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Credit News | Page 2
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One in four Australians unable to meet living costs. AUSTRALIA may be considered one of the happiest places on earth and home to some of the world’s best cities to live in, but beneath the glossy veneer, many of its citizens are starting to find it hard to make ends meet. October 2, 2011 at 12:19 pm. 4 Easy Steps to Credit Repair. 1 Getting your credit reports:. Read the rest of this entry ». October 2, 2011 at 8:09 am. Adverse Credit We’ve All Heard Of It, But What Does It Mean? If it’s been a whi...
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Credit Check Crackdown will cause harm | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/credit-check-crackdown-will-cause-harm
Credit Check Crackdown will cause harm. Australia is about to see what’s called “positive” credit reporting and it’s not all good news according the Simon Reibelt from the credit repair service www.fixingbadcredit.com.au. Positive reporting effectively means that all credit transactions will be recorded in an individuals Veda Report. This includes the specific details of all credit taken, when credit was taken, credit card limits and unfortunately repayment history. Reibelt went on to say that “whi...
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What information can be recorded on your credit report? | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/what-information-can-be-recorded-on-your-credit-report
What information can be recorded on your credit report? Under current credit reporting the following information is recorded:-. Information that may be recorded on your credit record:. Your personal details including your name, address (and past addresses), sex, and driver’s licence number;. Records of credit applications made by you in the past 5 years;. Records of some of your current loans;. Dishonoured cheques where the amount is over $100 and the cheque was presented twice;. Any discrepancies should...
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What should I do if someone says I owe an old debt? | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/what-should-i-do-if-someone-says-i-owe-an-old-debt
What should I do if someone says I owe an old debt? If someone contacts you and claims you won them money and you have no recollection of it what should you do? Http:/ www.cclcnsw.org.au. DON’T make a repayment. DON’T confirm in writing you owe the debt. DO get legal advice immediately. DO ring the debt collector/creditor and tell them that the debt is disputed as it is statute barred (which means it is more than 6 years old). The date on which the debt first arose or. The date you last made a payment or.
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Credit check crackdown | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/credit-check-crackdown
The payment history of consumers will be revealed in-depth once new legislation is passed. Consumer groups are worried that the first draft of legislation for a new credit-reporting regimen, which will widen the information kept, doesn’t address the ”fairness” of listing a payment that’s only slightly overdue or late for a good reason. 8221;Fairness is clearly a problem under the current law and they haven’t fixed the problem.” Full story. October 3, 2011 at 4:24 pm. Design your own mortgage.
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How to Avoid Bad Credit and Repair | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/how-to-avoid-bad-credit-and-repair
How to Avoid Bad Credit and Repair. As you can see, the millions reported are in debt and searching for a way to repair their credit. The solution then to avoiding bad credit and repair is to research, invest wisely, make good decisions, and budget. Being informed and educated is two of the best tools offered to us but you must allow yourself the time to do it. October 3, 2011 at 4:13 pm. Tagged with bad credit. Laquo; Credit Repair! You May Have A Bad Credit Rating And Not Even Know It. We fix bad credit.
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Credit Repair! You May Have A Bad Credit Rating And Not Even Know It | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/03/credit-repair-you-may-have-a-bad-credit-rating-and-not-even-know-it
You May Have A Bad Credit Rating And Not Even Know It. When we talk about credit repair, most of us believe that repairing our credit rating is directly related to our mismanagement of our finances, and in most cases that is true, but not always in this case…. When we talk about credit repair, most of us believe that repairing our credit rating is directly related to our mismanagement of our finances, and in most cases that is true! Many individuals that never had their identity stolen before probably sc...
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Death and taxes, is a fact of life | Credit News
https://australianfinancesolutions.wordpress.com/2011/10/02/death-and-taxes-is-a-fact-of-life
Death and taxes, is a fact of life. I THINK the penny has finally dropped – the faster you repay your debt, the less it’s going to hurt you in the long term. Suddenly, we seem to have a surge in the number of mortgage-holders making extra repayments. According to the banks, borrowers have stepped up their mortgage repayments, often by as much as $7000 a year. Two of the major banks even say 70 per cent or more of their clients are ahead in their payments. October 2, 2011 at 12:30 pm. How to fix bad credit.