Online shopping has taken over in the past decade as more and more people escape onto the internet for their everyday shopping needs. You can have everything delivered to you at the click of a button, from the comfort of your couch. This is even easier now that Commonwealth Bank has partnered up with Klarna. But does Shop Now Pay Later Affect your Credit Score? It makes shopping more exciting but comes with risk
Credit repair is a term used to describe the process of improving an individual’s credit report. This can be achieved through the removal or adjustment of incorrect negative credit listings from a person’s credit file. Credit repair is a possibility in Australia, but first, it’s important to understand what could have damaged your rating in the first place.
We all know the importance of maintaining a good credit score, but sticking to it can be a different story. Sometimes you need some help with credit repair, which can seem daunting, but don’t forget- you’re not alone!
There are times when you might not be able to save money – especially when you don’t even know how to do it, or what costs to cut.
Not everyone can apply for serious financial hardship. Not getting enough money to pay your bills or to meet your daily needs wouldn’t suffice. The law set specific circumstances where individuals can take refuge from this legal exception. Serious hardship is a situation in which you can no longer pay your debts and bills. It is a relief offered by creditors and the taxation office to release borrowers from certain types of financial obligations
Is your spending pattern driving your credit score in Australia to its lowest point? Here are some tips to help you save more, spend less and earn more in the process.
Understand the benefits of debt consolidation loans for bad credit and how you can make it work to improve your credit score.
A credit check is one of the most important steps every responsible borrower can do. You can’t understand why banks and credit card companies are charging you with high interest rates and you can’t negotiate better insurance deals if you don’t know what’s inside your credit report.
Whether you’re in Australia or US, credit reporting sourced from credit bureaus serves one purpose—to represent the creditworthiness of the account holder.
If you are in a deep debt and your income is not enough to make even the minimum payment, then a debt relief strategy can help.
Are you sinking in debt and you want to get of it through debt consolidation from bad credit? debt consolidation is one of the best ways out of a financial crisis, but there are some mistakes you can avoid to get the most out of this financial plan.
The debt epidemic is so dire, with 70.19% of Australian adults owning a credit card and a national debt with roughly $32.5 interest. But, debt is
Financial stability is a lifestyle and so is financial hardship. When you make sound and well-thought-out financial decisions and exhibit consistent and responsible behavior, you have a good chance of attaining financial stability in your life.
If you’re looking for a way to pay down your debts, cover the cost of hospitalization or a car repair, a personal loan for bad credit can be your lifesaver.
We all have debts every now and then – some more than others. But how do you learn how to reduce your debt while still maintaining a decent lifestyle? How do you reduce your debt while still managing to put food on the table? Well, here are a few ways to reduce your debt.
The number of Aussies that are completely debt-free is definitely small. Even though it may appear impossible to live a debt-free existence, that is far from being accurate. So, if you want to find out how to decrease your debt, a plan of action and a strong will is all you need.
Australia’s rising student loan debt once again making life difficult for our young professionals. Graduating the school of hard knocks comes at a cost, the trick is to roll with the punches to get out from under the weight of accumulated University debt sooner rather than later.
Every business, no matter its size or field of interest, is based on relationships. Of course, no one denies that quality products and services are an essential factor for a successful company. But, in reality, aren’t these aspects contributing to strong business relationships?
Regardless of your financial situation, there are several little things that every person can do to enhance their status. While you may associate this purpose with life-changing decisions, and living on nothing but potatoes daily, that’s not necessarily the case.
What you have in your wallet can likely tell you a lot about how healthy your financial situation is. Credit cards and cash are not likely the only things in your wallet. If you open up your wallet right now and take everything out and divide it into sections then you will probably start to see a pattern.
I recently read an article about how the Australian Retail Credit Association (ARCA) had launched a fact sheet on how people could repair their own credit files if they felt an incorrect or contestable listing has been made against them. As the director of a credit repair company, the only thought I had while reading this information was “if only it was that simple”.
If you have ever used credit cards then you will undoubtedly know that the interest rates they charge on purchases are high, very high in fact. But they have actually been lowered recently. The most recent average rate on low-rate cards has gone from 13.2% to 12.95%.
It never fails to surprise me how unreasonable some credit providers can be when a client is experiencing financial hardship. What is very disappointing is how many people end up with negative credit listing such as payment default when they have already told the credit provider they are having financial trouble.
One of the first steps in helping people to restore their credit ratings is to conduct an investigation into the process the credit provider followed prior to listing the default. There is much a credit provider must comply with before they are legally able to enter a default against someone.