Credit Simple News

Women are better money managers than men, with lenders believing they are a safer bet to repay their debts, the latest snapshot of Australia’s credit scores and financial attitudes has found. Credit Simple’s annual State of the Nation Report shows that women have higher credit ratings in almost every city and region in Australia. This is despite the gender pay gap, and despite men thinking they are better at juggling money than women. Credit Simple CEO David Scognamiglio said 65…

You may have seen us on your TVs or screens recently – and it’s true, we’ve had a few media appearances recently! In case you missed it, why not check out the videos? CREDIT RATINGS New laws will allow Queenslanders to use their credit rating to potentially save on home or car loans. #9News | http://9News.com.au Posted by 9 News Queensland on Tuesday, October 9, 2018 Channel 9 News David, our CEO, shares insights into how your credit score can…

Aussies seem to be having a hard time budgeting, so we just released an online budget tracker to help solve that problem. It’s called Money Simple, and just like Credit Simple, it’s online and free. You can access Money Simple by logging in to your Credit Simple account or signing up with Credit Simple, and clicking on the Money Simple tab. It pulls in information from all the major banks, so you can see your spending information in real time.…

Today we announced we’re launching Clear Name, a sister business to Credit Simple, which is going to give Aussies a way to clear outstanding defaults at a discount. Clear Name is an Australian first, and it’s designed to give people a chance to pay off unpaid defaults online and at their own discretion. People will be able to access Clear Name through Credit Simple. We reckon Aussies deserve the best shot at living a healthy financial life, so we’re calling…

Young Aussies in Queensland are more likely to be in the market to own their own home than any other state, according to our research.  We’ve looked at mortgage application data (from January – June 2017) broken down by region, and it shows Queensland has the highest proportion (17 per cent) of mortgage applications among people under 30 in Australia, compared to making up only 15 per cent of all applications nationally. Queensland is followed closely by Western Australia (16 per cent)…

We’ve done a new study and discovered that men are almost twice as likely to have a credit card default on file than women, which can seriously affect their ability to access credit and negotiate better deals. The analysis looks at Aussies’ credit card defaults over the past five years and shows men account for a whopping 64 per cent of defaults, while women represent 36 per cent. Meanwhile, women are more likely to fix up a credit card default…