Can a single missed payment today decide whether someone secures a mortgage or is limited to high-cost lenders tomorrow? This guide explains how credit history and credit scores shape loan outcomes across New Zealand. It covers major banks like ANZ, ASB, Westpac and BNZ, credit unions, and non-bank lenders such as Harmoney and Squirrel Money. […]
Tag Archives: Loan approval factors
23
Sep
Sep
What if a single record kept by Experian, Equifax, or TransUnion decides whether a bank accepts your loan application or charges you twice the interest? Credit history is a record of how you borrow and pay back money. It’s kept by credit bureaus. It includes loans, credit cards, and if you pay on time. A […]