3 advantages of bad credit home loans

Unexpected or unmanageable life events such as divorce, illness or abruptly losing your job can all make monetary commitments difficult to keep up with. But not having the best financial history shouldn’t stop you from getting a home loan and owning your own abode.  Fortunately, Redrock offers flexible bad credit home loans for borrowers with […]

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What’s considered bad credit?

Your credit history can be a reflection of how consistent you’ve been as a borrower and bill payer, but there can be times when these responsibilities get the better of you. If you’ve ended up with a black mark on your report, the road to home ownership might seem like its paved with pitfalls that […]

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Top 2 credit impairments

Wondering what has affected your ability to secure a mortgage? One of the largest considerations that lenders take into account when assessing your application is your credit rating. As a summary of all your credit-related activities, this document can reflect your dependability as a borrower, setting the benchmark against which they will judge your ability […]

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Three ways to bolster your savings account

Sometimes the home of your dreams can be just out of arms reach, as you’re unable to meet the deposit requirements set by your mortgage lender. While this can be frustrating, there’s no need to make a mountain out of molehill. Redrock has a range of of products for people with ‘outside the square’ finance […]

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What Is the approval process for bad credit mortgages?

There are various reasons why a person might choose to take out a bad credit mortgage. It might be that your credit rating isn’t quite what lenders are looking for, or that you have a debt history that makes you a risky prospect. No matter what the reasons behind a lenders’ decision, it’s important to […]

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How are bad credit mortgages assessed?

Have you ever applied for a home loan, only to find out that your application has not been approved? You’re not alone in this scenario – but the good news is, there’s a solution to your woes. Bad credit mortgages are designed to help borrowers who don’t fit a lender’s ideal mould.  Whether you’ve just […]

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I’ve Got Bad Credit. Should I Get A Copy Of My Credit File?

If you’ve ever approached a lender for a home loan or any other borrowing purpose, you’re likely to have come across your credit report – and it might have been an eye-opening experience. A lot of Australians aren’t actually aware that they can secure a copy of this document or have even thought about taking […]

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What can affect my credit history?

The process of managing and maintaining your finances can easily become overwhelming in day-to-day life. With so many things to consider and bills to pay, the odd payment can slip through the crack on occasion. However, something to keep in mind is the presence of a credit history. It can be the elephant in the […]

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3 Common bad credit myths

There are any number of myths surrounding borrowers with bad credit. If you have a credit history that is less than perfect, you might feel uncertain about applying for a bad credit home loan – but you needn’t be. Here are some of the most common myths about bad credit to help you secure a […]

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3 ways to get a home loan with bad credit

Juggling everyday costs with long term savings goals can be difficult, and there can be times when payments slip out of reach. These can show up on your credit history and undermine your efforts to get a home loan, but you needn’t despair. By keeping these three tips in mind, you can work your way […]

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