RESOURCES
Bankruptcy and Employment
Most people don’t think about what impact bankruptcy can have on their job. Bankruptcy can impact severely on which jobs or professions you can have. What you do now, or may do in the future, for a living should be consider before filing for bankruptcy.
The Bankruptcy Act itself doesn’t restrict what types of work a [...]
Credit Card Help
Banks are under increasing pressure to provide credit card help given the current financial climate. In Australia all providers finance to consumers (not for business purposes) are signed up to the Consumer Credit Code (CCC). This is state legislation based on common principles. Under the CCC lenders need to provide “hardship provisions” or [...]
My Debts Always Seem to Go Up?
Are you in a position where your credit card balances are always increasing despite earning good money and don’t understand why! When unexpected expense come up you use credit cards, which just makes the problem worse. You may be thinking about debt consolidation or borrowing your way out of trouble? Before [...]
Debt Consolidation Calculator
This is a general purpose Debt Consolidation Calculator. It was designed so that people could compare the 3 most important points to think about when considering debt consolidation; “Repayments”, “Total Payments” and “Time to pay it off”.
Debt Consolidation Repayments
Most people associate lower payments with consolidating your debt this will enable you to determine exactly how [...]
Declaring Bankruptcy
What does Declaring Bankruptcy mean?
Declaring bankruptcy in Australia refers to the legal process for “Declaring” that you can not afford to repay your debts. There are 2 ways to go declare bankruptcy. In an effort to get some of their money back creditors may make you bankrupt (involuntary bankruptcy) through the courts. In Australia you [...]
Free Credit History
If you have been rejected by a lender for a debt consolidation loan or you’re about to apply for a loan, it’s important to know what’s on your credit history and you can actually get a copy for free. A Free Credit Report will enable you to make financial decisions based on accurate information.
Knowledege [...]
Financial Problem Dictionary
Unless you deal with debt all day alot of words will be unfamiliar. The following a is Glossary of common financial terms. We have tried to give definitions in plain english.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
Acceptance [...]
The Debt Collection Process
The Debt Collection process can be confusing and intimidating. Most people do not know what actions creditors can take, what will result from those actions and the time frames they will take place in. As it can frequently involve the court system this may lead to you feeling like a criminal, which is not the [...]
Credit History
Credit Histories have a lot of mystery and misinformation associated with them. This is because most people have never seen their own credit history and don’t know what is on it. Most of the information most people get about credit histories is from the US, which has a completely different system.
Your credit history is a [...]
Dealing with Debt Collectors
This information is designed to level the playing field when dealing with debt collectors and make it easy to complain. Dealing with debt collectors can be very stressful. You don’t know what they can and can’t do and what they can and can’t say. Debt collectors rely on this to get away with activities that [...]