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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Could a new tool for banks improve your chances of getting credit?
Bank customers using ATM machines Source: AAP
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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Updated
By Camille Bianchi
Presented by Svetlana Elgina
Source: SBS
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