A Loan Stands Health Check
A little flu sneaks around town every year and while
most people haven't heard of it, many have the symptoms - rising
interest rates, increased bank fees and poor customer service.
It's the home loan flu and WA's The Loan Company has introduced
the annual "home loan health check" to re-assess the
suitability and effectiveness of home loans.
The health check examines three primary elements: the compatibility
between the homeowner and the home loan, overall performance
of the loan and current economic conditions. The Loan Company
general manager Sally-Anne Merrington said home loans were not
dissimilar to humans in that they could get sick from time to
time and needed treatment.
"It is important to ensure
your home loan is performing at its maximum at all times."
Ms Merrington said. "A sick home loan can cost homeowners
thousands of dollars."
She said the health check would identify problems and provide
treatment.
The West Australian New Homes
Saturday, September 7 2002 |
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