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Ordering Uber Eats could impact your home loan

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By host - vicky.york
In the current financial climate, every move you make is being scrutinised, with even your dinner choice having an impact on your future borrowing potential
Personal spending habits – on things like clothes, holidays, Netflix and Uber Eats – are becoming a factor when a bank considers a loan application.

Increased scrutiny of the banking industry and tighter controls on lending practices are becoming an issue for prospective homeowners.

The banks are still lending money but it’s much tighter.https://moneymag.com.au/uber-eats-home-loan/?fbclid=IwAR1tigf6MEQvdM9hq_U3JwENsDRqdnGqtCm-f18zEnoXx9jC0InB9C8M2VM
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vicky.york
vicky.york followed this discussion
Host
This should be necessary to avoid future problems with your loan payments. Your spending habits now will reflect your capability to pay you loans in the future. So better discipline yourself now before you missed the chance of getting your dream house through bank financing or loan.
Edited
8 mths
Host
In your opinion, should this be necessary?
8 mths
josemanuel.sanchez
josemanuel.sanchez followed this discussion
Host
The new smashed avocado....
8 mths
10 more people followed this discussion
Host
About time I say...
8 mths
amino.aminoشاكر.شاكربہۣۗعہۣۗد نہۣۗہۣۗي اشہۣۗتہۣۗاكہۣۗہۣۗلہۣۗك.اشہۣۗتہۣۗاكہۣۗہۣۗلہۣۗك
amino.amino, شاكر.شاكر, بہۣۗعہۣۗد نہۣۗہۣۗي اشہۣۗتہۣۗاكہۣۗہۣۗلہۣۗك.اشہۣۗتہۣۗاكہۣۗہۣۗلہۣۗك and 7 other people started following this discussion
10 more people followed this discussion
Host
My dream is dead. pensive face
8 mths
Host
You really have to be organized before you apply for loan. It is really necessary so slowly change your lifestyle now if you want to get a good standing credit to any bank.
8 mths
More than 50 people have joined this discussion.
Host
I’ll buy my house in cash.
8 mths
Host
This is so true and this is the 'deep dive' the home lenders are searching for in your information that they want.
8 mths
Host
Wow! So lenders have to investigate a borrowers actually spending habits and not some made up figure to get the loan across the line.
8 mths
Host
This is ridiculous! Goodluck guys!
8 mths
Host
Honestly, this could be good for you if you are planning to make a house loan in the near future. You have to be disciplined by now so it won't be hard for you to apply and be approved.
7 mths
Host
I am honestly baffled.
7 mths