Know what makes good collateral

Published 7 Aug 2020

The best types of assets to use as collateral are ones with a title of ownership such as a home or vehicle. Because banks are mostly conservative about valuing an asset themselves, keeping a detailed record of your assets' worth as part of your personal balance sheet can put a lender's mind at ease. You can easily compile this with an independent appraiser.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business