IF YOU THINK YOUR BANK IS RIPPING YOU OFF, YOU ARE PROBABLY RIGHT.

An inquiry conducted by the Australian Competition & Consumer Commission (ACCC) found that Australia’s five biggest banks are charging loyal home loan borrowers significantly higher interest rates than new customers. If you think your bank is ripping you off, keep reading. The ANZ, Commonwealth Bank, Macquarie Bank, NAB , and Westpac charged existing borrowers an average of 32 basis points more than … Read more