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Short Term Loans Fast Loans

How Can I Get A Personal Loan Fast?

There are times when we need a loan straight away and don’t have time to wait. Whether you have found yourself in an accident and unable to afford the hospital bills, or trying to pay your child’s school fees which are overdue, you need cash in your hands as quickly as possible.

Yet taking out a loan is a time-consuming process and then you have to sit back and wait to see if you’re approved. This leaves you asking yourself, how can I get a personal loan fast?

How Can I Get A Personal Loan Fast?

Are you asking yourself, how can I get a personal loan fast? The good news is there’s an option for you. Cash advance loans have been designed for this exact reason, and are a type of quick loan that sees the money in your account as soon as possible.

A cash advance can be used for a number of different things:

  • Medical expenses: whether you find yourself in an accident or fall ill and accumulate medical bills, a quick loan can be just what you need to get yourself back on your feet.
  • Car repairs: accidents happen to the best of us, but paying for repairs can be a costly endeavour. Fast access to a loan can get your car back onto the road even faster.
  • Holidays: who doesn’t want to head off on a holiday? They can take a while to save up for and you can miss out on a great deal while waiting. Taking out a loan can get you on that plane even faster.
  • Home repairs: owning your own home is great, but it can be costly. Why is it that there’s always something that needs to be fixed? A quick cash loan can cover you just when you need it.
  • Unexpected bills: unexpected expenses crop up all the time. Let’s face it, life is unpredictable and we can’t plan for everything. Having access to cash when you need it can make all the difference.
fast loan

If you’re asking yourself, how can I get a personal loan fast? This is one of the best options out there. They give you the cash injection you need to cover your expenses, to get you back on your feet and keep you out of debt. Let’s take a look at exactly how they work.

How Can I Get A Personal Loan Fast With A Cash Advance?

Are you wondering, how can I get a personal loan fast? A cash advance is the best option for you, with none of the waiting around to get approved. Instead, you have access to the funds as quickly as possible.

Cash advance loans are also known as short-term loans – but even better, they come without all the paperwork, so you get approved fast. These types of loans are usually offered by your credit card provider, so you’re borrowing money against your line of credit. You can take one out in a few different ways:

  • ATM: take money out of the machine. As long as you have the PIN on your card, this is an easy process.
  • In-person: you can head to the bank and speak to a teller about taking out a cash advance.

It’s an easy way to get access to instant cash when you need it. If you need cash quickly, you don’t have the time to sit around and wait for approval. This short-term loan doesn’t require a credit check, making it quick and easy to process.

fast personal loan

Pros and Cons With A Cash Advance

Now you know, how can I get a personal loan fast? What are the pros and cons of taking out a cash advance?

Pros:

  • Fast access to cash
  • Little to no paperwork
  • No waiting times for approval

Cons:

  • Hefty fees
  • Limit on the amount of money you have access to

You want to weigh up both the pros and the cons before taking out a cash advance, to make sure it really is the best option for you. They can be an expensive way to borrow money, with their high interest rates, but they are also convenient and give you access to the cash you need when you need it. If you’re after a flexible loan option with fast access to cash, then this is your best option.

get a loan fast

Taking Out A Cash Advance

Are you in need of cash fast? Then get in contact with the Australian Lending Centre right away. We understand your needs and don’t care about your credit score – we look at other factors when evaluating your application. Don’t sit around and wait for long, drawn-out approval from the banks. With the Australian Lending Centre, you could borrow up to $500,000 and have the money with you within hours. Contact us here today.

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Bad Credit Loans Personal Loans

Personal Loans For People With Bad Credit History

Is your personal credit history less than ideal? You’re not alone. Bad credit can happen to anyone. There are times when bad credit may not be your fault – like dodgy housemates who skipped paying rent or a bill you never received. Bad credit can make it challenging to apply for loans, even smaller personal loans. At the Australian Lending Centre, we offer judgement-free solutions and personal loans for people with bad credit history. 

What Causes Bad Credit History?

Bad credit history occurs due to any number of factors, the most common causes are:

  • Not adhering to your credit agreements. Late payments, missed payments or not paying the minimum required each month impacts your credit rating. 
  • Declaring bankruptcy. A declaration of bankruptcy frees you of your financial obligations on outstanding loans and lines of credit. However, it significantly impacts your credit history, often prohibiting you from borrowing for a number of years. 
  • Only paying the minimum required each month. Clearing debt fast can help keep your credit rating on track.
  • Identity theft. If you feel that there’s a mistake in your credit history, it could be due to identity theft. Always closely monitor your accounts and immediately flag suspicious activity with your bank or lender. 
  • Choosing the wrong credit product. Choosing excessive limits with high interest can mean you’ll never get on top of the loan. Always research before taking out a line of credit or loan and ensure you can service it properly. 
  • Having no credit history. Even if you have never borrowed money or defaulted on repayments your score may be low. This is simply because there is no history to rate your borrowing behaviour off. 
personal loans bad credit

How Do I Know If I Have Bad Credit History?

