Marketplace or peer-to-peer lending is well established overseas and growing rapidly in Australia, but investors should understand the risks and the returns, as described in the first part of this debate.
Tag Archives | credit report
As a consequence of the Royal Commission, banks have tightened their lending criteria, especially for loan serviceability. Here are some practical ways to improve your investment loan application.
It’s possible to take action and improve your personal credit score, which can result in cheaper borrowing rates and better access to credit. Don’t wait until you need to borrow.
Understanding what information is held on a consumer’s credit report can provide a pathway for negotiating better credit terms, whether or not a person has a strong credit history.