Is AMP really that bad? - I'm going through a mortgage broker, and he's strongly recommending AMP because I have no credit history and that's an instant rejection from the other banks apparently. (26m, living at home)
Looking at this sub there seem to be a lot of people that hate AMP strongly. Is my broker right that they are basically the only option and I'm just screwed? and for a loan on an apartment (\~500k) are they indeed as terrible as everyone is making them out to be?Ausfinance
Is AMP really that bad? - I'm going through a mortgage broker, and he's strongly recommending AMP because I have no credit history and that's an instant rejection from the other banks apparently. (26m, living at home)
Looking at this sub there seem to be a lot of people that hate AMP strongly. Is my broker right that they are basically the only option and I'm just screwed? and for a loan on an apartment (\~500k) are they indeed as terrible as everyone is making them out to be?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...