Most of us aim for a good–to–excellent credit score so that we can access loans and credit cards easier, as well as cheaper utility bills [...]
Is Bitcoin crashing or set to boom? Bitcoin prices are currently sitting on the edge of a key price level - US$10,000, down more than [...]
The days of the “how much can I borrow” personal loan are well and truly over; these days you need to prove you’re a safe [...]
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If you have the chance to pay down a loan faster, or if you can clear the balance completely, your initial reaction may be to [...]
One of the downsides of people being unwilling to talk openly about money and their personal finances is that lots of myths and misconceptions spring [...]
Australia’s Big Four banks – Commonwealth Bank, Westpac, ANZ (Australia and New Zealand Bank) and NAB (National Australia Bank) dominate our economy and are most [...]
Commonwealth Bank, Westpac, NAB and ANZ have all cut their savings account and term deposit rates in recent weeks. Base rates on savings accounts are [...]
Strictly speaking, you don’t pay stamp duty on your home loan, you pay it as a tax on your property purchase. However, you’ll have to [...]
For many of the hopeful, wannabe homeowners in Australia, it’s not keeping up with home loan news and finding the right property that stumps them, [...]
You might love the freedom of being self–employed but you probably don’t like the attitude of banks and lenders to self-employed loan applicants. One of [...]
Getting into the habit of saving money can be the factor that makes all the difference to your security later on in life. If you [...]
In June, Facebook shocked the world with a brief announcement entitled Coming in 2020: Calibra. It revealed the social media’s giant’s plans to create a [...]
The ASIC Commissioner is “deeply troubled” by how the banks “unfairly” sold junk insurance to credit card customers. And he’s issued a warning – We’re [...]
Australian interest rates are at an all-time low at the moment and this means that all of the country’s banks had to follow suit and [...]
Home loan rates in Australia have never in living memory been as low as they are now. In short, it’s a great time to be [...]
When you’re searching for a car loan, the four factors that will decide how much you can get and how much you can repay are: [...]
If you’re a frequent traveller, whether it’s sheer wanderlust or business (or both, if you’re lucky), then a frequent flyer credit card may well be [...]
What’s your credit rating? You may have seen an advertisement, or been spammed by an email from Credit Simple or Credit Savvy, or one of [...]
Thinking about a personal loan but don’t know much about the process or how to go about it? Then read on, because here is pretty [...]
When you invest or deposit your money in a bank, your first priority is getting that initial amount of money back when you want it. [...]
When you open a bank account that offers interest, whether it’s a transaction account or a dedicated savings account, you’ll probably have to supply the [...]
If you’re a frequent flyer, no matter whether it’s for business, leisure or a combination of both, you might be looking for a credit card [...]
Thousands of Australians who are currently considered not able to afford a home loan are about to suddenly become eligible for mortgage credit. Home loan [...]
Crunch time for savers – ACT NOW Savings rates are being crunched as the Reserve Bank continues to ease the official cash rate and banks [...]
At first sight, term deposits are pretty much the ideal, low–maintenance savings vehicles; you deposit your money, then sit back and wait for the term [...]
If you’re Muslim, then you may have wondered for a long time about how you can get a mortgage so you can own your own [...]
If you’re looking to do a balance transfer on your credit card but have ‘bad credit’ then you could be on the right track to [...]
Yes, you can transfer your money, and your debt, from your current credit card to another card. This move is known as a balance transfer [...]
You might think that all forms of credit are the same—personal loan, overdraft or a credit card—but they’re not. They all “behave” in different ways [...]
First thing to say about this subject is - Don’t Panic. Having debt problems can give you serious emotional and psychological stress. There can also [...]
You have heard of shares, property, term deposits and savings accounts but are you on top of bonds as an investment vehicle? Bonds are often [...]
It’s probably just a strange quirk of human nature, but many people would prefer to use a credit card for large expenses than take out [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. The first big [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. Vadim Taube, chief [...]
When you’re planning to buy your first property you spend hours on real estate sites, sighing over the video tours and ads about easy home [...]
