Posted in Higher Education Loan Program
Did you know your HECS-HELP debt can affect your borrowing capacity?
Posted by Mark Attard
on 12 May 2023
 "Did you know your HECS-HELP debt can affect your borrowing capacity?")
Do you know how much you owe on your HECS-HELP debt?
Recent high inflation means millions of Australians with student loan debts are facing a 7.1% increase from 1 June, up from 3.9% the previous year.
Your HECS-HELP debt is an important piece of information that lenders take into consideration when assessing your application for a home loan, so it’s important to understand yours.
Find out more about how indexation will impact you.
What is HECS-HELP?
The Higher Education L...
| Posted in:Higher Education Contribution SchemeHigher Education Loan ProgramBorrowing capacity |
