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Loan - Bank or broker?


MikeW

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Hi,

 

Based in Canberra and looking to buy our first car in Australia. Went to bank yesterday to enquire about a loan, 15.5%. Seems very steep to me. This was one of the major banks too.

 

A couple of people have mentioned brokers give you the best deal.

 

Has anyone used a broker and do they get you better deals?

 

Thanks,

 

Mike.

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  • 2 weeks later...
Guest The Pom Queen

Hi Mike

I think the best thing to do is shop around. If you have a large deposit to put down you can get better deals.

K

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