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... it." It usually requires a deposit and regular instalments over time. The Australian Securities and Investments Commission (ASIC) says this can be a lot cheaper than a funeral bond or funeral insurance if you live another five to 10 years. The only drawback ...
... paid. "A broker's fee or commission for arranging a loan is often paid by the credit provider whose products they sell," says ASIC website MoneySmart. "Different credit providers pay different commission levels. This can potentially influence what loans ...
... need to watch out for land banking schemes, as people have been burnt by developers and promoters selling blocks of land. ASIC warns that the schemes are often unregulated and investors have little protection if something goes wrong. Visit moneysmart.gov.au ...
... companies list before you take them seriously. If it's a government body that doesn't sound legitimate, you can also check ASIC's list of fake regulators and exchanges. If the name isn't on the list, you can search for the company on ASIC's professional ...