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Could a new tool for banks improve your chances of getting credit?

banks, mortgages

In the wake of the Banking Royal Commission, lenders have tightened restrictions, making mortgages and loans harder to get. But now the big four banks have a new tool to decide how much more debt to give us - comprehensive credit reporting.


Published

By Camille Bianchi

Presented by Margarita Vasileva

Source: SBS



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In the wake of the Banking Royal Commission, lenders have tightened restrictions, making mortgages and loans harder to get. But now the big four banks have a new tool to decide how much more debt to give us - comprehensive credit reporting.



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