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A customer wanted $20,000 for a car loan. He earned income per annum of $39,000 and had two unpaid defaults.

We were successful in obtaining him a car loan for $20,000.

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Bad Credit
Home Loan

You have current mortgage arrears

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Your Credit File
Have you been refused credit and don't know why?

Lenders regularly use credit reporting agencies to assess whether they should give you a loan. For this reason, it is important that the information on your credit report is accurate.
 

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Low Doc Home Loans & Non-Conforming Home Loans

Low doc loans have been specially designed for the self employed who don't have current business financials but want a loan now.

 

 

At Bad Credit Loans Expert we can help organise a loan for you without financial statements, if you have a current ABN or are in permanent employment, you can sign a self declaration to secure your low doc loan. Low doc loans are available for home loans, car loans, equipment loans and commercial loans. Talk to one of our consultants about how simple it can be to obtain low doc loans for people who are self employed.

What do Lenders look for ?

When a lender reviews your loan application, they generally apply the three 'S's of lending - Security, Scenario and Serviceability.
 

Security

 

Lenders will generally lend against complete residential security properties within acceptable security location

   

Scenario

 

This describes the background to your loan application. Rather than using computer- based credit scoring to process loans, we take the time to look at the background of your application to form a view.

We do so without passing judgement, and with an open mind - we're not here to judge you, merely to form a view on whether you intend, and are able, to service your loan. We ask that you provide us with honest and complete information to assist us in making our decision.

   

Serviceability

 

This describes your ability to service (pay regular payments) on your loan.

 

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