Personal Loans News

The latest personal loans news and tips

Mark Bristow

Personal Finance Editor

Aussies borrowing more conservatively

While Australians are pouring more money into their homes, we’re not borrowing as much with our personal loans or credit cards, according to new figures from the Australian Bureau of Statistics (ABS).

Personal Loans

13 Jul, 2017

2 min read

Patricia Babalis

ASIC orders Cash Converters to pay out $12 million

An ASIC investigation into payday lender Cash Convertors has found that $10.8 million must be refunded to consumers who were wrongfully issued loans and a further $1.35 million will be paid to ASIC in penalty infringements.

Personal Loans

09 Nov, 2016

3 min read

ASIC orders Cash Converters to pay out $12 million

Laine Gordon

Money Editor

Young Australians file for bankruptcy

In the first three months of this year, 4774 Australians went bankrupt - that's 53 people per day, according to the federal government's Insolvency and Trustee Service.

Personal Loans

15 Apr, 2013

3 min read