Home loans from the Bank of Mom & Dad

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 media interviews and appearances. More… Share on facebook Share on google Share on twitter Share on linkedin Credi Pty Ltd is a Financial Technology business, […]

Seeking The Bank of Mum and Dad to Repair Costly Decisions

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 to save all over again? On top of that, have you also found yourself breaking an expensive item as soon as you return? Does this […]

The platform helping empower the ‘bank of mum and dad’ – MortgageBusiness.com.au

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 millennials who turn to their parents for a loan to buy their first property. The online platform for managing loan agreements between family, friends, and […]

Credi Featured on Channel 9 News Discussing the “Bank of Mum and Dad”

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 adult children are turning to their parents when buying their first home. Resulting in the so-called ‘bank of mum and dad’ becoming the fifth biggest […]

5 Steps To Asking Your Parents For a Loan

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 say no? What if they want me to pay it back with interest? This is why I’ve come up with five fool-proof steps to guarantee […]

Parents as Piggy Banks (Oink Oink!)

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 when you realise that you can’t afford it. Luckily for you and many other first-home buyers, there is a solution to this financial problem: the […]

Australia’s Bank of Mum and Dad Now 5th Biggest Lender

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 ‘bank of mum and dad’ becoming Australia’s 5th biggest lender. With property prices increasing and income growth lagging behind, millennials are finding it harder and […]

New survey highlights peak millennials struggle in buying their first property

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. Leger’s research outlines that 50% of 1000 surveyed believe the new mortgage regulations set by the federal government have impacted the type of property they […]

‘The bank of Mum and Dad’ dominating the lending market in Australia – AFR

‘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, lending around $65.3 billion – ‘the bank of mum and dad’. Hewett highlights statistics from a survey completed by Australian financial advisor platform, Mozo, which […]

50% of graduates continue to rely on the Bank of Mom and Dad

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 turning into a firm push – even if they are graduates and have acquired a full-time job. The Arizona Pathways to Life Success study of […]