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Superb Diamond Range

Mar 15, 2017

#37:

What is a mortgage? How do they work?

My personal experience with Mortgages?

Own Bank Vs. Broker.

The mortgage application.

Credit score can determine the interest rate.

Different types of Mortgages i.e. Fixed rate, Variable rate (Baloon in USA) and interest only. Fixed rate for short period and then remortgage.

15...


Mar 2, 2017

#36

What are Credit Cards? How do they work?

My personal experience with Credit Cards?

Interest. Billing cycle. Grace Period. Interest free period. Balance Transfer.

Rewards i.e. Airmiles or Cashback. It lures you to spend more.

Late fees. Balance Transfers.

Pay in full each month.

Section 75 consumer credit act: Gives...