START HERE
Get a free car loan eligibility assessment and compare offers tailored specifically to your circumstances.
Loan Amount:
$
Postcode:
All finance quotes are provided free (via our secure server) and without obligation. We respect your privacy.
Any Purpose
New car purchase
Used car buyers
Refinancing
Private sale
Dealer purchase
Any Situation
Refused by Banks
Self-employed
Bad Credit History
Low/No Deposit
No Savings History
Ex-bankrupt
All Features
Secured Car Loans
Unsecured Finance
Vehicle Leasing
Hire Purchase
Chattel Mortgage
Major Banks
Non-bank Lenders
Lo/No-doc Loans
Knowledgebase
Personal Loan:
a loan that is granted for personal use, normally unsecured and granted by a lender on the borrower's integrity and capacity to repay
Car Loans Australia :: Articles

Car Loans Australia Articles

Managing Credit Card Debt

Some people think that credit cards are free money to be used and never think of the consequences of overspending.

Now people around the country are faced with debt management to get out of debt and enjoy life again.

Learning how to consolidate debit is important and learning how to stay out of debt is even more important.

To keep your debt from spiraling even more out of control, you should consider putting your credit cards away for a while. Try to use cash to make purchases and make sure to learn how to channel your spending habits.

You’ll want to exercise restraint in spending and not buy everything you see. You should work on a monthly budget to help you control spending.

Just because something is on sale now, doesn’t mean you need to buy it now.

Don’t ever use more than 70% of your credit line at one time, that is a basic rule to be followed.

Keep your spending under control until your income goes up or you get out of debt. You don’t want to make things worse and harder on you and your family by putting yourself into even more debt.

You may also want to consider learning how to consolidate debt. This means you move the balance of all of your credit cards onto one card.

Read More


YOUR VERY OWN ONLINE BUSINESS FOR FREE??

READ MORE

This card should have a zero interest as a starting benefit or have a lower interest rate than your other cards.

Make sure you read all the fine print before you do anything, because you don’t want to miss an important fact and end up paying more money. You can compare credit card offers here.

You can also call your credit card company and try to negotiate with them and see if they can lower the interest rate on your current card.

Another alternative is to consolidate your credit card debt with a personal loan. This should mean a single monthly repayment at a lower interest rate ... but you should also take steps to avoid accumulating new credit card debt in the future.

Try to pay off as much of your debt as you can each month. This will help you save money by lowering the interest rates you are paying each month. You also may want to consider closing out some of your credit card accounts.

Make sure you aren’t applying for more credit cards just because you have no more credit available to you on your current card. You will find yourself in even more trouble if you do that. You should also be warned that you may not even get the credit card approved if you try to do this since you are wrecking your credit rating already. Try to stay away from any kind of new loans at this time, until you are out of debt.

Remember that most things you want to buy can be bought later on and you don’t need them now. Having security and money in the bank will protect you and your family.


Finance Articles

Financial Oppression
Here is why so many people are in despair and suffering emotional problems related to debt. A candid explanation of how interest affects your... read more

Why Personal Loans up to $5,000 Are No Problem, Even With a Poor Credit Rating
Approval on a personal loan of $5,000 is by no means secured easily, but nor should rejection be expected. So long as the criteria and calculations... read more

Be Credit Wise - Tips For Credit Cards In Australia
These days, life without a credit card would be hard to imagine. We have become so used to the convenience of "plastic", we don't leave home without... read more


Finance News

Personal Loans to help Australians in need: FSO
Oct 29 :: As Australia prepares to clean up following devastating fires and floods, Financial Services Online CEO, Andrew Clark, has announced a package of... read more

Small business loans to help Aussie businesses through tough times
Nov 27 :: Financial Services Online has today announced a new credit facility for Australian business customers who are seeking loans for amounts of up to... read more

Police issue warning about bank scam
Nov 20 :: Melbourne police are warning people about a scam in which fraudsters pose as bankers and ask for money.They say they cold call customers... read more