Case Study – Simplified Finance Broking

Paying too much interest on your business debt

Dallas Shores2021-07-10T18:13:44+08:0025th August 2011|Case Study, Tips|

I have seen a rising trend in self employed clients with business loans or overdrafts that are secured against residential property. In this general scenario most banks take advantage of this by loading interest rate by 2% or more per annum. The Problem [frame_right][/frame_right]Whilst the use of the funds may be for business use, as [...]

Loan review on guarantor loan leads to cutting interest rate by 2%

Dallas Shores2021-07-10T18:13:45+08:0025th August 2011|Case Study, Tips|

The Problem While researching the current situation and loan options for a young homebuyer whose parents were going to be the guarantors, I noticed the parent's current interest rates for their loans were very high - some were abnormally high. A few quick questions later and it was obvious that their previous broker hadn't conducted [...]