/financeMost people think a loan is judged on its own merits. It isn’t. Before anyone reviews it, an application is placed into a risk category. That category largely determines the outcome. Two applications can look almost identical. One is approved. The other isn’t. Not becaus
/financeMost people fixate on fees and ignore outcomes. That is a strategic error. A loan advertised as “no broker fee” is rarely cheaper. The cost is simply embedded elsewhere: Higher interest rates Longer terms Inferior lender selection Zero negotiation on structure Profe
/financeIncome gets you through the door. Behaviour decides the outcome. Lenders look at patterns: • missed payments • recent credit searches • balance creep • reliance on short-term credit Two people can earn the same money and carry completely different risk. Credit isn’t
/financeMost people judge a loan by one metric: “Can I afford the monthly payment?” That question is incomplete — and often expensive. Two loans can have the same monthly payment and wildly different outcomes depending on: Total interest paid over the term Fees hidden in the s
/financeWhy “affordability” isn’t the same as “can you repay?” Most people think lenders ask one question: Can this person make the monthly payment? That’s not the real question. Lenders separate three things: Capacity – does income cover repayments on paper Resilience
/financeI'll be posting concise explanations on how credit, loans, and risk actually work - without hype or sales angles.
Roll credits.