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?
Owning an investment property in Australia often means taking on a fair amount of debt. While you hope to be more profitable in the future, it’s important to understand the tax implications of the debt you take on to manage your properties. This starts with knowing what you can claim as a tax deduction. Some … Continue reading What You Need to Know About Debt and Taxes as an Investment Property Owner
Thanks to historically low interest rates, many Australians are looking to refinance their mortgage loan to save money. Applying for a refinance of your home loan provides many potential advantages, including: Reduces the size of your monthly payment Lowers your interest rate for the remaining time left on your mortgage Some lenders are willing to … Continue reading Is Now the Best Time to Refinance Your Mortgage Loan?