Borrowing Decisions
Mortgage overpayments: ask whether the payment or the term will change
Before overpaying a mortgage, check how the lender will apply the money, what happens to future payments, and which charges or limits apply.
MONEY, MADE UNDERSTANDABLE
Borrowing Decisions
Borrowing Decisions
Before Guaranteeing a Loan, Find the Limit of Your Commitment
Understand what a loan guarantee can cover, which limits to ask about, and why independent advice matters before signing.
Borrowing Decisions
A Payment Holiday Can Pause the Instalment Without Pausing Interest
Before agreeing a payment holiday, compare the balance, interest and repayments that will remain when the break ends.
Borrowing Decisions
A Balance Transfer Fee Belongs in the Debt Comparison
Compare a balance-transfer offer using the fee, repayment period and terms that apply after the introductory rate ends.
Borrowing Decisions
Before Using Buy Now, Pay Later, Map Every Instalment
Put buy-now-pay-later instalments beside rent, bills and other purchases so a small checkout payment does not hide a crowded repayment month.
Borrowing Decisions
A Small Monthly Loan Payment Can Leave a Large Final Payment
Look beyond the monthly instalment and find out whether a loan leaves a larger final payment, when it falls due and how you would fund it.