Welcome to the April issue of Lendcorp News.

In this Issue

	Introduction
	Unclaimed Funds & Super
	What does "Comparison Rates" mean?
	Credit Card Balance Transfers
	Brain Gym for Boomers

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Introduction

WELCOME to the April 2008 edition of 'Lendcorp Finance News'.

We have had a few success stories from our last month's edition where we covered  "Unclaimed Super and Unclaimed funds".  Have you a sucess story to tell us?

In this months edition we cover the meaning of  "Comparison Rate" . 

Also, what to look out for when transferring balances from one credit card to another.

Have you heard of the new Gym VibrantBrains, a gym for the Brain?  Read further...............

We hope you find our Newsletter informative and if you would like any other issues covered, please do not hesitate to drop us a line at sales@lendcorpfinance.com.au.

Kind regards

The Lendcorp Team

Unclaimed Funds & Super

From our last month's articles:

 "Unclaimed Super" and  "$300 Million in Unclaimed Money" 

We've been fortunate enough to get feedback on a few success stories. 

Do you have a success story to tell us,  or maybe we can help you with some investigating?  

Send us an email at sales@lendcorpfinance.com.au we are more than happy to assist.

You may have some unclaimed super or be an owner or beneficiary of unclaimed funds from insurance policies, bank accounts or company investments.

Have you checked the sites recommended in our March Newsletter? 

What does "Comparison Rates" mean?

A comparison rate is the "true" cost of the loan.  

Comparison Rate is the actual interest rate plus known upfront and ongoing fees and extra charges added to your loan.

They call it "Comparison Rate" , because its the best way to "Compare" it to other loans from other lenders.

All lenders must now include comparison rates in their advertisements to help consumers work out the "true" cost of the loan.

Credit Card Balance Transfers

What should you look out for?

In order to tempt you to using their credit cards, banks and other credit card providers are offering balance transfers which involve rolling your debts onto a low or no-interest credit card.

For example, you may roll three credit cards that are charging you a high interest into the low or no-interest credit card. The low or no-interest rate period normally lasts for the first 6 months or 12 months. After the introductory period is over, the interest charged normally reverts back.

If you are considering taking out this "option", you must ensure that you remain disciplined in repaying all or most of your debts before the balance transfer period ends.

And prior to taking the option, ensure that once the low interest term expires, that the "Revert Rate" is a better rate than your existing credit card. 

Brain Gym for Boomers

Baby Boomers who've spent their lives regularly visiting gyms are now also looking for ways to maintain their mental agility.

VibrantBrains, a brain gym in San Francisco, has created a workout centre for the brain.  Patterned after a health club, instead of exercising muscle groups on a series of circuit-training machines, vibrantBrains members work on their skills using a variety of computer software programs.

Our brains resemble our muscles, if they're not exercised they are likely to lose their strength.

That's all for this month's edition. 

In closing, we hope you have enjoyed this newsletter and look forward to some feedback

All the best from the Team at

Lendcorp Finance

Please note that information in this publication is subject to change without notice. Lendcorp Finance assumes no responsibility for any errors, ommissions or mistakes in this document. You have received this email because Lendcorp Finance Pty Ltd believes we have previously made contact with you, which has given us the opportunity to send you information relevant to your organisation, your interests, or your relationship with us. If you would prefer not to receive future email newsletters please unsubscribe via the link provided, see bottom left of page.