Category Archives: Bad Credit Home Loans

The positive side of credit reporting

If you are over 18 and have ever applied for any form of credit then you have a credit record. This can occur seamlessly and without you realizing it. Your credit record may be of little interest to you until you … Continue reading

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A loan guarantor will not solve all borrowing problems

It is true that often borrowers are able to breach the gap between their borrowing needs and the loan qualification criteria of lenders, by using a loan guarantor. However guarantors can only be helpful in some borrowing situations, while in others … Continue reading

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Making yourself more attractive to your lender

When it comes to qualifying for finance, it is important to understand what lenders are looking for in assessing your loan application. This is not about getting a haircut or buying a new suit for a meeting with your bank manager, … Continue reading

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Bad Credit Mortgages – what you should know

While having some bad credit history will not stop you from qualifying for a bad credit mortgage, there are distinct differences between the loans offered by mainstream lenders and bad credit mortgages. No deposit means no loan This is non-negotiable … Continue reading

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Credit repair is not what it seems to be

Given the intense regulation of all financial product marketing in Australia I continue to be surprised at what “is allowed” when it comes to promoting credit repair services. Advertisements promise to wash away your bad credit, creating the impression that all … Continue reading

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Do’s and Don’ts of borrowing

Unfortunately not having an adequate understanding of the Australian credit system and the basic mistakes that can easily be made by the unwary, has led many individuals down the path of excessive, unaffordable debts, and impaired credit history. This information is … Continue reading

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Credit options after bankruptcy

We often speak to individuals who have recently been discharged from bankruptcy and who are looking to borrow some money either in the way of an unsecured personal loan, a car loan or a home loan. Unfortunately your bad credit … Continue reading

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Borrowing while in a debt agreement

We regularly hear from people who are in an undischarged debt agreement and would like to gain access to some unsecured finance. Although a debt agreement goes a long way in assisting individuals to bring under control unaffordable unsecured debts, … Continue reading

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Bad credit vs Repayment history indicators

It will not come as a surprise to any reader that borrowers with a history of bad credit may have a difficult time qualifying for any form of finance and may have to pay a higher rate of interest should … Continue reading

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What does it take to qualify for finance

I am convinced that for many Australians finance is a complete mistery. They see some adds on television, hear satisfied borrowers on the radio, and they too start believing in the impossible. Reality is of-course very different. Finance is not … Continue reading

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