Monthly Archives: July 2014

The truth about debt

Debt is a four letter word in more ways than one. However one should not tar all debt with the same brush. Some debt is actually positive and if taken on responsibly, can make the borrower financially independent over time. Lets consder some of the most common debt misconceptios that we as a sociaety live with. One should aspire to...
Read more

Payday loans, credit cards, and other unsecured debts

If you are a property owner, you have little reason to complain about the costs of your mortgage. Variable mortgages interest rates are at historic lows. However it is the fixed mortgage rates that have realy suirprised many people. It is difficult to  remember a time when you could fix your mortgage for a period of 5 years at a...
Read more

Top credit card lessons for the kids

Anyone with teanage children has much to worry about. We worry about rampant drug taking. The economic future of our great country is uncertain. There is the question of whether they will ever be able to find work or be able to afford to purchase a home. However before many of these concerns, stands the concern of being able to...
Read more

Cash loans are not a debt solution

It can be difficult finding a lender that is prepared to offer an unsecured debt consolidation loan when you have some bad credit or difficulties proving your income. That is a well known problem, however just because smaller lenders may be prepared to offer a short term cash loan or what they call a personal loan over a period of...
Read more

Is a Personal insolvency agreement right for you?

A Personal Insolvency Agreement (PIA) is a legal solution available to Aussies who are effectively insolvent and are looking for assistance with their unsecured debts. The individuals who would be well positioned to consider this form of debt assistance are unlikely to be able to borrow money to repay debt obligations as they are probably considering bankruptcy due to unaffordable...
Read more