8 May 2013
Presently it could take up to 11 years at the least, to pay off a standard Credit Card Debt … Australians owe 38 billion dollars on their credit card. The average person owes $4900 and paying back the minimum can mean it takes 11 years to pay off your debt. With much of that being interest. [...]
18 Apr 2013
Let’s talk about some of the biggest financial mistakes people make. These are some of the main reasons why people end up getting into serious trouble or need to go bankrupt. Signing up for joint debts People in couples often sign up for joint debts and if the relationship breaks up and one member of the [...]
16 Apr 2013
Have you hidden debts from your partner? Or have they hidden debts from you? The NY Times had a story recently of a young couple in the where she thought she had around $100,000 in student loan debt and told her fiancé about it before they got too serious. Unfortunately, she was too scared to [...]
22 Feb 2012
With banks pushing up interest rates regardless of moves by the RBA is it realistic to expect them to bow to the pressure of government and provide debt solution options?
12 Feb 2012
New figures from Veda Advantage have shown that requests for new credit cards over the Christmas period were down 9.9% on the previous year. Coupled with the fact that Australia has one of the highest levels of household debt relative to income, the figures partly reflect the fact that many households have reached their debt [...]
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