Any outstanding high education debt is required by law to commence its repayment, when that individual commences employment and received an income. The amount of which the repayment is set, is calculated based in the level of income being received in that year.
Whilst I made no specific reference to H.E.L.P debt within the explanation of the Speed indicators or gauges section, our calculations will include such values, if you add a loan type ‘HECS/HELP Debt’ loan and you correctly included the current repayment value and the repayment frequency from under the Borrowings main menu in the desktop version or in the Loan Card from the mobile app version of Moorr®.
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