Category: Tips

Top 6 Tips To Avoid Bad Credit
Bad Credit

Top 6 Tips To Avoid Bad Credit

Having bad credit can make life hard. From difficulty getting a phone contract to high interest rates for loans. Learn these key tips to avoid bad credit.

personal loans vs credit cards
Tips

Personal Loans Vs Credit Cards

The personal loans vs credit cards debate has been argued about for years. We break down both types of finance to conclude which option you should go for…

best money saving apps australia
Tips

Best Money Saving Apps Australia

Do you find it hard to saving money? Are you looking for a simple solution to help you? We break down our top 3 best money saving apps Australia!

tips to improve credit score
Credit Rating & Score

5 Tips to Improve Credit Score

Read these 5 simple tips to improve credit score. It’s faster & easier than you might think to get back on track & take control of your finances. Find out here!

what is a default judgment in court
Credit Restoration

What Is A Default Judgment In Court?

If you fail to meet the terms of a credit agreement then debt recovery in the form of a default judgment in court may be launched against you. Find solutions…

what is the statute of limitations
Tips

What Is The Statute Of Limitations?

Unpaid business invoices have to be recovered within a certain time period. Don’t risk forfeiting the payment altogether. Learn how it works in Australia…

how to check your credit score
Credit File & Report

How To Check Your Credit Score

Find out how to check your credit score here. It’s fast & easy and being aware of it puts you in the drivers seat when applying for finance!

how to save money on a low income
Tips

Save money on a low or reduced income

We all want to save money so that we can plan a better future for ourselves. We have various goals such as traveling, buying a car, purchasing our dream home – but when we have a relatively low income, this might seem impossible.

Does Checking My Own Credit Score Hurt It?
Credit File & Report

Do Credit Inquiries Damage Your Credit Score?

If you’re wondering whether or not credit inquiries can lower your credit score, the answer is ‘it depends’. While a soft inquiry will not affect your credit rating, hard inquiries can. Here’s why.

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.

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Tips

The Side Effects Of Having Bad Credit

Are you always maxing out your credit card? Do you let your bills pile up? It can be easy to do but unfortunately this activity can have a detrimental effect on your credit report. A poor credit rating might not seem like a big deal, but lenders will view any negative listings on your credit report as a red flag.

how to manage post-festive debt
Tips

3 Ways To Manage Post-Festive Debt

The holiday season is an expensive time of year. Many Aussies resort to credit to get by, but this often results in a lingering debt hangover. A recent study by Finder revealed that 37% of Aussies will still be repaying their Christmas debt in 2020. Carrying a high amount of debt can damage your credit score

how to rebuild bad credit
Credit File & Report

How do you rebuild bad credit?

With Christmas on the horizon, there is much “talk” of the tendency of many people to go into debt for the holiday. Obviously, overspending is a serious concern, especially as it can lead to bad credit. But what if you already have bad credit? How do you rebuild a bad credit score? Is there such a thing?

ways to earn extra cash this summer
Tips

10 ways to earn extra cash this summer holiday

The end of the year is always a busy time and it’s no secret that the holidays can leave us feeling a little strapped for cash. These Summer holidays, why not pick up a side hustle and see if you can bring in some extra money to help you make those ends meet?

new year financial goals
Tips

How to setup new year financial goals

With only a few weeks until the start of 2020, now is probably a good time for you to decide upon one or more New Year financial goals that you feel is/are realistic and perfectly achievable. Whether you are in a strong place financially or are struggling, it would be great to put in place at least one such goal that you can maintain

overspending on credit card
Tips

Why You Should Stop Overspending On Credit Cards

Stepping up into the world of credit cards is an exciting milestone that we often aren’t prepared for. It’s also a big adjustment. While most of us have an idea of how the credit card works before we dive in, it can be all too easy to get carried away or step back from responsible spending.

difference between hard and soft credit enquiries
Tips

The Difference Between Hard And Soft Credit Enquiries

Before you go ahead and take out a loan – whatever type it may be – it is important to shop around and make sure you are getting the best deal. Once you decide to apply for a credit product, whether that is a credit card, a loan, or a utilities application, then a credit enquiry is recorded on your file.

||tips for avoiding post festive debt||
Tips

Tips to avoid post-festive debt

Christmas is notoriously expensive, and costs can start piling between end of year celebrations and Christmas shopping. Those without enough cash saved will often resort to credit to tide them over. But this can result in a post-festive debt hangover that lingers well into the new year.

money saving tips for share houses
Tips

Money saving tips for sharehouses

Bessie Hassan Sharehouse living has its ups and downs. Whether you love or loathe your housemates, there’s one thing everyone can agree on: being broke

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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..

