June 25th, 2019
Pepper has updated its serviceability calculator in line with ASIC guidance on credit card responsible lending assessments. From 1 July 2019, when a consumer applies for credit, such as a home loan, personal loan or car finance, the lender will have to consider applications on the basis that consumers with credit cards can repay their full obligations within three years.
Adelaide Bank AMP ANZ Auswide Bank of Melbourne Bank of Queensland Bank SA BankWest Better Choice Home Loans Bluebay BMM CBA Connective Advance Connective Elevate Connective Essentials Connective Select Connective Solutions Citibank Firefighters Mutual Bank FirstMac Gateway Gateway Bank Health Professionals Bank Heritage Homeloans homestart IMB ING Commercial ING Residential Keystart Latitude Financial Services Lumi MA Money Macquarie ME Bank MyState NAB NAB Broker Newcastle Permanent P&N bank Pepper Money Resimac St George Suncorp Teachers Mutual Bank uBank Unibank Westpac