Hi All,
With the changes in the credit file reporting, what will this mean for lending?
Access to credit? What will good look like? What will bad look like?
We obviously wanted to have less "touches" on our credit file to maximise our lending but does this no become a secondary consideration on new system?
When should we start seeing the results in the market?
What adaptations should we see from the lenders?
Cheers.
With the changes in the credit file reporting, what will this mean for lending?
Access to credit? What will good look like? What will bad look like?
We obviously wanted to have less "touches" on our credit file to maximise our lending but does this no become a secondary consideration on new system?
When should we start seeing the results in the market?
What adaptations should we see from the lenders?
Cheers.