For many bushfire victims, financial hardship arrangements with banks or other credit providers will be necessary to navigate the road to recovery. Yet new legislation is set to put financial hardship agreements on credit records, threatening people's capacity to borrow.
Chances are you've received more than your fair share of Christmas gift cards. But what happens when you're saving up a gift card and the business goes under?
Australia's new credit reporting system means more data is available to lenders, but only under certain conditions, thanks to Australia's strict privacy laws. It's a far cry from the Wild West scenario in place in countries where data is up for sale to the highest bidder.
With the telco ombudsman cracking down on high-pressure sales tactics, what does it mean for you if you end up with an expensive internet or phone bill?
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