Is a fixed interest rate always lower than a variable rate?
Stella budgeted for mortgage repayments of her investment property assuming her interest rate would decrease when it moved from a variable to fixed interest rate.
New guidance for consumers on KiwiSaver withdrawals for hardship
Financial Services Complaints Limited (FSCL) has released guidance to help set consumers’ expectations when applying to access KiwiSaver funds early on the grounds of financial hardship.
Financial Ombudsman and CEO of Financial Services Complaints Limited (FSCL), a free Ombudsman and dispute resolution service, Susan Taylor, is reminding consumers that if something has gone wrong with a lender, there is free, accessible help available.