Auto Loan Calculator Home Loan Loan repayments up by $15.5 million over three months as Fonterra raises prices

Loan repayments up by $15.5 million over three months as Fonterra raises prices

The loan servicing company that owns the Australian dollar-denominated loan portfolio of the SBS has raised its monthly payments by $3.2 million over the past three months, it has confirmed.

The company has raised the cost of servicing loans by more than 50 per cent over the same period, with most of the increase due to lower volume and interest rates.

Advertisement