Australians granted a six-month deferral on loan repayments, can this affect your credit rating?

Australians granted a six-month deferral on loan repayments, can this affect your credit rating?

Australians granted a six-month deferral on loan repayments, can this affect your credit rating.According to The Australian Banking Association (ABA)  announcement any Australian who is granted a six-month deferral on loan repayments be it on a  mortgage or other credit products, will not have their credit rating affected. Eligibility will depend on previous credit history,…

This content is part of the Impact of adult financial literacy in Australia series. You will gain access on December 3, 2020.

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