Applied for a loan and had it knocked back? Check the feedback and the reason should be indicated. If not, check with the lender. The likelihood is that you either have bad credit or not enough income to service the loan amount. Personal loans for people with bad credit history can be extremely costly and hard to obtain. Therefore, it is best to fix the root of the problem.

If you’re concerned that you may have a bad credit rating, it is possible to check this prior to applying for a loan. Your Credit score can be checked online for free here. You can also go into greater depth by checking what listings are dragging your credit file down.

We recommend speaking to Clean Credit who can talk you through your credit file. Clean Credit are credit repair specialists, capable of improving your credit rating. By engaging with a credit specialist, you can not only check your credit history but also improve it.

bad credit history personal loans

What Kind Of Personal Loans For People With Bad Credit History Are There?

Even if you have a bad credit rating, there are personal loans for people with bad credit history. However, you may need to look a little harder to find one that is suitable. You will also need to do your research to ensure you do not get taken advantage of by loan sharks. This can plunge you further into debt. 

There are many reasons to take out a personal loan. A new car, renovations, holidays or even to consolidate and pay down existing debt. As applying for a loan (and getting knocked back) can further damage your credit score, it is best to engage the help of a professional who can assess your eligibility prior to applying. 

The kind of loan you will be offered will depend on your particular circumstances. 

  • Secured bad credit personal loans. These loans are taken out against an asset that you offer as security. Something like your home or car. 
  • Unsecured bad credit personal loans. If you do not have an asset to offer as surety, there may still be a solution for you. The experts at the Australian Lending Centre can help.

Loans taken out with bad credit history will often incur higher interest rates. This is due to you being viewed as high-risk. You will also find that there are limitations to the amount you are able to borrow. Banks are risk-averse and usually unwilling to lend to those with bad credit history. By using a private lending specialist, personal loans for people with a bad credit history are much easier to source. Australian Lending Centre specialise in finding you the right loan product –  within as little as 24 hours.

personal loans

Don’t Let Bad Credit Hold You Back

Avoid bank barriers and loan scams. Take charge of your credit history and secure the loan you need to move on with your life. Personal loans for people with bad credit history are possible with careful planning and support. Let the Australian Lending Centre help you to get your finances on track here

Our commitment is to helping you find solutions and ensuring you are empowered to make more informed choices moving forward. If you need help to assess your credit or apply for a personal loan with bad credit history, contact the Australian Lending Centre today on 1300 138 188.

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Personal Loans

Questions to Ask When Applying for a Personal Loan

Whether you want to go on a holiday, pay for medical bills, buy a new car or renovate your home, a personal loan can help you achieve whatever your goals are. Before you jump right into a fast loan application, it is important to ask the right questions. We’ve mustered up a list of some key questions to ask when applying for a personal loan.

Here are 4 questions for those considering personal loans

Is it the right loan for me?

People use personal loans for various reasons. Before you apply for one, determine whether or not a personal loan is the right loan option. Some of the main uses of a personal loan include;

  • Paying off medical bills
  • Car repairs
  • Home renovations
  • Wedding
  • Debt consolidation.

Compare loan products and make sure that your choice can serve your needs better. For instance, you could take out a debt consolidation loan instead of a personal loan to pay off your existing debts. If you want to renovate your home, you can tap into your home equity and possibly get a better rate than a personal loan. Research is therefore key.

What is my borrowing capacity?

One of the first questions to ask when applying for a personal loan is how much can you borrow. As with any loan, there is a borrowing capacity for each individual. Whilst personal loans are typically smaller in size, in comparison to a home or business loan, there is still a limit as to how much someone can afford to borrow personally. This limit will depend on various factors including income, expenses, debt, residency status and credit score.

So, before you rush into applying for a personal loan, you should consider establishing a budget. Determine how much you can afford to borrow by looking at your income and expenses. Use this handy online calculator to quickly create a budget plan.

Am I choosing the right lender?

There are many financing sources that offer personal loans and each source has its own range of interest rates, and terms vary. Find the best lender that fits your needs by shopping around.

Here are some tips in finding the right lender:

  • Start by asking someone close to you that has recently secured a personal loan. See if they can recommend their financing institution. You can also ask a financial adviser, to give you a shortlist of referrals.
  • Visit your lender’s website and investigate their offerings for details. At the Australian Lending Centre, we have loan experts online to tell you about the basic things you need to know about our loan products. We believe that advertising is glittery; so we will help you look beyond the advertisement and find out about eligibility requirements, fees, and other features of our personal loan product. Don’t be afraid to enquire online. We’ll explain to you the best options available, without placing a credit enquiry on your credit file.

