Ever wonder what is the right move during the COVID-19 crisis? Worry about loans and repayments?

Credit Hub is here to help you to make the right decisions amidst this crisis because as always, we are here to help.

Have a look at how you can come out strong from this crisis and refinance now!

Yes, you heard us right! Not just coming out of this but we want to help you to come out STRONG.

 

 

You can get a lower interest rate now
In most cases, refinancing will give you a better rate as many lenders tend to offer new customers a bigger discount on rates. However, always try to negotiate with your current lender first.

You can have more loan features
You should consider refinancing with a lender who can give you more flexible and suitable loan features as these may offer not only flexibility but also money-saving.

You can borrow against your equity
If you’ve been thinking about investment or renovation, you may be able to refinance your loan to release some equity.

‘Equity” – the difference between the value of your property and the balance of the mortgage.

You can reduce your loan term
If you can make additional repayments, you could save money in the long term and pay less interest overall. Refinance to a different lender to take advantage of if the current lender won’t allow you.
 

You can have a cash rebate
You can benefit from the intense competition between banks by switching to a lender that has a competitive interest rate and a cash rebate. You can get up to $4,000 cashback now.



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