5 Tips to Pay off Your Christmas Debt Faster

Gino Farina Money

Heading into the New Year with your Christmas debt hanging over you is an unsettling feeling. Here are 5 key tips you can follow to save money and reduce your debt quicker, to get you off to a good start for 2019. Tip 1: Consolidate Your Debts If you’ve got multiple personal debts, consolidating them can streamline your debt into …

Be Aware of Product Comparison Sites

Gino Farina Money

Before renewing an insurance policy or signing up for a new credit card, it’s a good idea to do your homework. Many people research and obtain quotes from free product comparison websites such as iSelect, Compare the Market, Choosi, Finder, and Canstar. But what does “free” actually mean, and are their recommendations unbiased? Comparison Sites “Do Not Necessarily Provide Good …

The Ins and Outs of Lenders Mortgage Insurance (LMI)

Gino Farina Home Loans

What is LMI? Lenders’ Mortgage Insurance (LMI) is insurance that a lender takes out to protect itself against the risk of not recovering the full loan balance, if you, as the borrower, are unable to meet your home loan’s repayments. If this occurs and the property is sold, any shortfall between the outstanding loan balance and the proceeds from the …