Tim Dean talks Bank of Mum and Dad on Ticker TV

The Bank of Mum & Dad is much better deal that buy now pay later lenders https://youtu.be/1BPkevrd-_A?t=134 Former Sky News bureau chief Ahron Young launches Ticker TV and interviews Credi CEO Tim Dean on the true and hidden costs of companies like AfterPay and ZipPay and how properly documented loan from family can be better […]

Tight lending conditions set to increase first-home buyers’ reliance on bank of Mum and Dad

Tight lending conditions set to increase first-home buyers’ reliance on bank of Mum and Dad First-home buyers are expected to increasingly rely on the bank of mum and dad to get on the property ladder, despite improving affordability in Australia’s biggest housing markets. Experts say tighter lending conditions mean more buyers will require parental assistance […]

Are advisers at risk of losing wealth across generations?

Are advisers at risk of losing wealth across generations? Financial planners are being urged to consider what happens to their business models if they fail to ensure that the wealth they currently advise on stays with the firm as it is passed down the generations. A host of reports over the past few year have […]

Credi User Stats – May 2018

Credi User Stats – May 2018 Credi, the platform for managing your loan agreements, had a great May 2018. May saw us reach $68,909,298 AUD loan agreements formalised and managed. With $16,551,776 of these being active/live loan agreements. We also saw a 4.6% increase in our total user base to 3836. What is Credi Partner? […]

‘Bank of Mum and Dad’ – equal to £5.7bn mortgage lender

‘Bank of Mum and Dad’ – equal to £5.7bn mortgage lender Research suggests that ‘Bank of Mum and Dad’ will be behind more than one in four home purchases.  As cash-poor children fail to find £18,000 deposit. Parents are starting to feel the strain as the average contribution has fallen from £21,600 last year to […]

Budget 2018 leaves “Bank of Mum and Dad” to help first-time buyers

Budget 2018 leaves “Bank of Mum and Dad” to help first-time buyers Over 50% of first-time buyers are getting support from ‘The Bank of Mum and Dad’. A number of parents were looking to the budget to help shoulder the financial cost of helping their children get into the housing market. Unfortunately, the 2018 Budget […]

CEO Tim Dean live on Channel 9 News

CEO Tim K. Dean live on Channel 9 News Formalise loan agreements with Credi If you have a business associate, friend or family member who you would like to lend to or borrow from, you can use Credi to document the process. Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank […]