Keeping your trail intact

Client’s go looking for broker support because they are looking for assistance navigating the muddy waters of the credit and finance system. They want guidance, they want the best rate and they want to work with someone they trust to get them what they want, when they...

New service targets time-poor brokers

A new credit repair company, which aims to help brokers avoid wasting time on loan applications that are likely to be rejected, has entered the mortgage industry. Credit File Experts (CFE) obtains and assesses Veda credit files for consumers and companies, providing a...

I don’t want to blow my own trumpet, but…

It is not cool in Australia to blow your own trumpet, right? But what do you do when you know certain competitors are failing to do proper investigations for their clients with credit impairments and your company continually picks up the pieces? To be frank, I am...

Is a payday loan ever a good idea?

I am working on a case at the moment where a gambling addict got small loans from Nimble and got into dramas with them. Gambling addiction is a shame-based addiction where impulse control is inhibited around gaming. If a payday loan turns sour it can be listed on a...

Credit Savvy nowhere near as savvy as Veda

Recently a broker sent me, for the first time, a free Credit Savvy report for one of his clients (with permission of course). Credit Savvy is a joint venture of Aussie Home Loans and Experian, the multinational credit reporting agency behemoth that has been operating...