Finding the right lender can help you get the most favorable loans to finance your needs. Remember that personal loan lenders not only originate, process, approve and close your loan application but also participate in one of the most important financial decisions you will make.

What are the terms of the loan?

Look into your obligations whenever you apply for a loan. Always read the fine print and ask for a full disclosure of the terms of the loan before you sign it. Don’t forget to ask about the monthly payment, the term of repayment, late fees and penalties for prepayment. When the lender offers lower interest rates, check on the origination fee that can eventually hike your interest rate.

What are the fees associated with a personal loan?

Find a lender that is transparent with their loan services. Make sure to look out for the establishment fee, servicing fee, early exit, early repayment and insurance fees. The last thing that you want is one of these hidden fees appearing in the fine terms of the terms and conditions. Take the time to consider these fees when assessing your personal loan options.

Are there different types of personal loans?

Personal loans can come in two main forms; secured or unsecured. The type of personal loan that you are offered will vary depending on each individuals personal circumstances and eligibility criteria. A secured personal loan is one that is guaranteed by an asset. The idea behind this is that if you default on your loan, the lender can take the asset if you default on the loan. Collateral can include anything from real estate property, motor vehicles or other property. This will vary depending on the lender.

What is my credit score and can it impact my chances of loan approval?

When was the last time you checked your credit score? Do you even know what a credit score is? If your answer to both questions is known, then you really need to quickly learn all about this. With lenders now stricter than ever, your credit score can directly influence your chances of being approved for a loan. Lenders will look at your credit file to assess whether or not you are capable of repaying a personal loan back. With the comprehensive reporting system in place, lenders can also look at your repayment history to see if there are late repayments. All this along with defaults, blackmarks and court judgments can be assessed by a lender.

Checking your credit score is, therefore, one of the most important things to do before you apply for a personal loan. Fortunately, you can access this online through credit reporting bodies such as Equifax, Ilion and Experian. At the same time, you can have a credit specialist assess your credit file for a small fee. Repair agencies such as Clean Credit offer a comprehensive analysis of your credit file.

How often can I make repayments on my personal loan?

One of the more important questions to ask when applying for a personal loan is how often can you make repayments. Depending on the lender, you have various choices of repayments. Whilst traditional lenders such as banks are typically stricter with their repayment policies, alternative lenders are not. Lenders such as Australian Lending Centre and Bad Credit Loans offer customers weekly, fortnightly or monthly repayment terms. So, before you apply consider how you will be making payments. If for example, you are paid on a monthly basis, it may be more convenient to make monthly payments. In this case, find a suitable lender.

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Personal Loans

What To Do When You Can’t Make a Personal Loan Payment

When you have large outstanding debt, this could make it challenging for you to make timely repayments. And when you miss a payment, it is just a matter of time until you miss another one, and you enter a vicious cycle. Learn what to do when you can’t make a personal loan payment.

What can you do when you can’t make a personal loan payment?

Talk to Your Lender

For starters, you should consider discussing with your loan provider – whether it is a bank or a credit union, this should be the first thing on your list. Believe it or not, it is not that uncommon for people to struggle with making repayments. This can happen due to numerous reasons: it might be because of a large outstanding debt, or due to an unexpected life event, such as an illness, divorce, or natural catastrophe.

So, you should approach your lender and be utterly upfront regarding your situation. Truth be told, being transparent is critical. You shouldn’t feel ashamed to tell your lender that you’re struggling financially.

Negotiate for a Lower Interest Rate

Moving on, when you approach your lender, you should aim at negotiating for a lower interest rate. This could be really beneficial in aiding you to budget your finances more efficiently. You should assess the repayment amount you could cope with – perhaps the lender would be willing to make the arrangements to fit your individual needs.

Outline the fact that you wish to honour your outstanding debt, and the only way in which you can do that is if the monthly repayment were to be reduced. You might be required to write a letter of financial hardship, which should minutely present the reasons that caused your financial hardship. This letter should include the facts – such as job loss, divorce, illness, or other factors that determined your inability to make payments.

Nonetheless, try to keep the letter as to the point as possible. You should be upfront, yet not overly emotional, since this doesn’t portray you in the right light.

Consider Refinancing

In the case in which your current lender isn’t open to lower your interest rate, or to make the repayment plan more flexible so that it meets your needs, don’t give up. Another option might be collaborating with other providers of personal loans. This applies especially if you’re paying way too much in interest costs. This could be the case especially if you got the personal loan a while ago when loan terms were far from being convenient.

Refinancing is definitely worth considering, in this respect. Apply for a loan that would give you the funds to cover for the remaining amount on your personal loans. As soon as your application is accepted, you can use that money to pay for your existing debt.

Bear in mind..

