For non-professionals, the financial world can feel confusing and overwhelming at times, but by understanding the truth about credit, you can guarantee you keep yours in line. Credit reports cost money While accessing your credit score on a constant basis can cost you money, regularly keeping track of your credit profile is actually free if […]
Read More
Australian credit growth is on the rise. Data from the Reserve Bank of Australia shows that credit growth has risen at about the same pace as the last few years. However, not everyone is confident in how this will affect Australian consumers. “The need for knowledge is going to be greater next year, as more […]
Read More
Low doc loans are a relatively new product in the Australian mortgage market. In fact, they were only introduced to the country in 1999. Since then, low docs have revolutionised housing finance for many people across the country, allowing people to turn their home ownership dreams into a reality. However, many people are still unaware of […]
Read More
Whether you’re familiar with low documentation loans or not, the most important question to ask yourself is: Are low doc loans right for me? Fortunately, this is an easy question to answer. Are you self-employed? Do you have income and assets, but may be unable to provide the necessary financial paperwork at the time of […]
Read More
The Reserve Bank of Australia (RBA) announced yesterday (November 5) that the cash rate will remain at 2.5 per cent, unchanged from the last rate cut. RBA Governor Glenn Stevens released a statement which detailed a stabilising global economy, a decrease in financial market volatility, current low interest rates and available funding for creditworthy borrowers. […]
Read More
Are you prepared for retirement? Have you got an investment plan in place to provide for your golden years? If you haven’t sorted out an investment strategy to complement your retirement plan, then you might want to look into buying a rental property with self managed super funds loans. Investing in property with SMSF loans […]
Read More
Have you ever wondered what your credit rating is? Many of us don’t actually know how our score is faring as not everybody obtains their own personal credit report. In fact, not everybody in the country knows they can receive a copy of their credit rating. Your score is extremely important, asit can affect how […]
Read More
Many people dream of being self-employed in Australia, and it’s only natural that they do! After all, it’s a lifestyle envied by many. As a self-employed person, you can be your own boss and work the hours that you want to. As a result, you can obtain the financial and lifestyle rewards that you’ve always […]
Read More
With interest rates remaining near historic lows, many Australians are finding now a beneficial time to seek out mortgage financing. However, some borrowers, self-employed individuals chief among them, may find it more difficult to obtain the financing they need. The Australian recently reported that Jenny Boddington, chief executive at QBE Lenders Mortgage Insurance, said that […]
Read More
Some things you may not have thought of which may help you get that bargain first; 1. Look for an eager vendor A vendor under distress is the most obvious component of a cheap purchase. There is no moral high ground here– often it’s a case that the seller needs a quick disposal and is […]
Read More
