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Showing posts from September, 2018

NEWS FLASH!!!

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Beat the interest rate rise! Major banks have announced increases to their variable home loan rates. Rates are quoted as rising by up to 15 basis points, effective from 4 October 2018. How will this affect you? Anyone with a home loan may benefit by taking advantage of this. The benefits of reassessing your current loan now could result in you saving thousands of dollars. Now is the time to act. Turn the TV off for just 5 minutes. Talk to someone on your side, before the siren sounds! Call Credit Star now.

Shopping Time!!!

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Set up your financial Game Plan now! Looking to take advantage of the falling real estate prices? This feels a little bit like ‘driving’ one of those much hyped driverless cars. We all want to get to the destination safely, but we need to stay in control. Over the last couple of weeks, the RBA has held interest rates, but lending institutions have increased the cost of loans. Over the last year, property prices, such as those in Sydney, have fallen by an average 5%. Nobody wants to be in the ‘driverless’ car that meets with misadventure en route to the destination - in this case, setting up loans to take advantage of lower property prices, but not being exposed to spiralling interest rates. Credit Star can help you look ahead, as well as keeping an eye on the rear vision mirror. Navigate a safe path to your investment opportunities. Call Credit Star now.

Self Managed Super Fund

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Credit Star puts you in control. Limited recourse borrowing arrangements are available to SMSF trustees. Credit Star will help guide you through the compliance based approach necessary for your SMSF loan application, enabling investments to be made within the SMSF. The benefits of investment property purchases made by the SMSF include building of a sound asset base within the portfolio as repayments on the borrowings are made. The ATO reports that in 2016, in excess of $25 billion worth of assets were held under limited recourse borrowing arrangements by just 7% of SMSFs. The ATO states that both residential and non residential real estate represented the assets invested in. Contact CREDIT STAR now to explore your opportunities.

Save Save Save

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CREDIT STAR Can help you maximise your savings! Look after your future, by acting now. Take advantage of the current historically low interest rates. This week’s decision by the Reserve Bank of Australia to not raise interest rates continues to offer investors and home owners with mortgages unmissable opportunities for reassessing their financial position. A regular income, accompanied by a healthy equity in your home ownership, are positive factors in your consideration of applying for a refinancing package. If you fit this description, then here is just one example of a money saving exercise - just to whet your appetite for saving your hard earned cash. So - turn the television off and extract your bank statements from under the couch. Bribe yourself with a packet of chocolate, if that works for you. A major overhaul of your existing debts could possibly save you a lot of $$$ over the next 30 years. CREDIT STAR can help you find a way to  ...