P&I to IO - Impact on credit file.

Discussion in 'Loans & Mortgage Brokers' started by Harry30, 16th May, 2019.

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  1. Harry30

    Harry30 Well-Known Member

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    If you have a P&I Investment loan, and seek to move it to IO, I understand it is ordinarily a full application. However, does making such an application result in an entry on your credit file?
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Australia wide
    Yes, it will result in a new credit check
     
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