November 9, 2020

Buy Now Pay Later – the hidden danger potentially stopping you from owning your own home

It’s the layby of our day but in reverse and it could damage your chances of securing a loan. The Buy Now Pay Later sector is winning-over the millennial demographic with the promise of instant gratification, but users of these products should be warned that with every sugar-high comes the risk of a corresponding low!
October 29, 2020

Is your personal loan lender a wolf in sheep’s clothing?

Seen an advert of a 6.99% personal loan interest rate only to be offered 12.99% once you submit an application? This happens all too frequently on the personal loan scene but it doesn’t have to be this way.
April 7, 2020

#Isofinance Tips – Debt Review, Subscriptions Stocktake, Budgeting & Unclaimed Money

We have all been affected in some way by this virus, some more so than others. For those who have found themselves financially affected or out of employment we truly do feel for you. We hope that economically we rebound from this sooner rather than later as I personally can relate to the toll financial stress can have on someone.
February 8, 2019

Royal Commission: Our side of the story

No doubt you will have heard about the Royal Commission recommendations in the media this week. The recommendations relating to the way mortgage brokers are paid, if brought to fruition, will be terrible for competition therefore increasing the costs of borrowing for all Australians. Smaller lenders and online lenders largely rely on brokers to sell their loans and without us, they will cease to exist and drive people back to the Big 4 Banks. This is obviously a great outcome for the Big 4 Banks which has been reflected in their share price immediately after the recommendations were announced
February 4, 2019

Investment property purchase in Mudgee with rental yield 7.3%

Like many people in Sydney, I can’t (yet) buy where I want to live as saving that sort of deposit would seemingly take me the rest of my life! I decided to put the savings I had into an investment property instead which is getting more and more popular amongst Millennials or anyone who wasn’t lucky enough to have property in Australia over the last 20 years!
February 4, 2019

What is negative & positive gearing?

Due to the endless increasing regulation in our industry, I need to start by telling you that I am not a Tax Advisor or an Accountant so the contents of this blog (and all my blogs) constitutes general advice only.
February 4, 2019

How much deposit do you need to buy property?

I want to give you a quick lesson on lending in Australia. Something I believe they should teach us in school but hey ho. Turns out teaching us useful information about one of the largest transactions we will ever make in our lifetime didn’t make the curriculum!
January 10, 2019

Things that will ruin your chances of getting a loan

Submitting a loan is not like it used to be. The bank ask for evidence of absolutely everything, basically down to what you had for breakfast! There are a few deal breakers to look out for if you are considering applying for a loan.
January 9, 2019

Feeling overwhelmed with your credit card debt?

If you are feeling like you just can’t get ahead of your credit card debt you are not alone. According to a recent report by Australian Securities and Investments Commission (ASIC), 18.5% of consumers are overwhelmed by their credit card debt with outstanding balances now totalling $45 billion (yes, BILLION!!).
December 7, 2018

What is ‘serviceability’ and how do banks calculate it?

You may have heard the words serviceability and/or borrowing capacity in relation to a loan application or in the media lately. Serviceability and borrowing capacity are the same thing.They both mean the ability of a borrower to meet loan repayments, based upon the loan amount, the borrower’s income, expenses and other commitments.

December 7, 2018

From Little Things, Big Things Grow

I’m sure to some the whole notion of goal setting has become some what cliché but, I cannot recommend it highly enough. I’m writing to give you some hints and tips to get started, hopefully you will enjoy the process and achieve some things you may not have otherwise.

May 9, 2014

Big Bang Theory

I would like to introduce myself and Evolve Money. My name is Robyn and I am the owner of Evolve Money. Evolve Money is a finance company as Im sure you can guess. Our job is to find you money for whatever it is you want in life – car, holiday, house, a business, anything really.