Search results

Reserve Bank has no monetary policy control May i ask a silly question. If this product is true and becomes widely used - does this mean the Reserve Bank has no monetary policy control over the economy if interest rates become irrelevant? Could the government legislate this product out of...

Maybe I am missing something. I own a property and take a loan of $500k. Derivex pays the loan $500k to me and my property is secured for the loan. I agree to make 24 pmts of $2043 for 20 yrs. Where does derivex have a term deposit????????

<<<<<<<However I am willing to take Trevor's loan (say 500k), I will make a deal with Trevor that I will not buy a property with that money, I will put that money in a term deposit at the bank at 4.5% - why should he care this is more secure than property! I will offer Trevor to pay back the...

So let me try and understand this better..... You take out a $500k loan. Derivex pays you $500k in todays dollars for the loan. You agree to pay back over 20 yrs - so its $500,000/ (12*20 ie240) = $2083. Now Derivex has just created an income stream. Derivex then sells that income...

I have reviewed the Executive Summary - InterestFreeFunding.pdf. It still does not make sense to me. Where do they earn their money ? How do the people who lend the money to Derivex earn their money? I hope this is not a pyramid type scheme where new business underwrites the older loans.

I looked at their web site - under case studies - its suggests there is a One Time Conduit Fee (5%) ie. on a $500k loan - you need to pay $25k up front instead of interest.