How to compare personal loan interest rates, personal loan terms and rates of interest

A few months ago, the CBA announced that all personal loan applicants would be able to compare interest rates between different loan types.However, I’m not so sure about the details of that statement.It’s easy to find a loan in one of the many different loan categories, but I’m more interested in how personal loans compare…

New Australian government rules for personal loans can make it harder for families to save

A new government regulation to make it easier for people to save and invest in personal loans has triggered anger among some families with the same financial situation.Personal loan rules have been introduced by the Australian government under a “loan guarantee” scheme, where banks can provide guarantees on a borrower’s income if it is higher…