Plenti to love about exclusive low-rate personal loan

Online-based personal loan lender, Plenti, has announced a reduction to their personal loan rates exclusively for RateCity customers with excellent credit scores. The 5.48% rate is now the lowest unsecured personal loan rate on the market.

Home loan cashback deals for May 2021

Lender's are offering Aussie borrowers a range of cash back deals on sign up, including cash, waived LMI and bonus credit card points. Let’s explore some of the home loan deals on offer for May 2021.

Does being a guarantor affect your credit score?

Everyone needs a helping hand occasionally, and you may have extended yours to help family or a partner secure finance. Whether you’ve gone guarantor on a home loan, personal loan, or a car loan, this will have an impact on your credit score.

Travel spend on credit cards back thanks to trans-Tasman bubble

Credit card usage is making a resurgence compared to COVID-lows recorded this time last year, according to the latest Citi Australian Credit Card Index. April marks the third month in a row in which credit card spend was above COVID levels.

Australians stash an extra $124 billion in the bank in the year since COVID

New figures out today from APRA show Australians have deposited an extra $124.14 billion in the bank since COVID hit. At the same time people have been stashing their cash, the interest rates offered on savings have plummeted.

Does getting married change your credit score?

Getting married is meant to be one of the happiest times of your life, so it goes without saying the last thing you’ll be thinking about is how your credit score comes into play. But before you walk down the aisle, it may be worth considering the impact on your personal finances and your credit history.

Australia’s lowest four-year fixed rate gone as Westpac hikes rates

Australia’s second biggest bank, Westpac, and its subsidiaries, have today hiked their four- and five-year fixed rates. Westpac isn’t alone, with an increasing number of lenders beginning to hike four-year fixed rates across the market, including Commonwealth Bank and Bankwest.

Bank offering lender’s mortgage insurance payment as Monthly Premium

One lender is swimming against the tide and changing the way buyers pay lender's mortgage insurance. From today, Gateway Bank mortgage customers with a deposit of at least 5 per cent will be offered a choice between standard LMI payment or instead pay a Monthly Premium.

Why a new car could save you money and April's top car loans

It’s no secret that used cars are a hot commodity in the car loan market right now, which is good news for sellers but less-than ideal for buyers. Before you hop in the drivers’ seat, it may be worth exploring the pros and cons of the affordability of both used and new cars.

What is the earliest age you can get a credit score?

Whether you’re nearing the end of school, or you’re the parent of a child who is considering applying for financial products, understanding the basics of credit scores is essential. Australian credit reports may begin at 18 years old, but there are key things to keep in mind.