Firstmac analysis shows the number of borrowers on hardship is falling (MPA Magazine)

The latest data from Firstmac’s $12.6b loan book shows that the number of Australians on COVID-19 hardship arrangements is steadily falling despite the second wave of lockdown in Victoria. MPA spoke with chief financial officer James Austin about how Victoria compares with other states and why the ACT is doing the best nationwide.

View article here 

Read more…

Recent articles

14 Oct 2016

Morning Briefing: Non-bank offers ‘fastest ever’ 2-week settlement guarantee

Non-bank lender Firstmac is offering a two-week settlement guarantee to broker clients, which it says is a response to broker feedback for faster turnaround from lenders with a set time frame to manage customer expectations.

View article here