Category Archives: Bad Credit Home Loans

Low doc are not asset loans – ASIC

Low doc loans have been singled out as an area of compliance concern as a result of ASIC review of Australian Mortgage Brokers. The review, included a relatively small sample of only 16 mortgage brokers and their complance with NCCP … Continue reading

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Small Bad Credit Loans remain popular

Over the past few months the demand for small unsecured bad credit loans has exponentially increased. More and more applicants are looking for loans up to $5,000 without being able to offer any security for their applications. Many are already … Continue reading

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Bad Credit Loans, know the rules!

Want to borrow money with a bad credit history? It can be done!  However borrowers with some bad credit history need to understand that while they may qualify for some loans, other loans will remain outside of their reach while … Continue reading

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Aussie families reduce their loans

Since the GFC, Australian businesses and families have changes significantly their banking habits as well as their attitude to loans and debt. It seems that Australia has seen the slowest increase in overall loans taken on by all sectors over … Continue reading

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Debt Consolidation loans remain popular with borrowers

Debt consolidation loans are still very much in demand with borrowers looking to either a personal loan to consolidate high interest unsecured debts into a single payment, or a mortgage refinance which will allow the applicant to consolidate high interest … Continue reading

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Home owners struggle with mortgage debt

Outer suburbs of Melbourne are facing huge debt problems according to a recent report by Moody’s. The same debt problems are replicated amongst property owners right across Australia. It seems that Melbourne’s northwestern suburbs are amongst the worst debt ridden … Continue reading

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Debt problems can be solved if you seek help

IF YOU’RE feeling that you are falling deeper and deeper into debt, all you need to do is seek out assistance from professional debt counselors. You do not need to be unemployed to have debt problems, in fact many people … Continue reading

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Rates need to come down – Aussie John

Aussie Home Loans chairman John Symond is appealing to the RBA to reduce interest rates to assist Australian families who are struggling with loans repayment as well as fearing for the stability of their employment. John Symond said that lower … Continue reading

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Borrowers resort to lying to secure loans

According to Veda Advantage, up to 10% of all loan applicants lie in some way about their financial circumstances in order to secure a loan. Recent research conducted by Galaxy Research for Veda Advantage estimates that 1.8 million – or … Continue reading

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Pepper Home Loans buys GE Loan Book

Pepper Home Loans has just announced its acquisition of GE Money’s $5 billion residential portfolio. This purchase will significantly strengthen Pepper’s position in the non-bank lending market. Mike Culhane, executive chairman of Pepper Home Loans, believes that the acquisition is … Continue reading

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