Monthly Archives: April 2013

Balance Transfer Cards – know the pitfalls

Balance transfer cards offer a very cost effective opportunity for people with excessive credit card debt to start to remedy their debt situation slowly. These cards allow borrowers to transfer their card balances from an existing card to a new card and in the process get the opportunity to either pay 0% on their transferred debt for 6  months or...
Read more

Why can’t I consolidate all my loans into one?

We speak to many people who hold various secured and unsecured loans and they are looking to simplify their finances and reduce debt. To this end their preference is to put all their debts into a single loan. Unfortunately that desire can not always be fulfilled. The man reason is the  difference between secured and unsecured debts. Secured vs Unsecured...
Read more

Debt solutions that do not involve borrowing

Someone who is struggling with debts may not realize that no all debt solutions involve taking out a new loan. There are a number of debt solutions that are available for people who are experiencing debt problems that do not center around the application for a new loan. Selling some assets This may seem a rather obvious solution. If you...
Read more

Looking to consolidate debts before buying a home?

The desire to purchase a home and qualify for a home loan is a very common reason for why people start considering a debt consolidation loan. The idea is that such a loan would help them pay down their debts sooner and thereby be in a better position to qualify for a home loan. However there may be some unforeseen...
Read more

Debt that you ignore will not go away

Too many Aussies practice the ostrich method of debt solution. They simply put their heads in the sand and hope that all their debt problems will somehow dissipate into thin air. Others have attempted to consolidate using a personal loan and could not qualify. Therefore they start lodging debt consolidation loan applications anywhere and everywhere hoping that someone will say...
Read more