It seems like whenever you go out to social media nowadays everyone’s always talking about the hidden secrets that banks don’t want you to know but what are these hidden secrets?
Spoiler: There are no hidden secrets
Practically speaking why would a bank try to hide its policies they wouldn’t they will want their policies to be an open book for everyone to maximise their borrowing capacity their situation and help them ultimately achieve their financial dreams this could be policies relating to amortisation living expenses, policies relating to car allowances and income received, policies relating to phone income or even policies relating to how dependent children are assessed by the bank
These policies ultimately help you borrow more money at a better rate with less fees and achieve your financial goals so when people tell you that banks are hiding their secrets they really are it’s only because people are looking at what the banks can offer what their policies offer and how they can maximise on these policies
Each bank has different “secrets” so it’s always a good idea to explore all the banks what they offer what their policies offer often these policies aren’t available to the public say it’s a good idea to speak to the bank directly or speak to a broker who has access to all these policies that will be able to assess which bank is best suited towards your goals and be able to help you achieve your financial dreams
So today’s lesson is not to believe people when they say banks have hidden secrets because it’s not in the banks intention to have hidden secrets they want their policies to be an open book to gain more customer traction.