YOLO right? So why worry about investing and saving. That just seems really boring. Well life costs cash and the better you manage your cash, [...]
When you’re looking for a new car, you should always think about whether you need finance to buy it and what sort of finance you [...]
Many people think that using their credit card is a straightforward process—you buy an item or a service with it and you pay off this [...]
The world of fintech is moving quickly—so quickly, that some nations are already talking about becoming cashless societies in the next five years. Fintech, which [...]
The Reserve Bank of Australia board meets on Tuesday 2 July to decide whether to cut interest rates for the second month in a row [...]
Most Aussies have no idea about their credit score! Almost two-thirds of Aussies haven’t asked for a credit report, and one in 10 are reportedly [...]
If you need your first car, an upgrade to accommodate a growing family, or if you just fancy a flashy new set of wheels, then [...]
A bad credit history is bad news because it can lower your chances of securing a personal loan, credit card and even a home loan. [...]
If you suspect that your credit rating isn’t as good as it could be, or if you know for certain that it’s not very good [...]
Term deposit vs savings account Saving money is important because having a cushion of funds can help you to weather financial storms, get educated, buy [...]
One of the worst things about having a bad credit rating or credit history is worrying that you’ll never manage to dig yourself out of [...]
The cost of living isn’t getting any cheaper so if you’re saving up for a home deposit you might feel like you’re running an impossible [...]
UBank cuts savings account rates UBank, a long-time market leader in the at-call savings market, has slashed interest rates on its USaver accounts. The USaver [...]
Right now, your world feels like it’s caving in. If you’re going through a separation or a divorce, you’ve got a lot to worry about [...]
Which bank is greenest? Are you concerned that the planet is warming and some politicians are really not responding with appropriate urgency? Are you concerned [...]
Many people think that using their credit card is a straightforward process—you buy an item or a service and you pay off this money, usually [...]
In Australia, it’s a legal requirement for car owners to have compulsory third–party (CTP) insurance so that if you injure someone else, you’re covered for [...]
Thirteen million Qantas Frequent Flyer members now need fewer points to claim an economy class seat on an international flight and will pay less in [...]
A boom weekend of auction results has experts predicting a property market turnaround after almost two years of falling prices. More than 60 per cent [...]
Facebook, Visa, Mastercard, PayPal, Uber, eBay and 23 other online commerce brands have announced a plan to establish a new online currency for Facebook called [...]
Savings accounts are NOT all simple, straightforward products that are basically pretty much all the same. Each savings account has its own terms and conditions, [...]
If you have several debts, maybe spread between loans and credit cards, and you’re struggling to stay organised and on top of your payments each [...]
If you’re looking for ways to grow the money you already have at your disposal, then you’ll almost certainly be looking at investment vehicles like [...]
Sometimes it can feel like you’re doing everything right, but still not seeing results. Benjamin Franklin said, “a small leak will sink a great ship” [...]
What is a real estate “bubble?” A property bubble is initially fueled by demand which outstrips a limited supply. It’s the increasing price of housing [...]
You might have thought that the days of credit card colour wars (yes, it was a thing) were over since the days of conspicuous consumption [...]
If you’re looking for car loans then you might prefer to find loans with lower interest rates than usual. It’s obvious why, as your monthly [...]
“It is more affordable to buy than rent” Which cities and towns are cheaper for home buyers than renters? Suddenly in 2019, there are plenty [...]
Tuesday June 4 will be remembered as the day the Reserve Bank of Australia (RBA) reduced interest rates to a new all-time record low. The [...]
Whether you’re struggling with your credit card repayments or whether you’d just like to reduce them so you can divert the saved funds somewhere else, [...]
Having a credit card comes with the responsibility of paying it off to the best of your ability each month. At least making the minimum [...]
Commonwealth vs Westpac vs NAB vs ANZ Australia’s Big Four banks are Westpac, National Australia Bank (NAB), Commonwealth Bank and ANZ. They’re called the Big [...]
Whether you’re applying for your first credit card, or you’re looking for a new one, it’s important that you choose the right card for you [...]
