With home costs in Australia on the rise, it can often be difficult for those who wish to purchase a home to come up with the 20-percent deposit they need to secure a home loan. However, it is possible to obtain a mortgage with a lower down payment if you are willing to pay lenders … Continue reading What You Need to Know about Lenders Mortgage Insurance
If you have two or more loans on the same property, like a mortgage and a home equity line of credit, you may be able to save money in the long run by consolidating those debts into a single loan. Here’s why you might want to consider this route for your home loans: Reduce Your … Continue reading Benefits of Consolidating Multiple Home Loans
No one likes to be saddled with large amounts of credit card debt. Not only are the interest rates typically substantially higher than with other types of debt, but the interest charges can often make you feel as though you aren’t making any headway at all, which can be quite demoralising. Instead of suffering with … Continue reading Everything You Need to Know about Credit Card Debt Consolidation
If you have a number of different debts, including credit cards, car loans, personal loans and the like, you may find it difficult and time-consuming to keep up with all of your monthly payments. It can also be quite stressful to have a different bill due almost every day. In cases like this, debt consolidation … Continue reading Is It Possible to Consolidate Debt without Collateral?
If you want to buy a home, get an auto loan, or even apply for a credit card, the potential lender is going to examine your credit file. To put yourself in the best position to get favourable terms for your loan, you should understand what’s in your credit file. What is a Credit File? … Continue reading Understanding Your Credit File
If you have multiple loans, including credit cards, auto loans, and personal loans, you may find that managing all of them and getting them paid on time is challenging. A debt consolidation loan may help you manage your debts more effectively and get you out of debt faster. What is a Debt Consolidation Loan? A … Continue reading How Does a Debt Consolidation Loan Work?
If you have gotten in over your head in debt, you may be considering a Part 9 Debt Agreement. Here’s how it works, what it can do for you, and what happens after it’s over. Entering a Part 9 Debt Agreement If you reach a point where you are unable to pay what you owe, … Continue reading Debt Agreement Discharge
If you are having trouble making debt payments on time, you may receive a phone call from a debt collector. Here’s what you need to know about your rights and about how to make the best arrangement you can to pay your debt. What Is a Debt Collector? A debt collector may be someone from … Continue reading Making an Agreement with a Debt Collector
Qualifying for home loan refinancing can be difficult when you have bad credit. Some specialty lenders are willing to work with people whose credit is less than ideal. However, they expect certain things from you in exchange. The most import thing is that you commit to reducing your debt and improving your credit rating. You … Continue reading Debt Consolidation and Refinancing with Bad Credit
When you have debts with multiple creditors, keeping up with the payments can be a challenge. Debt consolidation is a loan you take out to repay all creditors and then make one monthly payment to the bank that issued it. Your new loan payment is typically lower than the sum of your previous debt repayment … Continue reading Is a Debt Consolidation Loan The Right Move?