| 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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| ACCC Deepens Investigation into IAG's Proposed RAC Insurance Acquisition Sat, 16 May: The Australian Competition and Consumer Commission (ACCC) has escalated its examination of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance, moving the process into a Phase 2 review. This decision underscores the regulator's concerns about the potential for reduced competition within Western Australia's insurance market. - read more
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| Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums Sat, 16 May: Australia's insurance industry has reported a significant after-tax profit of $6.1 billion for the year 2024, marking a substantial increase compared to previous years. This surge in profitability is attributed to a combination of premium hikes and a year characterized by fewer severe weather events. - read more
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| Unprecedented Spike in Mental Health Insurance Claims Highlights Need for Prompt Payouts Sat, 16 May: Australia is witnessing an unprecedented increase in mental health-related insurance claims, prompting consumer advocates to urge insurers and superannuation funds to expedite payouts to affected individuals. - read more
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| COG Financial Services Achieves Record $4.5 Billion in Net Assets Financed Sat, 16 May: COG Financial Services Limited has reported its most robust half-year performance to date, with net assets financed reaching an impressive $4.5 billion. This milestone reflects a 7% increase compared to the same period last year, underscoring the company's resilience and strategic growth in the asset finance sector. - read more
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