortgage repayment anymore.

It is a must to avoid falling into a default. Aside from possibly being evicted from your own home, you will not like its long-term effect on your credit history. Try to prevent it from happening. Here are four effective ways to do so. […]

By |October 16th, 2012|Categories: Home Loans|Tags: , , , , |Comments Off on 4 Things to Do to Avoid Defaulting on Your Mortgage Repayment

5 Ways to Increase Your Chance to Get a Loan Approved if You have Bad Credit

It will surely be more difficult for you to obtain a loan if you are suffering from bad credit. As you explore your options, you will realise that your choices are limited. Borrowing can also get more expensive. Do you need to get a loan? Do your homework and start searching for bad credit loan products.
These days, it can still be possible for people with poor credit to get approval for their loan applications. Here are five ways that can help you increase your chance of obtaining a loan approval despite your poor credit score.
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By |August 6th, 2012|Categories: Bad Credit Loans|Tags: , , , , , , |Comments Off on 5 Ways to Increase Your Chance to Get a Loan Approved if You have Bad Credit

How Can Financial Distress Impact Your Health

The stress caused by the economic downturns and financial shortcomings can literally make you sick. This is quite logical. In the recent global economic downturn, many evidences were recorded linking financial distress to various health conditions. That link is not surprising.

In 2005, a research was conducted in the US to identify possible health implications of financial distress. That study explored specific health effects that are often and logically associated with financial problems. It surveyed random individuals from across the country.

The results showed that there are various perceived possible effects of financial stress on both physical and mental health. Financial problems and poor health are associated. Stress is the main health impact of job loss, piling debts, loan defaults, and budget shortages. From there, many other health conditions can possibly ensue. […]

By |June 27th, 2012|Categories: Financial Planning|Tags: , , , , , |Comments Off on How Can Financial Distress Impact Your Health