How often does your credit score change?

The frequency at which your credit score changes will depend on how often a bank, lender or service provider offers this information to credit bureaus, and how often a credit bureau assesses your individual credit history and payment behaviour. 

Does breaking a lease affect your credit score?

If you break a lease early in Australia, and follow all the requirements in your lease, it should not affect your credit score - only your bank account. But if you fail to pay any final rent amounts or fees, your credit score could take a hit.

Can I transfer money from overseas into my superannuation account?

You may be wondering if you can transfer your earnings into your Australian superannuation account. The good news is that yes, you can transfer money into your super, but there are certain conditions you will need to meet.

How long after divorce can you claim superannuation?

You can file a claim for division of superannuation as soon as you divorce. However, the claim has to be filed within one year after the divorce for married couples, and up to two years from the date of separation for de facto couples.

What superannuation details do I give to my employer?

When you start a job, your employer will request you provide the details of your chosen superannuation fund. To do so, you will need to fill out what’s called a ‘superannuation standard choice form’, and provide some personal details.

Can students open a term deposit?

So, can Australian and overseas students open a term deposit? Yes, but there may be additional steps international students need to jump through to gain approval for a term deposit.

Afterpay may start credit checks: how to make sure your credit score is good enough

Some of the biggest players in the Buy Now, Pay Later space could be looking at your application with a more thorough eye, as the latest push for stricter regulations may see big names like Afterpay commence credit checks.

The home loan helping cover the cost of your solar installation

An Australian-first green initiative will see homeowners receive a discount to their home loan to install a solar energy system, thanks to a new home loan offer from loans.com.au.

How do I close a bank account?

Opening a new bank account in Australia is easy, but when you’re trying to close your bank account for good, there could be some extra hoops to jump though.

Can Centrelink access your bank account?

You may have heard stories of Centrelink accessing people’s bank accounts to check on them if fraud is suspected, but is this something it can actually do?