What are Debt Covenants And Why Do We Rarely Use Them?
A debt covenant is a restriction that lenders put on lending agreements to limit the actions of borrowers. They’re a type of agreement between the lender and borrower, and you
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How Does Debt Forgiveness Work?
If you’re struggling to repay your debt, you’re not alone. In 2016 alone, Australia’s total personal debt was around $2 trillion, and the average household owed $250,000. Throughout the years,
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Debt Securities – What Types Are There?
In the world of debt and finance, there are a lot of confusing terms that aren’t always easy to understand. One of these confusing terms is debt securities. This is
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What is Tax Debt and How Can You Avoid Accumulating It?
Tax debt is when you owe money to the government for taxes. This can happen for any number of reasons, and it’s not always your own fault. However, if you
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Beyond Debt – Your Life Apart From Finances
Living a debt-free life is something many aspire to. Yet, it still often feels like nothing more than a far-off dream. With more and more Aussies struggling to get out
