How does Loans Australia get paid for their service and how much?
Loans Australia is paid a commission fee by the lenders on our panel for every loan settlement. Commission fee structures vary amongst these lenders. Loans Australia abides by its Customer Charter to ensure that all Finance Advisors act in the best interests of the client at all times. If you believe that your advisor has not acted in your best interests please either phone or email the Director Stephen McClatchie on stephenm@loansaustralia.com.au so that Loans Australia can rectify the situation as quickly as possible. Your Loans Australia Finance Advisor will be happy to explain all our commission structures to you during the loan interview process and they are provided in writing within the Finance Broking Contract. The lenders loan documents will also outline any commission’s payable under the loan contract.
