Debt Management
4 Reasons Not To Borrow from Family or Friends
Posted on: 26 October, 2016 . By: Debt Fix
Borrowing money from friends or family can be a very sensitive topic, but one that might ring a familiar bell to a lot of people. Whether you’ve experienced this yourself or heard stories second-hand, situations like these can prove to be quite complicated for all those involved. Whilst the co... Continue reading
Top 5 Apps to Help Control Your Personal Finances
Posted on: 16 November, 2016 . By: Debt Fix
Have you ever wondered how much of your money goes to paying off bills? Or how much disposable income you can afford to spend without affecting your day-to-day living expenses? Organising your finances can be a time consuming and mundane process. Keeping track of your spending and expenses is not a... Continue reading
Personal Debt Agreements Still on the Rise
Posted on: 31 January, 2017 . By: Debt Fix
Overall in Australia, and especially in Western Australia, personal debt agreements are on the rise. Traditional bankruptcies have also increased, but far less so than personal debt agreements. In Western Australia, personal debt agreements have increased nearly 30 percent, while bankruptcies have i... Continue reading
How to Get Over Your Debt Hangover!
Posted on: 28 February, 2017 . By: Debt Fix
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What is a Debt Hangover? With Australia now sitting at an all-time household debt high of over $1 trillion, it’s no surprise that the FCA (Financial Counselling Australia) headlined mortgage stress as a top contributor to Australia’s “debt hangover”. The CEO of FCA went on ... Continue reading
5 Tips to get over your Debt Hangover!
Posted on: 12 May, 2017 . By: Debt Fix
With Australia now sitting at an all-time household debt high of over $1 trillion, it’s no surprise that the FCA (Financial Counselling Australia) headlined mortgage stress as a top contributor to Australia’s “debt hangover”. The CEO of FCA went on to express that 30% of Aus... Continue reading
4 Types of Debt to Avoid
Posted on: 26 May, 2017 . By: Debt Fix
In the course of our lives many of us are often forced to take our some form of loan in order to fund our daily needs. However, this can lead to a pile up of debt that creeps up on you before you even realise it. Here are four types of debt that you should avoid and ways to prevent taking out a loan... Continue reading
New Year's Resolution – Becoming Debt Free
Posted on: 29 January, 2018 . By: Debt Fix
For many people, the New Year can be a powerful motivator to make positive changes in their lives – as long as you set realistic targets that you know you can actually stick to. Resolutions tend to focus on health and lifestyle changes, which is great, but you shouldn't miss the chance to g... Continue reading
Will Getting Married Affect My Debt?
Posted on: 20 July, 2018 . By: Debt Fix
Marriage can affect your finances beyond wedding expenses, but tying the knot doesn't mean you automatically share responsibility for your spouse's past debt. You may decide to help each other out to pay off outstanding loans and credit cards, but in most cases, credit applied for by an individual ... Continue reading
Payday Loan Machines Target Australia's Most Vulnerable Communities
Posted on: 03 August, 2018 . By: Debt Fix
Despite the ongoing controversy around payday loans, lenders are continuing to find new ways to make short-term, high-interest loans more accessible to borrowers in need. Their latest strategy is automatic loan machines popping up in shopping centres in some of New South Wales' most impoverished sub... Continue reading
Should You Buy a Car When You're in Debt?
Posted on: 17 October, 2018 . By: Debt Fix
If you're already in debt, adding a car loan to the pile could create problems if it means you might struggle to meet all your monthly payments on time. But sometimes, there's no avoiding it. Here are questions to ask yourself and steps you should take before making the big decision. Do you really... Continue reading
