Artog - Personal Loan Articles

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The ARTICLES section keeps you up to date with relevant industry comment.

Using balance transfers on personal loans to consolidate debts
As levels of household borrowing soar among Australians, debt consolidation personal loans are becoming increasingly popular as a means of managing repayments and reducing the cost of debt. If considering taking out a debt consolidation loan, be sure to weigh up all the costs over the lifetime of the loan, and use a reputable lender.

A personal loan for Christmas?
With Christmas just around the corner, many families are starting to wonder how they are going to afford the long list of presents that their friends and family will soon be purchasing. Find out more about some financing options.

A personal loan for Christmas?
With Christmas just around the corner, many families are starting to wonder how they are going to afford the long list of presents that their friends and family have to purchase. Find out more about some financing options.

Comparing personal loan lenders – A variety of uses and needs
There have been significant changes in the Australian personal loans market, with increasing numbers of lenders approving finance for medical procedures and cosmetic surgery, and a number of lenders specialising in this area.

Secured vs. Unsecured personal loans
Making a sound financial decision for you and the lender
The two major types of personal loans are secured and unsecured. Understanding the differences between the products and the relative pros and cons is a great way to get started when making such an important financial decision.

Thinking about personal loan repayment insurance?
When arranging a personal loan, you will probably be asked to take out loan repayment insurance. This article explains how such this type of cover works in practice, what the limitations are, and what you should consider when deciding whether to take out personal loan repayment insurance.

Personal loans for debt consolidation – A viable alternative to refinancing your home
What are the potential benefits of opting for a personal loan to consolidate existing debts rather than re-mortgaging or using other forms of finance? This article provides guidance on how to find the lowest rates of interest without risking your home in the process

Personal loan vs. Renovation loan - A better way to finance your home remodelling projects
There are some large differences between home renovation loans and personal loans, including typical repayment periods, interest rates, risks, and speed of approval process. Learn more.

Is debt bad? Recent trends in personal loans
There have been major increases in applications for credit made by Australians in recent years. However, in order to reap the full benefits of their borrowings, customers should use proper planning to avoid the debt trap.

New regulations for personal credit and personal loans
Much legislation has been implemented in Australia to protect consumers when using financial services. Most recently, attempts to introduce additional laws were blocked in favour of consumer choice.

Why is consumer credit reporting an important economic indicator?
The data from consumer credit reports can be used to gauge the state of the economy and its future direction. Reports currently reveal that large numbers of Australians are showing signs of defaulting on their loan payments, possibly suggesting that a downfall in the economy may be imminent.