Credit Simple
Zero waste saves money. Since I vowed to reduce my waste last year I’ve saved a bucket load of money. But let’s get this clear. ‘Zero waste’ is a philosophy/lifestyle goal of reducing the amount of rubbish you personally send to landfill. No-one will be 100 per cent perfect unless they’re a Buddhist monk or a hermit. The bonus is if you cut down on what you buy for environmental reasons you spend less overall. Yay! On a personal level…
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Don’t believe you have to have a credit card. Paying interest sucks and there are other ways to pay. It sucks the lifeblood out of your finances. That’s because unless you clear your entire bill within the interest free days, you pay interest. That interest means you’re paying as much as 20% more than your mates for the same things, which may have a detrimental effect on your finances over time. Other (sometimes better) ways to pay Thankfully there are…
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Credit card usage has become ubiquitous worldwide, even among those who want to get a clear score. In Australia alone, we have accrued around $32 billion in credit card debt to date. Statistics also show that from 2010 to 2017, the average credit card purchase went up from eight purchases a month to 13. With the increase of credit card usage in Australia, there has also come additional stress. The Australian Securities and Investments Commission (ASIC) conducted a survey about…
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Protein – at least the meaty versions – is expensive. And research indicates that we’re obsessed with protein, to our detriment. Most Aussies spend far too much on that protein, by not eating and shopping consciously. It’s simple to cut the cost of a plate of food radically. First off, not all protein is created equal in terms of cost. A nice porterhouse steak for four can cost $28 for the protein alone. Even own brand sausages can cost more…
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Banking is moving into a new high-tech universe. Like many other aspects of our lives, the digital revolution is about changing the way we bank. In the future, we might even use Snapchat, Facebook, Instagram or other social media platforms for our banking with the traditional bank relegated to providing wholesale services. Here’s what I think: Right now, banks have the power Whichever way we turn there are fees, fees, and more fees. Most banks keep their shareholders very happy…
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Step One: Spend money you don’t have First of all, you probably want to spend lots of money. More money, in fact, than you’ve got in the bank. Let’s say you’ve got a good job and you’ve found a place to rent in the Sydney or Melbourne market and you’re happy with your lifestyle. Why not crank it up to the next level by moving out of your flat, buying a bigger car on HP and maybe going on that…
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Looking for a clear score but wondering if a payday loan could stop you from getting one? Payday loans became prevalent as quick fixes for Australians in the 1990s, responding to the need for small, personal loans that banks and credit unions would no longer provide. Payday loans were frequently offered to people with bad credit or who didn’t have clear scores, making the loans even more ubiquitous. A small payday loan can be up to $2,000 and has a…
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If you like your money, don’t fall victim to a holiday scam. All too many Aussies do. NSW Liberal MP Gareth Ward escaped a “terrifying” attempt to blackmail him in a New York hotel, The Australian reported. He ordered a US$100 massage and was allegedly charged US$1,000. Fake “chiefs” in Fiji were trying to sell holiday properties they didn’t own to Australians, The Courier Mail reported. The offers were “too good to refuse”. News.com.au reported that a New Zealand man…
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Welcome to Credit Simple. If you’re reading this blog, chances are you’ve found your way here after asking a search engine if our business is legitimate. Indeed, we’ve had some pretty bad reviews on sites such as ProductReview.com.au. So we thought we’d give you the low-down on myths and truths about our business, credit scores, and your rights and privacy. I think your business is a scam and you’re ‘phishing’, or conducting identity theft None of the above. Credit Simple…
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If you’re thinking about opening a joint account with a significant other in your life, or as part of a shared account between housemates or friends, tread carefully. There’s a lot riding on the responsibility of the account, and your name will be on it. In the case something negative happens, like a bill payment is forgotten or you go into unplanned overdraft, the resulting mark could end up on your credit report. It’s vital to know the credit history…
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