Debt Consolidation

Making financial improvements for 2012

Thursday, January 12th, 2012

Sticking to twelve simple financial resolutions in 2012 can potentially save you thousands of dollars each year as well as the opportunity to redefine your financial plans.

And much of this is really just a matter of working with what you already have, by restructuring your existing arrangements so they work more effectively for you. (more…)

Is running your house running all over your budget?

Tuesday, March 29th, 2011

Regardless of whether you own or rent your property, running a home can be a costly exercise.

Notwithstanding the rising costs of energy over the last few years which has put a dent in many household budgets, there are all the other associated costs to run a house, which in combination, can keep you emptying your pockets – unless you look at ways in which you can cut down. (more…)

Beware of the risks of debt consolidation!

Friday, May 14th, 2010

In comparison to income growth, the escalation of household debt over the past 30 years has reached substantial levels.  According to the ABS, the last 18 years have seen the total amount of debt owned by Australian households to rise by almost six-fold.

These figures are not aided by the high interest repayments of credit cards of between 15-10 percent and personal loans having an average rate of 10 percent.  The burden of struggling to meet interest rate repayments can become overwhelming so the concept of consolidating these debts into your mortgage, where rates are around 7 percent, turns into a favourable option. (more…)

Non-Bank Lenders – a refreshing alternative!

Tuesday, March 23rd, 2010

2010 has turned into the year where non-bank lenders have escaped the shadow of the big banks! And with interest rates on the rise, competition is getting stronger which means consumers can gain greater value out of their loans if they do their research. (more…)

10 TIPS TO SQUEEZE THE MOST FROM YOUR HOME LOAN

Monday, November 30th, 2009

Despite the challenging economic times, borrowers still need to meet their financial obligations – including their home loan. So it’s a good time to take stock and see if you’re getting enough mileage from your mortgage.

Listed below are ten simple ways to squeeze the most from your home loan:

(more…)