Interest Only Home Loans – for Investors or Everyone?

There's been a lot of talk about this type of loan structure lately, with industry heavyweights such as John Symonds (Aussie Home Loans) and Mark Bouris (Yellow Brick Road) weighing in on the topic. Symonds went as far as calling for a ban this type of loan, whereas many, such as Bouris consider it effective when used correctly, in tandem with professional financial advice. With a normal loan, each monthly payment would consist of an amount that's paid off the debt (principle) and the interes...
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Credit Savvy™ launches to help Australians access and understand their credit score

CreditSavvy.com.au launches today, providing Australians with free access to their credit score and resources to understand and manage their credit reputations. This free consumer initiative is backed by Aussie Home Loans, which has long been an advocate of empowering consumers and helping them get a better deal. Founder and Executive Chairman of Aussie, Mr John Symond AM, said “Consumers need to be on the front foot when it comes to understanding and managing their credit reputation. It ...
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