This article addresses what to do if a mortgage application is rejected by a lender – which, due to stricter banking regulations, is becoming more common. – What to do if you loan application is rejected.
Peer to Peer, or ‘P2P’, lending is a method of bringing borrowers and lenders together without a traditional financial institution to act as intermediary. This increasingly popular form of lending takes advantage of the internet to connect individuals who have money to lend with those who require funding for any reputable need. Is this the future of banking?
Neobanks are becoming increasingly popular in Australia as people look for different avenues to manage their money. The recent banking royal commission has also seen people look for solutions outside the big banks for financial products. In this article, we’re looking at how neobanks have become popular and what different they offer customers.