Here's the part I like:
“With positive credit reporting, lenders can identify low-risk borrowers and reward them with lower rates on mortgages.”
This translates to: Be a good citizen, don't hide anything and we'll charge you less money than the citizen who wants to conceal information from us. Note that we're still charging you and you'll still be in debt to us. We will still own you for the duration of the mortgage.
www.news.com.au
(visit the link for the full news article)
