Changes to loan discharge fees?

Hi guys,

I just got an email from MECU stating that they're reducing their loan discharge fee (or deferred establishment fee) to a flat rate of $250 :) effective 1st April.

Do you know if other lenders are following suit?
Was this brought on by a new guberment ruling?
 
As far as I understand it a DEF is not the same as a discharge fee, but occur at the same time, ie loan is paid out or refinanced.
 
the govt has done nothing to help borrowers, just made the situation accutely worse. so no, nothing to do with govt changes.
 
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