Credit Simple
You’d think closing off credit cards or other accounts would boost your bankability in the eye of providers. The reality is that sometimes it can do exactly the opposite. Closing off some accounts after paying down your debt may actually lower your credit score. Take…
read more
Where do you get your credit score information? According to Australian Securities and Investments Commission (ASIC) research, many of us rely on less-than-authoritative sources. Their Financial Behaviour and Attitudes tracker found that just over a third of us use bank websites for information on financial…
read more
It’s time to give millennials a break. It’s easy to pretend younger generations don’t work hard to get a home loan, but the reality is house prices compared to income are far, far higher than they used to be. Reserve Bank of Australia research shows…
read more
The first credit card was cardboard The first independent credit card was Diners Club, founded in 1949 after hungry co-founder Frank McNamara took clients out to dinner and realised he’d left his wallet in another suit. His wife paid the bill and Frank thought up…
read more
Saving is the worst. I cannot save money. I just can’t. I look at my payslip each month and take out the rent, the food, the car, the power, the water, the gas and there’s barely enough left to pay for the odd drink after…
read more
Budgeting, planning and all the good credit habits in the world are no good if someone goes and nicks your hard-earned money. These days, though, the bad guys are unlikely to turn up with stockings over their heads and big sacks marked “swag”. Digital crime…
read more
I’m working hard to improve my credit score these days. In the past I was a bit of a bad boy when it came to paying bills – so I’ve been looking into what will kill your credit score, and fast. Real fast. Your credit…
read more
Saving money doesn’t mean saying no to dinner dates. It’s totally do-able to dine out without spending big. Here are eight tips to spending small when dining out: 1. Avoid share plates. It’s hip to share, right? Well, not when it comes to your wallet.…
read more
As a young would-be home buyer, it can be tough getting a foot (or even just a big toe) on the property ladder. To help set Aussies up for success, CreditSimple.com.au spokesperson Emily Price provides her top tips for first time buyers to get started. 1.…
read more
There’s nothing like owning a ferocious guard dog for dealing with debt collectors. Chomp, chomp, chomp. There goes the arm of that dastardly fella. Well, not really. Setting the dog on the debt collector isn’t going to solve your problems – it’ll just make them…
read moreThe information provided on the Credit Simple website is general in nature and does not constitute personal financial advice. It has been prepared without taking into account your personal objectives, financial situation or needs. Before making any decisions, it is important for you to consider your personal situation and seek appropriate tax, legal and other professional advice.