Refinancing still means that you have the same amount of debt. The only difference is that you could save money in interest rate costs. At the same time, you could benefit from loan terms that are more suitable to your existing financial situation.

The key to knowing, for sure, that you’re actually getting a better deal is to research. Always compare various personal loans provided by distinct lenders. Australian Lending Centre can help in this respect, as well – make sure you check our website to find out more about our comprehensive offer of personal loans.

So, should you consider refinancing or not? The suitability of refinancing truly depends on your given circumstances. Ideally, you should assess how much your current personal loans are costing you, and compare that to the sum of money you’d pay for a new loan. Still, don’t forget to include one-time fees and other penalties that may apply in some scenarios. As a rule of thumb, don’t overlook reading the fine print of the loan terms, to know what you’re agreeing to.

Consider Credit Counselling

If you can’t make a personal loan payment, then it is likely that you also cannot afford to get help in the form of another loan. Perhaps getting credit counselling might guide you in the right direction.

Having an outside perspective can change everything. Counsellors are used to helping people that cope with the most difficult financial problems. Make sure you pick a counsellor that is truly reputable and willing to help – as opposed to someone that is trying to sell you something or to convince you to get another loan.

To conclude, it’s critical to comprehend your financial situation and avoid getting additional debt, if it’s possible. The key to making smart financial decisions is being aware how much money you make, and how much money you spend, and what you can do to change things for the better. Change doesn’t happen overnight, but, with a little bit of perseverance and ambition, anything is possible.

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Personal Loans Business Loans Financial Planning Short Term Loans

Top Methods of Getting Personal Loans from Private Lenders

Every individual or family may need personal loans from time to time. It may be for various reasons: the car broke down, the house needs some renovations, or their daughter is planning to get married in Spring. Regardless of the reason, money is needed as fast as possible.

The problem is that options such as credit card debt or bank loans aren’t always available. Once more, reasons may vary. It may be because you built up too much bad credit or you have no collateral to attach to the loan.

In these cases, a personal loan from a private lender may look like a very good option. They are fast, easy to access, and may overall improve your financial situation. And this article will tell you the top methods of getting a personal loan from a private lender.

#1: Figure Out If a Private Personal Loan is Your Best Option

Before going for personal loans, you need to learn the difference between public lenders and private ones. For one, private lenders aren’t banks, credit unions or financial institutions. They are simply individuals (or companies) with no attachments to a certain institution that lends money to other people. Those who receive a loan from a private lender usually have a certain relationship based on trust.

A personal loan taken from a private lender is different from other types of private loans, in the sense that you don’t need to specify why you need a loan. On the other hand, public lenders will categorise the loan based on your needs: student loans, car loans, mortgage loans, etc.

Keep in mind that personal loans are very different from payday loans. A payday loan will have to be paid very fast – usually within the first two weeks – and they carry a very high interest rate. A private personal loan will have a longer time frame and a lower interest rate – but will still be higher than the one offered by a bank.

There are also risks to personal loans from private lenders, such as shorter payback periods or costly fees. Most will require collateral to secure the loan. If by any chance, you find yourself unable to pay the loan, the lender will be entitled to sell that property to get his money back.

#2: Consider the Alternatives

The most important part of getting a personal loan from a private lender is knowing that there are other options aside from them. If the return of your purchase makes your loan worthwhile, then getting personal loans from a private lender might not be such a bad idea.

Still, before going for a personal loan, you may want to check whether you can use cash to fund that purchase or not (or at least some of it). This may reduce the costs in interest, resulting in a much smaller loan.

You may also want to evaluate all your alternatives. Consider opening a line of credit, or getting a public student loan. If the interest rate is more beneficial for you, there’s no reason for you to take out personal loans. Only do so once you’ve burned out all the other options and know for sure this is your best opportunity.

#3: Access Your Options for Personal Loans

When opting for personal loans from a private lender, you need to do your research on the options that they provide. You may want to focus on lenders that are accredited or have been approved by the government.

You can go for individual lenders or companies. Browse through your options, and see which one is a better way to start. After learning of all the options, you may settle on the one you believe is more convenient for you.

You should also try contacting your family, friends, or business acquaintances. They may be able to offer you a personal loan quickly, with a smaller interest rate. Still, you may want to make sure that there is also a written agreement next to your verbal one. And you should keep in mind that failure to repay this loan can result in damaging your relationship with your lender.

Once you have explored all of your options, collect all the documentation that you need. You need to appear as creditworthy as you can. Show your income sources, your savings, or any physical assets that you use to secure your debt.

Final Thoughts

Personal loans from private lenders can be tricky to deal with – but they are also convenient if bank loans are not an option for you. All you need to do is research your options and come up with a convenient provider. Contact us for a free assessment that has no effect on your credit file and get one step closer to a suitable personal loan.

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Personal Loans

Does Getting a Personal Loan Affect Your Credit Score?

