Have you ever had a telco ring you after you moved rentals chasing you up for the $23 dollars left on a old mobile plan that you no longer care about. What about when you moved house and left the power bill in your name? Did you make sure it was paid when they left? Have you ever forgot to pay your credit card bill by the due date? If you have answered yes to any of these questions, you are a self
-employed contractor or a small business owner – then you might want to get a copy of your own personal credit file to find out exactly what may be hiding in the background. Bad credit occurs when a company (like a telco) places a default on your personal credit file. By Law, the company placing the default must follow a process governed by the Code of Banking Act. A series of phone calls, letters or in some cases, a collection agency, try to come to a suitable arrangement for you to repay the amount of monies outstanding. In some cases it is human error as we gave the financial institution the wrong account number or went on holidays and forgot to set up a payment arrangement, other times it can come through unfortunate events in our lives like divorce. Either way, it only takes one negative listing on your credit to have a serious effect on your ability to borrow funds in the future. So if you are looking for a home loan with bad credit, buying your first home, upgrading, investing, refinancing and consolidation some old debts or you just want to start up your own business with some cash flow - It’s time to give us a call or follow the 4 step loan application process. Go to homeloansbadcredit.com.au. It’s extremely important when applying for a home loan that you present all the necessary information to give it the best chance. We have put together a website that focuses purely on borrowers who may have a credit default or a colorful lending history.( It’s nothing to be ashamed of). We all experience hard times in our life. On our website you can complete a loan application, follow the checklist, authorize us to obtain a copy of your credit file and upload all your identification. You will even know the interest rate and costs before you leave your own home. We then take it to our friends at bluestone mortgages who will assess your application and give us a verdict. Home loans bad credit will be more than happy to talk to you. We have all sorts of information to check out and may answer some of the questions you just didn’t know who to ask. If you have had some credit issues, we have a breakdown of what interest rate you might pay if you are considering a new home loan.
