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Bank home loan ads 'confusing and misleading', say consumers

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Australian Broker | 17 Jun 2014, 08:00 AM Agree 0
A credit union is campaigning for clearer home loan rate advertising from lenders, saying very few Australians know how to correctly interpret bank advertisements’ financial content
  • Old Country Broker | 17 Jun 2014, 09:20 AM Agree 0
    Even more reason to use a broker.
  • TomTom | 17 Jun 2014, 10:49 AM Agree 0
    Is it just me or does this article not explain exactly what is confusing? We all know comparison rates are not worth the paper they are printed on given the loan size they account for.

    Yes just another reason to use a broker.
  • Broker | 17 Jun 2014, 11:36 AM Agree 0
    Don't tell ASIC , as they will find a way to blame Brokers for that!
  • Papery | 17 Jun 2014, 02:07 PM Agree 0
    Check out the latest CROCK put out by Kate Wick on

    'Dead in Debt: Mortgages for 105 year olds'

    A direct link from the ninemsn front page under the finance tab
  • Old Broker | 17 Jun 2014, 08:09 PM Agree 0
    Hang on your quoting 4.89% on your site and have clients paying 5.87% , why dont you quote the 4.89% or are you from the same brush as the others.
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