Debt Relief in Australia
Debt Relief in Australia is incredibly sought after. Debt effects seven in ten Aussies and up to 2 million Australians are living below the poverty line. In Australia, debt is a very real concern, but luckily if you are experiencing debt, you don’t have to go through it alone.
Debt Rescue provides debt relief in Australia
Debt Rescue was established in 2005. As one of the first businesses in Australia to offer a broad range of debt relief services, Debt Rescue is playing a pivotal role in developing and shaping the industry as we know it today. Debt Rescue specialises in providing positive solutions to assist with debt relief in Australia.
These debt relief solutions include:
- Debt Consolidation
- Debt Refinancing
- Debtstroyer Agreements (Informal Debt Agreements)
- Debt Agreements
- Assist with Bankruptcy
Seeking debt relief in Australia
There are several paths to financial freedom when seeking debt relief in Australia and each road is suited for people in different stages of debt. Depending on your situation, you might like to consider Debt Consolidation, Debt Agreements or even Bankruptcy as a way to find debt relief.
A Debt Consolidation loan is suited for people who are only starting to feel the sting of debt and have plenty of opportunity to turn their finances around. It is a very popular form of debt relief in Australia. Debt Consolidation could include refinancing your loans or transferring the balance of your credit cards into a low or no fee card and making commitment to not use that card and repay the debt as fast as possible. Debt Consolidation makes your repayments a little easier to manage by reducing the interest and fees you pay.
Debt Agreements are suited for people who are struggling with their finances. Debt Agreements can freeze the interest and fees on your all your unsecured debts to your creditors as well as reduce the overall principle amount of your debts. By entering a Debt Agreement, you will also get the creditors off your back and allow yourself more time to repay your debt without the stress. Debt Agreements are an effective form of debt relief in Australia.
Informal Debt Agreements
Informal Debt Agreements are a good form of debt relief for people who have undergone a sudden financial change. Whether you have recently lost your job, your partner or are experiencing an expensive medical emergency, informal debt agreements can help with the relief of sudden unmanageable debts. They act in the same way as a debt agreement however they aren’t monitored by the government so aren’t marked on your credit file.
Bankruptcy is for people who can no longer control their debt. It comes hand in hand with a range of restrictions and obligations which have an impact on your lifestyle. While Bankruptcy comes with strict penalties, it can be an effective debt relief strategy. Debt Rescue understands Bankruptcy is a stressful experience and can assist you with the application process to make sure it runs as smoothly as possible. Bankruptcy is usually considered a last resort for debt relief in Australia.
Get out of Debt wherever you are in Australia
Wherever you are in Australia, Debt Rescue can help you find the right debt relief strategy for you. If you are seeking debt relief in Australia call Debt Rescue and Talk to an Aussie Who Cares on 1800 00 3328.