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Frequently asked questions about Trust Deeds

What is the time period a Trust Deed will last?

Trust Deeds usually last for three years.

How long will it take to set up a trust deed?

It can be usually set up within six weeks.

Will it affect my credit rating?

A Trust Deed does affect your credit rating.

Will I be allowed to have a bank account?

Yes, you will be permitted to have a bank account but it won’t offer you lending or credit options.

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