Episode 92: Don’t pay more interest than you have to.

 

28th May, 2024

In this episode, Trudi Cowan and Sarah discuss how to avoid paying more interest than necessary on business loans. They emphasize the importance of planning ahead and seeking the right advice to secure the best loan terms. They also highlight the impact of credit ratings, financial statements, and bookkeeping on interest rates. The conversation covers topics such as refinancing ATO debt, the pros and cons of low-interest rates with higher fees, and the importance of matching loan terms to the purpose of the loan. The key takeaways include the need for proactive financial planning, understanding loan terms and fees, and seeking expert advice to optimise loan options.

———————-

Just two industry experts (and guests) having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.

This is a safe space to ask questions and hear useful info on financial matters. 

Read more about FOFU here 

And, as always if you'd like to leave us a message, or suggest a topic, you can do so here 

———————-

DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances.

 
Previous
Previous

Episode 93: When to obtain finance

Next
Next

Episode 91: How to ruin your credit rating