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Personal Loans Articles

Pre-Approval Loans: How They Work and Why They Matter
Pre-Approval Loans: How They Work and Why They Matter
A pre-approval loan is an agreement between a lender and a borrower indicating how much the lender is willing to lend to the borrower, subject to certain conditions. - read more
The Ultimate Budgeting Checklist for First-Time Loan Applicants
The Ultimate Budgeting Checklist for First-Time Loan Applicants
Before diving into the world of loans, it's essential to understand why budgeting is crucial. Budgeting provides a clear picture of your financial status, helping to ensure you can meet future loan repayments without undue stress. - read more
Effective Credit Repair: Long-Term Strategies for Sustained Improvement
Effective Credit Repair: Long-Term Strategies for Sustained Improvement
Maintaining a good credit score is crucial for financial health. In Australia, a solid credit score can unlock better interest rates, higher credit limits, and improve your chances of loan approval. - read more

Finance News

Rising Trend: Australians Using Personal Loans for Winter Getaways
Rising Trend: Australians Using Personal Loans for Winter Getaways
20 Jan 2026: Paige Estritori
As the Australian winter sets in, many individuals are seeking warmer climates overseas. However, a growing number are financing these trips through personal loans, a trend that has sparked discussions about its financial prudence. - read more
Australia's Private Credit Market Reaches $200 Billion Milestone
Australia's Private Credit Market Reaches $200 Billion Milestone
20 Jan 2026: Paige Estritori
Australia's financial landscape is witnessing a significant shift with the expansion of the private credit market, now valued at approximately $200 billion as of the end of 2024. This growth reflects a global trend where non-bank institutions are increasingly providing direct loans to businesses, offering alternatives to traditional banking channels. - read more
Rate Money Surpasses $10 Billion in Loans, Eyes Further Expansion
Rate Money Surpasses $10 Billion in Loans, Eyes Further Expansion
20 Jan 2026: Paige Estritori
Rate Money, an Australian non-bank lender specializing in loans for self-employed individuals, has achieved a significant milestone by surpassing $10 billion in loans. Founded in 2019, the company has rapidly expanded its footprint in the financial services sector. - read more

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Knowledgebase
Mortgage:
A loan in which the borrower (the mortgagor) offers a property and land as security to the lender (the mortgagee) until the loan is repaid. Repayments of the loan are usually made on a monthly basis over a long period of time, typically 25 years.