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What is debt consolidation? |
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Debt Consolidation is the
process of combining your unsecured debts into one affordable regular
repayment.
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Can I Restore My Credit by paying all my outstanding debts? |
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You would think that this
would be true. However, the credit reporting system does not work that way. In Australia we
have a system that only records negative events, so there is no good credit to
balance any small negatives. When you pay an old debt, the negative credit
listing doesn't disappear. It stays on your report for a number of years and is
visible to all your prospective lenders.
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How can I find out my credit rating? |
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You are entitled to get a
copy of your credit report. The largest credit reporting agency in Australia is
Veda Advantage Information Services & Solutions Ltd with over 13 million
reports.
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Can I still get a loan if I don't have any payslips or tax returns? |
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We specialise in low documentation
home loans. With these loans, you self-certify your income rather than needing
to providing full financials such as tax returns, group certificates or
pay-slips.
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Can Bad Credit Finance help me if the bank said no? |
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We are specialists in
helping people that don't fit into the traditional lending square. We think
outside the square! We understand that
life does have its ups and downs and are able to cater for virtually all types
of client.
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I have some history of bad credit. Can I still get a home loan? |
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Your bad credit history
will not prevent you from obtaining a home loan. We deal with people who have
defaults in their credit history through to even to ex-bankrupts.
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