Most Australian lenders measure your ability to repay a loan by calculating your credit score. We, at
Comparez, help thousands of loan seekers every year to get a
variety of low credit score loans.
A credit score is generally a three-digit number which helps lenders and financial institutions to evaluate various factors to estimate the risk of lending a loan such as:
Your credit score defines your capacity to return the loan taken within a stipulated period of time.
An approved loan indicates that you have been given another chance to improve your low credit score, and in turn, open up your borrowing options in the future.
Contact us now to consult for personal or
business low credit score loans.
A lender can decline your loan for several reasons, but one of the most common reasons is not matching the credit score requirement of the lender.
Unfortunately, different lenders calculate the credit score by using their particular methods.
A low credit score does not necessarily mean that you cannot qualify for a home loan or a personal loan. There are a variety of reasons that can impact your credit score that a lender would take into consideration as part of your application, as opposed to automatically declining you.
Generally, it’s a matter of finding the right lender with an appetite to lend. This is where we can help at Comparez, as we will search for the
best mortgage lenders who are most likely to approve your loan application even if you have a low credit score.
Our experienced mortgage agents can help you enhance your low credit score and get your loan approved.