If you’re one of the many Australians who have trouble repaying your debts, then you’ll be glad to know that you may qualify to be listed on a new national register that will get the debt collectors off your case.
Everyone has made mistakes, after all, we’re only human, and it’s likely that some of our mistakes relate to finances. While mistakes can’t always be avoided, you can try and learn from them, including those commonly made by others.
A reverse mortgage allows you to borrow money secured against your home, without having to pay back either the amount you borrowed or the interest due until you leave your home or die. Instead, your debt and interest builds up (or compounds) over time.
YourLifeChoices is Australia’s most established and trusted digital publication for the 50+
audience, with a core focus on helping Australians navigate midlife and the retirement landscape.
Since 2000, YourLifeChoices has been providing Australians with essential news, articles and
retirement resources – and membership is FREE!