Andep is one of Perth’s few independent financial planning companies. Andep has its own Australian Financial Services License (AFSL) and is not linked through licensing or ownership with any bank or other financial institution.
Occasionally lenders will specifically ask prospective clients to obtain independent financial advice before they will agree to settle a loan. Andep is able to provide this and if at the conclusion of our meeting we believe the client is accurately informed on the loan details and their financial obligations we can sign the lender’s required documents. Alternatively we can prepare our own letter if no standard format is given.
Lenders will often not mandate that a borrower seek financial advice prior to entering a borrowing agreement but it may still be prudent to seek advice before doing so. If you have any concerns regarding your existing or prospective borrowing arrangements please do not hesitate to contact us for independent, non bank financial advice.