Finance Broker Australia Home Loan Broker

Today we recieved the following announcement from Macquarie Personal Loans.

Macquarie has made the decision to suspend the origination of fixed instalment personal loans, effective 20 June 2008. This is principally due to current conditions in global credit markets and the subsequent increased cost of funding.

Loans that have been approved prior to close of business 20 June will be honoured and funds will be settled up until 90 days from the approval date. This means your customers will need to ensure they return their loan documents to us prior to that date.

Ability Finance are now able to directly access Citibank personal loans and lodge applications for our customers.

How can Ability Finance clients benefit from a Citibank Personal Loan?

• Competitive fixed rates – Our customers can lock in a great rate for the life of the loan.
• Choice of terms – You can tailor The Citibank Personal Loan to fit your needs, with amounts from $4,000 to $50,000 and personal loan repayment terms from 1 to 5 years.

Personal Loan Rates Increase

Tuesday 11th March 2008

St George Bank today announced personal loan variable interest rates will increase effective tomorrow the 12th March 2008

The reason stated for this increase is because of the change in the cash rate.