How To Spot the Difference Between Needs and Wants

In our “Make Credit Work For You” post this week, we have a great article from Savingsguide Australia. Just subscribing to this blog alone will give you some invaluable tips you can use to help you rise to greatness with your finance goals. The article today is “How To Spot the Difference Between Needs and Wants.” If you have decided to live a life of frugality and perhaps have heard of the concept of Affluenza (when too much is never enough), then you will know a bit about the distinction of wants [...]

2017-09-05T05:25:12+00:000 Comments

Rising menace of extreme identity theft looms

Technology law expert Profressor Faye Jones and University of South Australia law lecturer Dr Clare Sullivan warn that the rising menace of extreme identity theft looms large. In a UniSA law seminar ‘Extreme identity theft: an international challenge’ they spoke about the ongoing threat of identity theft. We look at their release to the media on this fascinating topic. They implore people to understand how valuable their personal information is, and to guard it accordingly. No one wants to end up a victim of identity theft, and have their credit file misused. [...]

2017-09-05T05:25:12+00:000 Comments

Don’t launch a cyber-assault on Australian businesses – just look in their rubbish bins.

Media Release Don’t launch a cyber-assault on Australian businesses - just look in their rubbish bins. 21 February 2013 The identities of thousands of Australian consumers could be at risk every day through simply having their personal information dumped into the rubbish bins of Australian businesses, and a consumer advocate for accurate credit reporting says this practice is an appalling oversight when personal information has become so valuable to fraudsters. The National Association of Information Destruction (NAID-ANZ), which is the peak body for the secure destruction industry, recently hired a detective agency [...]

2017-09-05T05:25:12+00:000 Comments

Threat of identity theft looms as business cyber-assaults take new form.

Media Release Threat of identity theft looms as business cyber-assaults take new form. 20 February 2013 The ramping up of efforts by fraudsters to go after Australian businesses holding personal information could contribute to a greater risk of identity theft and subsequent credit fraud for Australian consumers, warns a consumer advocate for accurate credit reporting. Yesterday new Attorney-General, Mark Dreyfus QC advised that recent national survey results for more than 250 major businesses show cyber-crime is becoming increasingly targeted and coordinated, with one in five businesses experiencing one in the last year. [...]

2017-09-05T05:25:12+00:000 Comments

Credit cards: The real deal on choosing the plastic fantastic.

Credit cards are not always bad, but you have to make sure you get the right one that fits you and your lifestyle. It’s important to read the fine print before you decide on a credit card. Avoid getting enticed by rewards and low interest periods, and take the time to understand what you can afford so you can choose the card that is right for you. That’s the key point to avoid bad credit history through credit card debt and make credit work for you. By Graham Doessel, Founder and CEO [...]

2017-09-05T05:25:12+00:000 Comments

Small business finance regulation deferred

It seems the controversial draft legislation regulating small business finance has been deferred – with the Government now saying it wants to take the time to get reforms right. This follows a barrage of criticisms from business groups that the new laws would make it much harder for small businesses to get funding. By Graham Doessel, Founder and CEO of MyCRA Credit Rating Repair and www.fixmybadcredit.com.au. The Government's Christmas 'surprise' for small businesses in the form of draft legislation to regulate commercial lending certainly met some criticism in the lending and small business sector. The legislation proposed [...]

2017-09-05T05:25:12+00:000 Comments

Credit rating self-checks essential for prospective home buyers

Media Release Credit rating self-checks essential for prospective home buyers. 19 February 2013 A credit rating self-check should be top priority for prospective home buyers before finance application to ensure ‘surprise’ bad credit doesn’t mean they lose their dream home, according to a consumer advocate for accurate credit reporting. CEO of MyCRA Credit Rating Repair, Graham Doessel, says a credit file check will reveal any adverse listings which will lead to credit refusal. “Home buyers should ignore their credit file when applying for finance at their own peril. In many instances it [...]

2017-09-05T05:25:12+00:000 Comments

Found your special someone this Valentine’s Day? 7 tips for joining finances

Happy Valentine’s Day to all the lovers out there!  If you are one of the lucky ones that has found that right person for you, then you may be looking at joining finances – perhaps moving in together, or taking the plunge and buying a home together. Before you do, read my 10 tips to protect your credit file when you are joining finances. Unfortunately love isn’t enough to ensure our ideas about money are always going to match up. If they don’t – make sure your credit file – your good [...]

2017-09-05T05:25:12+00:000 Comments

A ‘fair go’ in the credit system for those under financial strain still a way off.

Media Release Financial Hardship A ‘fair go’ in the credit system for those under financial strain still a way off. 14 February 2013 From March 1, national credit reform will see steps made towards a fairer credit system for disadvantaged Australians, but whilst a consumer advocate for accurate credit reporting welcomes the changes, he says those consumers suffering credit impairment may still come across difficulties getting fair treatment in the credit reporting landscape. CEO of MyCRA Credit Rating Repair, Graham Doessel says for those Australians experiencing financial hardship, better protections [...]

2017-09-05T05:25:12+00:00Comments Off on A ‘fair go’ in the credit system for those under financial strain still a way off.

Financial freedom: are you self-sabotaging?

In today’s ‘Make Credit Work For You’ post, we look at advice from the Editor of Smart Investor magazine, Nicole Pedersen-McKinnon. Her article “Financial freedom: are you self-sabotaging?” was featured in Sunday’s Sydney Morning Herald. Nicole gives you some excellent advice for how to make the best of your money, and make sure you are not making basic mistakes that could see you taking longer to reach your ultimate financial goal of being debt-free. By Graham Doessel, Founder and CEO of MyCRA Credit Rating Repair and www.fixmybadcredit.com.au. Financial freedom: are you self-sabotaging? [...]

2017-09-05T05:25:12+00:000 Comments