Credit Report

A credit report is a detailed record of a borrower’s financial history, compiled by a credit reference agency. It includes past and current loans, repayment behaviour, and any defaults or legal actions.

Lenders use credit reports to assess creditworthiness and identify any signs of adverse credit. While important, a less-than-perfect credit report may not exclude a borrower from accessing bridging loans—especially when strong property security is offered.

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In Australia’s competitive property market, timing is often critical. For many property buyers, securing a new home or investment property...

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