Credit Score

Shoppers find the buy now, pay later services quite attractive but before you jump in, you should know how these services work and if they impact your credit score.

Vidhu Bajaj -

15 Mar, 2024 -

5 min read

Credit Score

Is there such a thing as 'good debt' and what could it mean for your financial future?

Mark Bristow -

16 Feb, 2024 -

4 min read

Credit Score

Being mindful of your financial habits can make a big difference to how easy or hard it is to keep your credit score at the top end of the band. Here are four of the top ways to maintain or grow a good credit score:

Mark Bristow -

15 Feb, 2024 -

4 min read

Home Loans

Choosing your mortgage provider can sometimes involve as much research as locating your ideal property. After all, you wouldn’t purchase the first property you saw without looking inside, so why would you treat your mortgage this way?

Alex Ritchie -

05 Mar, 2024 -

6 min read

Home Loans

When applying for a home loan, all your current debts are taken into consideration. So, what’s the impact of your Afterpay account on your home loan application?

Vidhu Bajaj -

19 Jul, 2023 -

6 min read

Home Loans

If you already have a home loan, and also owe money on credit cards, personal loans or car loans, you may be figuratively drowning in debt. Juggling the repayments on multiple loans can be challenging at the best of times, and if your financial circumstances were to suddenly change, such as if you lost your job or suffered a prolonged illness, you could be at real risk of defaulting on one or more debts.

Mark Bristow -

05 Jun, 2023 -

6 min read

Credit Cards

If you’re wondering which of your debts to pay off first, there are two popular schools of thought: pay the debt with the highest interest rate first or pay the smallest debt first.

Alex Ritchie -

08 Aug, 2023 -

4 min read

Credit Cards

When credit card debt starts accumulating, you could consider a balance transfer, where you roll your debt onto a card charging low or no interest during its introductory period so you can pay it off quicker. However, you’ll also need to consider the card’s revert interest rate in case you don’t pay off your debt during the introductory period.  

Mark Bristow -

30 May, 2023 -

3 min read

Credit Cards

It may be worthwhile paying off your credit card debt before buying a house, as this may make your mortgage application look better to a lender, and potentially improve your credit score.

Alex Ritchie -

12 Jul, 2023 -

5 min read

Personal Loans

Many banks won’t allow borrowers to use a personal loan to pay tax debts. However, it may be possible to get a loan to help cover your other expenses while you concentrate on repaying what you owe to the Australian Taxation Office (ATO).

Mark Bristow -

21 Dec, 2023 -

3 min read

Personal Loans

Choosing between a personal loan and a credit card can be a tough financial decision. Let’s explore whether a credit card or a personal loan may be better for your specific financial goals. 

Alex Ritchie -

13 Dec, 2023 -

4 min read

Personal Loans

Debt detox - How to clear your debt. Shake your spending habit with the following guidelines: Consolidate your debt with a personal loan, make a debt diary, check in to debt rehab, eradicate binge buying.

Laine Gordon -

17 Jan, 2008 -

3 min read

Car Loans

You can obtain a legal report, providing essential information, indicating whether the vehicle is stolen, declared as a write-off, or has any outstanding finance owing, among other details.

Peter Terlato -

20 Oct, 2023 -

5 min read

bnpl

Bundll is a buy now, pay later (BNPL) service that lets you shop for up to $1,000 at any retailer (whether online or in-store) that accepts Mastercard. However, unlike other BNPL services, bundll is designed to pay for your everyday purchases by clubbing your weekly spends into a single bundll that can be paid off in 14 days, without any interest.

Jodie Humphries -

29 Jun, 2023 -

6 min read

bnpl

Zip Co, which offers Zip Money, and Afterpay are two of the more popular Buy Now, Pay Later (BNPL) service providers but their fees, lending criteria, and repayment terms vary.

Vidhu Bajaj -

19 Jul, 2023 -

5 min read

bnpl

Deferit is a buy now, pay later (BNPL) platform with a difference. Instead of facilitating retail purchases, it pays your bills on time while allowing you to pay them off in four equal fortnightly instalments without any interest. The service is available for a monthly subscription fee for months when there is an active bill.

Vidhu Bajaj -

03 Jul, 2023 -

6 min read

Infographic

Are you a reckless spender or do you always pay your debts?

Bank Accounts

If you find yourself struggling with an outstanding debt, at some stage you could be contacted by a debt collector. In this situation, remember that both debtors and debt collectors have rights and obligations. For example, a debt collector cannot take money directly from your bank account or salary without a court order.

Mark Bristow -

06 Dec, 2022 -

2 min read

Superannuation

It is possible to use the money in your superannuation fund to help cover the cost of your mortgage in certain circumstances, such as if you’re retiring or are in financial hardship. However, accessing your super fund early can make a big difference to your retirement lifestyle. 

Mark Bristow -

21 Jul, 2023 -

4 min read

Savings Accounts

It's a New Year and the festive season has left your bank account scant of savings, or worse, bloated with debt. So what do you do? Here's our guide to getting on the right path to pay off debts, and start saving in 2013.

Laine Gordon -

06 Jan, 2013 -

3 min read