Press Release

FOR IMMEDIATE RELEASE

No excuses now! Household and finance savings made easy, quick and hassle-free thanks to Rate Detective.

The time for excuses is over! Rate Detective has taken all the work out of these tedious tasks for you, and enables you to compare a wide range of products including home loans, insurance, and personal finance.

Now there is a website, www.ratedetective.com.au, which allows you to easily compare home loans, insurance and personal finance. Upcoming sections of the custom-built comparison engine will include electricity, broadband, car and health insurance.

Rate Detective makes saving on and arranging financial and household expenses easy, quick and hassle-free! What Webjet is for flights and Wotif is for accommodation, Rate Detective is fast becoming the equivalent go-to comparison site for financial and personal services.

Co-founder, David Kaplan, explains the idea behind this innovative, time-saving service.

"We wanted to create a one-stop-shop for people to compare financial and other products. We saw that people could be saving money on these expenses but are too time-poor to do the research and leg-work required to make the savings. So we do it for them, all from one website, at no charge. We are saving customers hours of research in the process as well as pointing them towards significant savings."

He adds, "We are particularly excited to offer comparisons for Life, Total and Permanent Disability and Income Protection insurance. These are important products that can be confusing to the average person. At any stage of the comparison, we can put the customer in contact with a licensed financial planner to help demystify the insurance process."

Aggregating rates is not only beneficial to the consumer in terms of time-saving but promotes competition amongst lenders and insurers which, in these times of high petrol prices and rising food costs, is a welcome relief.

In addition Rate Detective offers extensive tools and information for consumers. These include free budgeting calculators which are invaluable to any conscientious house-holder. Also included on the website are a comprehensive range of guides and news articles designed to keep you abreast of the latest money saving ideas.

Quick Facts

* Rate Detective is Australia's most advanced price comparison website in partnership with a select panel of:
- 30 home loan lenders
- 15 insurance companies
- 10 credit card providers
* The rates published on Rate Detective, are frequently updated providing consumers with comparisons which may save them hundreds of dollars.

ENDS

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Published on July 7-th, 2008 in Home Loans
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.
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Important Information

Not all providers in the market are included in the comparison.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.