Buy Now Pay Later – the hidden danger potentially stopping you from owning your own home
‘Buy Now Pay Later’ providers such as AfterPay and Zip Pay have experienced massive growth in popularity, with the number of users jumping from 400,000 to approximately 2 million between 2015 and 2018. Driven by a simple proposition whereby the Buy Now Pay Later provider pays the merchant on behalf of the customer, allowing the […]
With Three Interest Rate Cuts, Is This The Best Time to Refinance?
Are you looking at paying less interest? Some people are savvy researchers and will want to take advantage of a lower interest rate from another lender should that be available to reduce repayments. If you aim for a lower interest rate, this could potentially save you a lot of money in the long term. While […]
7 Tips For Securing A Business Loan
Work out what is realistic It’s a good idea to find and compare credit options based on the amount of money you need to borrow, how you want it supplied and the type of security you want to provide (residential, non-residential or none at all). Find a finance broker The next step is to speak […]
Small Business Finance Without The Headache
Personal Loans A relatively young enterprise that doesn’t have a track record of success may not be looked upon favourably by banks. Lending decisions for this type of situation will be based on risk. A lack of financial history doesn’t help a business loan application, so for those who still want to go through the […]
Inspiring Tips For Renovating Your Home
Kitchen renovation You can either do a kitchen makeover or a full renovation. A beautiful kitchen can add so much value in a home when you sell it in the future. It can also tap the inner Nigella or Jamie Oliver in you and inspire you to cook more at home and save you so […]
How To Avoid A Home Loan Rejection In 2019?
Maria Papa recently did an interview with SBS on “How to Improve your Chances of Getting a Home Loan in 2019?” You can find the link to the interview here. Stop UberEats, Netflix and Amazon online shopping Spend less in the 3 to 6 months before you apply for a loan. If you are one […]
Buying Land & Building A House
Documentation In addition to documentation about your finances, income and identity, your application for a construction loan needs to include the fixed price building contracts or tenders for the construction, as well as the building plans & specs so that a valuation can be performed. Further documentation will also be required before the lender issues […]