1/10th of credit applicants give dodgy data

Up to 1.6 million Australian have misrepresented their financial information when applying for a loan in order to obtain credit, according to Veda Advantage‚Äôs latest Australian Debt Study. While the study found the majority of Australians were honest about their current financial status, 823,000 people had understated their total expenses and 342,000 had overstated their…

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