Personal Loans and Car Loans Glossary
Annual Percentage Rate (APR): The yearly interest rate you’ll pay on the loan, including fees and charges. It gives you a clearer picture of the total cost of the loan over a year. Application Fee: Also called an establishment fee, it is a one-time fee you may need to pay when applying for a loan. […]
OurMoneyMarket Low Rate Personal Loan wins Mozo Experts Choice Award
When it comes to renovating, paying tuition fees or even organising your dream wedding, a personal loan can be a handy way to cover the costs upfront. The problem is knowing which loan product will best suit your financial needs. That’s where the Mozo Experts Choice Awards come in. For these awards the Mozo research […]
What is a VIN and Where Can I Find It?
Your Vehicle Identification Number (VIN) is a unique 17-character code that identifies your vehicle. It serves as a fingerprint for your car, providing vital information for registration, insurance, and maintenance purposes. Knowing where to find your VIN can be crucial for various administrative and service-related tasks. Where to Find Your VIN You can locate your […]
What Does The Federal Budget Mean For Me?
The Australian Government has set out the Federal Budget for the 2018/2019 Financial Year and there’s a lot to look through but let’s focus on what might have an immediate impact on you. Pensioners Under the expanded Pension Work Bonus if you are an age pensioner from July 1st 2018 you’ll now be able to […]
Interest Free Finance – Is it too good to be true?
Interest Free Loans – Would a company ever lend you money for free? Sadly the short answer is no. I’ll explain in 10 minutes how interest-free finance products work and how you’re still being charged for it. Interest Free Finance Periods This is a pretty common one when shopping online, getting a quote for home […]
Comprehensive Credit Reporting – What’s The Fuss About?
Comprehensive Credit Reporting sounds pretty boring, but it’s worth knowing about. It could have a big impact on your personal finances, including: Impacting the interest rate you’re charged when you next take out a loan. Your ability to get a loan or credit card. If you are able to refinance from a high interest rate […]
5 Luxury Destinations You Can Visit With Holiday Finance
# Maldives Have holiday finance or a holiday loan and wondering where to go? How about the unrivalled luxury, stunning white-sand beaches and an amazing underwater world making the Maldives and obvious choice for a truly memorable destination. The weather is amazing all year round. This allows you to unwind for a while, taking in […]
3 Easy Budgeting Tips That Anyone Can Do
Most personal budgeting tips/tools will advise you to focus on setting goals. I’ll quickly breakdown how they work: 1. Set a goal of how much you believe you need to save to have the “thing” you want; 2. Determine over what timeframe you would realistically like to have that “thing”; and 3. Based on steps […]
The Royal Commission and How It Affects You
Many people are getting satisfaction watching the banks and other lenders get dragged over the coals. But what many don’t realise is that the Royal Commission will likely impact you too. While the Royal Commission has been nothing but positive for the financial services industry, we haven’t seen too much written about how all of […]