Personal loans can have a negative impact on your credit score if you fail to repay them on time. Just like it is the case with types of loans, if you’re failing to make monthly repayments, then your credit score deteriorates. But does getting a personal loan affect your credit score?

Problems can start to appear when you’re trying to get a home loan and financial institutions dismiss your application. On the other hand, taking personal loans can actually help your credit score if you’ve never applied for a loan, or dealt with banks up until now. An absent credit score doesn’t mean you have a good credit score. It means that financial institution will be sceptical about you, due to not having any type of information regarding your income or taxes.

Let’s take a look at the impact that personal loans can have on your credit score. Also, let’s see why and how we can address this situation.

How Can Personal Loans Improve Your Credit Score?

  • Just by taking a loan, you start to build up your credit score
  • Paying back the loan proves that you are a worthy and valuable borrower
  • Repaying the loan even faster than the due time shows that your finances are doing great
  • Never skipping payments is a sign that you haven’t taken more than you can afford
  • An active credit history will get you extra points on your credit score
  • Maintaining your account open, even after you’ve settled your debt shows you are a loyal client
  • Personal loans registered on your name reveal that you are mature and Thus, you’ll receive another couple of points on your credit score.
  • The fact that you’ve taken and repaid a personal debt makes you eligible for a home loan, or car loan if the need arises.

How Can Personal Loans Lower Your Credit Score?

  • Failing to make regular payments for your loan will bring you a bad credit score
  • Co-signing on someone else’s loan can affect your credit score as well, for the better or for the worse, depending on whether that loan was paid on time or not
  • Payment defaults and overdue bills do not reflect well on your credit score
  • Refused personal application loans will make it harder for you to get a loan in the future
  • Taking personal loans without first calculating how much you afford to pay each month will not benefit you in the long run
  • Having no sort of credit history also means having a zero credit score, which again, is not good
  • Paying a personal loan 60 days after the due time will lower your credit score greatly
  • Increasing the usage of your personal loan by more than 30% is not recommended.

Personal loans can affect your credit score for the better or lower it up to the point where we’re no longer eligible to apply for a home loan with fixed interest rates or different features that we may like. Keeping your credit score balanced can be done so always try to make regular payments.

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News

Cash Advance vs. Personal loans: Which is better?

For many individuals, a “cash” advance is an essential way to finance their emergent needs like hospitalization, wedding and car repair. However, it is not easy to obtain funding especially if you have bad credit. In fact, if you have maxed out your existing credit cards, it is almost impossible to get a new bank card or credit card that offers cash advances. Making a cash advance may also cost you an interest rate which may range from 20-30%. That’s a very costly way of borrowing money! Cash advance vs Personal loans, which is better?

What about personal loans?

Lenders often use the credit reports in determining a loan applicant’s credibility. Poor credit history can get your application rejected. But, what traditional lenders fail to consider is the fact that bad credit is not always a result of financial irresponsibility. Sometimes, even the most financially prudent people have debt problems.

That’s why borrowers with bad credit turn to lenders offering a personal loan to people with poor credit history. In the cash advance vs personal loans competition, personal loans can be a less expensive option. While people with excellent credit may qualify for a loan with a much lower interest rate than what you would pay, it is still cheaper compared to the terms of credit card cash advances.

Cash advance loans for bad credit

If you need money fast but you will not qualify for a credit card advance or any other personal loan from traditional banks, ALC cash advance loans can help.

You can finance your needs with its instant cash loans up to half a million dollars. You can also enjoy secure and quick loan processing with the help of an attentive and responsive team to answer your questions. They don’t require voluminous paperwork like traditional banks and you can see the money in your account as fast as two days!

Special consideration when getting a personal loan

How do you plan to pay off your personal loan? Do you have the funds to pay what you borrow in the next 3 to 4 years to pay the loan?  Whether you are getting a cash advance or personal loan, it is important to determine a budget for your urgent needs. Are you planning a wedding, a vacation or a simple house repair? Whatever your needs are, be sure you have the money ton comfortably pay the loan until the last month of payment.

Why Choose Australian Lending Centre

When searching for a lender to help you deal with multiple debts, especially when there is a court judgment, or bugging debt collecting agencies, you need to pick your lenders wisely. After all, the lending company you choose could make all of the difference to the final outcome of your financial struggles. The experienced and knowledgeable loan specialists at Australian Lending Centre truly care about their clients, and it is obvious in their loan products and services.

They have been helping thousands of Australians with their monetary concerns for more than 2 decades. They offer debt consolidation services, refinancing and other loan products for short-term and long-term needs.

Contact the Australian Lending Centre now!

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Debt Consolidation No Credit Check Loans Personal Loans

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 put together a simple holiday money-saving tips guide to take the stress away from your vacation.

