Category: Uncategorised

Saving for anything is always something you should plan ahead for
Credit File & Report

Saving for a Home Loan Deposit

Saving for anything is always something you should plan ahead for, especially if you are saving for a home loan deposit.

||Failing to Repay Debts||
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.

Risky Direct Debit – How to Avoid It
Credit Rating & Score

Risky Direct Debit – How to Avoid It

Nowadays, more and more Australians prefer automated payments, so that direct debit is becoming very popular. Even though they are not new, the risks of this type of debit have increased during recent years.

The Importance Of Building Relationships In Business
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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?

Retire in Asia and Spend Little on Expenses
Credit Restoration

Retire in Asia and Spend Little on Expenses

Where is the best place to retire? In Australia, the cost of living becomes more and more expensive as years go by. Studies show that in 3 decades, the number of retirees is expected to grow three times.

Debt Solutions to Fight the System
Credit Restoration

Debt Solutions to Fight the System

When you’re riddled with debt, it can seem like you are never going to get out of this position. It’s a vicious circle, and no matter what you do to escape it, something is keeping you down.

Small Financial Decisions that Help Your Status
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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.

Amending Credit Rating for Future Finances
Credit Rating & Score

Amending Credit Rating for Future Finances

In case your crediting rating is not in the best shape, there are certain methods that you can do to be able to fix it. Why is there a need to amend your credit rating? When you are young, you spend without giving it a second thought.

Credit Cards Can Benefit Credit Rating
Credit File & Report

Credit Cards Can Benefit Credit Rating

Credit cards provide convenience particularly if you have an important purchase that you need to make right away and cash on hand is not available.

Avoiding Bad Credit History Reports
Credit Rating & Score

Avoiding Bad Credit History Reports

Having a bad credit history can affect your future loan applications. If you have any intentions or plans to get a loan in the future, you might have a hard time convincing banks or any other private lenders to approve your loan.

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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.

Ways to Save Money for Retirees
Credit File & Report

Ways to Save Money for Retirees

There are a number of ways to save money designed just for retirees. As you go online, you will find surefire ways to save money,

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?

Fake Debt Collectors
Credit Restoration

Beware of Fake Debt Collectors

While it’s never pleasant to be called by any creditor regarding debt, it’s especially nasty to receive calls from companies or individuals claiming to be debt collectors.

Healthy wallet means healthy financial situation
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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.

Personal Loans – Important Facts
Credit Rating & Score

Personal Loans – Important Facts

Personal loans are designed to provide financing services to those who need immediate cash. People have different needs; purchasing a second car for some may be a form of luxury but for others it is a necessity.

Stop Paying Annual Fee - Compare Credit Cards
Credit File & Report

Stop Paying Annual Fee – Compare Credit Cards

Credit cards often charge an annual fee which can range from $15 to $500 depending on what type of card you are using. Credit card holders are encouraged to compare credit cards before they apply for any new cards.

Technology Becoming Main Factor in Financial Planning
Credit Restoration

Technology Becoming Main Factor in Financial Planning

Most people probably believe that financial advisers use the latest in cutting edge technology to show the most up-to-date information that they have at hand. In fact, technological devices such as tablets are only now becoming common place in a financial adviser’s office.

Free Credit Score – Will it be a security risk?
Credit Rating & Score

Free Credit Score – Will it be a security risk?

There are many ways to check your credit score. Most people only ever get around to having a credit check whenever they are considering taking out a mortgage to buy a home or to get a loan on a new car.

Improve your Credit Score with Debt Consolidation
Credit Rating & Score

Improve your Credit Score with Debt Consolidation

Debt consolidation is one way to manage or organize your debts which probably includes credit card debt, car loan, home loan, educational loan, personal loan and other types of loans that you have engaged in.

High Credit Card Debt due to High Rates
Credit File & Report

High Credit Card Debt due to High Rates

If you have a credit card then you probably know that the interest rates are incredibly high. You might have gotten a credit card or two for those “just-in-case” purchases but if you have ever missed a payment then you know why credit card companies are so rich.

