
Avoid Drama lending to a sibling who has lost their job
Avoid drama lending to a sibling who has lost their job Avoid drama lending to a sibling who has lost their job The tough decision you face when a sibling
Avoid drama lending to a sibling who has lost their job Avoid drama lending to a sibling who has lost their job The tough decision you face when a sibling
More than half of UK kids want to be bankrolled by mum and dad until first job More than half of UK kids want to be bankrolled by mum and
Adult children are straining the generosity of parents Adult children are straining the generosity of parents Demands for extended support are growing, but an Italian judge has put her foot
Landmark ruling reinforces the need for a formal transaction between parents and their children Landmark ruling reinforces the need for a formal transaction between parents and their children Italy’s Supreme
Changes to IRS Tax Rules Now Let You Borrow From Family At Ultra Low Interest Rates Changes to IRS Tax Rules Now Let You Borrow From Family At Ultra Low
SME Confidence Devastated by Second Wave SME Confidence Devastated by Second Wave The latest wave of the COVID-19 SME Research Tracker shows that as outbreaks persist, revenues continue to fall
Bank of Mum & Dad to help first time buyers as NSW abolish stamp duty for new homes under $800,000 Bank of Mum & Dad to help first time buyers
Personal business investments & how to safeguard them Personal business investments & how to safeguard them The impact of COVID-19 on both personal and business financial arrangements is going to
Millennials turning to ‘Bank of Mum and Dad’ are putting parents at risk without proper loan documentation Millennials turning to ‘Bank of Mum and Dad’ are putting parents at risk
Surge in first home buyers enquires signals big growth in demand for the Bank of Mum & Dad. Surge in first home buyers enquires signals big growth in demand for
Parents whom lend to their children will now need to have repayment plan documented as banks tighten up post-retirement mortgage repayment plans Parents whom lend to their children will now
Bank of Mum and Dad is back to bridge deposit gap Bank of Mum and Dad is back to bridge deposit gap Record low interest rates and government incentives are
Bank of Mum and Dad: Alternatives to 95% mortgages Bank of Mum and Dad: Alternatives to 95% mortgages If you are a first-time buyer with only a 5 % deposit,
Covid fall-out will impact housing market – even for the young Covid fall-out will impact housing market – even for the young In a falling housing market, loan-to-value ratios and
Survey reveals businesses finding it tough; willing to borrow from family and friends Survey reveals businesses finding it tough; willing to borrow from family and friends A vast majority of
Wealth managers adding the bank of Mum and Dad to their portfolios Wealth managers adding the bank of Mum and Dad to their portfolios We’ve been spruiking the virtues of
Untangle any personal financing arrangements you have with your business – good for you, good for your business Untangle any personal financing arrangements you have with your business – good
Australia risks ‘insolvency tsunami’ when coronavirus aid ends Australia risks ‘insolvency tsunami’ when coronavirus aid ends SYDNEY — Australia faces an “insolvency tsunami” when government handouts to help businesses cope
Bank of Mum & Dad critical as banks increase minimum deposit amount amid house price slump fears Bank of Mum & Dad critical as banks increase minimum deposit amount amid
Being hurt by ultra-low saving account rates families’ lend to each other for a win-win. Being hurt by ultra-low saving account rates families’ lend to each other for a win-win.
