News about personal loans.
The versatility of personal loans makes them an attractive financial tool for Australians facing various life circumstances. Understanding the most common uses helps contextualize when these loans make financial sense as part of a broader money management strategy. Debt consolidation stands as the single most popular reason Australians turn to personal loans, accounting for approximately…
Here are 5 simple ways to ensure you repay your personal loan faster. 1. Get the lowest interest rate before you take out the loan. Quite often the first and only place borrowers look for a loan is their current bank. Here’s a no-brainer – look a little further than your bank or other banks….
I wanted to see what average personal loan interest rates had done over the last 10 years in comparison to other interest rates on loans and sources of lender funding. This is what I found after jumping on the RBA website. The impact on home loans, 90 day bank bills (government loans) and high interest…