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Positive credit reporting a boon to mortgage holders

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Australian Broker | 22 Mar 2017, 08:25 AM Agree 0
Upcoming requirements for lenders to supply positive credit data will help potential borrowers secure a better loan
  • IndustryRep | 22 Mar 2017, 05:51 PM Agree 0
    The only reason why the CRB's want this here is because they stand to make more money. If positive credit reporting is made mandatory, this is data they will get for nothing. The banks will try and cherry pick the best clients and costs for all lenders will rise as lenders seek to recover the substantial costs involved in passing on the client's payment details.
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