Personal Loans Articles

Need a personal loan with bad credit? View your loan options

It can be a serious matter to receive a poor credit rating and be black-marked as a poor credit risk, especially if you are looking to take out a mortgage or loan in the future.

RateCity StaffJul 9, 2018( 6 min read )

How Comprehensive Credit Reporting Affects You! - RateCity

Comprehensive credit reporting means including both positive and negative information in a person’s credit file.

Nick BendelJul 4, 2018( 4 min read )

9 ways to improve your credit score

If you want to learn how to improve your credit score, you’ve come to the right place.

Nick BendelJul 3, 2018( 7 min read )

Can I get a personal loan if I receive Centrelink payments?

Being able to access money fast in an emergency by taking out a personal loan can be tricky if you receive Centrelink payments as part of your income. Although still possible there are some important things to know before signing up for a loan and some other options that may be more appropriate for your situation.

Mark BristowJul 2, 2018( 5 min read )

Loans with no interest attached

As more Australians slip below the poverty line and struggle to make ends meet, our reliance on credit cards and loan sharks has increased, reports suggest.

Laine GordonJul 2, 2018( 3 min read )

What are payday loans?

Payday loans, also known as cash loans, small loans, micro loans and short-term loans, are sometimes used as a short-term solution for cash-strapped individuals. They are amounts of up to $2000, with loan terms of up to a year, and have historically attracted very high fees. They have incurred the wrath of both government and lending watchdogs for the extraordinary amounts consumers have been known to repay. Sometimes it’s up to a few hundred per cent of the original borrowing amount. As such, they should be viewed as loans of last resort.

RateCity StaffMay 2, 2018( 5 min read )

What is a wedding loan?

The average price of an Australian wedding costs upwards of $36,000 so it is always smart to search around and understand your financial options.

Nick BendelJan 23, 2018( 3 min read )

What can I use a personal loan for?

Depending on the lender and your financial situation, you might be able to borrow up to $100,000 with a personal loan. But what could you use it for?

Nick BendelJan 23, 2018( 3 min read )

When is the right time to take out a personal loan?

Nick BendelDec 1, 2017( 3 min read )

5 steps to get out of debt

While a certain level of carefully-managed debt can help us make progress towards our financial goals, it's easy for debts, fees and interest charges to grow larger than we can easily manage. If you're struggling with debt and don't know where to start when it comes to getting your finances back under control, here are five steps you can potentially follow:

Mark BristowNov 8, 2017( 5 min read )

Is it better to take out a personal loan or use my credit card?

If you have some large expenses, or are interested in making some major purchases, you may need to consider your credit options to get the finance you need. Two popular options for borrowing money are credit cards and personal loans, but working out which one is the better choice can depend greatly on the nature of your expenses, and how you plan to pay them back.

Mark BristowNov 6, 2017( 5 min read )

What is a personal loan?

A personal loan is a loan that generally has a lower value and shorter timeframe than a mortgage.

Nick BendelOct 13, 2017( 2 min read )

5 money issues that could ruin your marriage

A great marriage may be based on rock-solid principles of love and respect, but money has a way of shaking the foundations of even the most secure relationships. Here are five money issues to watch out for, whether you’re starting a new relationship or if yours is already well-established:

Mark BristowOct 3, 2017( 4 min read )

Do I need security to take out a personal loan?

Looking for a personal loan to help you afford that holiday, buy that car or start that business? As well as thinking about how much you plan to borrow, and whether you can afford the repayments, it’s important to consider the security requirements of different personal loans.

Mark BristowSep 12, 2017( 4 min read )