Personal loan news and advice - page 6

Winners announced in the Mozo Experts Choice Awards for personal and car loans

Thursday, 12 November 2020

Whether you’ve had your sights set on a new set of wheels, renovating your home, taking that road trip around the country or perhaps consolidating your debt into a low rate repayment, now might be the time to consider getting yourself a personal or car loan to reach those financial goals.But where do you begin? With so many options out there, shopping around can be daunting, but comparing loans is a must! So a great place to begin your search are with the winners of the Mozo Experts Choice Awards for personal and car loans.“We compared a massive 334 personal lending products on offer from 88 Australian financial institutions and found a vast difference in interest rates from provider to provider,” said Peter Marshall, Mozo Experts Choice Awards judge.  “Our in depth analysis highlighted why it is so important to shop around, and with a myriad of smaller online lenders out there competing for your business, you could be paying more than you need to by not comparing your options beforehand.”Personal Loan Provider of the Year

Do green loans stack up against regular loans?

Tuesday, 15 September 2020

In the current world we live in, it’s no surprise that many Aussies are looking to go green. While it’s unlikely that recycling, composting or steering away from single-use plastic will cost you an arm and a leg, other efforts come with a heftier price tag. Meet the green personal loan.  Whether you’re installing solar panels, getting a water tank or even making the switch to an eco-friendly car, these loans are designed to make your sustainable dream come true.

Open banking and how it could affect your personal loan application

Last updated Thursday, 23 July 2020

The Aussie banking industry recently introduced ‘open banking’, a new style of banking that puts customers in control of their data.

Aussie spending: Why now’s the time to consolidate your debt

Wednesday, 1 July 2020

Aussie spending has been turbulent in 2020, with the devastating effects of the bushfires into the outbreak of COVID-19.

Where to get a no interest or low interest loan during COVID-19

Friday, 12 June 2020

Felt the financial pinch of COVID-19? Taking out a no interest or low interest loan may be an option for you.

6 tips for improving your credit rating during COVID-19

Tuesday, 19 May 2020

If your income has been cut due to COVID-19, maintaining a healthy credit score might be the last thing on your mind. But factoring your financial reputation into your crisis money management could be invaluable in the future.

COVID-19: 62% of Aussies struggle with debt and some fear worst is yet to come

Thursday, 14 May 2020

There’s no doubt that COVID-19 has had an immense impact on many Aussies’ personal finances. And today, the latest numbers spoke for themselves.

Westpac offers personal loan interest-free period as COVID-19 support

Monday, 4 May 2020

Westpac has announced it will provide support to customers who’ve been impacted financially as a result of the economic fallout of COVID-19 by offering a three-month interest-free period on personal loans.

COVID-19: A quick guide to getting relief on your personal loan

Thursday, 30 April 2020

With new data from the Australian Bureau of Statistics (ABS) showing a 3% increase in the number of Australians that are currently out of a job in April 2020 compared to March 2020, many Aussies are doing it tough in the current Coronavirus climate.

COVID-19: Will a personal loan repayment freeze affect my credit score?

Thursday, 30 April 2020

Does the idea of a repayment freeze give you chills when it comes to thinking about your credit score? This recent announcement might just help.