Why these 'free money' loans are anything but free

HECS debts are sometimes considered free money. But while there's no interest charged, the indexation is tied to inflation... and inflation has soared. Join Canna Campbell - a financial planner for almost 20 years - and Fear & Greed's Michael Thompson as they look at what this means for Australians with a HECS debt, and share some ideas on how to handle a climbing student debt. The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product. Canna Campbell is a Corporate Authorised Representative and Corporate Credit Representative of Wealthstream Financial Group Pty Ltd ABN 35 152 803 113 Australian Financial Services Licensee AFSL 412079.See omnystudio.com/listener for privacy information.