Fertility issues affect one in six Australian couples. With a single IVF cycle costing up to $10,000, more are turning to personal loans or credit cards to cover the cost.
We buy cars we can’t afford, eat in overpriced places, purchase clothes that put us into debt. Above all, we never, ever talk about our actual finances with anyone. Why?
Debt collectors can receive substantial fines for trespassing or for harassing you, so just when – and how often – can they contact you?
By the time most people are in financial difficulty, it’s too late. Open banking will help lenders identify borrowers at risk and offer better terms.
The view that HECS debt doesn’t really matter because it isn’t expensive like credit cards or car loans is dying out as the banks tighten lending to first-home buyers.
At 27 I had racked up more than $11,000 in consumer debt. I was sick of living pay to pay, and never having any money. Something had to change.
Our social security payments are so low that they trap people in poverty – it’s incredibly difficult to get a job when you’re worrying about how to put food on the table or to make sure you have a roof over your head.
We could all be affected by an economic slowdown if lenders cut back in response to falling house prices