Could one Small Mistake Cost you a Home Loan
Monday, May 23rd, 2011Did you know that just one forgotten electricity bill or unpaid mobile phone invoice could make or break your home loan application? Did you also know that an unpaid bill of just $100 or more can smear your credit file for up to seven years?
The fact is, it doesn’t take much for your credit file to end up with a black mark against it.
Kristy Sheppard confirms that Mortgage Choice’s home loan advisors meet with would-be borrowers on a daily basis, who are shocked to learn that their credit file holds details that could see their home loan application declined..... Keep Reading »