Grace period running out for people with loans on hold

Melbourne based events and publicity organiser Bronny Lane

Melbourne based events and publicity organiser Bronny Lane Source: SBS

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By Lucy Murray
Presented by Margarita Vasileva
Source: SBS


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Four out of five Australians who put their mortgage repayments on hold during the Coronavirus pandemic have not yet restarted paying down their debt. Banks will be calling customers in the coming weeks as the first six-month loan deferral period comes to an end.



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