How to Clear my Debt as Soon as Possible
Credit File & Report

How to Clear my Debt as Soon as Possible

I often say this to myself, “I want to clear my debt” but I noticed that I find myself borrowing again just to be able to pay my existing loans. I’ve been thinking about how I can clear my debt as soon as possible.

Budgeting Tips for Social Outings
Credit Rating & Score

Budgeting Tips for Social Outings

Going out often can drain your wallet. If you are trying to save up for a down payment on a home, pay off mounting debt or just so you can put more cash in to your savings account, it can be a daily struggle. Being a social person can cost a lot

Regular Credit Report Checks – Prevent Identity Theft
Credit File & Report

Regular Credit Report Checks – Prevent Identity Theft

Identity theft is a big problem for Australia. It is estimated that one in five Australians have had their information stolen at least once. Criminals have various ways of stealing your personal information. They can implement low and high tech ways of collecting your data.

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

Transition to Retirement – What it Means and Involves
Credit File & Report

Transition to Retirement – What it Means and Involves

Retirement and pension age for Australians began a little over a hundred years ago and has been evolving every since. It used to be that retirement age was far past the average life span of a worker and that when a person did reach the age where they could transition to retirement, they were expected not to work at all and just rest for the remainder of their lives.

Gen Y Worried About Their Financial Future
Credit Rating & Score

Gen Y Worried About Their Financial Future

Younger generations are not generally known for being financially responsible but Generation Y or Gen Y might be a generation that is the exception to the rule.

Avoiding Bad Credit – Lessons for the Younger Generation
Credit File & Report

Avoiding Bad Credit – Lessons for the Younger Generation

Endless money supply is everyone’s dream solution to bad credit. How we wish that money grows on trees and with no effort at all we would all be rich. But that would also mean the devaluation of money, it would be equal to nothing more than a piece of paper.

There have been a lot of changes to credit reporting over the last 18 months. While many of these changes have been welcomed
Credit File & Report

Can Repayment Information Affect My Credit File?

There have been a lot of changes to credit reporting over the last 18 months. While many of these changes have been welcomed, one has remained a point of controversy and is the subject of much talk and misunderstanding. That is the recording of loan repayment histories on credit files.

Know all facts on credit cards before signing up
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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%.

Fix Bad Credit Rating For A Clean Credit Score
Credit Rating & Score

Fix Bad Credit Rating For A Clean Credit Score

Bad marks on a person’s credit history can be there for years and can possibly hurt their chances at getting a loan on a car or increase their rates for a mortgage on a house.

Can Credit Repair Companies Really Fix Your Credit?
Credit Restoration

Can Credit Repair Companies Really Fix Your Credit?

In Australia, one in 10 individuals currently struggle with less than perfect credit. Whether it is due to missed payments in the past or taking on too many debt obligations in a short period of time, bad credit can be a challenge to overcome and can make the process of repairing a marked credit file a daunting task.

Comment: Positive Credit Reporting For My Credit File
Credit File & Report

Comment: Positive Credit Reporting For My Credit File

In 2015 Australia will begin a new system of credit reporting that will benefit those who have good credit behavior. Before it was only bad credit behavior that was reported and it would outweigh any good behavior that was not being reported on my credit file.

How Does Comprehensive Credit Reporting Affect Me?
Credit File & Report

How Does Comprehensive Credit Reporting Affect Me?

Historically, Australia has operated under a negative credit reporting system for the purpose of assessing financial and credit worthiness. This meant that an individual’s credit report only included information such as past credit enquiries, delinquencies and other major and minor financial infringements.

Get Your Budget Under Control to Stop Credit Defaults
Credit Rating & Score

Get Your Budget Under Control to Stop Credit Defaults

Getting carried away over the Christmas period is common with many people spending more than they had expected to. Christmas debts combined with the usual household expenses can make managing finances tough and left unchecked can even lead to a damaged credit file.

Regular Checks On Your Credit Report Can Help You Save Money
Credit File & Report

Regularly Check Your Credit Report To Save Money

Despite how important an individual’s credit report may be, the majority of Australians have never checked their report. Not knowing what your credit report holds can lead to paying higher interest rates on credit cards and loan accounts, and can impede your chances of getting an affordable home loan.