Tag: credit score tracker
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Parliamentary Inquiry Explores Impact of Lending Regulations on Homeownership
As the Reserve Bank considers potential interest rate cuts, the focus on housing affordability intensifies in Australia. With the likelihood of rate cuts being low until early 2025, the pressure on prospective first-time home buyers is mounting. The stringent lending criteria pose significant challenges for individuals like 22-year-old Cassie McLaren, who seeks parental financial assistance…
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Personal Loan Trends: Americans Owe $253 Billion, Delinquency Rates Drop
Personal loans have become increasingly popular in recent years, with the latest industry data showing that 24.6 million Americans collectively owe $253 billion in personal loan debt. While this amount is relatively small compared to other types of debt like mortgages and credit cards, it highlights the growing trend of personal loans among consumers. Your…