Banks Perform Badly For Giving Financial Advice

It’s not often that New Zealand banks get independently rated for customer satisfaction. Recently there has been a lot of publicity about the conduct and culture with the banks so it was good to see the research and ratings business Canstar come out this week with their 2019 Banking Satisfaction Survey and the commentary was
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We Arrange Sensible Debt Consolidation Loans

Today we felt compelled to post about sensible debt consolidation loans. Why? Because today we were putting together a debt consolidation loan application and saw one of the highest interest rate charges that we have seen in a long time. Our client had a loan and was being charged 47.8% Sometimes we are shocked when
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Paying Westpac Break Fees To Get Lower Home Loan Rates

Today we were contacted by Chris who has a Westpac mortgage with a loan balance of $979,815 The interest rate they were paying today was 4.80% and it is fixed until 24/10/2019 (6-months remaining) but Chris wanted to know if it was worth paying a break fee and getting onto the lower rates being offered by
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Think Carefully Before Fixing Your Mortgage

Home loan interest rates in New Zealand are at historically low levels and these rates and fixing your mortgage seems like an attractive option. But a huge number of Kiwis are looking at fixing their loans without considering the consequences. Don’t Fix & Forget Your Loans One of the problems with fixing your mortgage is
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