Finance and Mortgage Blogs
First come, first served: first home buyer scheme now open
Applications for the new First Home Loan Deposit Scheme are now open, with 10,000 guarantees available to first home buyers looking to get a leg up into the property market. Now, with 10,000 spots it might sound like you’ve got plenty of time up your sleeve to take...
I have redraw and I want to refinance?
//REDRAW IS THE BOMB // Extra repayments on your loan is REDRAW! I want to refinance but I have redraw! Can I still do it! Watch NOW! Extra repayments or redraw is...
How to avoid underinsuring your home
With Australia currently enduring its worst bushfire season on record, we all want to do our little bit to help out, so today we thought we’d discuss the important topic of underinsurance. Indeed, researchers are warning that the nation is facing an underinsurance...
Two different bank applications together
//THE TRICK THE BANKS DO NOT WANT YOU TO KNOW?// So you are in need of 2 different banks to complete the goal you have! You hit the problem that the bank you are...
Swipe right to buy your first home
A new web platform described as a ‘dating app but for home-ownership’ says it can help users enter the property market in half the time it usually takes. Mortgage Mates – the brainchild of Perth-based mates Daisy Ashworth and Jess Vesely – uses algorithms to match you...
Could you flick Netflix? ASIC updates responsible lending guidance
Could you say goodbye to Netflix to take out a loan? That’s one example corporate watchdog ASIC has included in its responsible lending update. Now, rest assured that you don’t actually have to say goodbye to Netflix to take out a loan. It’s just a “non-essential”...
What is Good Conduct and Bad Conduct – Bank statements
//FORGOT THE CREDIT CARD BILL// DANGERS HERE IN Overdrawn, Over Due, Over Limit, in Arrears, Dishonour payment, default interest, Notice! - Multiple...
Going guarantor on a family member’s loan?
Saying no to family is always difficult. But if a family member or friend asks you to become a loan guarantor, it always pays to think carefully before signing on the dotted line. Being a co-borrower or guarantor on a loan certainly has its benefits. For example, by...
When you use a broker and a bank offers you a Credit Card or personal loan
//YOU HAVE WON A CREDIT CARD ???? ???? // You have a Brillant Home Loan that a Diagnostics and Finance Broker put...
Season’s Greetings! Here’s to a prosperous 2020!
With 2019 drawing to a close, we hope you’re shifting into holiday mode and getting ready to relax and unwind (or, at least, looking forward to a few public holidays!). Hasn’t the year just flown by? It only seems like only yesterday that the RBA cut the official cash...