Home / Home Loans / Get a better deal from a credit union

Get a better deal from a credit union

16/06/2010

Louise Petschler, CEO, Abacus – Australian Mutuals, writes: independent rate comparisons, including those by Canstar Cannex data today shows the average SVLR offered by a credit union is 33 bps lower than major banks, and building societies 31 bps lower than the big banks.

I’m surprised that our modest efforts to remind people that we exist and offer a great alternative have caused the holders of 90 per cent of the retail market concern and some commentators to suggest conspiracies. Our aim is to inform consumers and increase awareness and we have worked hard to present our information fairly and clearly. See www.comesbacktoyou.com.au for more detail.

Source: BankingDay



Previous Article  Next Article


Popular Mortgages $250k

 



Popular Searches


Today's Best Rates

Institution Product Title Rate (%) Details
eMoney Pro Pack 75 (loans below 75% LVR. Contact us for loans above this LVR) 6.08  
UHomeLoan - Refinance only (6.14%p.a incl 0.20%p.a lifetime Loyalty Discount) 6.14
State Custodians Standard Variable Offset Loan 6.22
IMB Budget Home Loan (No Application Fee) 6.27
MyRate.com.au - Advantage Rate Loan 6.35  
Institution Product Title Rate (%) Details

Rates for a $250,000 standard loan. The 3 year tabs show loans that are fixed for 3 years.



SPONSORED LINKS