Vicky McLoughlin No Comments

Can I Still Get a Home Loan If I Have Bad Credit?

Your finances can get a bit out of control sometimes for all sorts of reasons. Whether it’s through illness, divorce, redundancy, or sometimes just getting overwhelmed with things to do and accidentally missing a bill payment. The end result can be that you get put in the bad credit basket. Even if you sort it out and pay the overdue bills or fix up a default on a loan repayment, it can still end up on your credit file. (a record of your credit history maintained by credit reporting agencies like Equifax)

Read more

Vicky McLoughlin No Comments

Breaking news – September interest rate announcement

The RBA has decided to leave the official cash rate unchanged at 1% as it continues to assess the impact of its June and July cuts. In making this decision not to drop rates again the RBA will have considered emerging evidence of an improving housing market, supported by strong auction clearance rates in Sydney and Melbourne.

Read more

Vicky McLoughlin No Comments

Tips to Help With Your Home Loan Application if You’re Self-Employed

More than 2.4 million Australians are self-employed, including 1 million who operate as sole traders.

If you are one of these 2.4 million, you’ll know how rewarding it can be – more flexibility with your work hours, better work life balance, you get to choose who you work with, you have the option to work where you like, you have more control over your income, and there are possible tax advantages.

However, sometimes, it can be a little more challenging, especially when it comes time to buy a home. This is because you will need to demonstrate a stable income and continuity of employment and this can often be difficult.

Read more

Vicky McLoughlin No Comments

Top Tips For Obtaining Business Finance

At Seek Financial, we have the privilege of meeting with business owners from all types of industries and backgrounds. Whilst they are very good at what they do, they often find that navigating through the finance application process can be quite frustrating. Well that’s where we come in, helping people secure finance for both their personal and business needs is our speciality. It’s what we do every day.

So we’ve put together our top tips to help streamline the process for you.

Read more