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Quick Loans News

Credit Card Competition

Wednesday February 23, 2000
THE increase in credit card interest rates by two banks on Monday, with the other ``big two" following as expected, marks a familiar cycle. Consumer groups have been quick to condemn the latest increase as symptomatic of a lack of competition in this financial services area. The popular percept

From Bottom Of The Deck

Tuesday February 8, 2000
Why am I not surprised that the banks have passed on the full interest rise to housing loans but not deposits? Margaret Grove,February 7 Abbotsford. I stand to be corrected: it is my perception that the banks are very quick to implement any Reserve Bank increases to the interest rate but are

Loan Ranger Closes Net

Sunday February 6, 2000
IT sounds like an e-version of the American dream. Chris Larsen has a $2 billion home loans business in a rise from relative obscurity that proves little guys can make it big on the Internet. Mr Larsen and partner Janina Pawlowski started out as just another mortgage brokerage in California i

Tax Cuts Vanish As Quick As You Can Say Gst And Timor

Thursday February 3, 2000
Home loan borrowers will see their promised tax cut this July eroded and wiped out entirely in some cases by interest rate increases, the East Timor levy and the effect of the GST on prices. Single people with no children earning less than $40,000 a year and with a $135,000 mortgage (the average