Falling behind with bills or instalments can be really stressful. But whether it’s through a loss of your job, a relationship breakdown or out-of-control credit [...]
‘When people look around, they generally get a better deal’ If you are one of the many millions of Australians who have been angered by [...]
Falling behind with bills or instalments can be really stressful. But whether it’s through a loss of your job, a relationship breakdown or out-of-control credit [...]
Get married, buy a house, and live in it. Simple, right? Perhaps not. This path of normality paved by older generations has left millennials perplexed [...]
Almost half (48.7 per cent) of all Australian households rely on payments from Centrelink to help pay their bills and for almost one quarter (24.2 [...]
You have probably heard of “term deposits” and you may have heard of “fixed term deposits” but do you know what these financial products are? [...]
Do you think saving money is hard? Spending money is easier right? Well actually anyone can save money but managing their cash efficiently and taking [...]
Which banks are cutting savings rates? Savers are often forgotten in conversations about rate cuts. Borrowers love lower interest rates but the other side of [...]
Non-bank lender announces amazing new super-low comparison rate The Reserve Bank of Australia has just announced an historic cut in the official cash rate (OCR) [...]
Borrowers are today celebrating Australia’s first official interest rate cut in almost three years, and experts are predicting more to follow. But why wait to [...]
Term deposits are covered by the Australian Government Guarantee scheme. Under the Financial Claims Scheme, deposits of up to $250,000 are guaranteed by the Australian [...]
So you have been paying down your car loan but now you just want to get rid of it. You may be thinking of paying [...]
Looking for a new car involves lots of decisions and research and primary among these decisions is the type of loan you should get and [...]
Most people are concerned about their credit rating because having a good score can boost your chances of being approved for mortgages, credit cards and [...]
Does Australia need an interest rate cut? Vote YES or NO https://www.facebook.com/193785440635734/posts/2667190169961903/ Should monetary policy put “People before Profits” or “Poverty before Property Prices?” The [...]
A car loan is a big commitment, but it’s a commitment that lots of Australians have to make in order to get to work and [...]
Many Australians worry about their credit rating these days, especially if they know their own rating isn’t as good as it could be. Finding out [...]
Even though contactless payment is well on its way to ubiquity now, we still get asked: “Cheque, savings or credit?” at the point of sale. [...]
When you press the “savings” account button at the ATM or in-store at the eftpos point of sale, you are actually withdrawing money from your [...]
With over-indebtedness growing among Australian households, many people wonder how they’ll ever be free of their monthly debt repayments, or at least reduce them to [...]
When you first start using a credit card you probably don’t think about how the interest is calculated and added up each month. What might [...]
Mortgage stress for Australians has reached an all-time high. Across the country, more than one million households are estimated to now be in mortgage stress—meaning [...]
Life is meant to begin at 40. You’re older. Wiser. Better equipped to deal with the world and what it throws at you, except, apparently, [...]
The first lender in Australia to announce a retail home loan rate under three per cent is Greater Bank. The Newcastle based mutual bank has [...]
Almost two thirds of Australian taxpayers are expecting a refund this tax year, and it’s not chicken feed. The average tax refund in Australia was [...]
More and more Aussies are cutting up their credit cards for good, but they aren’t giving up on spending. In the lead up to Christmas [...]
Do you want a new car, computer, tools or even an air conditioner? This June, buying equipment for your business is more worthwhile than ever [...]
The golden rule of investing is that everyone should have a diversified mix of investments and not ‘put all their eggs in one basket.’ Traditionally [...]
You might like trading in shares, comparing returns on managed funds, looking at interest rates on term deposits and researching property deals yourself. You love [...]
Business loans for small businesses are notoriously difficult to get but that could all be changing. In great news for small business owners who are [...]
It’s always exciting when you’re planning to buy a new car. There’s the hours you spend scouting all the websites, forecourts and the for sale [...]
There’s no magic formula or trick to getting your personal loan application approved but there are some practical measures you can take to increase the [...]