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

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

Credit card debt attracting interest charges has risen for the third month in a row in a sign an increasing number of households are struggling to get on top of their debt in 2024.

Eden Radford -

09 Apr, 2024 -

4 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 inflation figures for the March quarter, released today from the ABS, are a timely reminder borrowers cannot bank on an RBA rate cut in 2024.

Eden Radford -

24 Apr, 2024 -

4 min read

Home Loans

Bendigo Bank has just announced their digital home loan, BEN Express, now offers pre-approvals. The feature, which was delivered in partnership with Tiimely, could see some house hunters receive pre-approval within minutes.

Eden Radford -

25 Mar, 2024 -

3 min read

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

Personal Loans

If you’re aiming to clear your debts in the short-to-medium term, it might be worth considering consolidating your debts into one personal loan.

Alison Cheung -

27 Jul, 2020 -

2 min read

Personal Loans

Debt is the last thing most Australians want to talk about, despite the country owing more than $18 billion in credit card and loan debt over Christmas alone.

Alison Cheung -

30 Jan, 2020 -

2 min read

Personal Loans

Debt consolidation personal loans can be a helpful tool for those who may be finding it difficult to get on top of pre-existing loans and credit card debt.

Georgia Brown -

28 May, 2021 -

3 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

Savings Accounts

The authorities are working with retailers to help prevent a scam in which consumers are cajoled to buy gift cards to pay fake tax debts.

Nick Bendel -

12 Oct, 2017 -

3 min read

Savings Accounts

Financial wellbeing among Australians is suffering amidst mounting concerns over retirement plans, mortgages and personal debts.

Alison Cheung -

26 Feb, 2020 -

4 min read

Bank Accounts

Are you struggling with your Buy Now, Pay Later repayments? You’re not alone, according to a new BNPL report released. However, it is possible to use BNPL platforms safely and responsibly – it may just take some small adjustments.

Alex Ritchie -

15 Nov, 2022 -

5 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

bnpl

RateCity.com.au welcomes the government’s move to regulate the burgeoning buy now, pay later sector, and warns any change must protect people from accessing multiple debts they can’t afford to repay.

Laine Gordon -

21 Nov, 2022 -

8 min read