Predatory payday lenders are profiting from vulnerable Australians and trapping them in spiralling debt, according to a collaborative report by 20 consumer advocacy bodies.
Got retirement on your radar? A reverse mortgage can help you improve your standard of living during your golden years. Today we’ll look at how some Aussies are using them.
We’ve all heard the horror stories about a mechanically-challenged friend buying a car and it turning out to be an absolute lemon! Well, the truth is that sourcing the finance for the car isn’t all too dissimilar. But here are 12 reasons why a broker can provide peace of mind.
What is a Reverse Mortgage? Reverse mortgages let pensioners and retirees from the age of 60 convert the equity in their property into cash. No income is required to qualify but credit providers are required by the law to lend money responsibly, so not everyone will be able to access this type of loan. Although interest is charged as with …