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The Pitfalls of Using Credit to Pay Credit

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Yearly Archives: 2017

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The Pitfalls of Using Credit to Pay Credit

November 22nd, 2017 By roi123

debt savings credit card hardship debt mediation debt negotiations debt relief debt solutions Seeking a debt solution by accumulating more debt is a false economy, without a proper exit strategy all you will be doing is placing a heavier debt burden on your future. For debt relief solutions, there is a dumb way of using […]

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financial-hardship

How to Deal with Debt Collectors

November 22nd, 2017 By roi123

When dealing with the banks, there is only one rule, be honest and proactive. In terms of Debt Collection Agencies, this is a different story. An Agency will collect on debts that are usually beyond 3 months in arrears. You’re going to achieve the best possible outcome if you follow these rules: Be honest and […]

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negotiations

Why Negotiations is a positive alternative to Insolvency

November 22nd, 2017 By roi123

Previous options for businesses in financial trouble were pay your bills or follow the insolvency process. Not much of an option if your business is suffering temporary financial trouble. Insolvency must have its place in the business world, for no better reason than to properly facilitate the closing of a business, Insolvency must have its […]

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brokers

How the Banking Royal Commission may impact Mortgage Brokers

December 1st, 2017 By roi123

What we have learnt from past Royal Commissions is the Chief Commissioner can investigate wider elements from their core focus, for example, banks third-party relationships. Already, Malcolm Turnbull is urged to include the Superannuation industry in the Chief Commissioners enquiries. Fringe services and relationships in the banking industry, like Mortgage Broking, will most certainly be […]

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