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MONEY MAGAZINE Article by Elsa Markula
Published on: 26 Apr 2023

From students to families, people across Australia are finding themselves in a position of financial hardship as rising interest rates and an increase in the cost of living begin to bite into hip pockets.

If you find yourself in financial difficulties, the most important thing is to speak to your lender about whether a financial hardship arrangement is the right option for you.

But what does this type of arrangement mean and how should you go about organising it?

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