Loanmarket Coolangatta in Bilambil Heights | Financial service

Loanmarket Coolangatta

Locality: Bilambil Heights

Phone: +61 413 171 822

Address: 18 Malua Tce 2486 Bilambil Heights, NSW, Australia

Website: http://janeen-simpkins.loanmarket.com.au/

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• Financial service
• Mortgage brokers

20.01.2022 Loanmarket Major Brokerage Franchisees of 2018. Proud to be a franchise in a family owned business.

20.01.2022 Comparing Dealers Finance Deals Here are some tips of dealership car finance offers, and remember to ALWAYS read the fine print! **Check how much the total repayments will be over the life of the loan, and for the breakdown of all fees and any other charges.... **Check if the offer is only available on selected make/models, and specific colour options, and if the price of the car is negotiable. **Always compare the car and finance offer in the dealership with those available from our 40+ lender panel. We can often find a better deal that is tailored to suit your needs. **Check the build date of the vehicle as mentioned earlier. **Check the length of the loan. Many low interest rate offers are only available over three years, and the monthly repayments may be higher than a regular interest rate over a longer-term loan. See more

19.01.2022 Comprehensive Credit Reporting has arrived and being used by major 4 banks. Depending on your history and your report you may be eligible for reduced home loan rates. Worth checking your own reports to ensure information is accurate and up to date to ensure you aren’t inconvenienced or delayed next time you apply for credit. Credit agency to access credit report are listed below: Illion - www.checkyourcredit.com.au Experian Australia Credit Services - www.creditsa...vvy.com.au Equifax www.mycreditfile.com.au Any existing or new customers please feel free to arrange a free health check with me at your convenience.

19.01.2022 Just wanted anyone looking to buy property that they need to get longer finance clauses as most lenders are experiencing high volume and some are taking a month to even start assessing a deal. Using a broker helps to go with assessing multiple lender options including timeframe to approval. Provided you meet lenders policy and criteria when can locate a lender that will approve deals a lost faster than the mainstream lenders can at present. Call me for a free no obligation assessment of your borrowing capacity etc.

16.01.2022 With so many legislative changes to lender policies. It is now more than ever a reason to use a broker. We work with your personal financial situation and tailor your loan to your specific needs. Call me to arrange a no obligation free consultation.With so many legislative changes to lender policies. It is now more than ever a reason to use a broker. We work with your personal financial situation and tailor your loan to your specific needs. Call me to arrange a no obligation free consultation.

15.01.2022 Lenders are now looking closer at your character what you need to know Comprehensive Credit Reporting (CCR) is now in full swing, giving lenders a closer look into your financial character and highlights facilities that you may not have disclosed in your application. The CCR shows the lender if a credit facility is open or closed, the credit limit and repayment history information on a monthly basis. So, it’s really important that you talk to your broker about your fac...ilities, even the ones that you may not have used for a long time. What you need to know: Be cautious of applying for credit. Every time you apply for credit, this is reported, and affects your credit score. So, shopping around and applying for credit cards is not advisable. If a credit card provider declines your application for a credit card, its’s not advisable to apply to other providers hoping for a different outcome. Your credit report shows if the minimum payment on your credit facilities has been made on time (or within a 14-day grace period) and if not, how late the payment was for that month. Only licensed credit providers can share and receive this information, so at the moment this does not include telco and utility. Repayment history is recorded monthly and held on your credit file for 2 years. A default can only be recorded on your report if you miss a payment which is more than $150 and is more than 60 days overdue. Before listing the default, the credit provider must have taken steps to collect the whole or part of the outstanding debt. This means they have sent you a written notice setting out the amount overdue and seeking payment and a separate written notice advising you the debt may be reported to a credit reporting body. A default remains on your credit report for 5 years. Paying your bills on time and avoiding getting a default on your credit report are positive impacts on your credit rating or Equifax Score. A number of late payments could be an indication you are in financial stress and may negatively impact your credit report. If you are concerned about late payments, defaults or past poor history (including bankruptcies), discuss this with your broker. If you want to get a copy of your credit report, you can create a myEquifax account to get two free Equifax credit reports each year by going to https://my.equifax.com/consumer-registration/UCSC/.

13.01.2022 Just to update that most lenders have recently reduced their assessment rates. For those who only recently couldn’t afford the loan amount they needed this could change that outcome. Assessment rates reduced by around 2 percent. This will increase loan amount available. Want a free check of where you’re at contact me for assessment.

11.01.2022 More than just Home Loans. Great rates on car loans.

05.01.2022 LENDER POLICY CHANGES FOR SERVICING LOANS To all those people who may need to buy, refinance or build a home or seek finance for any purpose their have been so many changes in the policies of lenders that even us brokers have been under pressure to stay on top of. The most recent policy change to servicing loans is that the Household Expense Matrix has been increased. On top of that lenders are now calculating existing and new credit card limits at 5% of limit which is up from 2.5% or 3%. It is not in anyones favour to hold credit cards with large limits that aren't being utilised. Look into balance transfers to consolidate to one or two cards. If debt has been at limit for sometime consider contacting me to assist with a debt consolidation loan. Happy to help anytime.

04.01.2022 COVID19 Major Lender Packages From Australian Broker 23 March 2020 CBA yet to advise other majors below:...Continue reading

02.01.2022 New home your New Years resolution. Or refinance for a better rate. Happy to help and compare best offers out there. Over 60 lenders to chose from. Maybe a new car or business equipment we’ve got you covered.