20. Debt recycling part 2: FAQs

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Last episode, Aussie FIRE co-hosts Dave and Hayden discussed debt recycling, and who can benefit from it. As it turns out, people in our community have a lot of questions about this subject. For this reason, Dave and Hayden decided to run a debt recycling FAQ.
Join the Aussie FIRE duo as they answer some of the most common questions around debt recycling. These include:

• Is debt recycling even legal?
• What type of loans do I need to debt recycle?
• How do I know whether I should debt recycle?
• What are the ideal interest rates for debt recycling?
• And many more.

Tune in, and they’ll give you answers – or, at the very least, the questions you should be asking yourself before you try debt recycling.

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Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.