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The Credit Score Blog

A blog about mortgages, loans, interest rates, tips and tricks.

How long do you have to snap up a property in the current market?

How long do you have to snap up a property in the current market?

You open up the real estate app on your phone, scroll through a few listings, and then there it is: the home of your dreams, ‘added 1 hour ago’. So just how long do you typically have to act in this hot market?

Well, let’s just say it definitely helps to have spoken to us about pre-approval if you’re actively house-hunting right now.

Hint: it’s not very long

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COVID-19 repayment amnesty over: how to avoid a bad credit rating

COVID-19 repayment amnesty over: how to avoid a bad credit rating

The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement.

If you think you might be financially impacted by the end of JobKeeper, then check out our latest article on how to avoid late repayments being recorded up on your credit file.

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