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Easier to Borrow Money For Property Soon? National's CCCFA Revamp ⎜ Ep. 1640 episode artwork

EPISODE · Mar 8, 2024 · 12 MIN

Easier to Borrow Money For Property Soon? National's CCCFA Revamp ⎜ Ep. 1640

from The Property Academy Podcast · host Opes Partners

In this episode, we discuss National's pledge to revamp and rewrite the CCCFA (the Credit Contracts and Consumer Finance Act). This law saw first-time home buyers being denied a mortgage because of gym memberships, Kmart purchases, and their coffee addictions. But National wants to rewrite the law so more people can get a mortgage. But what does it actually mean, and why did the new rules come in, in the first place?

What this episode covers

In this episode, we discuss National's pledge to revamp and rewrite the CCCFA (the Credit Contracts and Consumer Finance Act). This law saw first-time home buyers being denied a mortgage because of gym memberships, Kmart purchases, and their coffee addictions. But National wants to rewrite the law so more people can get a mortgage. But what does it actually mean, and why did the new rules come in, in the first place?

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Easier to Borrow Money For Property Soon? National's CCCFA Revamp ⎜ Ep. 1640

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Frequently Asked Questions

How long is this episode of The Property Academy Podcast?

This episode is 12 minutes long.

When was this The Property Academy Podcast episode published?

This episode was published on March 8, 2024.

What is this episode about?

In this episode, we discuss National's pledge to revamp and rewrite the CCCFA (the Credit Contracts and Consumer Finance Act). This law saw first-time home buyers being denied a mortgage because of gym memberships, Kmart purchases, and their coffee...

Can I download this The Property Academy Podcast episode?

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