How to pay off your personal loan faster

When you’re looking for a personal loan, as well as asking yourself “How much can I borrow?”, you also think about how long it’s going [...]

POSTED ON December 3, 2019
How much can I borrow?

How much you can borrow, on either a home loan or a personal loan, depends on: Your total household income,Total household expenses, The value of [...]

POSTED ON November 18, 2019
Your guide to getting a great personal loan

Whether it’s for home improvements, debt consolidation, a second-hand car or the holiday of a lifetime, many Australians turn to a personal loan to help [...]

POSTED ON October 22, 2019
What does my credit score mean?

Your credit score is the rating that lenders, banks and any other institutions that may have to lend you money or enter into a contract [...]

POSTED ON October 9, 2019
Is a car loan a good option for you?

When you need a car, whether it’s your first vehicle or an upgrade to a bigger and better model, you have the choice of: 1) [...]

POSTED ON July 23, 2019
Can a student get a car loan?

For students, having a car can make life easier and can broaden your opportunities. You can drive to a job, for example, or visit your [...]

POSTED ON July 19, 2019
How a personal loan helps save you money

It’s probably just a strange quirk of human nature, but many people would prefer to use a credit card for large expenses than take out [...]

POSTED ON July 3, 2019
Personal Loan Vs Car Loan: Pros & Cons

When you’re looking for a new car, you should always think about whether you need finance to buy it and what sort of finance you [...]

POSTED ON July 1, 2019
How to get your personal loan approved

There’s no magic formula or trick to getting your personal loan application approved but there are some practical measures you can take to increase the [...]

POSTED ON May 27, 2019
Nine Bad Credit Myths, Busted

One of the downsides of people being unwilling to talk openly about money and their personal finances is that lots of myths and misconceptions spring [...]

POSTED ON May 15, 2019
How to make your home Airbnb ready

Featured Article By: Now Finance One of the most common tips in “increase your income” articles today is to get your spare room on Airbnb [...]

POSTED ON November 1, 2017
How to get on top of personal debt

For many people, getting on top of their finances can feel like a challenge. But it doesn't have to be. By making informed and responsible [...]

POSTED ON October 30, 2017
Your Personal Loan Checklist

Are you considering taking out a personal loan, but the thought of becoming overwhelmed in debt is putting you off? Well this is the right [...]

POSTED ON October 11, 2017
What is a Personal Loan?

A personal loan is money borrowed from a bank for a personal expense such as a holiday or purchasing a new car. What is a [...]

POSTED ON September 22, 2017
How to fund your retirement travel

For many older Australians, travelling during retirement is a much-deserved reward after a long career. Whether you want to buy a caravan and trek around [...]

POSTED ON June 7, 2017
How to pay for the wedding you want

A wedding can be one of the most special days of your life – but it can also be one of the most expensive. The [...]

POSTED ON June 7, 2017
Retirement savings: How to invest for your future

Retirement doesn’t come cheap. If you’re hoping to maintain a comfortable standard of living long after ceasing work, it’s worth looking into investment options beyond [...]

POSTED ON May 9, 2017
How to meet your financial goals for 2018

Are you hoping to settle your debts, save for a trip overseas or maybe start a small business in 2018? Whatever your financial goals this [...]

POSTED ON May 8, 2017
Navigate your car loan like a pro

Ready to upgrade your car, but don't want to wait for your savings to grow? A car loan could be the right choice to help [...]

POSTED ON May 8, 2017
What to consider when reducing your debt

Want to pay off your debts and regain control of your finances? Here are some options that may help. If you’re anything like the average [...]

POSTED ON May 8, 2017
What is an overdraft?

An overdraft is a kind of personal loan linked to your bank account. An overdraft works a lot like a credit card. It is a [...]

POSTED ON February 28, 2017
These personal loan rates will shock you

The personal loan market is being shaken up by new, cheaper marketplace lenders and by expensive small payday loan providers. The banks and credit unions [...]

POSTED ON February 16, 2017
Not all personal loans are the same …

A personal loan is a simple well understood product that is basically the same, no matter which lender you go to, right? Well no that’s [...]

POSTED ON January 30, 2017
What is a peer-to-peer personal loan?

In 2017, peer-to-peer lenders are expected to significantly grow their share of the Australian personal loan market. Peer-to-peer lenders are now becoming an established part [...]

POSTED ON January 3, 2017
Now I need a cheap car loan

Are you buying an older, cheaper vehicle and need a loan to help you get across the line and hand over the cash? Not all [...]

POSTED ON November 30, 2016
What is my credit score?

When comparing and applying for loans – whether it's a home loan, a personal loan or even a credit card – you might come across [...]

POSTED ON November 17, 2016
Key personal loan terms you should know

A personal loan can be a great option for financing a big purchase, whether it’s a car, a new kitchen, or a much-needed holiday. But with [...]

POSTED ON October 28, 2016
How to apply for a personal loan

With a little preparation, applying for a personal loan could be a quick and easy way to access funds. The interest rates for this type [...]

POSTED ON October 28, 2016
5 things to consider when comparing personal loans

When it comes to personal loans, there’s no one-size-fits-all option. Different loans will suit different situations, and the right loan for you will vary according [...]

POSTED ON October 27, 2016
Why a PL is probably better for you than CC?

Aussies love credit cards. There are more than 15 million credit cards on issue in Australia. There are far fewer personal loans. Yet personal loans [...]

POSTED ON August 1, 2016
Personal loans – a world of choice

The personal loan market is changing - for the better and borrowers are enjoying better products, lower interest rates and more choice than ever before.  [...]

POSTED ON July 22, 2016
Secured and unsecured personal loans

A personal loan is a tried and trusted way to finance a large purchase or consolidate and pay-off debts. Popular reasons for taking out a [...]

