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Technical jargon explained

[formcraft id='1' type='sticky' opened='0' class='fc-btn' background='#3AD828' text_color='white']Apply Now[/formcraft] We know that banks like to scare people with a lot of technical jargon. We have provided below a list of the most common terms and explained them in ‘real English’. Application fee Some lenders charge a fee for the administration of paper work and administrative time [...]

By |2014-10-16T16:42:06+10:00September 25th, 2014|Uncategorized|Comments Off on Technical jargon explained

Your credit score

[formcraft id='1' type='sticky' opened='0' class='fc-btn' background='#3AD828' text_color='white']Apply Now[/formcraft] At Buddy Loans, we know how important your credit score is. For most lenders out there, that becomes their primary decision making tool in accepting or rejecting a loan application. Buddy operates differently to other lenders. We look past your credit score in making a credit decision [...]

By |2014-10-16T16:42:29+10:00September 23rd, 2014|Uncategorized|Comments Off on Your credit score

Where does money come from?

[formcraft id='1' type='sticky' opened='0' class='fc-btn' background='#3AD828' text_color='white']Apply Now[/formcraft] Have you ever wondered where the money in our economy comes from? A recent Sydney Morning Herald article discusses where money comes from and the role banks play in this. “The majority of money in a modern economy is created when commercial banks lend it to people. [...]

By |2014-10-16T16:42:52+10:00July 28th, 2014|Uncategorized|Comments Off on Where does money come from?

Continued tough lending policies

[formcraft id='1' type='sticky' opened='0' class='fc-btn' background='#3AD828' text_color='white']Apply Now[/formcraft] Rumours of relaxed lending are lies: Broker “Reports that banks are relaxing lending standards are entirely false, says one Sydney broker, and if anything lenders standards are tightening.” To see the full article, click here.

By |2014-10-16T16:43:15+10:00July 28th, 2014|Uncategorized|Comments Off on Continued tough lending policies