What is Comparison Rate and how does it help you











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It is a common misconception where consumers simply compare loan products at the interest rate level rather than the comparison rate level. This short video today is aimed at educating consumers on what Comparison Rate is and how it helps you making a decision! • . • We've also wrote a blog article on this with a specific example and some more info from ASIC MoneySmart website: • https://lendpower.com.au/blog/3-min-w... • . • As always we welcome any comments/questions/feedback! What are we doing well and what could we improve further? Any topics you would like us to cover? As always we would love to hear from you! • . • Lend Power - keeping you informed in the ever changing finance and property world. Subscribe to our channel and like our videos today to get notified for more future contents! • . • Don't forget to check out our other social media channels for daily updates: • Website/Blog: https://lendpower.com.au • Facebook:   / lendpower   • IG ID: lendpower • LinkedIn: David I-Yung Shih

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