Bank Savings Overshadowed by Credit Card Debts
In the past year, households have incurred $86.3 billion more debt, but Australians are showing means on curbing their personal debt by sacrificing their personal savings. There is an estimated $771 billion worth in debt owed by households, higher than 12,6 percent from the previous year. The debt comprise of owner-occupied mortgages, credit card bills [...]
Required Deposits For New Borrowers Applying of Home Loans
If you are hoping to get that dream house you have been wishing for then prepare to save for and shell out a substantial amount of cash. Despite the availability of home loans, Westpac demands an minimum deposit of $37,500 in your bank accounts in order to qualify for their average home loan. Your [...]