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Personal Loans Articles

How to Boost Your Loan Approval Chances
How to Boost Your Loan Approval Chances
Getting a loan approved can be a critical step in achieving your financial goals, whether it's buying a home, starting a business, or consolidating debt. However, the loan approval process can often be complex and challenging, with many Australians facing difficulties in securing the loans they need. - read more
Essential Steps to Take Before Applying for a Loan
Essential Steps to Take Before Applying for a Loan
Before considering a loan application, it's crucial to have a clear understanding of your current financial position. Start by noting down all sources of income, including salary, any additional earnings, or government benefits. This will give you a comprehensive view of your financial inflows. - read more
Decoding Loan Interest Rates: What You Need to Know
Decoding Loan Interest Rates: What You Need to Know
Understanding interest rates is crucial when considering any loan. Interest rates determine how much you'll need to pay back over the life of a loan and can significantly affect the total cost. By gaining a solid grasp of how these rates work, you can make more informed decisions that could save you money in the long run. - read more

Finance News

ASIC's Review Uncovers Risks in Private Lending Industry
ASIC's Review Uncovers Risks in Private Lending Industry
01 Mar 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the private lending sector, revealing significant inconsistencies and potential risks. This scrutiny comes in response to the sector's rapid expansion, with private credit extending approximately $200 billion in loans, primarily to high-risk real estate developers and property investors. - read more
Record Surge in Investor Lending Raises Regulatory Concerns
Record Surge in Investor Lending Raises Regulatory Concerns
01 Mar 2026: Paige Estritori
Recent data from the Australian Prudential Regulation Authority (APRA) indicates a significant surge in investor lending, with new investment loans totaling $72 billion in the September quarter of 2025. This marks a 12% increase from the previous quarter, highlighting a robust appetite among investors for property acquisitions. - read more
Rising Consumer Credit Demand Reflects Economic Confidence
Rising Consumer Credit Demand Reflects Economic Confidence
01 Mar 2026: Paige Estritori
The latest Consumer Market Pulse report from Equifax for Q4 2025 reveals a notable increase in consumer credit demand across Australia. Mortgage enquiries have risen by 12.3% compared to the same period in the previous year, marking the most significant growth in mortgage demand observed since 2021. Additionally, personal loan demand has increased by 8.9% year-on-year. - read more

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Knowledgebase
Refinancing:
The process of obtaining a new mortgage to replace an existing one, often to secure a lower interest rate.