“My husband and I are parents of three children. We have worked very hard through the year to take care of some of our debt,” a woman wrote to Goodfellows. “We sometimes have enough to cover our main bills, but never enough for extras around the holiday season,” she wrote. “My children never know our…
Millions of young Brits are in danger of stepping into adulthood in debt, with one in four under-18s being tempted into credit cards before they can legally accept it. A quarter of 16-and-17-year-olds said they’d been offered a credit card or had received material around personal loans in the past – despite the fact that…
Hello Nicole, I have come across your article titled “Nicole Helps identify a good offset account”. My questions to you is: I make loan repayments fortnightly and we have an offset account (this is something I will have to investigate further after reading your article). My real concern is why doesn’t my mortgage debt level reduce every time…
The concept of using technology to help save money is not new, with Acorns and INGs apps rounding each purchase you make to the nearest dollar and sending the spare change to your investment or savings account. But theres a new kid on the block putting their own spin on the concept to help…
A SENATE inquiry into primary production financial lending has made 27 recommendations aimed at enhancing farmers powers and rights in sensitive areas like debt mediation and farm foreclosures. The six-month examination by the Senate select committee was Co-chaired by One Nation Queensland Senator and party leader Pauline Hanson, former One Nation Senator Malcolm Roberts and…
Leading debt counselling organisation Christians Against Poverty is now offering its free debt help service in Cessnock, thanks to the collaborative efforts of five local churches. New Vine Vineyards Church, the Salvation Army Church, The Vines Community Church, Cessnock Congregational Church and Beyond Church (formerly Hope Valley) have partnered form Cessnock Region Care, which will facilitate the debt…
Image copyright Getty Images Banks should end all unauthorised overdraft charges because they are trapping people in persistent debt, the financial charity StepChange has said. The organisation also wants banks and regulators to do more to identify people caught up in a “vicious cycle of borrowing”. Even where customers have admitted they are in trouble,…
Banks should end charges for unplanned overdrafts to help more than two million people escape long-term debt. That is the finding of the StepChange Debt Charity, which says people are being trapped in a vicious cycle of bank charges sending them back into the red each month, generating more charges again. The charity also says…
A SENATE inquiry into primary production financial lending has made 27 recommendations aimed at enhancing farmers powers and rights in sensitive areas like debt mediation and farm foreclosures. The six-month examination by the Senate select committee was Co-chaired by One Nation Queensland Senator and party leader Pauline Hanson, former One Nation Senator Malcolm Roberts and…
The cost of a holiday meal of turkey, stuffing, potatoes, rolls, vegetables and pie for 10 people is about $50 this year, according to the American Farm Bureau Federation. That does not include the cost of alcohol or other beverages. For consumers hosting multiple holiday gatherings through New Year’s Day, costs can quickly add up.…