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... recommends to improve your home loan serviceability. 1. Reduce credit limits Even if you don't owe anything on your credit card your limit will still be considered as potential debt when lenders are assessing your position. As a borrower, this will ...
... mortgage or rent, the power bill to keep the lights on and food. If there are bills or debts you can't pay, from credit card payments to school fees, don't be afraid to call and ask for an extension due to hardship. 2. Cut your costs Make sure ...
... raid your savings or delay paying bills to pay for such luxuries. Consider alternatives to cash such as: Loyalty and credit card points - you may have accrued more valuable loyalty points than you realise. The latter generally offers greater value in ...
... debts? Keep copies of important documents in a secure place such as tax returns and tax file numbers, bank account and credit card statements, financial planning documents, online broking reports, mortgage documents, property deeds, loan statements ...