Why Payday Loans do More Harm Than Good

Why Payday Loans do More Harm Than Good

A payday loan can appear to be a convenient solution to a short-term financial problem. In November 2019, ABC News cited a report put together by, among others, the Consumer Action Law Centre, stating 1.77 million Australian households had taken out 4.7 million payday...
Comprehensive Credit Reporting (CCR) in Australia

Comprehensive Credit Reporting (CCR) in Australia

Australia continues to use comprehensive credit reporting (CCR), which was made mandatory for the big four banks back in July 2018, and optional for other lenders. This was a significant change in how the big 4 banks and other lenders add and share information with...

What Affects Your Credit File?

Checking your credit score and report should be considered a ‘must do’ prior to applying for any type of credit. From large credit applications such as a mortgage or a MacCredit loan, down to mobile phone contracts and utility bill accounts, your credit...

How Can I Check My Credit History?

Your credit history can be a hugely influential part of your life. It will be checked on numerous occasions throughout our lives, and not just when we apply for a mortgage, a new credit card, or want to take out a mobile phone contract. Your credit history holds a...

What is a Personal Loan and How Can I Get One?

If you are considering undergoing a medical procedure or need to pay for upcoming medical treatment, a personal loan is a great solution that may help you cover some or all of the cost. Different Types of Personal Loans In general, different types of personal loans...

Are Interest Free Loans Really Free?

If you ever see a loan advertised as interest free, it is understandable that you would find such deals attractive. While these loans might seem attractive at face value, and generate a lot of interest and enquirers from customers, is there really such a thing as an...