Another spike in jobless rate expected Economists expect a further jump in the unemployment rate to seven per cent, the highest rate in 21 years Another spike in jobless rate
Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends – Business owners need to protect what they are owed Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends – Business owners need
Bank of mum and dad still key for buyers Bank of mum and dad still key for buyers Two in five first-time buyers expect to receive money from family members
‘Catalytic impact’: end of hardship measures could trigger collapse ‘Catalytic impact’: end of hardship measures could trigger collapse ‘Catalytic impact’: end of hardship measures could trigger collapse Hardship assistance given
15% of SMEs use personal savings to keep business afloat. How do they protect this money? 15% of SMEs use personal savings to keep business afloat. How do they protect
As Mortgage lenders retreat from first time buyers with low deposits the ‘Bank of Mum & Dad’ is more vital than ever As Mortgage lenders retreat from first time buyers
Triple M interviewsCEO Tim Dean on Credi.com the platform that makes ‘the bank of mum and dad’ easy Triple M interviewsCEO Tim Dean on Credi.com the platform that makes ‘the
As BNPL surges, and families self finance through the ‘bank of mum and dad, Credit cards keep taking flack As BNPL surges, and families self finance through the ‘bank of
Credi can help Aussie business owners prepare for the worst global recession since World War II Credi can help Aussie business owners prepare for the worst global recession since World
With startups key to economic recovery it vital that founders & investors are smart about how they put money into a business With startups key to economic recovery it vital
Businesses Born in a Crisis Are Wired Differently Businesses born in a Crisis are wired Differently Businesses spawned by the GFC are wired differently I One of the most unexpected
Coronavirus will bankrupt more people than it kills. The Bank of Mum & Dad will be needed more than ever Coronavirus will bankrupt more people than it kills. The Bank
How will youth unemployment affect Gen Z’s ability to buy a home? The Bank of Mum & Dad is needed more than ever. How will youth unemployment affect Gen Z’s
With companies filing for bankruptcy on the rise, owners and investors need to think about protecting the money they are owed With companies filing for bankruptcy on the rise, owners
As 3 million workers to seek career change startups will look to the Bank of Mum & Dad As 3 million workers to seek career change startups will look to
Insolvencies could spike in coming months! Is the money your business owes you protected? Insolvencies could spike in coming months! Is the money your business owes you protected? Photo by Anastasiia
Avoid the hidden cost of lending to family. Before you lend, here’s a checklist. Avoid the hidden cost of lending to family. Before you lend, here’s a checklist. Are they
Small business confidence takes a record nosedive. Owners need to protect the money their businesses owes them. Small business confidence takes a record nosedive. Owners need to protect the money
With 1 in 14 mortgages deferred for 6 Months the Bank of Mum & Dad is going to needed more than ever With 1 in 14 mortgages deferred for 6
As banks require bigger % deposits first time buyers turn to the Bank of Mum & Dad As banks require bigger % deposits first time buyers turn to the Bank
End to interest only loans hurt investors but may create opportunity for first time buyers with help from the Bank of Mum & Dad End to interest only loans hurt
ANZ says House prices to bottom out by mid-202. Is this a window of opportunity for first time buyers with help from the Bank of Mum & Dad? ANZ says
Opportunity for first time buyers with help from Bank of Mum & Dad as house prices fall & discounting doubles. Opportunity for first time buyers with help from Bank of
Is now a good time to buy for first-timers… with a little help from the Bank of Mum & Dad? Is now a good time to buy for first-timers… with
A loan from family members could save many SMEs A loan from family members could save many SMEs While a business loan from family members may seem unorthodox, it is
Protecting your relationship when borrowing money from friends or family Protecting your relationship when borrowing money from friends or family The Bank of Mum and Dad is one of the
The way deposits are funded sees major rise in support from the Bank of Mum and Dad The way deposits are funded sees major rise in support from the Bank
Demands on the “Bank of Mum and Dad” are rising as adult children ask for help in rebuilding their finances Demands on the “Bank of Mum and Dad” are rising
Bank of Mum & Dad gears up as housing market opens For business Bank of Mum & Dad gears up as housing market opens For business As lockdowns start to
Crisis looming at the bank of mum and dad. When Lending think it through & document the loan. Crisis looming at the bank of mum and dad. When Lending think
Savers face brutal cuts to interest rates making lending to friends and family an option worth Considering Savers face brutal cuts to interest rates making lending to friends and family
BOMAD News -As mortgage lenders tighten lending Bank of Mum & Dad needed to fill the gap BOMAD News -As mortgage lenders tighten lending Bank of Mum & Dad needed
Credi CEO on the launch of BOMAD Community with ‘The Big Smoke’ Credi CEO on the launch of BOMAD Community with ‘The Big Smoke’ We (the Big Smoke) sat down
Now may be a good time to lend cash to deserving relations. Now may be a good time to lend cash to deserving relations. “To keep away from bother with
Major Bank Westpac tightens lending criteria for self employed Major Bank Westpac tightens lending criteria for self employed As Covid19 & recession has triggered a credit squeeze making it tougher
Gig economy companies cut thousands of jobs – Millennials will need to turn to Bank of Mum & Dad Gig economy companies cut thousands of jobs – Millennials will need
Bank of Mum and Dad enters the bailout business Bank of Mum and Dad enters the bailout business As young renters feel the pain, parents are having to bridge the
BOMAD News – Bloomberg – 1 in 6 workers are in the gig economy and we don’t have a strong safety net in place.” BOMAD News – Bloomberg – 1
Covid19 -Temporary relief for financially distressed businesses Covid19 -Temporary relief for financially distressed businesses The economic impacts of the Coronavirus and health measures to prevent its spread could see many
Bank of Mum and Dad Australia’s fifth biggest home loan lender Bank of Mum and Dad Australia’s fifth biggest home loan lender Bank of Mum and Dad lending an average
Credi CEO on Breaking Banks the #1 Global Fintech Radio Show & Podcast Tim Dean talks evolution of relationship lending with Brett King on Breaking Banks Podcast Brett King FinTech
Bank of Mum and Dad beware lack of documentation it could cost your dearly Bank of Mum and Dad beware lack of documentation it could cost your dearly Documentation is
Help your kids get on the property ladder but don’t hurt yourself in the process Help your kids get on the property ladder but don’t hurt yourself in the process
Bank of Mum & Dad Loans Rising -Channel 9 News Bank of Mum & Dad Loans Rising -Channel 9 News Formalise loan agreements with Credi If you have a business
Credi’s CEO Tim Dean Live on Sky News with Ticky Fullerton Credi’s CEO Tim Dean Live on Sky News with Ticky Fullerton Tim Dean, Credi’s CEO was live in Sky
The Bank of Mum & Dad is much better deal that buy now pay later lenders The Bank of Mum & Dad is much better deal that buy now pay
The Tax Landmines Of Lending To Family Members The Tax Landmines Of Lending To Family Members Many people are happy to lend money to their loved ones, especially to children
When it comes to loaning money to family, friends or a business, there are important things you should consider in order to protect against default and other risks. We’re building a relationship-lending platform to makes things easy, fast and secure.
For the newest addition to Fintech Australia’s board, the name of the game is helping WA find its place. FinTech Australia is the industry’s national body, providing everything from networking to advocacy.
Tips on the give and take of money talk for the Bank of Mum & Dad Tips on the give and take of money talk for the Bank of Mum
Saving rate heading to zero! Keep it in the family with the Bank of Mum & Dad Saving rate heading to zero! Keep it in the family with the Bank
Bank of Mum & Dad court cases soar, documented agreements could avoid this Bank of Mum & Dad court cases soar, documented agreements could avoid this Parents who help younger
We all want to help out where we can when it comes to family but it’s important to have the right documentation in place in order to stop potential heartache and risk of default.
Bank of mum and dad ‘one of UK’s biggest mortgage lenders’ Bank of mum and dad ‘one of UK’s biggest mortgage lenders’ The average parental contribution for homebuyers this year
Last year parents & grandparents handed £6.3 billion to relatives to help them buy homes But while this cash helped thousands of younger Brits take their first step onto the
The Bank of Mum and Dad revealed as one of Australia’s largest and most trusting financial institutions, but at what cost? The Bank of Mum and Dad revealed as one
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
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
At What Age Are Entrepreneurs Likely to Find Success? Silicon Valley’s tech workers can go to great lengths to appear youthful—from having plastic surgery and hair transplants, to lurking in
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.
‘Bank of Mum and Dad’ equal to £5.7bn mortgage lender. Daily Mail Research suggests that ‘Bank of Mum and Dad’ will be behind more than one in four home purchases.
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
Majority First-home buyers now use ‘Bank of Mum and Dad’ according to domain.com.au The majority of first home buyers now borrow from the ‘The Bank of Mum and Dad’. Accounting
Financial Review reports 25% increase in lending by ‘The Bank of Mum and Dad’ ‘The Bank of Mum and Dad’ is reported to in increase lending by 25% to $20
Couple loses £90,000 in what they thought was a loan to their daughter A misunderstanding in loan terms causes a rift at the bank of Mum and Dad . Formalise
Credi Corporate Presentation We would like to share Credi’s latest corporate presentation which as well as being the latest snapshot on Credi, highlights where we see the next six months
Credi User Stats & Credi Partner Launch – March 2018 Credi, the platform for managing your loan agreements, had a great March 2018. March saw us reach $57,840,697 AUD loan
Make and save money by documenting a loan agreement How to make and save money documenting a related party loan Documenting a loan agreement to a related party is crucial
Credi User Stats – February 2018 Credi, the online platform for managing a loan agreement between friends or family, has set new records in February 2018. The Credi platform has
Should you start a loan agreement between friends? Would you start a loan agreement between friends? Lending a friend $20 a few days away from pay-day is not a big
Credi User Stats – January 2018 Credi takes up Internationally. In December we quietly opened up our platform to 51 countries, and organically we are seeing usage spread globally. Our
Qantas Talking Business – Credi CEO joins Alan Kohler Listen to the podcast. Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad
What a great 2017! Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews and
Home loans from the Bank of Parent Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for
2,000 users can’t be wrong, why wait? Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for
Credi on The Daily Drive Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews
CEO Tim Dean on 6PR Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews
Credi featured in the top 10 trending startups coming out of WA Credi has been featured in the top 10 trending startups from Smart Company. Read the article. Tim K.
Seeking The Bank of Mum and Dad to Repair Costly Decisions Have you ever returned from your long awaited holiday, that took years of saving, to only find yourself starting
Credi’s Tim Dean on Home & Holiday Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for
I’m a member of gen Y living in an expensive city with a new sense of hope My name is Harry, I’m 23 and I am a member of Gen
Traveling Clues: how to travel when you’re 19, work part time & a student Travel (noun): To go from one place to another, as on a trip; journey. It’s a
#BOMAD Being a part of generation Y has its challenges. One of the many challenges currently facing 20 something’s is buying a house. For students like myself, there are really
What to do when reality hits! Imagine you have just come home from your whirlwind six-week getaway to Europe. You have spent weeks walking, eating and taking thousands of photos
Credi User Stats – October 2017 Credi, the platform managing your loan agreements, had a great October 2017. This October 2017 saw $32.5 million worth of loans set up to
Learning how to adult and sometimes asking for help Why should we learn how to adult? I look at today’s youth and often think that the housing affordability crisis, coupled
The platform helping empower the ‘bank of mum and dad’ – MortgageBusiness.com.au Tim Dean talked with Annie Kane from MortgageBusiness.com.au earlier this year and discussed Credi’s potential to help struggling
Spending Can Be Saving – How to Avoid Excess Student Debt So no one loves the idea of spending tons of money when it’s not necessary right? But there are
New Zealand Herald digs deep to find out about the new Fintech in town Credi.com, last month, announced the launch of its platform in New Zealand. Now with only a
Credi Featured on Channel 9 News Discussing the “Bank of Mum and Dad” Credi was live on Channel 9 News last Thursday and Friday. Nathan Brooks reports on how many
5 Steps To Asking Your Parents For a Loan We all know asking your parents for anything let alone a considerable amount of money can be daunting. What if they
3 Easy Steps to Lend Money the Smart Way Credit.com highlights 3 easy steps to help you lend money safely to your family and friends. If a friend or family
Credi shared across social platforms after Australian FinTech feature Last week Australian FinTech shared with their subscribers the exciting news of Credi’s international expansion. The financial technology (fintech) news platform
Parents as Piggy Banks (Oink Oink!) It’s an unforgettable feeling when you realise you have found your perfect first home. However, it’s an even more yet somewhat distressing unforgettable feeling
New Zealand Herald digs deep to find out about the new Fintech in town The platform has seen an increase in users and is now expanding internationally. Credi the relationship
DailyFintech Announces – Credi Starts Exporting to the World Daily Fintech.com last week announced Credi’s roll out to the world. Along with another lending platform, Daily Fintech shared both companies
Australia’s Bank of Mum and Dad Now 5th Biggest Lender Australian financial advisor platform, Mozo, has found young first home buyers turning to their parents for help, resulted in the
New survey highlights peak millennials struggle in buying their first property Garry Marr from Financial Post in Canada writes of the struggle peak Millennials face in buying their first property.
