Small Loans Australia is pleased to present the latest financial news headlines.
To read an entire news item, simply click on the headline.
|Business loans on the rise while mortgage growth remains flat|
02 Jun 2022: .
Australian business loans growth accelerated in April as mortgage growth stayed consistent, with major banks growing at less than the system average according to latest RBA data. - read more
|Homebuyers up in the air despite new government home loan support|
29 May 2022: .
The government’s promise of an equity contribution will help the most disadvantaged Australians to get a home loan, but they still won't be able to afford one. - read more
|RBA lifts official interest rate|
03 May 2022: .financialservicesonline.com.au
The Reserve Bank of Australia lifted the official cash rate by 25 basis points at its meeting Today. - read more
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|Why did my Credit Score drop - and how can I fix it?|
Your Credit Rating (or Credit Score) plays a very important role in determining your eligibility to get a loan. Here we look at the reasons why your credit score may drop and some handy tips to avoid this problem. - read more
|When should I use a personal loan?|
Unsecured personal loans can really help in a pinch. If your savings are low and your car breaks down, for example, such a loan can patch up your life. Or maybe you're buying a big-ticket item and you need backup money to cover a short-term hole in your bank account. - read more
|Credit Card Secret Guarantee |
Most people use credit cards in some form or another but few truly appreciate one of the special features of credit cards that make using their credit card to insure their purchases. - read more
|Default and Reposession|
Most people would assume that a default under a loan contract means that payments haven't been made but, as you are about to learn, there are other reasons why a lender may have the right to repossession. - read more
|7 things you need to know about a Hire Purchase loan|
There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
|Business Loans: Managing interest rate risks |
"I want the protection in the current low interest rate environment but I don't want to be locked in for too long a period" - a commonly heard requirement from business borrowers. - read more
|Utilising A Chattel Mortgage for Business Finance|
A Chattel Mortgage loan is a simple yet effective finance option designed for business plant and equipment purchases. Here are six rules to consider when arranging finance for your business that will ensure that you retain full control over the loan process and save money in the process. - read more
|The Truth Behind Payday Loans|
There’s a lot been said about payday loans. Many claim that the interest rates charged are outrageous. Others say that they are the only source of finance available for those with less than perfect credit score. There is a bit of truth in both claims but there is much more to payday loans than meets the eyes. - read more
|Why Payday Lending Enhances Consumer Welfare|
Today, We’ll defy the critics and demonstrate why consumer welfare is enhanced within a competitive payday-lending environment. - read more