Christmas is around the corner and your budgeting has gone to plan, so what is the cheapest way to borrow – signing up for a personal loan, drawing down on your mortgage, opening a credit card, or taking out a payday loan?
Paul owes $21,000 in personal loans. He plans to travel overseas then declare bankruptcy on his return. So what does Paul Clitheroe think of this plan?
Were you late paying a credit card bill two years ago? It could soon come back and bite you, especially next time you want to take out a loan.
The number of Australians failing to keep up with their car loans will continue to rise, with those living in mining centres most likely to fall behind on their payments.
If there was ever an issue that could help you make or save some serious coin, then this is it. It’s our annual Best of the Best edition.
While new protection laws for short-term and small-amount loans (including payday loans) kicked in on March 1, 2013, Adam Mooney, the CEO of Good Shepherd Microfinance, says “unscrupulous finance providers” continually find ways to get around the legislation.