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Julian Finch warns: Guarantor loans are rising and so is financial fallout
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Julian Finch warns: Guarantor loans are rising and so is financial fallout
As housing affordability tightens and more Australians turn to family for financial support, mortgage expert Julian Finch is warning parents, siblings and partners to think carefully before agreeing to become a personal guarantor, especially on home or personal loans. Finch, founder and CEO of Finch Financial, said the emotional pull to help a loved one can lead people to sign dangerous loan guarantees without fully understanding the legal and f…
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