These helpful tips will help to ease the stress on your wallet and make your holiday enjoyable for you and your family!

Holiday Money-Saving Tips

  1. Snacks & Drinks – Pack bread, chips, sandwich, and ready to eat foods. You don’t need to bring too much but you can save money by providing the snacks. Lollies and energy bars are expensive if bought from convenience stores.
  2. Drinks – Bring soft bottled water so you can refill it from taps. You may also want to pack fruit juices, sodas or bottled water to keep you hydrated.
  3. Charger – Bring power banks, chargers and connectors so you don’t have to pay for charging fees. You can also bring extra batteries if you have them.
  4. Travel tour offers – Go online and take advantage of the latest travel deals. Ticket prices may change depending on the season.
  5. Hotel and Restaurant – Check the rates and freebies. Is there free WiFi, or free breakfast? Some hotel packages may offer free spa and other benefits so don’t be afraid to ask of what’s included in the package. Remember that your goal is to save money. You can take advantage of the hotel’s amenities without paying extra charges.
  6. Bring toys – Keep your kids behaved by bringing small toys, books or gadgets to keep them busy. Keep the little tackers tamed and its bound to be a headache-free experience.
  7. Travel with relatives – The more the merrier. Travelling with your relatives or with another family can be advantageous. This is ideal if you prefer to diffuse the rental costs. The fee is fixed, so increase the numbers in order to reduce the cost per head.
  8. Sanitary kits – Vending machines are everywhere. Save money by bringing your own sanitary napkin, tissue, etc. Bring wipes and sanitizers to avoid a mess.

When travelling, there is no need to compromise on luxury. You and your family deserve to enthral yourself’s in the riches of adventure and relaxation. Let the above steps inspire you to enjoy your vacation whilst preserving the bank.

Happy Holidays

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Debt Consolidation No Credit Check Loans Personal Loans Short Term Loans

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 save money while on holiday trip with your family, here are a few useful tips on how to do just that. Follow these simple steps on how to save money during a holiday trip with your family.

How to Save Money on Holidays

  1. Bring toys – Keep your kids behave by bringing small toys, books or gadgets to keep them busy. This way, there is no need for you to stop by at a convenience store to buy overpriced toys.
  2. Snacks & Drinks – Pack bread, chips, sandwich, and ready to eat foods. You don’t need to bring too much but you can save money by at least bringing snacks. Candies and energy bars cost higher if bought from convenience stores.
  3. Charger – Bring power banks, chargers, connectors so you don’t have to pay extra for charging fees. You can also bring extra batteries if you have.
  4. Sanitary kits – Vendo machines are everywhere. Save money by bringing your own sanitary napkin, tissue, etc. Bring wipes, sanitizers to avoid mess.
  5. Drinks – Bring soft bottled water so you can refill it from taps. You may also want to pack fruit juices, sodas, milk or bottled water to keep you hydrated.
  6. Travel tour offers – Go online and see what the latest travel offers are. Ticket price may change depending on the season.
  7. Hotel and Restaurant – Check the rates and freebies. Is there a free WiFi, or free breakfast? Some hotel packages may offer free spa and other freebies so don’t be afraid to ask of what’s included in the package. Remember that your goal is to save money. You can take advantage of the hotel’s amenities without paying extra charges.
  8. Travel with other relatives – The more the merrier. Travelling with your other relatives or with another family may have an advantage. This is ideal if you prefer to stay in a house for rent. The fee is fixed so the more relatives you bring the rate becomes smaller because you divide it per head.

Travelling with your family is not so expensive at all if you learn how to consider other cheap options. You can save money by following the above simple steps. Travelling is no longer a form of luxury these days so it is also a great way to economise with your family while you’re all on holidays.

Holidays are the best time to bond and bring the family closer. Why not go on a holiday with these easy tips so you can enjoy some time off and save money at the same time?

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Bad Credit Loans

Bad Credit Personal Loans – Choose what’s right for you

Years of financial crisis and stressed home budgets have left a large portion of the population with bad credit history. It can be as small as a few late payments on a mobile phone bill or as large as missed mortgage payments but no matter what, bad credit hurts when it comes time to get a loan. It hurts when that family that has simply missed a few payments over the years or had a hard time making ends meet, has to find a loan to finance a much needed car loan or a loan for a big home repair. These needs never come at a good time and often hit those who are hurting the worst. The good news is that there is a way out and it does not mean casting a wide net and applying with every lender under the sun but actually focusing the search to a lender that focuses on bad credit personal loans.

The Right Choice for Bad Credit

The problem with applying to multiple lenders in a short amount of time for that loan is that when those lenders do an enquiry into your credit history, that enquiry actually negatively affects your credit score.  The act of searching for multiple lenders creates a downward spiral for your credit rating. It would be better to narrow the focus to a certain lender that specialises on bad credit personal loans. Applying with only one lender who will most likely approve that bad credit personal loan will actually help you by reducing the amount of lender enquiries into your credit rating. So less applications to lenders means less enquiries into your credit history which in turn means less negative listings.

