Ordering less Take Away could increase your home loan chances
When applying for a Home or Car loan, not even your dinner is safe from scrutiny.
Personal spending habits on things like clothes, holidays, and takeaway food are becoming under scrutiny when a bank considers your loan application. Banks are now looking at bank statements to see how often you order Uber Eats, how much you spend on shoes and if you make a habit of putting on a bet at the races.
The process is made tricky with technology changing the game. People don’t use cash anymore, and everything can be tracked when you use a debit card, a credit card or even Apple Pay.
So when applying for a loan it’s important to keep in mind that someone is watching before making a purchase. Everything you do & spend will be analysed during the application process.
Here are 5 simple steps that will help you increase your chances of getting a Loan: