Personal loan news and advice

All the latest personal loan news and top tips to help you manage your personal loan.

  • Casual working arrangements hindering Aussies

    Tuesday 21 February 2012

    Casual working arrangements hindering aussies mini

    Casual working arrangements are hindering Aussies' chances of securing mortgages or personal loans, it has been argued. New figures released by the Australian Bureau of Statistics have indicated that rates of unemployment have declined recently, with just 5.1 per cent of the population out of work at the end of January. However, one in four people are still working on a casual basis and as a result are not entitled to holiday perks or sick pay, according to the Australian Council of Trade Unions. The organisation has now called for a review of the system and Unions WA's Simon McGurk told ABC News that the current employment structure is not entirely fair on casual staff. "It might mean that they have difficulty accessing housing, it can mean that they have trouble getting a personal loan," he was quoted as saying. Mr McGurk added that the purpose of the inquiry was not to eradicate this type of work altogether, but to ensure employees do not struggle to make ends meet should they be unable to attend their job for whatever reason. Have a question about personal loans? Ask the money gurus at Mozo Answers.

  • Banks 'must hand over the cash'

    Monday 16 February 2009

    Although unscrupulous lending was the principal cause of the current economic crisis, it is vital that banks open up their purses again and start lending, one expert warns.

  • Personal loans an option for remodelling

    Thursday 12 February 2009

    The starting point of any home remodelling plan should be to work out what you can afford, the National Association of the Remodelling Industry (NARI) has insisted.

  • The Good, the Bad and the Ugly Debt

    Tuesday 27 January 2009

    When organising finances, it is vital that people sort their good debt from the bad, writes personal finance expert Helena Keers.

  • Insurance 'a good idea' for debt-laden Aussies

    Monday 26 January 2009

    Australians who can envisage running into difficulty making payments on home loans, personal loans or credit cards may do well to take out insurance.

  • Christmas guilt sets in

    Thursday 22 January 2009

    One in four Aussies are worrying about the amount of cash they spent over the Christmas period, a new survey has found.

  • Couples fork out record figures for perfect wedding

    Friday 16 January 2009

    Couples around the world are risking big debts in order to pay for their perfect wedding, new figures show.

  • Westpac offers loan holiday for Lincoln customers

    Thursday 15 January 2009

    Westpac has announced a raft of measures to help Port Lincoln residents whose lives have been disrupted by the recent bushfires.

  • 'Party is over' for consumer spending

    Wednesday 14 January 2009

    As news of companies going to the wall continues to flood in and Australia teeters on the edge of a recession, JP Morgan’s money expert Stephen Walters has urged consumers to put their credit cards down.

  • Beating credit addictions

    Wednesday 24 December 2008

    With Christmas sales figures breaking records this year, some people may be asking themselves whether their desire to splurge on credit cards is becoming a problem.