My 10 cents. St George are bumhats. There was a stage in my life I wasn’t doing to well work wise and wanted to refinance by consolidating my credit cards extend my loan term by 5 years (originally I took the loan over 15 years) so it was more affordable. I could comfortably pay the new repayments. But they wouldn’t do it. Left me locked into high repayments and I defaulted on the credit cards.
In a very short period of time I was back on my feet again. But I couldn’t borrow because of St George. They’re not very good at supplying a customers needs. I’ll never borrow from them ever again. I don’t care how cheap they’re rates are. I’ve lost 10 x what I’ve saved in interest because they forced me into a corner that stopped my investing
End Rant
Pete
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