Bank loans will be faster, easier to apply for under credit shake up – NEWS.com.au

The days of being asked by the big banks about every dollar of your expenditure from Uber Eats to Netflix to secure a loan to buy a home or a small business could soon be over.In the biggest shake up of credit laws in decades, the Morrison Government is set to encourage faster, easier loans to get the economy moving and help first home buyers get onto the property ladder.For those wondering whether its wise for Australia to adopt a let it rip approach to credit during a recession when our person…

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