by admin | Feb 10, 2021 | Masterclass, Solve Debt
When your debts become overwhelming it can be tempting to think that a debt consolidation loan is the answer. But there is a better way. Debt consolidation lenders promise to roll all of your debts into one easy repayment but here’s the downside to dealing with your...
by admin | Feb 10, 2021 | Masterclass, Solve Debt
If you cannot pay your debts, you may be considering bankruptcy, or an alternative to bankruptcy called a ‘debt agreement’. These are formal legal options available under the Bankruptcy Act 1966. You can voluntarily become bankrupt by filing a Bankruptcy Form, or you...
by admin | Feb 10, 2021 | Masterclass, Solve Debt
Credit scores are a financial grade that banks and other lenders use to work out whether to give you a loan. If your credit score is lower than 600 you will usually be rejected, but this changes from lender to lender as they all have their own criteria. Sometimes...
by admin | Feb 10, 2021 | Masterclass, Solve Debt
COVID-19 changed our lives, and many people lost their jobs or had their work hours reduced. The government provided some relief with two major roll outs – increased payments for those who were unemployed under the Job Seeker scheme. And continuing payments for...
by admin | Feb 10, 2021 | Masterclass, Solve Debt
You might be considering assessing your current loans and interest rates to see if there is room for improvement and savings. Many useful websites like Finder, Mozo or Canstar provide comparison interest rates for home loans, personal loans, credit cards, and car...
by admin | Aug 12, 2020 | Masterclass, Solve Debt
A new federal law commenced on 27 June 2019 – the Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (Cth). As set out in the Explanatory Memorandum the aim of the law is to tighten up regulation of the debt administration industry and place additional...
