The Credit Score Blog
A blog about mortgages, loans, interest rates, tips and tricks.
Want to switch home loans? Here are some top tips for refinancing
With interest rates at record low levels, we’ve seen a big increase in homeowners wanting to refinance this year.
So this week we’ll look at some of ASIC’s top tips for refinancing, plus some of our own for good measure!
Under the microscope: your micro-transactions
When it comes to paying off your mortgage, many of us are in the dark as to where we should be making significant savings. A good place to start? Cutting down on ‘micro-transactions’. The lure of micro-transactions – purchases that are low in cost and trivial in...
Having a managing agent vs doing it yourself
One of the biggest milestones you’ll encounter on your climb up the property ladder is becoming a landlord. Which means that one big decision you’ll face is whether to hire the services of a managing agent, or take on the responsibility yourself. I want to preface...
Buy now, pay later schemes putting young shoppers at debt risk
One in six customers who use payment methods such as Afterpay and Zip Pay run into financial strife. ASIC is putting the ‘buy now, pay later’ industry under the spotlight. ASIC’s first review of this evolving market finds that buy now pay later arrangements are...
A smooth sailing guide to dealing with memory loss and finance
It’s an unfortunate fact of life: as you grow older, your memory is likely to fade. While you’ll probably be forgiven for forgetting the odd anniversary, the stakes are much higher when it comes to keeping track of your finances. Most of us have watched on as a loved...
Stress tested your home loan recently? Don’t stress
Seven in 10 Australian mortgage holders have not stress tested their home loan. But don’t stress, it’s much easier to do than you think. Deloitte Access Economics’ latest report makes for pretty interesting reading. It turns out the average Australian has a...
How much does it cost to own a pet?
We thought we’d have a little fun this week and look at how much it costs the average Aussie family to own a pet. After all, two in three households have one and very few budget for them! Let’s be honest, owning a pet goes hand-in-hand with the great Australian dream...
APRA to remove restrictions on interest-only home loans
Here’s some good news to kick off 2019. APRA is removing its restrictions on interest-only home loans as of the 1st January. The restrictions were put in place as a temporary measure by the Australian Prudential Regulation Authority (APRA) back in March 2017....
Farewell negative gearing and CGT discount?
You’ve probably seen ‘negative gearing’ and ‘capital gains tax’ in the news recently. That’s because they’re set to become hot topics ahead of the next federal election. Today we’ll take a look at both. If you’re an aspiring first home buyer, negative gearing and...
Keen for a sea change? Beat the Millennial rush
Buying a house by the sea in a little known coastal town is no longer reserved for retirees. New research shows that those flocking to coastal towns are now predominately young families. Most of us have dreamt of the days when we’ll one day be able to afford a house...
Contact Us
Call
(07) 3911 1190
Postal Address
PO Box 374
Sunnybank QLD 4109