Lendi Homes

Supporting the homeless in 2020 is more important than ever

By Georgie Pickett-Heaps, PR Manager,5 June 2020| 1 min read

2020 has been a tough year but it’s been particularly tough for the 116,000 men, women and children in Australia who don’t have access to a secure place to live or the resources to keep them safe during this pandemic.

That’s why on Thursday 18 June 2020, our CEO David Hyman will be joined by a group of senior Lendi executives who are teaming up to take part in the Vinnies CEO Sleepout to raise funds and awareness of homelessness in Australia.

This year, the Sleepout will be a little different.

Due to social distancing, the event won’t take place in a central location. It will take place across the country as hundreds of business leaders and executives sleep in their cars, on their couches and in tents in their backyards.

They’ll get a glimpse of the conditions experienced by our homeless community every day. In Australia, around 8,200 people ‘sleep rough’ in improvised dwellings, tents or outdoors. But the majority of people facing homelessness are living in cars, on the couches of friends or family, or in overcrowded, temporary or unsuitable accommodation.

__To show your support for the Lendi team, get behind David Hyman, Mark Kalajzich, Sebastian Watkins and Zara Cobb and please donate here.

Remember - There is no single cause of homelessness. It can affect anyone at any time. A shortage of affordable and available rental housing, domestic and family violence, poverty, unemployment, mental illness, drug and alcohol abuse, financial crisis, exiting state care and/or prison, and economic and social exclusion are all factors that contribute to the current state of homelessness in Australia.

About the Sleepout

The Vinnies CEO Sleepout raises money for crisis accommodation, food, healthcare, counselling, education, employment, and support to find a permanent home for thousands of people across the country.

Due to the COVID-19 pandemic, the 2020 event will be live-streamed with participants taking part from their homes. Participants will nominate to sleep in either their cars, on their couches or in their backyards to gain a sense of the housing insecurity faced by thousands of Australians every night.

To support the team and the St Vincent de Paul Society, donate here.

What is Lendi Homes?

Lendi Homes was designed to give everyone at Lendi the opportunity to give back. By making it easier for Australians to find a better home loan, we’re helping relieve financial stress. That’s why each initiative in our Lendi Homes program has followed a similar theme of shelter, homes and houses. Learn more about Lendi Homes here.

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Lendi is the trading name of Lendi Pty Ltd (ACN 611 161 856, Credit Representative 518849), a related body corporate of Auscred Services Pty Ltd (ACN 164 638 171, Australian Credit Licence 442372). We will never sell your email address to any third party or send you nasty spam, promise.

# Quoted rate applies only to PAYG loans with LVR of 80% or less with security in non-remote areas. All applications are subject to assessment and lender approval.

Lendi is a privately owned and operated Aussie business. Our mission is to provide Aussies with the right experience when choosing a home loan from our panel of lenders including ClickLoans, a related body corporate of Auscred Services. Although Lendi compares over 1600 products from over 35 lenders, we don't cover the whole market or compare all features and there may be other features or options available to you. While Lendi is 40% owned by founders and employees, we have also been supported by some great minority shareholders including Bailador, Macquarie Bank Ltd and a number of Australian sophisticated investors. We have an independent and founder led board.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rates are based on a loan amount of $150,000 over a loan term of 25 years. Fees and charges apply. All applications are subject to assessment and lender approval. Quoted rate applies only to PAYG loans with LVR of 80% or less with security in non-remote areas. All applications are subject to assessment and lender approval.

EXAMPLE: This example is current as at 20th October 2016. A Click Loans Online Principal and Interest Loan of $150,000 over 25 years has monthly repayments of $767. This is calculated based on the interest rate of 3.69%, comparison rate of 3.69%, upfront fees of $0 and annual fees of $0.

IMPORTANT INFORMATION: Loan terms of between 1 Year and 40 Years are available subject to lender and credit criteria. Maximum comparison rate will not exceed 14.99% (see comparison rate warning above). Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn't take into account any product features or any applicable fees. Our lending criteria and the basis upon which we assess what you can afford may change at any time without notice. Savings shown are based on user inputted data and a loan term of 30 years. All applications for credit are subject to lender credit approval criteria.