Ep. 172 – The Truth About Debt and How It Affects Your Portfolio

Debt isn't the enemy. But misused, it will absolutely hold you back.

In this week's episode, Neil breaks down the truth about debt, credit scores, and how they impact your ability to scale a property portfolio.

From personal experience to national statistics, he walks you through:

• The difference between good debt and bad debt

• How credit scores are calculated—and what tanks them

• Simple steps to check, improve and manage your credit

• The impact of credit cards, Afterpay, and personal loans on your borrowing capacity

• Tools like Equifax, Experian, and how to use them wisely

• Debt-to-income ratios, defaults, and how banks assess your risk

With over $43 billion in credit card debt circulating in Australia, understanding how lenders view your profile is more critical than ever.

Key takeaway: If you want to invest with confidence, you need to understand and control your credit. This episode will show you how.

🎧 Available now on Spotify, Apple Podcasts & more.

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🛑 Disclaimer:
Nothing on this channel should be considered tax, financial, investment, or any kind of advice. Always do your own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for you. Our goal is to frequently feature actionable value, thought leadership, and property/investment strategies.