Contract killing

Article Abstract:

The Australian Securities and Investment Commission advises consumers to "read the fine print" when it comes to direct debit arrangements. Direct debit arrangements are becoming increasingly popular as a method of payment. However, some consumers are finding it easy to set up these arrangements, but difficult to cancel them.

Depository Credit Intermediation, Checking & Savings Services, Reports, Australia. Securities and Investments Commission, Checking accounts

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Loan lures

Article Abstract:

Mortgage lenders are keen on attracting new business by offering customers home loans that are linked to frequent-flyer programs and loans that also pay cash bonuses and give discounts based on a client's job. Many lenders also offer home loans that are linked to petrol discount offers or cash rewards.

Commercial Banks, Marketing procedures, Services information, Marketing, Company marketing practices, Bank loans

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Debt and buried

Article Abstract:

According to the latest AMP National Centre for Social and Economic Modelling report, there's an emergence of a new desire for retirees to 'spend their childrenEs inheritance' in their old age. Whether Forward mortgages or Reverse mortgages would be better is reviewed.

Retirement Benefits, Financial Systems & Controls, Financial Management

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