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debt consolidation

Party’s Over – Time for Debt Consolidation

Time for Debt Consolidation? Debt consolidation – is this something that you’ve thought about? Many Aussies are. Big Christmas financial hangover? In a recent interview, Financial Expert Paul Clitheroe highlighted the dangers of overspending in a recent ABC interview. If all the Christmas spending has caught up on the credit cards, it might be time […]

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Five Cs of Credit

The 5 Cs of Credit

  Learn about the 5 Cs of Credit When you think about it, home loans are not cheap. Even a tiny block of land worth $150K purchased of borrowed money is a large amount of money to be borrowing. From the lender’s perspective, there is every reason to ascertain the prospective borrower’s financial credibility and […]

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How interest is calculated on a home loan

How interest is calculated on a home loan

Learn how interest is calculated on a home loan Your interest rate is the backbone of your home loan. It’s the very thing that means the difference between lifelong prosperity or lifelong struggle. Unfortunately many Australian homebuyers end up paying more interest than they otherwise would. This results from a lack of proper understanding how interest […]

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What does Lenders Mortgage Insurance (LMI) mean for Australian homebuyers?

Everything you need to know about Lenders Mortgage Insurance (LMI)

Lenders Mortgage Insurance: The Sometimes Necessary Evil Lender’s Mortgage Insurance, or (LMI) is a form of insurance that protects the banks in the event the borrower is unable to make repayments on their home loan. This insurance is not be confused with regular mortgage insurance that’s made available to borrowers looking to protect themselves against, […]

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