Can I ask lender to stop a trail ?

Can I request my lender to cease paying a trail if I'm ****** off with the broker delivery ? Or is that a issue between aggregator and broker outside my control ?

 

I don't think you can because of contractual agreements between the aggregators and the lenders. I mean you can ask, but I don't think they will do anything unless there is a change in the loan.

 

Wow Paul! Feel like airing it?
I would think not though, that to me basically sounds like can I ask someone not to get paid for poor customer service.
If that were the case a subway employee would never get paid.

 

Refinance in less than 12 or 18 months and broker will have the comm clawed back.. Trail ceases also

 

Which lender is it Paul?

Cheers

Jamie

 

Had a bad experiance with a Broker? As I'm sure you know, bad (or unresponsive) service tends to be shared pretty widely compared to good service!

 

With some lenders if your new broker does a loan increase or variation the new and existing trail will be attached to the new broker.

 

Legitimate question and would also be interested in the answer.

 

Yes i really want to stop any trail commissions from my broker too at Smartline as she never returns my calls so why should i bother with her.

I contacted the Commonwealth bank and asked them how do i stop this broker getting any trail commissions from my monthly payments.
They told me to send in a form to complete.

Smartline used to be great broker Company once but now a bunch of halfwits are being used as Brokers.

 

Regretfully not as easy as all that unless you make a loan variation or increase.

 

So why did you choose them to do your finance?

 

Hi Darlinghurst,

When brokers do not pick up phone calls or return emails = two things 1) Lazy or 2) not giving a crap about there customers.

Look at this as a opportunity to work with a new broker and maybe look at changing lenders?