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Personal Loans Articles

Mastering Money Management: The Essentials of Personal Budgeting
Mastering Money Management: The Essentials of Personal Budgeting
Embarking on a journey towards financial stability begins with the mastery of personal budgeting. It's the cornerstone of sound money management, where every dollar is allocated purposefully, paving the way for a future free from the shackles of financial stress. In this all-important first step, individuals learn the fine art of balancing their earnings with their expenditures, a fundamental skill for anyone looking to navigate their finances with confidence. - read more
Is Refinancing Your Personal Loan Right for You? Weighing the Benefits and Drawbacks
Is Refinancing Your Personal Loan Right for You? Weighing the Benefits and Drawbacks
Have you ever heard the term loan refinancing and wondered what it actually means? Simply put, refinancing a loan involves replacing your current loan with a new one, typically to take advantage of better terms, such as lower interest rates or different repayment conditions. - read more
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

Finance News

Understanding APRA's New Cap on High Debt-to-Income Loans
Understanding APRA's New Cap on High Debt-to-Income Loans
12 Jan 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating financial risks associated with high debt-to-income (DTI) loans. Effective from 1 February 2026, APRA will implement a 20% cap on new loans where the borrower's debt exceeds six times their income. This measure applies to both owner-occupied and investor loans, reflecting a proactive approach to maintaining financial stability in the housing market. - read more
Housing Costs Continue to Top Financial Concerns for Australians in 2026
Housing Costs Continue to Top Financial Concerns for Australians in 2026
12 Jan 2026: Paige Estritori
According to Canstar's latest Consumer Pulse Report, the cost of housing remains the foremost financial concern for Australians as they head into 2026. Despite three cash rate cuts in the past year, 21% of Australians identify housing expenses, including mortgages and rents, as their primary financial worry. This marks the fourth consecutive year that housing costs have topped the list of financial concerns, with the percentage more than doubling over the past five years. - read more
The Rise of Digital Lenders in Australia's Personal Loan Market
The Rise of Digital Lenders in Australia's Personal Loan Market
12 Jan 2026: Paige Estritori
The Australian personal loan market is undergoing a significant transformation, with digital lenders now accounting for over 40% of new loan originations. This shift is driven by the rapid digitalisation of loan processes, offering borrowers faster approvals and broader eligibility criteria. - read more

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Knowledgebase
Bond:
A fixed-income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.