Finance News from Car Loans Australia
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Rate Money Introduces Competitive Rate Adjustments Amid Industry Increases
18 Apr 2026: Paige Estritori
In a financial landscape where many lenders are raising variable interest rates by 25 basis points in response to the Reserve Bank of Australia's recent rate hikes, Rate Money has taken a different approach. The non-bank lender, specializing in loans for self-employed individuals, has opted to increase their variable rates by only 15 to 20 basis points on select loan products. This decision aims to alleviate financial pressure on borrowers facing rising living costs and inflation.
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Personal Loans Emerge as Key Tool for Financial Control Amid Rising Expenses
18 Apr 2026: Paige Estritori
As Australians grapple with escalating household expenses and record-high credit card interest rates, personal loans are increasingly being utilized as a strategic tool for financial management. Recent analysis from Experian indicates a growing trend among consumers to leverage fixed-rate personal loans to consolidate debt and manage finances more effectively.
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