Apply Now 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 in dealing with a loan [...]
Apply Now 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 and instead believe that there [...]
Apply Now 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. Not only are they one [...]
Apply Now 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.