Forty per cent of first-time home buyers are suffering mortgage stress. Fujitsu found 581,000 households were in mortgage stress, up 0.7 per cent during Febr.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Demand for short term finance from high interest pay day lenders is surging as consumers find it more difficult to access credit from the major lenders. Despite a legislated cap of 48 per cent per annum on lenders in NSW, Queensland and the ACT, many lenders are finding other ways to charge much more than this.Rob Legat from Fast Access Finance says demand has increased by 50 per cent over the last two months. Fast Access avoids the interest rate cap by selling diamonds to borrowers who then sell the item to a dealer to access cash.
