How to defer your home loan or business loan.

If you are concerned about cashflow for your family or business, now is the time to act!

All the banks are ready to help. They can offer all types of assistance to help those that have been affected by Covid-19. As you can see from the picture below, every major bank has contact details especially for this.

If you own a small business all banks are offering to defer loan repayments for 6 months. You just need to ask.

If you have a home loan, most banks are offering this too, but you would need to contact your bank for the details.

Bank bashing is an Aussie tradition, but have really stepped up with this and are truly putting their customers first. 👏👏👏

The ABA link below has links to each bank along with their media statements regarding loan deferrals.

Of course, contact us for specific finalcial advice dureing this time.

Click here for more information from The Australian Banking Association.

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Valley Mayfair Pty Ltd ACN 160 365 686, trading as Valley Mayfair Wealth Management, is an authorised representative and credit representative of Hillross Financial Services Limited ABN 77 003 323 055, Australian Financial Services Licensee (232705) and Australian Credit Licensee (232705)

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This website contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.