Recent content by June

No cons. Don't disappoint your guarantor. They obviously love you dearly. They want you to get ahead. Best to get into the market as soon as possible. Having a guarantor doesn't change anything. Just means they're left with the mess if you can't keep up with repayments.

Re pet insurance, check with your contents insurer as some covers includes pet insurance

If you're separating... that's a couple expense. So she's on the hook for half too. Like a shared tab you both have to split.

Cashing out annual leave? Yeah, it has downsides. You get cash. But the tax eats into it. Your super loses out. Company doesn’t have to pay super on cashed out leave. Like they would if you just took the time off. Lose leave loading too, if you get it. And it might mess with government...

CBA? They'll pull any dodgy trick to push a loan through. Two years with an ABN? Then a Lo Doc loan's possible.

Yeah, 100% go through a broker. Shop around. Different brokers deal with different banks. Some have better connections. If you’ve got enough equity in your PPOR? Consolidating those personal loans? Shouldn’t be an issue.

She put money in. So half is hers. That's my belief. But like you said see a lawyer. That’s for a judge or mediator. Because one person’s story? Different from yours.

I don’t think student loans fall off your credit. I could be wrong though.

I would consider getting 2nd jobs rather than considering bankruptcy

People have snowballed much higher amounts you can do this!!!

Got a personal loan. Buut only after I proved something to myself. Had to stop using the cards first. Also needed my utilization under 50%. That was the ticket for Discover's eligibility. Got the loan in May. Rate's 23%. A small win. Better than my cards. They were sitting at 25 30%, just...

Awesome! You are almost there! Stay focused!

Zero interest? Just pay the minimum. Get it paid off before that zero runs out. Focus on the highest interest first. Or try a balance transfer. It can wipe out or shrink that interest. That way, you keep your money. Not handing it over to interest.

The only way I'd do it? You stop using the cards. Get rid of that Amex. A 24% interest rate? No rational reason for it. Zero balance? Even less reason to keep it. The temptation will just pull you back in. It's a cycle. A debt trap. That's the last thing you want. I don't usually push balance...

I want $5000 but $1000 while paying debt is better I think