finance & realestate

How debts can affect home loan approval

Oct 6, 2014 |

Anyone intending to be buying a home in the near future needs to keep in mind that that outstanding debts will affect your ability to qualify. While you may be aware that your personal loans and credit card balances will reduce your borrowing capacity, you may not realize that the following will also affect how […more]

Be cautious of banks bearing gifts

Sep 29, 2014 |

Australian banks are becoming concerned about consumer debt levels dropping and with them the bank’s potential profit levels. According to the RBA, the average standard credit card interest rate in Australia is an eye-popping 19.6 per cent. It is no wonder that when the banks observe a drop in the average credit card balances, they […more]