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Increased bank reporting of defaults

Apply Now New legislative changes will require banks to report payment defaults more thoroughly and more regularly. “Consumer groups are warning that Federal Government changes to credit history reporting rules will make it more difficult for low-income Australians to get loans.” To see the full article, click here.

By | 2014-10-16T16:44:21+00:00 July 28th, 2014|Uncategorized|Comments Off on Increased bank reporting of defaults

Even businesses are finding it hard to access funding

Apply Now If you think you are the only one banks wont lend to, you may be surprised to learn it is also increasingly difficult for small to medium businesses to access funding. “It was only a short-term borrow and nobody – not even a bank – would look at us” “There are minimum [...]

By | 2014-10-16T16:44:44+00:00 July 28th, 2014|Uncategorized|Comments Off on Even businesses are finding it hard to access funding