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Archive for January 2018

Peer to Peer Lending What is it? How do you use it?

Peer-to-peer (P2P) lending is becoming more popular in Australia. It involves borrowing money from individual investors. By lending their money, the investors usually get a more attractive return than they do on a lot of other investments, and for borrowers there is the advantage of generally lower interest rates than those offered by traditional lenders.…

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Comprehensive credit reporting – what it means for borrowers.

This year, the Turnbull Government is forcing all of the big banks to join the ‘Comprehensive Reporting Regime’. Its impact will be both positive and negative.   Background The Comprehensive Credit Reporting Scheme was introduced in 2014. Before the scheme was introduced, credit reports featured only information such as missed payments of more than 60…

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Two great reasons to celebrate the end of 2017!  

Simplify Finance has been named the Best New Group as well as making it into the Top 40 AFG (Australian Finance Group) Mortgage Brokers NSW/ACT! Each year AFG honours the top brokers throughout Australia and this year Simplify Finance had a double win! I’m so proud of this team – this business is only just…

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