Loans

SBI home loan: 2 days left to avail home loans at ZERO processing fee from State Bank of India

March 1, 2019

New Delhi: State Bank of India (SBI), India’s banking giant, offers the facility of regular home loan, home loan balance transfer, home loan for Non-Resident Indians (NRIs), home loan, flexipay home loan, privilege home loan. According to State Bank of India, SBI home loan in 2019 includes the options for the purchase of ready built property, purchase […]

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What is the Pension Loans Scheme?

January 11, 2019

The Pension Loans Scheme allows people who are at the age pension age to apply for a loan from the government to supplement their retirement, effectively functioning as a reverse mortgage. The loan is only available to people who who own property in Australia and are at the age pension age, or the partner of someone […]

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9 Debt Agreements have serious consequences

January 8, 2019

With Australia’s household debt-to-income ratio being one of the highest in the world, individuals and families are finding it harder than ever to keep up with their repayments. Australians have debts across multiple sectors: home loans, car loans, personal loans, credit cards and more. Because the interest rates of all these debts vary, and because […]

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What is the Reserve Bank’s official cash rate and why should I care?

December 21, 2018

The Reserve Bank of Australia’s official cash rate is the overnight money market interest rate that the RBA charges on overnight loans to commercial banks. Commercial banks – such as the big four banks, regional banks, credit unions and building societies – are influenced by the official cash rate when they decide what interest rates to charge consumers for […]

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First home buyers home loan

December 19, 2018

The task of buying your first home can be an extremely daunting prospect. It is hard enough trying to save for your deposit when you’re already paying rent and other bills. To help ease the strain of your first home loan purchase it is imperative to do your homework and aim to find on of the best possible home […]

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Why it would be good if the RBA raised rates

December 13, 2018

The Reserve Bank hasn’t raised interest rates since 2010, so it will be terrible when it eventually happens, right? Well, no. Since November 2010, when the Reserve Bank increased the official cash rate to 4.75 per cent, it has gradually fallen to a record-low 1.50 per cent. As a result, banks are currently offering some of the […]

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Save $1,000 by next Christmas by doing this one thing

December 7, 2018

There’s only a few weeks left until Christmas and most Australians will already be feeling the financial pinch. If you’re kicking yourself for not starting to save your income for this holiday season earlier, why not get a head start on next year now? If you’re the kind of person who has trouble saving, avoid […]

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What To Do If You Can’t Make Your Car Payments

November 26, 2018

Whatever your specific circumstances, you’re here because paying your auto loan has or is becoming impossible. Rather than dilly-dally, let’s jump right into what you can do about those car payments. We spoke with Matt Jones, a consumer advice editor with Edmunds, a car-buying resource based in Santa Monica, California, to get some guidance. Here’s his quick explainer […]

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£40 gift card when you secure an M&S loan

August 21, 2016

If you’re in the market for a personal loan, perhaps to fund some home improvements or buy a new car, take a look at this offer from MoneySuperMarket and M&S Bank. The basics Anyone successfully applying for a personal loan with M&S Bank via MoneySuperMarket or MoneySavingExpert before December 4 will receive a £40 M&S […]

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The 5 worst ways to pay for Xmas

August 21, 2016

But when it comes to your method of payment, don’t make a rod for your own back! Here are the top five worst ways you can pay for this year’s shopping – as well as some better alternatives. 1. Payday loans Top of the blacklist when it comes to how to pay for Christmas, is […]

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