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http://www.dotcomdotau.com.au/finance-insurance/money-tips/lending-criteria.html Lending criteria for loans used by loan lenders is useful to know when making an application for personal loans, car loans, home loans and business loans Australia wide. Every lender regardless of the loan type has a lending criteria they use to assess the loan application which is then point scored to determine whether to grant the loan; or not. Every lender will have their own bias to different factors, and point score them differently, but they all use the basic lending criteria for loans. This lending criteria is often referred to in the finance industry as the 6 C of credit assessment; originally documented by Nigel Brookson, and are the foundation of all manual and computer assessments that decide whether an application for finance is approved or declined. http://www.dotcomdotau.com.au/finance-insurance/personal-loans/why-savings-is-important-for-personal-loans.html Why does a potential lender look at your savings history when deciding whether to say yes to your loan application? http://www.dotcomdotau.com.au/finance-insurance/personal-loans/debt-consolidation-loans.html Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. http://www.dotcomdotau.com.au/finance-insurance/personal-loans/payday-loans-are-they-for-you.html A payday loan (also called a paycheck advance or payday advance) is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. http://www.dotcomdotau.com.au/finance-insurance/personal-loans/why-use-a-finance-broker.html Finance Brokers, or Loan Brokers find the Best Match with what you are looking for, taking your own unique situation into account, and the lenders lending criteria. http://www.dotcomdotau.com.au/finance-insurance/insurance/car-insurance-tips-advice.html Car Insurance is an often forgotten part of purchasing a car, and premiums differ greatly from insurer to insurer. Are You Paying Too Much? http://www.dotcomdotau.com.au/finance-insurance/money-tips/what-to-do-if-you-are-declined-credit.html There are a number of reasons why a lender might refuse an application for credit. A first step is to check your credit file to identify any problems, which might include: http://www.dotcomdotau.com.au/finance-insurance/money-tips/credit-repair-tips.html With the effects of the 'Global Financial Crisis' causing many to be late paying their bills, causing credit defaults, there are ways to recover. http://www.dotcomdotau.com.au/finance-insurance/money-tips/credit-card-fraud-on-the-rise.html ONE in five Australians is a victim of credit card fraud or computer hackers. http://www.dotcomdotau.com.au/finance-insurance/money-tips/recession-proof-yourself.html 7 Ways to Recession Proof Your Life. http://www.dotcomdotau.com.au/finance-insurance/net-banking/new-incentive-plan-for-ceo-of-cba.html COMMONWEALTH Bank chief executive Ralph Norris could get as much as $7.86 million of shares in the group as part of a revamped, long-term incentive scheme. http://www.dotcomdotau.com.au/finance-insurance/insurance/death-taxes-amp-insurance-premiums.html AUSTRALIA'S insurers are likely to raise premiums as they seek to offset higher claims costs and as low interest rates cut returns from investments. http://www.dotcomdotau.com.au/finance-insurance/car-loans/7-steps-to-the-best-car-loan.html Getting a Car Loan can be a daunting proposition, but if you follow these 7 steps you can make life alot easier for yourself. http://www.dotcomdotau.com.au/finance-insurance/personal-loans/how-to-get-the-best-personal-loan.html Take a look at the steps involved in borrowing money, especially in this economic climate.