Bad Credit Personal Loans

If you know that you have struggled with credit in the past and will possibly have a hard time getting a loan from a bank or a traditional lender then do not attempt to apply with every lender available because it will only drive down your credit rating and make it harder to get your credit rating back on track. Instead, make the decision to contact Australian Lending Centre and get a consultation on bad credit personal loans and get on the path to good credit. Australian Lending Centre offers free consultation over the phone and online which is obligation free and doesn’t affect your credit file.

Get your free consultation today and find a bad credit personal loan that’s right for you.

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Credit Card Consolidation

Avoid Holding High Interest Credit Card Debt

Surprisingly, while the national interest rate on cash has gone down in Australia the average interest rate on credit cards has risen. Now is definitely the time for Australians to consolidate their credit card debts. Credit card debt is a $50 billion burden on Australians and around $35 billion of that is getting interest added to it. The nation’s interest rate on cash for banks has sunk to 2.5 per cent but most credit cards have an interest rate of 17 to 22 with the highest rate going up to 23.5 per cent. You can avoid high-interest credit card debt with debt consolidation.

High Credit Card Debt

Credit card debt can be a vicious trap and now is one of the best times in recent history to escape that trap. Credit card consolidation can help manage a person’s mounting debt and help them dig themselves out from under those heavy interest payments. A personal loan to pay off the credit cards can have a much more competitive rate and can make the difference between hundreds or thousands of dollars in a very short amount of time.

National interest rates and credit card rates are not specifically linked together and there are some noted differences between the two. The debt on a credit card is not backed up by any collateral and is therefore a higher risk to the credit card companies than a house or a car. Based on that simple fact, the credit card companies can charge much higher rates.

As a consumer, you have the ability to shop around and find a way to consolidate that debt from different credit cards and total them all into one sum that can be charged at a lower interest rate. This is one of the easiest and most reliable ways to cut your interest payments and look to a brighter future without looming debt in your future. Credit card consolidation is the best way to battle large credit card debts and the large credit card companies that charge more and more each year.

The national cash interest rate has nearly halved in recent years but the credit card interest rate has barely budged and in some cases has even gone up. A person with multiple credit card debts has a great chance right now to trade in their credit card bills for one bill with a much lower rate by consolidating their credit card debt today.

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Financial Planning Personal Loans

5 Personal Finance Resolutions

Your personal finance may not have run well in 2011. That is why you must be looking forward to make 2012 a better one financially. You may not have to rely on luck. You could actually make a difference on your own if you would be more determined and disciplined.
Now could be the best time to make your finance resolutions. Take your time and assess your personal finance in 2011. For sure, there are many aspects that need improvement. You could make resolutions and intend to make you personal finance better not just in 2012 but also in the many years that would follow. Here are top 5 of those finance resolutions you should have on your list.

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Personal Loans Short Term Loans

Christmas Shopping – Common Spending Habits

Christmas is undoubtedly a season for shopping. The spirit of the occasion is indeed in gift-giving. You may have to shop for all the presents you intend to give away. At the same time, you may want to shop for yourself and for your household.

It is not surprising that many consumers tend to overspend during Christmas shopping. That is because malls and retailers are doing their best to entice you to spend. Your shopping mood could be set on fire by the festive decorations. The special markdown sales and new items on the display could further persuade you to buy until you drop.

Are you ready to once again hear the cash register ring for your Christmas shopping? There are many tips you should first look at and observe. Here is a simple and practical list of the do’s and the don’ts when shopping for the season.

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Financial Planning

Retirees Struggle with Finances

A recent survey has shown that one in four self-funded retirees has been forced to return to the workforce as a result of their shrinking retirement funds. On top of this, retirees are looking to cut spending, accept a lower standard of living, sell assets, cancel travel and recreational activities, or delay retirement altogether.

The survey shows that four in ten have lost more than $100,000 in the market downturn. More than one in ten have lost half of their invested wealth (excluding unlisted property).

As a result, 26% of retirees have been forced to get a job or are planning to do so simply to make ends meet.

