Mortgage fine

Mortgage Choice has been fined for false advertising, after it wrongly claimed customers had saved an average of $10,000 over five years by refinancing their home loans. The Australian Securities and Investments Commission said the claims were based on calculations made by a group of 300 customers.

Mortgage Choice has been fined for false advertising, after it wrongly claimed customers had saved an average of $10,000 over five years by refinancing their home loans. The Australian Securities and Investments Commission said the claims were based on calculations made by a group of 300 customers.

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