At Property Ed, we often hear from clients who’ve been told they should take out a credit card or car loan just to “build a credit score” for a future home loan.

Louise wants to be clear: you do not need to take on debt to qualify for a loan.

In her latest video, she shares a recent conversation with a young woman in her early twenties. Even though she had the cash to buy her car, she was advised to get a car loan to help her “build a credit rating.” Louise explains why this simply isn’t necessary.

Banks today can see your saving and spending habits directly through your transaction history. You don’t need to create artificial credit activity—just manage your money well.

Louise also talks about:

• Why borrowing to “build credit” isn’t required

• How to spot missing features in your loan setup—like an offset account not working

• A real case where a client went seven years without the offset they thought they had

• Why reviewing your accounts early can help prevent costly oversights

Watch the video | Read the Disclaimer

Reference: 2025 economics discussion with Sally Auld, NAB’s Chief Economist and Chris Thomas, Executive, NAB Commercial Broker and Equipment

Helping clients move closer to their goals, build wealth, and make confident decisions is what drives us every day. This recognition is a reminder that the work matters—and so do the people behind it.

Not sure if your loan is set up correctly?

If you’re unsure whether your loan or offset account is working as it should, our brokers are always available to walk you through it. It’s a simple step that can make a real difference.

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