Does Debt Consolidation Hurt Your Credit?

Debt consolidation can lower your monthly payments and help you get out of debt faster, but it can also cause a minor dip in your credit score. That’s because applying for new credit — like a balance transfer card or a debt consolidation loan — triggers a hard inquiry of your credit, which temporarily lowers…

Biome secures news debt facility to support growth

Microbiome health company Biome Australia (ASX:BIO) has announced that its wholly owned subsidiary, Biome Australia Trading, has entered into a $5 million secured debt facility with National Australia Bank (NAB). The company said the new facility would replace the existing debt facility with Tradeplus24 at a significantly improved interest rate. Biome said it will use…