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Personal Loans Articles

Top Mistakes to Avoid When Applying for a Loan
Top Mistakes to Avoid When Applying for a Loan
Applying for a loan can be a daunting process, filled with numerous requirements and potential pitfalls. However, avoiding mistakes is crucial to boost your chances of approval and secure the best possible terms. Making errors during your application can lead to unnecessary delays, higher interest rates, or even denial. - read more
Pre-Approval Loans: How They Work and Why They Matter
Pre-Approval Loans: How They Work and Why They Matter
A pre-approval loan is an agreement between a lender and a borrower indicating how much the lender is willing to lend to the borrower, subject to certain conditions. - read more
Effective Credit Repair: Long-Term Strategies for Sustained Improvement
Effective Credit Repair: Long-Term Strategies for Sustained Improvement
Maintaining a good credit score is crucial for financial health. In Australia, a solid credit score can unlock better interest rates, higher credit limits, and improve your chances of loan approval. - read more

Finance News

IMB Bank Recognised as Australia's Leading Personal Loan Provider in 2026
IMB Bank Recognised as Australia's Leading Personal Loan Provider in 2026
09 Mar 2026: Paige Estritori
In a significant achievement, IMB Bank has been named Australia's Best Personal Loan lender for 2026 by Mozo, a leading financial comparison platform. This marks the second consecutive year that IMB Bank has secured this prestigious title, underscoring its consistent commitment to providing exceptional value in personal lending. - read more
APRA's New Debt-to-Income Cap Aims to Curb High-Risk Mortgage Lending
APRA's New Debt-to-Income Cap Aims to Curb High-Risk Mortgage Lending
09 Mar 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks associated with high debt-to-income (DTI) mortgage lending. Effective from 1 February 2026, APRA will enforce a cap, limiting banks to allocating no more than 20% of new mortgages to borrowers whose total debt exceeds six times their income. - read more
Record Surge in Investor Lending Raises Regulatory Concerns
Record Surge in Investor Lending Raises Regulatory Concerns
09 Mar 2026: Paige Estritori
Recent data from the Australian Prudential Regulation Authority (APRA) indicates a significant surge in investor lending, with new investment loans totalling $72 billion in the September quarter of 2025. This marks a 12% increase from the previous quarter, highlighting a robust appetite among investors for property acquisitions. - read more

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Knowledgebase
Loan Origination Fee:
A fee charged by a lender for processing a new loan application, typically expressed as a percentage of the loan amount.