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News Personal Loans

New Survey Shows Australians Falling into Debt

With inflation on the rise and living costs soaring, more young people are descending into debt. In a recent nationwide survey done by financial services company Dun & Bradstreet, the increasing range of debt receipts alarmingly fell around the 18-34 age

The survey found that more than one in five Australians expect to use their credit card to finance purchases they otherwise couldn’t afford. Livings costs are sky rocketing and as a result, young people are struggling to meet the financial demands. House hold debts have increased by 30% since Oct 2007, a mere six months ago. Credit card debt affects not only the middle age demographics but also the younger market, combining to make the nation’s current credit card bill, which stands at a staggering $42.340

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Personal Loans Financial Fitness Short Term Loans

Celebrity Lifestyles Create Debt for Young Australians

Many Australians, especially the younger generations are obsessed with celebrity image, and pressure to keep up with the ever-changing style of the stars is driving an annual $8.7 billion credit card spending spree. The modern day cult of celebrity is now so pervasive that young men and women alike are racking up expensive credit card debts to copy the looks and lifestyles of the rich and famous. Matching celebrity lifestyles is creating debt for young Australians at an astounding rate!

A recent study conducted on the rise of celebrity culture in Australia, reveals that almost 90% of young Aussie woman feel that they are expected to match the idealised images and designer wardrobes of the celebrities. This isn’t really surprising when you consider that celebrities are found on every source of media, not to mention they can be intimately followed by the likes of reality television series and social networking sites such as Facebook and Twitter.

The biggest culprit of this obsession is women aged 18-34 years. Two in three women admit to using their credit cards to purchase items to mimic celebrity style. This dangerous fascination is leading to many Aussies maxing out their credit cards by spending thousands of dollars a year on clothes, accessories, hairstyles and beauty treatments popularised by the stars.

However it’s not only the women, nearly half of Aussie blokes aged 18-34 years admit to being influenced by the style of Hollywood’s leading men. Aussie men have also admitted to purchasing clothes, beauty products and even sports cars to emulate a celebrity lifestyle.

Celebrity Endorsed Debt for Young Australians

Both men and women are likely to buy the never-ending ranges of celebrity endorsed products, whether it is a celebrity promoting a company’s product or the product itself is owned by a celebrity. Just look at all of the celebrity fragrances on the market as one example.

Many young Aussies are none the wiser of the repercussions their spending habits could have on their future. Not only are they setting themselves up for years of debt and interest repayments, they are also potentially facing bankruptcy. Bankruptcy is the worst financial result to any individual’s life. By filing for bankruptcy you have instantly put yourself in a position of uncertainty, as it can negatively affect so much of your financial freedom.

Limitations of bankruptcy

If you are bankrupt, you cannot hold certain licenses, there are restrictions on employment, and you may be required to pay part of your income to a Trustee. You also must obtain the Trustee’s permission to travel overseas, some of your divisible property may be sold and any divisible property you acquire during bankruptcy, vests in your Trustee. Also when you are bankrupt you are limited to obtaining loans and credit.

Manage your debt

It is important to get a hold of your finances before they become too difficult to manage. Many young Aussie is excited by their ability to use their first credit card, and they can easily forget that every payment needs to be repaid, and due to interest you usually end up paying more for the item as a result of placing it on your credit card. Credit cards should be used as a tool for purchases such as airfares and for emergencies. You should intend to make the repayments in full as soon as possible to avoid accruing interest charges. If you find that you need to make everyday purchases such as groceries or petrol on your credit card because you lack the funds to purchase these items from your income, then you could be heading for a trouble-filled financial future.

If you are finding it difficult to make your debt repayments on credit cards or personal loans then you should speak with one of our experienced debt consultants today.

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Refinance and Refinancing

Generation Y Expects the Parents to Help Financially

A recent research project has revealed that two-thirds of Generation Y (16 to 29 year olds) expect their parents to help them out by paying their rent, assisting in purchasing a home, paying for their wedding and purchasing a car.

The research uncovered a concerning disconnect between what Gen Y expect from their parents in terms of financial support and what parents are now able and willing to provide.

Unfortunately for Generation Y, it has become evident through another study that 70% of baby-boomers (Gen Ys parents) have suffered financially as a result of the global financial crisis. Baby-boomers themselves are in the midst of amending their own financial problems by refinancing, consolidating debts and using new and innovative methods such as Debt Agreements to assist with their own repayments.

The research shows that 44% of Gen Ys expect their parents to pay for all or at least part of their wedding, 40% expect assistance in purchasing a house and 34% expect financial support for their education.

However with these high expectations it was astounding to see that 65% of Gen Y admitted to having no knowledge of their parents’ financial situation.

With the alarming figures of debt this generation has, it may finally be starting to sink in that they need help with managing their debt and another credit card is not the best solution.

Generation Y has become the latest casualty of the economic crisis. Credit reporting agency Veda Advantage has revealed a large drop in Gen Y applications for personal credit. Veda Advantage’s May figures show a drop in all account credit applications, including hire purchase, credit cards, personal loans and mortgages. Gen Y credit card inquiries fell 26% and mortgage applications declined 5%.

If you are struggling to pay your debts, don’t rely on your parents to assist you, simply call Australian Lending Centre and find a solution that is suited to your needs. Dial 1300 138 188 to speak with one of our experienced consultants today.