| How Credit Card Balance Transfers Can Damage Your Credit Rating Since the banks and finance providers have been castigated for the way they seemingly indiscriminately awarded credit to people who could ill afford it, the chances of being accepted for loans and credit cards have decreased. Concurrently, there is a greater focus on individual's being aware of how credit works and what their financial behaviors means in terms of a credit score and history. - read more
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| Credit Card Secret Guarantee Most people use credit cards in some form or another but few truly appreciate one of the special features of credit cards that make using their credit card to insure their purchases. - read more
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| 5 Credit Killers A good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness. - read more
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| 7 things you need to know about a Hire Purchase loan There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
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| Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases Sat, 18 Apr: In a financial landscape where many lenders are raising variable interest rates by 25 basis points in response to the Reserve Bank of Australia's recent rate hikes, Rate Money has taken a different approach. The non-bank lender, specializing in loans for self-employed individuals, has opted to increase their variable rates by only 15 to 20 basis points on select loan products. This decision aims to alleviate financial pressure on borrowers facing rising living costs and inflation. - read more
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| Personal Loans Emerge as Key Tool for Financial Control Amid Rising Expenses Sat, 18 Apr: As Australians grapple with escalating household expenses and record-high credit card interest rates, personal loans are increasingly being utilized as a strategic tool for financial management. Recent analysis from Experian indicates a growing trend among consumers to leverage fixed-rate personal loans to consolidate debt and manage finances more effectively. - read more
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| ANZ Increases Fixed Home Loan Rates in Anticipation of RBA Meeting Sat, 18 Apr: In a proactive move ahead of the Reserve Bank of Australia's (RBA) forthcoming meeting, ANZ has raised its fixed home loan interest rates by 0.25 percentage points. This adjustment positions the majority of ANZ's fixed rates above the 6% threshold, with the lowest one-year fixed rate now at 5.99%. Comparatively, National Australia Bank (NAB) offers a slightly lower rate at 5.74%. - read more
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| NAB and Westpac Anticipate Back-to-Back RBA Rate Increases Sat, 18 Apr: Economists from National Australia Bank (NAB) and Westpac are forecasting consecutive interest rate hikes by the Reserve Bank of Australia (RBA) in the upcoming months. Both institutions predict increases in March and May, which could elevate the cash rate to 4.35%. - read more
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