Everything You Need to Know About Bad Credit Home Loans Adelaide
The term “Bad credit” refers to defaults, judgements, late payments or even bankruptcy that appear on your credit report. Standard banks might reject your application just on that basis, but specialist lenders don’t look at only one factor in deciding. They look at your current income, property value, and your repayment plan. There are some lenders in Australia, for instance, that are flexible with their customers, hence allowing for overlooked defaults and unpaid judgements.
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