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Gavin Martin, Financial Adviser and the Managing Director of Cornerstone Wealth discusses what Pre Pay interest is.
Consider paying the next 12 months interest expense prior to the 30th of June to
receive the tax benefit this financial year rather than having to wait until after the
next financial year.
• Cost vs Benefits
• Locks you in for another 12 months
• Interest rate fixed – possibly a good thing
Disclaimer
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