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The Mortgage Magnet Scam

I’ve spoken of the illegal ‘Mortgage Magnet’ operation in the past, so I won’t repeat myself. The comments on this ad (taken at 10FEB2025, 12.23AM) shows the lack of comment oversight. Such a scam. Any ACL holder that doesn’t police their downline advertising or lead source should be considered in breach of legislation.

beliefmedia

We’ve Updated the Header and Footer Website Framework

We’ve provided further updates to the agile website footer and header menu modules. Built in Yabber, each menu item links to a page, modal, email, telephone, or login modal. The entire design is customisable, and each menu is assigned to a defined location. The menu update includes improved tracking, more advanced trigger handling (in Yabber), and a modified framework for

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$1.53 Refinance Leads with High Intent

Let’s talk about this first day campaign. It resulted in 56 distinct refinance leads at $1.53 per lead. Conversions are expected to be around 30% (slightly below our own average, but far higher than industry). Results aren’t typical, so why did this campaign perform so well (when leads normally average $11)? (This ad was a company first after they introduced

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Hijacking Lender Advertisements on Facebook

This might be obvious to many of you, but it’s one of those toilet-tactics that’ll add an easy 50m to your operation with minimal effort (1m a week is worst-case). There’s only a handful of brokers I work with that do what I’m about to describe and they’re all seeing great results. Banks have big advertising budgets, and their ads

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Shad of the Day, 30th January 2025

The Re-Mortgage brand run by ‘Mortgage Magnet’ is one of the most dishonest leadgen services in the industry. They engage in false advertising, predatory practices, fraud, and they disregard about every piece of legislation designed to protect consumers. They’re an example of ‘Worst Interest Duty’. We’ve critiqued Mortgage Magnet numerous times in the past (in fact, in the last week

beliefmedia

The Bro Mobile

With the need to carry more broker bums on weekends, we’ve invested in a few extra seats. It’s called the ‘Broker Mobile’, or ‘Bro Mobile’ for short.

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Compliance and Performance Accountability

I tend to waffle on about the lack of a comparison rate in advertising, and It’s not because I think the comparison is overly important, and it’s not simply because it’s against the law. It’s because I see it as a deliberate means to deceive consumers. Failure to abide by such an entry-level and seriously basic obligation – particularly when

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Use of the Australian Coat of Arms in Financial Advertising

There are a few big-ticket compliance SNAFUs in this ad (the exclusion of the comparison being the most obvious), but usage of the Coat of Arms in a black and white ad designed to emulate a Government document is the focus of this rant. The use of the mark is regulated under federal law, and its use in any advertising

beliefmedia

The Cost of a Facebook Lead for Mortgage Brokers

The relevance of the screenshot is because it was taken when our broker attracted 50 leads – the typical number of ‘leads’ delivered by leadgen charlatans at a cost of around 8k. Leads delivered by leadgen crooks convert under 3%, and usually closer to zero. You would literally enjoy more success if you parked your ass at a bus stop

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Shad of the Day, 15th November 2024, Biz Focused

Shad of the Day, 15th November 2024. More of the same nonsense with *multiple* compliance issues. This gem comes to us from ‘Finance Group AU’ (aka ‘Finance Scanner’ among other fake brokerage brands), and it’s operated by a typical leadgen crowd called Biz Focused. If you’re ever in need of some finance humour you simply need to sit yourself down

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Shad of the Day, 7th November 2024 – Simpli

Shad of the Day, 7th November 2024. Just another example of somebody using trickery to bait consumers into a phone call (by failing to disclose a comparison). Note the second comment. The subscription experience celebrates the same commitment to compliance and ethical marketing. It’s probably unfair to point this group out since non-compliance is now the rule rather than the

beliefmedia

The Best Domain Name in the Finance Industry

Pictured are some recent domain name sales, although the big-ticket sales are normally protected by an NDA. The purchasers of these names understood the value of online real estate. I’m selling the website and leadgen facility behind what I believe to be the best domain in the industy. It comes with trust, appeal, socials, and traffic. You’ll take ownership of

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