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Podcast: Penny for your Thoughts
Episode: Heck no! Your HECS debt is about to become a bigger homebuying hurdle
Description: HECS/HELP debt has long been described as ‘the best debt you can have.’ But with indexation on HECS debts increasing to 7.1% in line with inflation, is that really the case anymore? Founder of mortgage broking firm Two Red Shoes Rebecca Jarrett-Dalton tells us how our HECS debts impact our borrowing capacity and how we can improve our chances of getting approved for a home loan if we haven’t paid off our HECS yet.
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