Category: Latest News

blank
Credit Rating & Score

Does Afterpay Affect Your Credit Rating?

The introduction of shop now, pay later technology has been revolutionary in how many retailers offer payment for their products and services. It has been

does buy now pay later affect credit score?
Credit Rating & Score

CommBank & Klarna: Shop-now-pay-later can affect your credit score

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

how does credit repair work
Credit Rating & Score

Credit Repair – How Does it Work in Australia?

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.

how personal loans affect your credit score
Credit Rating & Score

How Personal Loans Affect Your Credit Score

You’ve crashed your car, you’re looking to start a new business, you have unexpected medical bills… There are so many reasons people take out personal loans, which can help pay for unexpected expenses when you don’t have cash on hand.

blank
Latest News

What to do if you can’t repay your personal loan

No one plans to fall behind on their personal loan repayments, but sometimes life can get in the way. You might have to fork out for urgent dental work, or maybe you received a speeding fine in the mail..

blank
Latest News

What Is Lifestyle Creep And How Can You Avoid It?

After years of working hard at your nine-to-five, a pay rise can seem like the perfect excuse to treat yourself. Of course you need a lavish holiday to Hawaii. And those nice leather boots — you’ve earned them!

blank
Latest News

Great Money Habits To Start In Your 20s

Your twenties are notoriously expensive. Most people are living out of home for the first time,trying to find that elusive balance between paying rent, saving for a home and maintaining a colourful social life

blank
Credit Rating & Score

Proof of Financial Hardship: Documents Needed

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

How to Get Out of the Debt Cycle
Latest News

How to Get Out of the Debt Cycle

Debt is, most of the time, a double-edged sword.If you want to know how to get out of debt, you have to know precisely how you got there.

What Makes Your Credit Score Drop?
Latest News

What Makes Your Credit Score Drop?

Before 2014, a person’s credit file only obtained information about credit enquiries and the amounts applied, and no information about whether the loan was approved or not

Bad credit if you are renting
Latest News

How to Deal With Bad Credit if You Are Renting

How do you qualify for your dream rental when you have a less-than-stellar credit history? How do you rebuild your score to get a better rate and reduce the risk of being turned down by landlords?

How To Easily Build A Good Credit Rating
Latest News

How To Easily Build A Good Credit Rating

A good credit rating makes it easier for any borrower to qualify for credit with good interest rates. So, if you want to have an affordable home mortgage or an easy-to-pay car loan, a good credit rating can make it possible.

3 Reasons Why Credit Check Is Important
Latest News

3 Reasons Why Credit Check Is Important

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.

How To Break The Cycle Of Financial Hardship
Latest News

How To Break The Cycle Of Financial Hardship

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.

What is Bad Credit?
Latest News

What is Bad Credit?

Are you really keeping up with your payment agreements? Read these 5 secret signs of a bad credit to know the truth.

Best Options for Debt Reduction
Latest News

Best Options for Debt Reduction

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.

4 Subtle Signs You Need Debt Relief
Latest News

4 Subtle Signs You Need Debt Relief

You don’t need to wait for debt collectors to come pounding at your door to realize you need debt relief.  In fact, it is sometimes necessary to organize your finances.  So how do you know when it’s time to avail of debt relief programs?

Top Tips on How to Decrease Your Debt
Latest News

Top Tips on How to Decrease 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.

How to Re-Evaluate Your Financial Properties
Latest News

How to Re-Evaluate Your Financial Properties

Analysing your rental property’s performance plays a significant role in establishing your investment goals. As always, knowledge is power, and this also applies when we’re talking about re-evaluating financial properties.

Staying on Holiday Budget
Latest News

Staying on Holiday Budget

Bags are packed, car is fuelled, and you’re ready to hit the holidays if full effect. Your only concern is blowing your holiday budget within the first week.

Paying off HECS debt
Latest News

School of Hard Knocks (Paying off Lagging HECS & OS Help Loan Debt)

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.

Confessions of the Extreme Savers
Latest News

Confessions of the Extreme Savers

Living in today’s economy isn’t all rainbows and sunshine. Housing prices are typically on the rise, while grocery shopping seems to leave you with a deep hole in your pocket

blank
Credit Rating & Score

Failing to Repay Debts

Debts can be stressful. No one wants to be stuck in a position where repayments become a problem.

The Importance Of Building Relationships In Business
Latest News

The Importance Of Building Relationships In Business

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?

Small Financial Decisions that Help Your Status
Latest News

Small Financial Decisions that Help Your Status

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.

blank
Latest News

Maximum Tax Deductions for Property Investors

A wide range of property investors fails to comprehend the large amounts of money they are entitled to claim back from the taxman, by considering depreciation of household goods, as well as building prices.

The online investment game
Credit Rating & Score

The Online Investment Game

What type of investment suits you best? Are you in search of an investment that you can easily access with your fingertips?

Healthy wallet means healthy financial situation
Latest News

Healthy wallet means healthy financial situation

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.

Credit Repair - Another Perspective
Credit Restoration

Credit Repair – Another Perspective

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”.

Making Money Online – 5 Easy Tips
Credit Restoration

Making Money Online – 5 Easy Tips

The internet is such an important part of everyday life nowadays. People spend countless hours a day on the web and that might not even include the time they are on a computer at work.

Fancy Mortgage Deals – Research before Agreement
Credit File & Report

Fancy Mortgage Deals – Research before Agreement

Today mortgage providers are now offering some incredible tempting deals. Many Australians are now being lured by these unbelievable offers prompting many experts to warn them not to be dazzled by such upfront mortgage deals

Know all facts on credit cards before signing up
Latest News

Know all facts on credit cards before signing up

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%.

Credit Providers Not Helping Their Clients
Latest News

Credit Providers Not Helping Their Clients

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.

Financial Hardship and Credit Repair
Credit Restoration

Financial Hardship and Credit Repair

There has been significant changes to the laws surrounding financial hardship over the past twelve months. These laws talk about a credit providers legal obligation to assist a client that is experiencing financial difficulties.

Credit providers charging for production documents
Latest News

Credit providers charging for production documents.

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.

Unfair Changes In New Credit Regime
Latest News

Unfair Changes In New Credit Regime

Clean Credit was recently featured on Channel 7’s Today Tonight; the topic was some of the proposed changes to credit reporting laws.Since this story went

Court Judgments and Credit Repair
Latest News

Court Judgments and Credit Repair

Approximately half of the credit file repairs we conduct for our clients each year are court actions such as Writs and Court Judgments.