Ways to repay your home loan earlier
The realities of repaying your mortgage If you’re reading this, you’re probably familiar with the dream of owning and living comfortably in your own home. Ideally, without the hassle of rent or mortgage repayments. In reality though, we live in a country with the highest housing price-to-income ratio, and ever-rising property prices. Which means, most […]
What can I use a personal loan for?
It’s always a good idea to know a little more about the credit options available on the market, so you can make informed decisions when you need to. Whatever you plan to use your personal loan for, there are smart ways and not-so-smart ways to go about spending your borrowed funds. What’s in a personal […]
How to pay off multiple credit cards
Most people only need one credit card, two at a maximum. If you have got into a tricky situation where you have multiple credit cards and you owe money on each one, then you may need financial help. It’s not a bad idea to talk to a financial expert and get advice on how to […]
Pros and cons of a term deposit
Is a term deposit right for you? Chances are you’ve heard about term deposits as a way to make your money work for you. These uncomplicated financial products are deposits that can be made with a lender for a predetermined period of time. Usually spanning from 1 months to upwards of 5 years, term deposits offer […]
9 credit cards mistakes to avoid
Having a credit card can be incredibly convenient. It’s unbelievably easy to make payments without money in your account and you can earn frequent flyer points while doing it. So what’s the catch? We’ve put together a list of 9 common mistakes, traps and general fails so you can use your card in a smarter way. […]
What is a credit card interest free period and how does it work?
Interest free periods explained Interest free days are a feature of some Australian credit cards that allow cardholders to make interest-free purchases during a specific period. While a great way to cut down your interest payments, they require that you completely repay the outstanding balance on your credit card statement by the due date. So […]
How do credit cards work?
This is a guide to how credit cards work in Australia, helping you understand credit limits, annual fees, interest rates and repayments. Credit cards are a popular way to use credit for making daily or regular purchases. The money used to pay for goods or services when using your card is borrowed, so before the credit […]
How to refinance a personal loan
Refinancing a personal loan sounds complicated, but can be a great way to either consolidate your debt or cut down on your interest payments. Or both, which is great! Quite simply, refinancing means finding a loan that will cover the amount you have owing on your existing loan, but with lower fees and interest – […]
What documents do I need to provide when applying for a personal loan?
If you’ve compared personal loan deals, checked out all the details and figure you’re eligible for a personal loan, congratulations! You’re almost there! The next step to getting your personal loan approved, is to get your application together. This guide will hopefully tell you what documents and ID you’ll need so you can make a […]
How to pay off your personal loan faster
Personal loans are a great way to secure that major purchase, holiday or to handle an emergency. After you’ve having spending all that money, you need to start thinking about paying back your loan. Because interest payments can add up quickly, we’d all do well to pay off our personal loan sooner. So how to reduce […]