In March 2014, The Privacy Act 1988, the governing legislation of consumer credit reporting in Australia, was amended to introduce comprehensive credit reporting.
Category: Blog
What is a credit check?
A credit check, also known as ‘credit history check’ or ‘credit reference check’ is a scoring system that lenders use to assess and determine the level of risk a borrower may have. A credit check is necessary when applying for the following: Home loan Personal…
Insider tips for your second mortgage
There is often confusion about what a second mortgage is, when it is useful, and how to take full advantage of its benefits. In this article, we aim to simplify the definition of a second mortgage, identify its key uses and tell you how you…
How to win home loan approval
Banks are tightening their lending criteria, which means it has become more important than ever to understand how to boost your chances of getting your home loan approved. As your mortgage broker it is our job to monitor the changing environment and understand how this…
The ultimate guide to home loan pre-approval
When it comes to shopping for a property, home loan pre approval can give you the winning edge. It shows real estate agents that you are serious about buying a home and it places you in a good position to move quickly and get your…