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Banks offer loan deferrals as lockdowns continue
6 August 2021
Since 8 July 2021, more than 14,500 home loans have been deferred, while more than 600 business loans have been deferred. Comparatively, during the peak of the crisis in 2020, almost 500,000 home loans and more than 225,000 business loans were deferred.
Anna Bligh, Chief Executive Officer of the Australian Banking Association reminded customers not to tough it out on their own.
“Lockdowns continue to bite across several states, and banks are again stepping up to help,” Ms Bligh said.
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