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Article: GE MONEY STOPS OFFERING HOME LOANS VIA 3RD PARTIES IN AUSTRALIA.
- Article from:
- AsiaPulse News
- Article date:
- October 24, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Oct 24 Asia Pulse - GE Money, the finance arm of the world's biggest company, will stop offering home loans through third party providers in Australia and New Zealand because of the increased cost of funding.
The company will also cease offering car and small business loans in the two countries, Melbourne-based GE Money said in a statement.
GE Money will still offer home loans through its Wizard brand and will continue its credit card, personal loan and insurance ...