PRESS RELEASE: New Study Reveals Australians at Risk as Informal Loans from ‘The Bank of Mum & Dad’ Rise

Sydney. Aug 7, 2024: Lenders using The Bank of Mum & Dad are not taking adequate steps to safeguard themselves from risk according to a new study undertaken by money lending platform, Chipkie. [https://www.chipkie.com] The Chipkie study interviewed Australians intending to borrow from their parents or family to purchase a home in the next 12 … Continue reading PRESS RELEASE: New Study Reveals Australians at Risk as Informal Loans from ‘The Bank of Mum & Dad’ Rise