Shoes, coffee, petrol, KFC.... Typically your bank statement is not the sort of thing you want people reading, but come December the banks will be doing just that - going through your statements - and judging you. From the 1st, under the Credit Contracts and Consumer Finance Act, banks are required to actively review your information in more detail before granting you a home loan - adding to the list of obstacles already in your way. Financial Advisor, Chris Rapson explains what's in store.
27 Oct 2021