'Mortgage prison' sees Aussies lose thousands in potential savings
Some borrowers have found themselves locked in a 'mortgage prison', potentially costing them more than $10,000 in savings per year.
Source: thenewdaily.com.au
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Lenders begin tweaking serviceability buffers
Several lenders have begun lowering their serviceability assessments for certain borrowers in a bid to help more customers refinance.
Source: theadviser.com.au
ASIC sues Money3 for alleged responsible lending breaches
The financial services regulator has commenced civil penalty proceedings in the Federal Court against a car loan provider. The Australian Securities & Investments Commission (ASIC) has confirmed it i
Source: theadviser.com.au