Comparing Home Loans

Turning the Keys into a Dream made Reality

Every Aussie wants to make good for their loved ones by working hard to have a roof over their head, and that endeavour includes adequate financing they can afford. With so many mortgage lenders out there, though, even the big banks are nudged to step up their game, but which lenders in that panoply have the financing that works for you?

That’s where CIGNO’s Home Loans Comparison service comes to your side.

The CIGNO Home Loans Comparison allows you the flexibility to identify the home lender that can offer you an affordable loan with a good rate. All it takes is to accomplish a simple application form that catalogues your financial capability and preferred property location, then shop away for your lender. It’s worth it to try securing a lender who can get you a good deal.

The homeowner aspect of the Great Australian Dream is within your reach, and CIGNO will help you get there.

Shop and Compare Your Home Loan Today!

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How It Works

Select Category

Choose from Energy & Gas, Home Loans, Broadband, or Superannuation.

Input Details

Provide basic information to help our tools draft the results closest to your specific requirements.

Comparing Results

Once the tools have displayed the best options available, you now have the freedom to pick which of them is your ideal choice.

Whether it’s a lower utility rate, a home loan with more flexible premiums, a faster broadband connection, or a super plan most aligned with your future goals, they are questions only YOU can answer.

NOTIFICATION OF MISCONDUCT BY CIGNO AUSTRALIA

Ordered by the Federal Court of Australia

The Federal Court of Australia has found that Cigno Australia Pty Ltd (Cigno Australia) and BSF Solutions Pty Ltd (BSF Solutions) have breached the law by engaging in unlicensed credit activity and charging prohibited fees.

In the period from July 2022 to 3 October 2023, over 100,000 consumers have been lent a total of $34 million, and charged fees of over $70 million, under the ‘No Upfront Charge Loan Model’ operated by BSF Solutions and Cigno Australia. At no time has either BSF Solutions or Cigno Australia held an Australian Credit Licence.

The Court also found that Mark Swanepoel (director of Cigno Australia) and Brenton James Harrison (director of BSF Solutions) were involved in these breaches of the law.

With effect from 24 May 2024, the Court has granted permanent injunctions preventing Cigno Australia and BSF Solutions from:

  • demanding, receiving or accepting fees or charges, including amounts of loan principal, from consumers in relation to credit provided under the ‘No Upfront Charge Model’; and
  • engaging in further credit activity pursuant to the ‘No Upfront Charge Loan Model’, including by entering into new agreements with consumers, for so long as they do not hold an Australian Credit Licence.

Cigno Australia was ordered by the Court to, by 5th July 2024, send written communications to consumers who between July 2022 and December 2022 entered into agreements with Cigno Australia and BSF Solutions under the ‘No Upfront Charge Loan Model’.

The Court will later determine whether (among other things) Cigno Australia and Mark Swanepoel ought to pay a pecuniary penalty in respect of this conduct, and whether Mark Swanepoel should be restrained from carrying on a business engaging in credit activity.

Cigno Australia, BSF Solutions, Mr Swanepoel and Mr Harrison intend to appeal the decision of the Court and have filed an application for leave to appeal. If the appeal is successful, some or all of the orders of the Federal Court of Australia may be set aside.

Where can you get more information?

Where to go for further support

You can access legal advice in your state at: Free legal advice – Moneysmart.gov.au.

If you are experiencing trouble with debt, or money worries in general, contact:

  • the National Debt Helpline on 1800 007 007 or online chat (9:30am to 4.30pm, Monday to Friday).

If you need someone to talk to, contact:

  • Lifeline on 13 11 14 (24 hours) or their crisis support online chat or
  • Beyond Blue on 1300 22 46 36 (24 hours) or their webchat