Credit Score

In Australia, only a very specific list of businesses and lenders can access your credit report - and they must only do so for specific reasons.

Eden Radford -

15 Mar, 2024 -

2 min read

Credit Score

While it’s not that common, it is possible for your credit report to contain mistakes. If you think there’s a mistake on your credit report, there are steps you can take to make sure it is corrected.

Eden Radford -

12 Apr, 2024 -

3 min read

Credit Score

Having bad credit may make applying for loans and credit cards feel impossible. But it is possible to recover from a bad credit score, though the length of time it will take may vary. Checking your credit report is often a good start, as is demonstrating your financial responsibility.

Mark Bristow -

28 Feb, 2024 -

4 min read

Credit Cards

More Australians may be turning to credit cards to help manage their household expenses, according to a new report. With the cost of living putting pressure on many budgets, what can you do to better manage your credit?

Mark Bristow -

02 May, 2024 -

4 min read

Credit Cards

Having credit card debt may not be out of the ordinary, but if you’re struggling to pay that debt off, it’s worth taking a moment to figure out a game plan, and fast.

Eden Radford -

11 Apr, 2024 -

3 min read

Credit Cards

Household credit card debt rose by more than a quarter of a billion dollars in the month of January as shoppers struggled to clear their debts following a bumper spendathon in November.

Eden Radford -

07 Mar, 2024 -

4 min read

Personal Loans

Australians are reportedly moving away from personal loans, in a partial reversal of an earlier uptick in lending activity earlier in the year. While new data shows a decline in personal lending overall, there are still competitive personal loans available for borrowers who know where to look.

Mark Bristow -

09 Apr, 2024 -

3 min read

Personal Loans

Data shows Australians are increasingly looking to personal loans to secure finance. However, before committing to a personal loan, it’s important to compare the available options and consider your needs to make sure you’re selecting a loan that offers the most value for your needs.

Mark Bristow -

13 Mar, 2024 -

3 min read

Personal Loans

With Valentine’s Day just around the corner, it’s the time of year when a lot of money gets spent on everything from grand romantic gestures to elaborate weddings. While a personal loan could offer the financial support you need to splurge on your loved ones when the cost of living is high, it’s important to consider your budget and your credit score, and to carefully compare personal loan options before you apply.

Mark Bristow -

08 Feb, 2024 -

3 min read

Home Loans

For anyone looking to secure a home loan, the stage 3 tax cuts - and the subsequent increase to your take home pay - could mean your borrowing capacity, gets a bump too.

Eden Radford -

22 Apr, 2024 -

4 min read

Home Loans

The latest APRA data shows money in offset accounts hitting a record high, while mortgage arrears continue to climb.

Eden Radford -

13 Mar, 2024 -

5 min read

Home Loans

Westpac subsidiaries St George, BankSA and RAMS have announced they will be shelving their home loan cashback incentives from next month.

Eden Radford -

03 May, 2024 -

3 min read

bnpl

BNPL companies will soon be forced to perform hard credit checks on customers. If your credit application is subsequently denied, this could negatively impact your credit score and your potential to access credit in the future.

Peter Terlato -

26 May, 2023 -

4 min read

bnpl

Not all Buy Now Pay Later (BNPL) companies run a credit check when you sign up for memberships, and these checks may not always affect your credit score. However, your BNPL activity could still make an impact on your credit history, which could affect your chances of seeing future credit applications approved. 

Vidhu Bajaj -

14 Jun, 2023 -

4 min read

Savings Accounts

While Australians traditionally go all-out splurging on gifts for Mum each Mother’s Day, this year we’ve had to tighten our belts, according to data from one of Australia’s Buy Now Pay Later (BNPL) providers.

Mark Bristow -

16 May, 2023 -

3 min read

Bank Accounts

The term ‘financial literacy’ describes the combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve financial wellbeing. A key to being financially stable, building assets and achieving personal goals, financial literacy is something everybody should have and want.

Paul Marshall -

18 May, 2023 -

7 min read

Bank Accounts

Australia’s banking industry is stepping up its war on scams and fraud, launching a new Scam-Safe Accord intended to put scammers out of business in Australia. 

Mark Bristow -

24 Nov, 2023 -

3 min read