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Dimitri Taylor

Will Your HECS Debt Affect Your Ability to Get a Home Loan?

In Australia, we’re fortunate enough to have options when it comes to paying for tertiary education. Unlike in other countries, upfront fees are not always required. You can opt to take on a HECS (Higher Education Contribution Scheme) debt whereby you pay off your fees gradually. This debt varies depending on the course and university you attended, as well as how much you earn. Many of us may wonder whether our HECS debt hinders our ability to get a home loan. HECS debts and home loans It’s a dream for many Australians to purchase their own homes. With the market … Read more

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