This month will see the end of my Debt Agreement after a long 5 yrs , not that it makes any difference but my debt agreement had nothing to do with bad investments or spending what I didnt have it was more like medical bills etc . My question is how hard is it for me to obtain finance for investment purposes (Property ) or even for car , I wont go for credit cards anymore for a while not that they will give me one anyway . I am thinking of asking my own bank who the home Mortgage is with and had no defaults with them .
If there is nothing on your credit report and you have never been bankrupt it should not affect you. You should be able to borrow as long as you can meet serviceability and deposit requirements.
Finance Debt Agreement comes under Part IX of the Bankruptcy Act 1966 , so its not a full Bankruptcy but still leaves mark on your credit file
If you're looking for some tips on how to get your next loan approved, my recent blog could help https://rightfinancial.com.au/home-loan-approval-tips/