Interest averaging cheaper in 2019 due to new rules

  Due to new rules, interest averaging has become cheaper. Banks may not charge extra costs for averaging. Can your mortgage interest rate be lowered? Only current costs with interest averaging New rules for interest averaging apply from 1 July 2019. From then on, banks are not allowed to charge more costs than the ‘current […]

Is it worth reaching for a consolidation loan?

Consolidation loan A consolidation loan is a bank product that serves to pay off earlier commitments. The bank chosen by the borrower allows the repayment of several existing debts, in return offering one loan, covering the amount necessary to return. The consolidation loan can be used to repay consumer, home and car loans as well […]