Is now the time to start budgeting more than ever? Yesterday was a good time to start budgeting! Good news is that you can start at anytime. When any lender assesses your ability to borrow and afford additional finance, a major factor that needs to be considered with every application is your level of spending … Continue reading Household Living Expenditure – The Cost To Your Finance Application
To give the Australian economy a boost, the Morrison government have proposed that they will axe responsible lending laws. What Is Responsible Lending? The intention of responsible lending guidelines is to prevent consumers from signing up to unaffordable and unsuitable credit products. Credit licensees must not enter into a credit contract, suggest such a contract, … Continue reading Responsible Lending Laws To be Scrapped
Was That Shopping Spree On The Weekend Such A Good Idea? The ability to have a desired item now and not contribute a single dollar until later sounds too good to be true. Especially without any additional interest charges or exorbitant fees. The hype has even been recognised by established organisations with Latitudepay and now … Continue reading Buy Now, Pay Later – Does it affect my Credit Application?
Learn about the benefits and repercussions There are a wide range of loans available in the market. While they can assist with upfront purchases, it is important to understand their implications in order to maintain control over your financial position and protect your credit rating. This ensures you are eligible for future finance applications. There … Continue reading Should I Ever Take Out A Payday Loan?
What lenders see on your credit file and how it influences your application our credit report is one of the major components which determines whether you are eligible for finance or not. In addition it can also influence your overall repayments. The contents of your credit file will contribute to your overall credit score. Did … Continue reading How Does My Credit Report Affect My Finance Options?
