Is It Possible to Buy a House with Bad Credit?
If you’re thinking that your bad credit will prevent you from getting a house, think again. You can definitely get a home, in spite of your bad credit. There are plenty of bad credit mortgage loans for people in your shoes. That being said, let’s see how you could get your hands on one of the bad credit mortgage loans designed for Aussies. Your priority should be to highlight your reliability as a borrower. How do you do that? Provide a Larger Down Payment Even though credit score is the first thing a bank or lender looks at before approving […]
How Bad Credit Happens and How to Avoid It
You may have bad credit and not even realise it. If you’ve never had to apply for anything that required a credit check, you might not know what state your credit is in. But you probably have phone, power and water providers who send you bills or you may have a credit card that’s being paid off. If you’ve ever been late or missed making a payment and didn’t rectify it with your provider in sufficient time, you might have negative items on your credit report. This means your credit rating may be low, thus affecting your future ability to […]