Why You Should Shop Around for a Better Deal

With the increasing cost of living, more and more Australians are shopping around for a bargain or ways to cut costs.

Getting a better deal on things like your mortgage rate, electricity, credit card, or internet is not new; however, the time and effort involved deter many customers from looking into options.

So why should you shop around for a better deal? Here are a few reasons why:

1.   Better Price. A better price is arguably the key driver for shopping around. Every penny counts in today’s landscape, so it’s always a wise idea to shop around and compare.

2.   Lesser known providers might be a better match. Small providers can provide competitive products or services compared to their more significant, familiar competitors. That’s what draws new customers in. A less-known provider may have additional or unique features that may suit your needs more.

3.   Providers don’t reward loyalty. Today many providers don’t reward their long-serving customers. Many customers roll over their services yearly, which is subjected to annual price increases. Providers usually attract new customers with competitive deals. Review your current fees with your provider and compare them to what new customers get to see if you can get the same rate.

4.   You are paying for things you no longer need. Depending on the service and time when you signed up, your situation could be completely different today. You could be paying for services or extras that no longer serve your needs. Like pregnancy coverage in your health insurance or paying for landlord insurance on an investment home, you sold at the start of the year. Look through your product or service offering and make sure you still need or use it.

Here are SFE Loans. We understand everyone wants a better deal. Why pay more for your utilities and household services than you need to? This is why we offer a free Connect service on our website for customers to compare services such as electricity, gas, internet, pay tv and more to see if they can get a better deal.

To learn more and to take advantage of this free service, go to the Utilities Hub link on our website or click here.

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