Balance Transfer for Offset account

Your score at Quipfax or some of the others doesnt really reflect in the capacity to get lending per se.

There are a bunhc of other factor at play that lender systems work through.

LVR is just one of those, security type and location is another,resi and employment stability another etc

at 80 % a busy file is much less of an issue than at 90 inc mi, or heaven forbid at 90 plus

The core issue with Churn is this

9 apps for cards, on file and say one is retained ..............

The scoring system will likely suggest you are telling porkies and have other stuff that hasnt been declared.

While this can be explained, and letters obtained to convince a human, most borrowers ( and brokers) dont have an idea which lender uses an automated process and which doesnt

ta
rolf

 

Quite standard for Amex I recall, and some other providers.

Not the same as a full blown enquiry per se im told.

ta

rolf