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personal insolvency

What is Involved With a Debt Agreement?

Posted by Revive Financial on Nov 3, 2016 12:00:00 AM

If you are in a lot of debt and financial trouble or are at risk of financial trouble, an important term to become familiar with is debt agreement. Debt agreements can decrease your financial obligations – the amount of money you owe – helping you to avoid bankruptcy.

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Topics: Personal Insolvency

Understanding Debt: What You Need to Know

Posted by Revive Financial on Oct 6, 2016 12:00:00 AM

Debt is confronting, but there is a way out. The first step is to understand debt – the more you know, the less scary it becomes. This article is to help you understand exactly what debt is, so you can begin to establish your own secure financial situation.

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Topics: Personal Insolvency

Personal Insolvencies Rise 13.7% in the June Quarter of 2016

Posted by Revive Financial on Sep 8, 2016 12:00:00 AM

The Australian Financial Security Authority has recently released the insolvency activity for the 2015-16 financial year. It has produced some surprising results when compared to the 2014-15 financial year, especially in the June quarter where insolvencies rose 13.7%.

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Topics: Personal Insolvency

Personal Insolvencies Rise for the First Time since 2009-10

Posted by Revive Financial on Aug 25, 2016 12:00:00 AM

The Australian Financial Security Authority recently released the personal insolvency performance for the past 12 months. The activity statistics over 2015-16 provide the opportunity to identify recent changes in the market – such as personal insolvencies rising for the first time since 2009-10.

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Topics: Personal Insolvency

Staying on Top of Personal Loans: What You Should Know

Posted by Revive Financial on Jul 27, 2016 12:00:00 AM

A personal loan gives you the opportunity to access money and use it for whatever reason you choose. Since they are multi-purpose loans, they can be used for the payment of vacations, medical bills, car purchases and more. It’s not very difficult to get a personal loan.

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Topics: Personal Insolvency

The Pros and Cons of Income-Driven Repayment Plans

Posted by Revive Financial on Jun 29, 2016 12:00:00 AM

The yearly cost of student Higher Education Loans Scheme (HECS) loans are likely to reach a figure of $11.1 billion by 2025. New loan application numbers are rising and, according to a report published by the Parliamentary Budget Office, the nominal value will likely hit $185.2 billion by 2026.

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Topics: Personal Insolvency

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