Many of us are worried about what will happen to our families after we are gone. If you are carrying debts, you won’t want them to be passed on to your next of kin. Here is what happens to your debt when you die, and what you can do to take care of it. Factors … Continue reading What Happens to Debt When You Die?
If you struggle from month to month to pay off several debts, all at high, fluctuating interest rates, you need relief. You’re not the first. Plenty of Australians share your challenge. What if you could transfer all of your debts into one low, unchanging payment? You can, with debt consolidation. What is Debt Consolidation? When … Continue reading Pay Off Credit Card Debt With Consolidation
Oftentimes, people are confused as to why their credit score differs from what they expected or why they are unable to get a specific loan. Lenders are able to see your entire credit report, and that gives them detailed information about several aspects of your life. Your credit file is more than just a number. … Continue reading What Shows on Your Credit File?
Getting a better credit rating is often essential for life’s big moments. If you want to take out a mortgage, a business loan, or a new credit card, you’ll need a good rating. Here are the situations which will help you to improve your credit rating. 1. Pay your bills on time When you are … Continue reading When Does Your Credit Rating Improve?
You may have heard of loan consolidation as an option for putting all of your debts into one single loan. This can be a great advantage in some cases, but it does also come with some drawbacks. Here’s everything you need to know to help you choose. What is debt reconciliation? Debt reconciliation involves taking … Continue reading Loan Consolidation Pros and Cons
Mortgage refinancing allows homeowners to switch to another lender, lower their interest rate or take some cash out of their home for home improvements or other financial needs. Several homeowners do not refinance due to the uncertainty of the process that lies ahead of them. Here is a step-by-step guide for the mortgage refinance process: … Continue reading What is the Mortgage Refinance Process? A Step-by-step Guide.
You have a great idea. The business plans are set. You have a plan and are ready to put it into action. Just one ingredient is missing: money. As a brand new startup, you don’t yet have a pool of funds from which to pull. What’s more, you also haven’t yet established credit. So where … Continue reading Is Convertible Debt Right For You?
So, you are ready for your first credit card. You confidently approach a lender and submit an application. But to your surprise, your application is returned with a note about “thin credit file”. What just happened? Thin credit file means that your credit report does not have enough, or perhaps any, information in it. Lenders … Continue reading When Thin Is Not What You Want To Be
We’ve all made a few bad choices in life. Sometimes, those bad choices affect your credit score. This doesn’t have to completely stop you in your tracks, however. So, how do you get back on your feet when your credit score has taken a serious hit? Most of us become more aware of our credit … Continue reading What Credit Rating Do I Need For A Loan
Life is expensive. Sometimes things just creep up on us and suddenly we find ourselves in over our heads financially. We find ourselves asking questions each month like “Should I pay rent or pay the credit card bills?”. Suddenly, even our phones seem traitorous as yet another collector rings again. When you find yourself in … Continue reading When Filing Bankruptcy What Can You Keep?
If you’re finding it increasingly challenging to repay your debt, you’re not alone. Many people find it difficult to make ends meet because of unexpected illnesses, changes in their personal circumstances, or unemployment. Whatever your situation, you need to act promptly so you can be in control of your finances. To get out of your … Continue reading Debt Help without Losing House
Debt consolidation gives you the chance to simplify your debt repayments. It’s a form of refinancing that entails taking a single loan to pay off many other loans. Debt consolidation or refinancing can work for some people. For others, it may serve only as a temporary fix. So if you’re struggling to repay your mortgage, … Continue reading When Is Debt Consolidation a Bad Idea?