How an offset account or redraw attached to your home loan can help you in uncertain times

As the economic fallout of COVID-19 began, thousands of Australians found themselves worrying about their financial situation. While borrowers can’t predict a global pandemic and the toll it may have on their lives, there are actions you can take that can help you weather the storm. One way you can prepare when it comes to your home loan, is by making extra payments directly to your loan or via an offset account. Not only is this a great way to…...
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