https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_73-Are_multiple_loan_applications_best_practice_or_damaging_for_your_credit_profile.mp3Podcast: Play in new window | DownloadSubscribe: RSSBe careful of lodging multiple finance applications, in quick succession, implying that you can’t get finance, or you’re desparate for cash. What’s more common though are clients who have gone direct to a bank for pre-approval, but then come to us (Long Property) afterwards, either for better service, […]
Ep #73 – Do multiple loan apps damage your credit score?
Get ready for Australia’s new credit regime
Common questions people ask when going through the mortgage process are “what is my credit score, how does it work and why is it important?”. This post goes beyond the basics and also explains how Australia’s new credit reporting regime (“comprehensive credit reporting”) introduced in March last year effects you. The new regime along with […]