Loans
Personal Insolvency Rates Fly High
Posted on: 09 June, 2017 . By: Debt Fix
Recent data published by The Australian Financial Security Authority, suggests that total personal insolvencies in the March quarter of 2017, saw a 10.8% increase compared to that of last year. The 7,900 new personal insolvencies ranged from all categories including bankruptcies, debt agreements and... READ MORE
4 Main Reasons for Loan Rejections
Posted on: 15 August, 2017 . By: Debt Fix
What Are Some Reasons for Rejection of Loan Application? Applying for loans can be a hard and tedious process that requires a lot of time and perseverance. That’s why when loans get rejected, it can be very frustrating and discouraging. It is important to know and understand the main reasons ... Continue reading
How to Get Approved for a Loan
Posted on: 22 June, 2018 . By: Debt Fix
Whether you're applying for a mortgage or a personal loan, you need to have some assurance that your request will be approved. Not only is a loan rejection disappointing and demotivating, it could also make it harder to get approved from other lenders, as the rejection may show up on your credit rep... Continue reading
'Bank of Mum and Dad' Is Now a Top 10 Lender
Posted on: 17 August, 2018 . By: Debt Fix
Rising house prices and stagnant salaries are causing more Australians to rely on their parents for help when financing their first homes. A recent study by Digital Finance Analytics found that the 'Bank of Mum and Dad' now finances over $20 billion worth of home loans and deposits nationwide &ndas... Continue reading
What Are the Alternatives to Payday Loans?
Posted on: 16 September, 2019 . By: Debt Fix
With consumer debt continuing to rise, more Australians are relying on payday lenders as a quick fix when they need some extra cash. These lenders offer small amount loans to people who might be refused a traditional bank loan because of their circumstances. Of course, like everything that sounds t... Continue reading
