Megan and Creagh never thought theyd be in the position of being in $91,000 worth of debt. But fast forward a year, now the most incredible part wasnt that the debt existed, it was that they managed to pay it off in less than 12 months and save for a house deposit at the same…
When you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…
When you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…
An estimated 3 million Australians could be impacted by upcoming changes to superannuation. By now, potentially three million Australians are in the process of having life and disability insurance stripped out of their superannuation accounts. From July 1, super funds will be required to cancel default life insurance policies in funds where members have…
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Over 16 years, writer Laura Dunn racked up $US23,000 of credit card debt. For years, she didnt realise…
Consolidating debt can get you out of financial trouble — but it can also land you in a tough spot. Image source: Getty Images. Consolidating debt is the process of borrowing more money to pay off existing debt. Many people use debt consolidation as a tool to help repay what they owe and to simplify…
Consolidating debt can get you out of financial trouble — but it can also land you in a tough spot. Stack of past due bills. More Image source: Getty Images. Consolidating debt is the process of borrowing more money to pay off existing debt. Many people use debt consolidation as a tool to help repay…
If debt is impacting your finances, you may have a share of the $4 trillion in non-housing debt tallied in the first quarter of 2019 by the Federal Reserve Bank of New York. Of all household debt, $623 billion is late or overdue, the Fed found. Consolidating with a personal loan is one way to…
(Katherine Frey/The Washington Post) June 19 at 4:11 PM Skyler Ramirez has a loan for his house, his car and now his fiancees engagement ring. The 26-year-old had already picked out the diamond solitaire from Tiffany & Co., when he happened upon an ad for wedding-related loans while he was checking his credit score on…
Western Sydney University nursing student Kaitlyn Hooker. Photo: Melinda Jane Share this story For most higher education seekers, the process is simple. Pick a profession, enrol in a degree and worry about the debt later. But now, with the HECS-HELP repayments threshold dropping for the second time in two years, students may have to pay…