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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!

credit repair tips to fix mistakes||credit repair tip to save more||too-much-shopping||||
Credit Repair

Credit Repair Tips

Credit repair is not a piece of cake-but there are things you can do to bounce back from your past credit mistakes.

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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

"Happy Couple Holding House Key After Getting Home Loan."||"Young Happy Lady Securing Finance"||"Enthusiastic Male Looking To Improve Credit Score"||"Confident Older Lady. Looking To Improve Credit Score"||||||
Credit File & Report

How To Improve Your Credit Score

If you’ve got a bit of a guilty conscience when it comes to your credit history, you’re not alone. Around  2.7 million Australians avoid checking their credit report for fear of having a bad credit score.

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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 Repair Credit After Bankrupt
Tips

How to Repair Credit after Bankruptcy

Bankruptcy is a painful learning experience that reminds us that we messed up with the way we managed debts. But, just like everyone else who stumbled, it is a reminder that we should get back on our feet, shrug off the momentary embarrassment and move forward to a better financial future. Fortunately for you, there are measure which can help in repairing your credit after bankruptcy.

Are there Easy Ways to Fix Credit?
Tips

Are there Easy Ways to Fix Credit?

Many people are looking for easy ways to fix bad credit simply because a bad credit score will disqualify you for almost anything. Luckily, a few debt management techniques and lifestyle changes can help you improve your score.

How to Deal with Defaults to Boost Credit Score
Tips

How to Deal with Defaults to Boost Credit Score

A credit score is a number that represents your repayment habits, credit history, credit mix, and how you manage your debts. In short, there are various factors that credit bureaus consider aside from your outstanding debts and how good you are at paying them on time. A credit score speaks so much about your credit worthiness or your ability to repay your debts.

Remove Judgements from My Credit File
Tips

Remove Judgements from My Credit File

If you have unpaid defaults, it will be marked on your credit file or result in court judgements. Not making minimum payments on your credit card or missing payment schedules for loans without speaking to the company or lender about coming to some payment arrangement for payment could damage your credit score

How Can I Improve My Credit Rating
Tips

How Can I Improve My Credit Rating

If you have taken credit for any reason and you were unable to pay on time, then you’re probably one of the borrowers with less stellar credit rating. And so, you might be asking yourself, “How can I strategise debt management to give my credit rating a boost?”

Prevent destroying credit rating
Tips

Tips To Prevent Destroying a Couple’s Credit Rating

Are you a financially aware but your spouse hates saving? Conflicting opinions on money are one of the most common reasons of fighting between couples. Here are tips to save money and boost your credit rating without fighting over money.

Student Spending Tips
Tips

Student Guide: Money Saving Tips To Improve My Credit File

There are three major reasons why a person’s credit score goes down. Having too much debt, not paying bills on time and leaving errors on the credit file undisputed. The bottom line is, you’re overcharging your credit accounts and underpaying them. If money is the issue—then, it’s time to do some saving up.

Financial Hardship: What You Need To Know
Credit Repair

Financial Hardship: What You Need To Know

Life happens, and sometimes it can take an unexpected turn. You are suffering from financial hardship if you are struggling to make ends meet, and finding it hard to pay your utility bills or to meet your loan repayments because of the following circumstances:

Credit Card Scam
Credit File & Report

How To Spot A Credit Repair Scam

When you are desperate, you are more vulnerable to scams of credit repair and dodgy money lenders whose sole purpose is to take advantage of you. Such a credit repair scam can cost you thousands of dollars, and if the service fooled you once, it will fool you again.

What Borrowers Need To Know About The Statute of Limitations
Tips

What Borrowers Need To Know About The Statute of Limitations

Debts do expire. After a certain period of time, creditors can no longer recover the money they lent you. While the list of statute of limitations is not a solution to your credit issues, it can protect you from unlawful actions of creditors and unnecessary entries in your credit report.

Extreme Ways to Raise Your Credit
Tips

Extreme Ways to Raise Your Credit

If you just had a poor credit because of foreclosure and you got horrible collection notices on your doorstep, don’t worry. There are still some drastic measures you can do to give your credit score its much needed bump.

Fix Your Credit with Your Own Money in a Secured Loan
Tips

Fix Your Credit with Your Own Money in a Secured Loan

You may have heard it all the time, “If you want to build your credit, get a secured card”. If you have zero credit or you want to build a damaged one, secured card is a fantastic way building a good financial history. There is also a 100% chance of approval because a secured card is safeguarded by a deposit which also works as your credit limit.

When NOT to Opt for a Balance Transfer
Tips

When NOT to Opt for a Balance Transfer

Can you always save money on credit card interest with a balance transfer? The answer is, “No”. Sometimes, it’s better not to move your balance because doing so can put you in worse financial condition.