Tag Archives: australia

Consumer Debt a Growing Problem in Canada and Australia

Recent reports out of Canada and Australia paint a similar picture for consumers in both countries. Consumers are loading up on consumer debt and it is becoming a concern for regulators. Right now levels are about the same, consumer debt is approximately 150 percent of income. Both Canada and Australia have experienced less unemployment that [...]

I Left Dubai in Debt, Went to India and Now Live in Australia. – Iram

“Dear Steve, I am an Indian citizen presently permanent resident in Australia. I visit india every 2-3 years. i was working in Dubai UAE from March 2003 till June 2005. In 2005 i cancelled my visa and left dubai for good. before leaving dubai….. i had credit cards from RAK bank and HSBC bank i [...]

FTC Gives APEC Cross-Border Privacy Rules Thumbs Up For Consumer Information Protection

Yesterday, President Obama and representatives from other Asia-Pacific Economic Cooperation (APEC) economies met to discuss consumer cross-border data privacy protection at a meeting in Honolulu, Hawaii. The meeting focused on the APEC Cross-Border Privacy Rules, a new initiative to harmonize safe data sharing across country borders and enhance the protection of consumer data that moves [...]

Are Unemployed Computer Programmers Hacking Your Bank Account?

The term “white collar criminals” always sounded so fancy to me. You know? There’s something that just sounds glamourous about it. But fact of the matter is, there’s nothing glamorous about it – it’s just the same low life scam… in a pretty shirt. Apparently Australia is seeing a surge in white collar crimes due [...]

How To Tackle Global Fraud Pandemic: Share And Care

In Australia police are saying that 76 percent of e-mail investment scam victims continue to send money even after police warn them that they’re being deceived. The most common e-mail frauds and scams are those that request money to unlock a promised inheritance payment or to reap rewards from a business opportunity. One of the [...]

I’m Returning to Australia From the UK to be a Reiki Healer and I Have a Lot of Debt. – Jill

“Dear Steve, gday, i wanted a credit card so that i could holiday in the uk this was easily approved as i was working at the time i was then offered a personal loan for 14,900 which i also accepted i would only be charged intrest on any amount i transfered or used this was [...]

We Moved from Australia to the UK and Now Can’t Pay AMEX. – Chantel

Chantel “Dear Steve, My husband and I moved to England from Australia two and a half years ago and everything was going fine but unfortunatley our circumstances have changed quite dramatically. We have two credit cards one with Amex and another with City bank which totals nearly twenty thousand between them. We have always paid [...]

How Do My Hubby And I Get Out of Bad Credit On One Low Income in Australia? – Evelyn

Evelyn “Dear Steve, Hi both my husband and i are in around $40k debt combined. We live in Sydney on only his one income and find it hard to live comfortably now we seem to be going behind and behind. I’ve tried to get loans to pay debt but havent been able to due to [...]

Debit Card & Credit Card Details Stolen at McDonald’s

A pair of card detail thieves have been caught in McDonald’s in Australia. Apparently the pair was getting card details from several Perth, Australia McDonald’s and managed to steal $4 million from Western Australia banks. Thousands of Western Australians have had their card details stolen at several McDonald’s restaurants across Perth since October. Police allege [...]

If I Don’t Pay My Mobile Phone Bills in Australia Will They Disconnect My Service? – Ankur

“Dear Steve, I am permanent resident of Australia, and currently back in my home country since last 5 months. I have been paying my 3 mobile phone bill on time, but now I don’t want to pay it as I don’t know when I will be returning to Australia. If I don’t pay my bill [...]

I Used to Live in the U.S. and Have Some Old Debt But I Now Live in Australia. – Max

Max “Dear Steve, I am 25000. usd in credit card debt . I don’t live in the states anymore . i live in australia . i am australian but have a green card . i want to pay it back but i am currently unemployed and i have no plans to go back to the [...]

I Came to Aussie Last Year and Can’t Afford My Mobile Phone. – Johnny

Johnny “Dear Steve, I came to aussie in december last year and i got on a mobile phone contract i lost my job and i cannot pay it anymore. My phone got cut and they are threatening to report me to dun and bradstreet. I got a new job but i get very little and [...]

My Credit Card Companies Refuse to Settle My Debt. – Peter

“Dear Steve, I owe about $50,000 in cc fees- I went two months behind on payments on purpose becasue they would not settle with me before that. I am offering them 35 on the dollar as a one time payment only if they settle- it’s all I have but I do have that. I am [...]