However healthy your financial situation is at present, getting good financial advice on your personal finances can be a great help. It’s not always affordable to hire a personal financial adviser, so we’ve created this list of places you can seek free financial advice instead. Government Agencies Two great sources of free information are the … Continue reading Where to Get Free Financial Advice
Are you considering applying for a Debt Agreement, and want to know your exit options? Or are you currently in one, and it’s no longer working for you? Here’s what you need to know about cancelling a Debt Agreement. What is a Debt Agreement? A Debt Agreement is a legally binding agreement between you and … Continue reading Can I Cancel a Debt Agreement?
Unmanageable personal debt can cause untold stress, leading people to consider filing for bankruptcy. If you find yourself in this position, it is important to understand exactly how bankruptcy works, so that you can make the best decision for your situation. Here, we’ve answered some of the most common questions surrounding bankruptcy. What is bankruptcy? … Continue reading How Does Bankruptcy Work?
You may have heard of personal insolvency, as being an option for dealing with your overwhelming credit card debt, unpaid bills and loan repayments. But what exactly is personal insolvency, and how does it differ from other debt solutions? Let’s define personal insolvency A personal insolvency agreement is a legal agreement you can reach with … Continue reading What is Personal Insolvency?
You have multiple debts to repay and you’re considering applying for a consolidation loan to make your finances easier to manage. But who can actually get a consolidation loan? Here are some of the factors lenders take into consideration when deciding whether to approve your application for a consolidation loan. What is a consolidation loan? … Continue reading Who Can Get a Consolidation Loan?
If you find yourself struggling with mounting debts and bills that you can’t pay, the prospect of ridding yourself of debt by declaring bankruptcy may seem appealing. For some individuals, it does provide a fresh start where there are no other options. Bankruptcy is a legal process that releases a person from almost all of … Continue reading 7 Reasons Not to Declare Bankruptcy
When trying to deal with debt, you may be considering a consolidation loan. Debt consolidation loans can provide many benefits, however there are potential downsides. Here is everything you need to know about this type of debt consolidation, so that you can make a fully informed decision. Types of Debt Consolidation Loans Put simply, a … Continue reading Consolidation Loans: What are the Consequences?
When you’re overloaded with unpaid bills, credit card and loan repayments, you might begin considering debt relief options. One of the options you may have heard of is a Part 9 Debt Agreement. Let’s look at what a Part 9 Debt Agreement is, how it works, your obligations, and what the impact will be on … Continue reading What is a Part 9 Debt Agreement?
People find themselves in debt for all kinds of reasons, many of which are outside of their control. Loss of employment, relationship breakdowns and health concerns can financially blindside you. If you find yourself in debt and are struggling to find a way out, here are some of the many debt help options that are … Continue reading Debt Help in Australia: Your Options
When the bills keep coming, your loan repayments are unmanageable and your credit card debt is out of control, you may start thinking about debt relief options. One such option is a debt relief loan. But what exactly is a debt relief loan, how do they work, and what should you know before applying for … Continue reading What is a Debt Relief Loan?
When you apply for a credit card or new loan, your credit rating is a key determining factor as to whether the bank or lender will approve your application. Many people who have a bad credit history aren’t even aware of their situation. It’s in your best interests to find out your credit rating, and … Continue reading Do it Yourself Credit Repair for Free
When you apply for a loan or credit card, lenders want to know that you’ll actually pay them back, and on time. To determine your credit worthiness, they access your credit rating. This rating will influence the financial institution as to whether they will lend you money, how much they will lend you, and sometimes, … Continue reading Who Determines Your Credit Rating?
It’s all too easy to fall into bad credit shape. One credit card becomes two, you apply for a third to help with paying the bills on time, and you quickly find yourself in a cycle of minimum repayments and seemingly never-ending debt. It’s a trap that can cost you thousands of dollars in extra … Continue reading Credit Card Debt Consolidation with Bad Credit
Do you know what your credit rating is? Were you even aware that you have a credit rating? If you are planning to apply for a credit card or loan, it’s worth understanding what your credit rating is, and how it is calculated. This will help you to make more informed financial decisions and avoid … Continue reading How are Credit Ratings Calculated?
You probably know that taking care of your credit is important if you’re planning some financial milestones such as upgrading your car or buying your first home. After all, lenders assess your credit to decide whether you’ll get the best loan terms, or whether they’ll lend to you at all. But how do you know … Continue reading Credit File vs Credit Score: What’s the Difference?
Sometimes, it seems that life is one hurdle after another, and expected issues with employment, relationship breakdowns and health concerns can affect your ability to buy food, pay your bills and service your debts. If you’re struggling to keep up with never-ending bills, credit card payments and home loan repayments, there are a variety of … Continue reading Debt Help for Low-Income Families
Are you finding it hard to stay on top of your credit cards and personal loan repayments? Unexpected financial burdens such as health concerns, relationship breakdowns or employment loss, can affect your ability to pay your debts. If you don’t have savings to pay for these additional expenses as they arise, it may seem like … Continue reading Refinance Your Home Loan to Consolidate Debt
Australians are under more financial stress than ever before, with the cost of living continually increasing. Many people take out multiple credit cards and loans in an attempt to stay on top of their expenses, however this creates a financial burden and can make it harder to manage financial commitments. Consolidating your credit cards, car … Continue reading Can I Consolidate Debt into a Home Loan?
Are you experiencing financial hardship and considering declaring yourself bankrupt in Australia? You are not alone. Everyone experiences financial strain at some point; even thriving households and businesses can experience unexpected hardship due to life changes, job loss or factors that are out of our control. Personal bankruptcies and insolvencies are at an all-time high … Continue reading Declaring Bankruptcy Without a Lawyer
If you have creditors chasing you for unpaid debts, or you’re afraid that you soon will, now is the best time to take control of your financial situation. Debt consolidation and debt management plans are two potential solutions to financial stress. Understanding the differences between these options will help you decide which (if either) is … Continue reading Consolidation Loan vs Debt Management Plan