POSTED ON July 5, 2016
More borrowers hit trouble with their car loan

More borrowers are apparently getting into trouble repaying their car loan according to data released by Fitch Ratings' latest Dinkum ABS Index. More than 0.5 [...]

POSTED ON June 16, 2016
A personal loan for cosmetic surgery?

Some expensive payday lenders and small personal loan providers are targeting borrowers needing money to pay for cosmetic and plastic surgery. people wanting to enhance [...]

POSTED ON June 1, 2016
Do you know the rate on that personal loan?

Google has banned the advertisement of payday loans. The Consumer Action Law Centre says the loans are exploitative and that borrowers should find out the [...]

POSTED ON May 20, 2016
Personal loan and card debt is falling

Australian households continue to pay down their credit card and personal loan balances, dragging down the lenders' consumer credit balances by 0.3 per cent overall [...]

POSTED ON May 2, 2016
Big changes ahead for small personal loans

The payday lending and consumer leasing industries faces an overhaul if the Government accepts the recommendations of the Review of Small Amount Credit Contract Laws.The [...]

POSTED ON April 20, 2016
Personal loan disruptor hits a new milestone

Society One has now facilitated $100 million in personal loans since launching in 2013. Society One reported $30 million of new lending in the March [...]

POSTED ON April 14, 2016
What is a good personal loan rate?

Personal loan rates are generally lower than credit card rates but do vary widely, from nearly 20 per cent down to about 5 per cent.Right [...]

POSTED ON April 13, 2016
Car loan provider fined over repossessions

A Westpac-owned car loan provider Capital Finance Australia has had to pay $493.000 in penalties after breaching the National Consumer Credit Protection Act in relation [...]

POSTED ON April 7, 2016
I need money fast – with no security

If you need money to pay bills, consolidate debts or for any other worthwhile purpose but you don’t have any security to put up as [...]

POSTED ON April 1, 2016
Is your personal loan from a responsible lender?

Yet another lender selling small ‘payday’ loans has been caught breaching the responsible lending requirements of the Credit Act. Nimble will refund $1.5 million to [...]

POSTED ON March 24, 2016
How low can personal loan rates go?

There has never been a better time to take out a personal loan or apply for a car loan. Some personal loan rates are now [...]

POSTED ON March 18, 2016
Loan application rejected?

Sometimes a loan or credit application is rejected on the basis of a bad credit report. Both the Credit & Investments Ombudsman and the Office [...]

POSTED ON March 16, 2016
P2P is transforming the personal loan market

Peer to peer lenders are transforming the personal loan market said lending expert Troy McErvale. In a similar fashion to the way in which securitisation [...]

POSTED ON February 25, 2016
Car loan trouble ahead

Moody's Investors Service has warned that delinquencies and defaults among Australian motor vehicle loans are set to increase in 2016. The numbers of car loan [...]

POSTED ON February 23, 2016
How can I pay for my wedding?

Some couple use their credit cards to pay for all or part of their wedding. This can add thousands of dollars to the final bill [...]

POSTED ON February 22, 2016
Personal loan provider sells their loans

Macquarie Bank has acquired the personal loan portfolio of DirectMoney. DirectMoney announced that it had established a strategic agreement with Macquarie, which includes the sale [...]

POSTED ON February 22, 2016
Personal loan vs Balance transfer credit card

ME's head of deposits and transactional Nic Emery said balance-transfer credit card deals aren't rigid like a personal loan. A balance transfer credit card doesn’t [...]

POSTED ON January 13, 2016
Variable rate personal loan vs fixed rate

Personal loans can be either fixed rate or variable rate. A fixed rate loan often has set repayments and a fixed loan term. this is [...]

POSTED ON January 11, 2016
Here is a recipe for home loan disaster

According to multiple recent reports and surveys, an increasing number of borrowers are using personal loans and credit cards to fund their home loan deposit. [...]

POSTED ON December 18, 2015
How much are you spending on Christmas?

Aussies expect to spend 7 per cent more on Christmas gifts this year. The individual average spend will be about $500. ASIC MoneySmart report that [...]

POSTED ON December 16, 2015
More competition in loans is coming soon

Regional banks will be able to reduce interest rates or earn higher returns on most home, business and personal loans under new proposed rules. In [...]

POSTED ON December 11, 2015
Don’t do it – this loan will fleece you

The number of Australians turning to short-term loans - or "payday loans" - more than tripled in the past 12 months. Almost two million Australians [...]

POSTED ON December 10, 2015
New credit report rules come into force

The Australian Competition and Consumer Commission has issued new rules for the new comprehensive credit reporting system. Banks and other lenders will have access to [...]

POSTED ON December 4, 2015
P2P lenders will enter the mortgage market

Peer-to-peer lenders will enter the home loan market within the next five to 10 years said  SocietyOne co-founder Greg Symons. Consumers will drive the development [...]

POSTED ON December 4, 2015
Who has the best personal loans?

Customer-owned banking institutions like credit unions and mutual banks dominate the personal loan and car loan markets. The mutuals have been price leaders in this [...]

POSTED ON November 25, 2015
New personal loan provider selling plenty of loans

DirectMoney reported monthly unsecured personal loan settlements of $1.15 million in October 2015, up 47 per cent on September. DirectMoney has now sold personal loans [...]

POSTED ON November 19, 2015
Is risk based personal loan pricing good for you?

The Australian Securities and Investment Commission has asked GE Money to change advertisements for risk based personal loans. Risk based pricing is an interest rate [...]

POSTED ON November 10, 2015
Are these personal loans misleading?

GE Money has changed its advertising of personal loans following ASIC concerns about potentially misleading claims.ASIC said the GE Money advertisements claimed 'one of the [...]

POSTED ON November 10, 2015