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A person who offers to assign an asset as security (e.g. real estate) under a mortgage loan contract. The lender (mortgagee) holds the legal ownership of the security until the loan is repaid and the mortgage is discharged.

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Finance News

Personal Loans to help Australians in need: FSO
Oct 29 :: As Australia prepares to clean up following devastating fires and floods, Financial Services Online CEO, Andrew Clark, has announced a package of personal finance solutions designed to help... read more

Small business loans to help Aussie businesses through tough times
Nov 27 :: Financial Services Online has today announced a new credit facility for Australian business customers who are seeking loans for amounts of up to $10,000 with minimum security requirements,... read more

Police issue warning about bank scam
Nov 20 :: Melbourne police are warning people about a scam in which fraudsters pose as bankers and ask for money.They say they cold call customers and tell them they have been overcharged in... read more


Finance Articles

When should I use a personal loan?

Unsecured personal loans are designed to be undertaken without the need to secure the loans against collateral, such as a property or a car. This makes unsecured personal loans ideal for... read more

What Is a Debt Consolidation Loan?
Are you struggling to manage your finances? Do you have multiple debts, all with different interest rates and payment deadlines? Have you thought about consolidating your debts into a single,... read more

Online Savings Account Tips
An online savings account is critical for managing your finances. It offers a good place to keep your savings and is also a good way of earning extra easy money on your cash balances.

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