NAB introduces HELP debt servicing changes

The major bank is following regulator recommendations and implementing student debt servicing assistance to help boost home ownership. NAB will no longer consider Higher Education Loan Program (HELP) debt in home loan servicing if they owe $20,000 or less, effective from 31 July. Matt Dawson, NAB’s executive for home ownership, said these changes will help…

NAB introduces HELP debt servicing changes

The major bank is following regulator recommendations and implementing student debt servicing assistance to help boost home ownership. NAB will no longer consider Higher Education Loan Program (HELP) debt in home loan servicing if they owe $20,000 or less, effective from 31 July. Matt Dawson, NAB’s executive for home ownership, said these changes will help…

Tips to help break the credit card debt cycle

(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind. “It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said. Kiernan said he’s heard countless stories from…

Tips to help break the credit card debt cycle

(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind. “It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said. Kiernan said he’s heard countless stories from…

CA ANZ welcomes move to slash HELP debt by 20%

CA ANZ has welcomed the government’s move to cut HELP debt by 20 per cent, but said that more would need to be done to address the accountant shortage. As accounting enrolments plummet, CA ANZ warned that more would need to be done to incentivise students to pursue the accounting profession. Legislation to reduce student…