Savings your way out
November 14th, 2012

Savings your way out….

As we are approaching the festive season of Christmas and New Year, We all are ready with what we want to achieve in the next year. Some of us might want to get out of the debts and some of us are already in the process to be debt free and are looking to start saving.

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Informal Arrangement with Creditors
September 26th, 2012

There is a time where a person has a short term financial crisis then a long term one, where it is only a matter of time you know things are going to be normal and on track, during that phase it is important that we keep our finances intact and do not let the situation slip away.

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Change in Debt Agreement Thresholds
September 24th, 2012

From the 20th September 2012, the changes to Income, Debts & Assets thresholds are as follows:

  • For the purposes of s.185C (4)(d), the “after tax income level” defined in that section is $73 259.55
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Negative or a bad rating?
July 16th, 2012

Having a bad credit rating is not as bad as someone can imagine, if you are struggling to find a loan or cannot get affordable means of credit or at some worst cases cannot even get a mobile phone plan, it is time that you should check your ratings.

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Case Study on Debt Agreements
June 07th, 2012

Debt Agreements can be a life saver at times and can work wonders for people who are insolvent but wants to be Debt Free in the near future.

The case study chosen today is from one of our many clients who have overcome their debt problems in no time, the name is withdrawn due to privacy reasons, but for the purpose of the case study we will call our client Michael.

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Case Study
May 07th, 2012

It all started on a short trip to my post box, as I opened the letter, I wonder if it was a treasure, the letter said $10000 was approved before I applied it. As I fill the application form waiting for my treasure to arrive, it did not take long before I saw a plastic or as they say a credit card arriving in my post box in the matter of days.

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Australian Credit Card Crisis
April 09th, 2012

We Australians love the mateship, sports, helping others etc. At the other end of the spectrum what we also love is being in debt. Australians have one of the world’s highest if not the highest debt to disposable income ratio. This is getting us closer and closer to a crisis which is not visible to the common eye.

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Fix your Credit Rating
March 06th, 2012

We continue from our last article which talked about credit scoring and Credit ratings. It explains what a Credit Score is and how it helps you to save thousands of dollars in interest charges if your credit score or credit worthiness is high.

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Your Credit score
March 02nd, 2012

Changes in how credit reports look?

We live in the world of Credit Ratings otherwise named as Credit Scoring; everyone is rated for credit worthiness in this World, from Countries to individuals.

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Eligibility to do a Debt Agreement
February 06th, 2012

It is important that an individual understands his or her eligibility before doing a debt agreement. Not everyone is eligible to do a Debt Agreement. This article aims at providing a guideline on the eligibility criteria before applying for this type of agreement.

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Bad Credit & No Help: Consolidate debts through a Debt Agreement
January 05th, 2012

Debt Consolidation in itself is a loose word. It can be used at various instances. In a lay mans terms Debt Consolidation is a way where you can consolidate all your debts into one on a cheaper interest rate and terms that you are already on.

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