Relationship Lending Fintech Platform Goes Global – Finder.com.au Elizabeth Barry from Finder.com.au writes of Credi’s significant growth and expansion in ONLY 5 months, by announcing their up-and-coming international launch to
‘The bank of Mum and Dad’ dominating the lending market in Australia – AFR Jennifer Hewett of the Australian Financial Review (AFR) reports on the 5th largest lender in Australia,
My Dream Car with a Dream Loan Agreement Loaning in Australia is not a new phenomenon with the Australian public lending in excess of $1.65 billion in unprotected and unformal
Credi – Begins International Rollout – First Stop New Zealand $35 million loans & almost 2,000 accounts since launch Credi to go live in New Zealand on 23 October 2017
50% of graduates continue to rely on the Bank of Mom and Dad These days parents are finding that the nudge to encourage their children to achieve financial independence is
Loans from the bank of Mum and Dad cause financial strain The Canberra Times found that first home buyers who receive loans from their parents are more likely to encounter financial
Forming loan agreements with family members and friends Loan agreements become tricky when it involves lending or borrowing from family or friends. We would all like to help out the
Lending or gifting is a major financial commitment – Credi can help you! Lending or gifting are some of the most common ways of parents helping their children buy their
Formalising the bank of Mum and Dad with Credi – Kaplan feature Kaplan’s recent article on formalising the bank of mum and dad highlights statistics on informal lending between friends and family. Kaplan
Eleventh largest unregulated bank in Australia Most first home buyers are turning to the eleventh largest unregulated bank for financial support when purchasing their residential property. Who is this unregulated
Study finds more young adults are relying on the bank of Mum and Dad Global News Canada’s journalist, Jon Azpiri, writes of a new study highlighting that more young adults
Seeking financial help for your business with bad credit LeaseFunders infographic shows a great way to seek financial help for your business even when you have bad credit. Poor credit
Is it really a bad idea lending to family and friends? We’ve always been told never to lend money unless you’re willing to lose it, however, WeFinance’s Willy Chu writes of
Fathers Day praise for the bank of Dad’s in Perth – Credi in The Sunday Times The Sunday Times celebrated Perth Fathers on Sunday by chatting with Tim Dean and
Parents becoming key support for millennials struggling to enter the property market The bank of mum and dad are playing a key role in helping their struggling millennial children purchase
Credi’s New Records – August 2017 Credi.com, the platform that powers “the Bank of Mum and Dad” – has set new records in August 2017. Overall the platform has exponentially
Loan from the bank of Mum and Dad- 1 of 3 ways to help your child free themselves from debt ‘Adulthood isn’t what it’s cut out to be’; Debt Consolidation.com
Bad Lending experiences shared by listeners on Today FM Ireland Have you ever had a bad experience when lending to family or friends? Don’t worry, you’re not alone. Today FM’s
Second-steppers taking over, keeping the Bank of Mum and Dad in business Research highlighted in Property Industry Eye’s article highlights greater numbers of second-steppers than first home buyers are seeking
RFi Group: The Australian Fintech targeting informal lending – Credi RFi Group writes of the new Australian fintech company targeting informal lending. Have you heard of them? It’s Credi! RFi
New Zealanders worry about record level of debt The New Zealand Herald highlights statistics from the Commission for Financial Capability showing Kiwi’s worry for the record level of debt. One
Canadian parents provide adult children with $24K to move out On average Canadian parents gift their children $24,000 so they can move out. Inside Halton digs deep into Canadian Imperial
Should the bank of Mum and Dad Gift or Loan? Katherine Denham from City A.M. brings you an article to help parents decide whether they should gift or loan to
Australian Anthill feature: Powering the bank of Mum and Dad Internationally This August Credi was featured in Australian Anthill, where the online publication highlighted our capital raising efforts to raise
The bank of Mum and Dad: the best way to save for a home To the baby boomers and generations before us, as soon as a child moves out of
Bank of Mum and Dad equal to the 9th biggest mortgage lender in the UK Journalist Isabelle Fraser of the Telegraph in the UK writes of the impact of the
Credi featured on Startup Daily Credi, the fintech platform that ‘formalises loans among family and friends to reduce friction’ was featured in this month’s stories of Startup Daily. Startup Daily
Perth fintech Credi formalises loans among family and friends to reduce friction Coming out of Perth with a new approach to the space is fintech Credi. “The lending niche makes
Legal & General’s research on the ‘Bank of Mum and Dad’ Legal & General’s recent reports have shown the significant impact of the ‘Bank of Mum and Dad’ in helping
Credi live on Sydney’s 2UE 954 News Talk with Peter Switzer Live from Sydney, Tim Dean joined Peter Switzer, the host of 2UE 954 News Talk, for an interview about
Credi’s New Records – July 2017 Credi.com, the platform that powers “the Bank of Mum and Dad” – has set new records this July 2017. Overall the platform has exponentially
Credi live on air with Ben Davis at 4BC 1116 News Talk Credi was featured live on air with 4BC 1116 News Talk’s Ben Davis. New research has found that