Hi,
I had a home loan with Wizard home loans and when they closed the loan was transferred to another bank who let me leave without paying the exit fees.
This same situation has now popped up with my Esanda car loan. It is being transferred to Macquarie, is it likely that I could exit without the fees again? Since buying the car I have refinanced my house so would rather put the debt into the lower interest home loan.
Thanks
The interest rate on your home loan may be lower but it only makes sense if you pay more into your home loan to cover the cost of car otherwise you are moving the car loan into a 10,15,20 year loan repayment (depending on how long your home loan is)