Second-hand car costs drop as debt reporting fees fall

Things like buying a second-hand car securely just got a little bit cheaper. The costs of checking whether the car you’re thinking of purchasing has any money owing on it, has been written off or been reported stolen, have been reduced as of the 1st August 2018.

ACM Group found guilty of misconduct for "widespread" and "systemic" harassment of vulnerable consumers

Debt collectors ACM Group have been found to have been engaged in deceptive and misleading conduct relating to two “vulnerable consumers” in cases brought forward by the ACCC and ASIC. The firm, which used methods of harassment and coercion including multiple telephone calls, false threats and misinformation, have now been put on notice as a direct result of their conduct, which was found to infringe on Australian Consumer Law by the Federal Court.

Going guarantor: the good, the bad and the ugly

A guarantor on a car loan is a third party, usually a parent, relative or friend, who guarantees to meet the repayments of a loan for the purchase of a car, if the borrower/owner of the car defaults on the loan.

Appliances that chew through your money

Are exorbitant power bills killing your buzz? Rather than relying on your credit card or savings account to pay your electricity provider, consider changing your power consumption.