Archive for December, 2017

How to get the banks to lend you the most money

How to get the banks to lend you the most money

In this issue we’ll talk about how to best increase your lending capacity and get every cent possible from the banks.  How much you can borrow will depend on your deposit, your spending habits, your equity in current property and your credit history, but there are actions you can take to give your application the best chance of success.

In a nutshell:

  1. Protect your credit file
  2. Reduce your credit card limits
  3. Prove stability
  4. Choose different lenders for each loan to avoid cross collateralisation
  5. Apply to different ...
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