Powered by MOMENTUM MEDIA
the adviser logo
Lender

Lender rewards broker car loan clients

by reporter2 minute read
rewards

Peer-to-peer lender RateSetter has said it will be offering broker clients a reward for drawing down on their car loan over the next month.

From today (9 September), RateSetter said it will offer a GiftPay card valued at $150 to eligible mortgage broker clients when they draw down on their car loan before 31 October 2019. 

To continue reading the rest of this article, create a free account
Already have an account? Sign in

The lender said that the move formed part of its “doubling down on its value proposition for brokers”.

RateSetter CEO Daniel Foggo elaborated: “All eyes are on the mortgage broking industry following proposed best interests duty legislation and ASIC’s report into consumer experiences getting a home loan.

Now is the ideal time for mortgage brokers to demonstrate value to their clients and ensure retention. That’s where RateSetter comes in.”

He continued: When our brokers take advantage of this offer, they are showing their clients they are doing everything they can to give them a leg up and reduce living expenses.”

Mr Foggo added that the move follows on from its recent rate reduction on car loans.

[Related: Peer-to-peer lender joins AFG panel]

Lender rewards broker car loan clients
rewards
TheAdviser logo
rewards

JOIN THE DISCUSSION

You need to be a member to post comments. Register for free today

MORE FROM THE ADVISER

mark lewis fast ta llosc4

In Memoriam: Mark Lewis, 1963–2022

Mark Lewis passed away on Saturday (13 August). Mr Lewis was a well-known identity in the third-party broker...

READ MORE
anthony waldron mortgage choice ta ithtxm

Broker expertise key for securing right loan: Mortgage Choice

The data, which is derived from a June survey of 1,002 broker customers and conducted by Honeycomb Strategy,...

READ MORE
Mark Bouris new ifa

Brokers need to focus on the ‘value-add’: Mark Bouris

With competition among brokers increasing as the number of brokers rises – coupled with the fact that fewer...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more