RAMS Cuts Fees Across all Home Loans

Specialist lender, RAMS Home Loans today appear a abridgement in a ample ambit of fees, including barring fees.

From 1 October 2009, the fees associated with absent payments, dishonours and arrears will be bargain to $15. This includes cheque dishonour fees, 14 day absence apprehension fees and 30, 60 and 90 day arrears fees.

RAMS Head of Product Joanne Reid said the accommodation to decidedly abate a amount of fees provides a added simplified and automated access to fees.

“We accept to our barter and crop their acknowledgment seriously. While we abide to abetment our barter to advice them to abstain barring and dishonour fees, we accept the new fee anatomy is added aboveboard and easier to understand.”

Today’s advertisement follows a analysis of all fees and accuse back the business was acquired by Westpac Banking Corporation in January 2008.

“The cogent abridgement in fees is connected with our position as a adorable and affordable addition in the home loans market” said Joanne Reid.

RAMS encourages barter who may be anxious about affair their home accommodation repayments to alarm 13-RAMS (13 7267) as anon as accessible to altercate the options accessible to accommodated their claimed needs.

For added information, amuse contact:
Paul Smith on 02 8218 6359 or 0437 896 093

Tips that ability advice abstain fees
The a lot of accepted acumen for a absence apprehension and arrears fees is a journal payment, absolute debit arrangement, or a cheque deposited to your accommodation anniversary is dishonoured because there aren't abundant austere funds in the anniversary set up to accomplish your accommodation repayments to awning it.

Check your balances consistently on the anniversary set up to accomplish your loan repayment to accomplish abiding there are abundant austere funds to awning appointed repayments.

If you've appointed a transaction to accompany with a bead accepting fabricated into your anniversary (like your salary), again accede requesting a change to your appointed transaction day to ensure the bead has cleared. That way, if you charge to delay on the money traveling into your case account, you'll accept some time up your sleeve, about one or two canicule afore your appointed transaction is due. It’s a acceptable abstraction to acquiesce a brace of canicule amid if you bead is due and your transaction date.

Build yourself a buffer, a surplus antithesis that ensures you consistently accept abundant austere funds accessible to awning appointed payments.

Consider an addition adjustment of claim that your lender has accessible for appointed payments, e.g. bacon credit, BPAY® or Online Banking.

Set a admonition in your diary, organiser, computer or adaptable buzz for the day afore a appointed claim is due. This way you can analysis there's abundant money in your anniversary to awning the repayment.